2 Bed Flat, Single Let, Enfield, EN3 6FX, £250,000

Manton Road, Enfield Island Village, EN3 6FX - 2 months ago

Leasehold
BTL
ROI: 6%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£135K - £341K
Sold Prices/m²£3K/m² - £7.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.7K/m²

Value Estimate

£302,500
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£1,450 - £2,100

Rent Estimate

£1,475

Running Costs/mo

£1,096

Cashflow/mo

£379

Cashflow/yr

£4,545

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £135K to £341K, average is £266K. £3K/m² to £7.3K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£285K07/230.19 mi9, Harston Drive, Enfield, Greater London EN3 6GG2
£220K01/230.28 mi36, Fisher Close, Enfield, Greater London EN3 6WQ2
£245K10/210.35 mi34, Shepley Mews, Enfield, Greater London EN3 6JP2
£262K03/230.4 mi10, Colt Mews, Enfield, Greater London EN3 6YH2
£293K11/220.41 mi5, Aldis Mews, Enfield, Greater London EN3 6YE2
£193.7K11/200.41 mi3, Polsten Mews, Enfield, Greater London EN3 6YF2
£235K02/230.64 mi64, Bridle Close, Enfield, Greater London EN3 6EB2
£227.5K12/200.65 mi60, Bridle Close, Enfield, Greater London EN3 6EB2
£270K02/210.65 mi65, Bridle Close, Enfield, Greater London EN3 6EB2
£285K08/230.68 mi20, Bridle Close, Enfield, Greater London EN3 6EA2
£236K03/210.68 mi21, Bridle Close, Enfield, Greater London EN3 6EA2
£226K02/210.68 mi30, Bridle Close, Enfield, Greater London EN3 6EA2
£234.5K03/210.68 mi42, Bridle Close, Enfield, Greater London EN3 6EA2
£234.5K03/210.68 mi42, Bridle Close, Enfield, Greater London EN3 6EA2
£285K10/200.88 mi2, Greenwich Way, Waltham Abbey, Essex EN9 3YB2
£285K01/210.9 mi167, Ordnance Road, Enfield, Greater London EN3 6AD2
£250K03/230.94 mi126b, Ordnance Road, Enfield, Greater London EN3 6BU2
£250K12/220.94 mi120b, Ordnance Road, Enfield, Greater London EN3 6BU2
£307K08/221.01 mi11, Burrows Chase, Waltham Abbey, Essex EN9 3YX2
£307K10/221.01 mi22, Burrows Chase, Waltham Abbey, Essex EN9 3YX2
£300K04/231.09 mi40a, Allandale Road, Enfield, Greater London EN3 6SB2
£285K11/221.14 mi51, Osborne Road, Enfield, Greater London EN3 7RW2
£250K10/201.15 mi113, Cunningham Avenue, Enfield, Greater London EN3 6LA2
£255K03/231.16 mi43a, Ordnance Road, Enfield, Greater London EN3 6UT2
£250K10/201.17 mi113, Cunningham Avenue, Enfield, Greater London EN3 6LA2
£242.5K04/231.18 mi2c, Putney Road, Enfield, Greater London EN3 6NJ2
£265K10/221.21 miFlat 18, Feldspar Court, Enstone Road, Enfield, Greater London EN3 7WR2
£275K03/211.28 mi20, Riley Road, Enfield, Greater London EN3 5QB2
£280K09/211.29 mi50, Westmoor Road, Enfield, Greater London EN3 7LF2
£135K11/221.31 mi46, Stainton Road, Enfield, Greater London EN3 5JS2
£275K11/201.32 mi458, Hertford Road, Enfield, Greater London EN3 5QH2
£257K06/231.35 mi55, Stainton Road, Enfield, Greater London EN3 5JP2
£270K02/211.36 mi131, Fishers Close, Waltham Cross, Hertfordshire EN8 7NN2
£225K11/201.43 miFlat 3, Hardingstone Court, Eleanor Way, Waltham Cross, Hertfordshire EN8 7SF2
£230K03/231.43 miFlat 21, Hardingstone Court, Eleanor Way, Waltham Cross, Hertfordshire EN8 7SF2
£290K10/221.43 mi79, Glenloch Road, Enfield, Greater London EN3 7HL2
£341K05/211.44 mi13a, Turkey Street, Enfield, Greater London EN3 5TT2
£292.5K05/211.45 mi68, Green Street, Enfield, Greater London EN3 7HP2
£260K02/211.46 mi44, Glenloch Road, Enfield, Greater London EN3 7HN2
£185K08/231.46 mi42, Glenloch Road, Enfield, Greater London EN3 7HN2
£222K05/231.46 miFlat 6, Westminster Court, Eleanor Way, Waltham Cross, Hertfordshire EN8 7SH2
£295K06/211.47 mi20, Winchester Close, Waltham Abbey, Essex EN9 1BB2
£295K01/231.47 mi21, Winchester Close, Waltham Abbey, Essex EN9 1BB2
£325K01/211.49 mi9, Lea View, Waltham Abbey, Essex EN9 1BJ2
£325K12/201.49 mi8, Lea View, Waltham Abbey, Essex EN9 1BJ2
£315K12/221.5 mi76, Fairways, Waltham Abbey, Essex EN9 1SX2
£267K02/231.51 mi91, Howard Close, Waltham Abbey, Essex EN9 1XB2
£280K04/231.56 mi7, Powdermill Lane, Waltham Abbey, Essex EN9 1JP2
£290K07/231.56 mi1, Powdermill Lane, Waltham Abbey, Essex EN9 1JP2
£255K01/211.56 mi22, Foundry Gate, Waltham Cross, Hertfordshire EN8 7HR2

Local Rents

23 rents from £1.4K/mo to £2.1K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,75005/240.17 miSoper Mews, EN32
£1,85003/240.18 miBenson Court, Enfield, EN32
£1,85003/240.18 mi-2
£1,80004/240.2 miManton Road, Enfield2
£1,70005/240.2 miManton Road, Enfield2
£1,57505/240.23 miManton Road, Enfield, Middlesex, EN32
£1,85005/240.25 mi-2
£1,60011/240.27 mi-2
£1,60003/240.27 miColgate Place, Bren Court, EN32
£1,60003/240.28 miWebley Court, Enfield, EN32
£1,50003/240.29 miFisher Close, Enfield Island Village2
£1,60005/240.29 miBren Court, 2 Colgate Place, Enfield, Greater London, EN3 6WF2
£1,45005/240.29 miTreeby Court, George Lovell Drive, Enfield, EN32
£1,50004/240.35 miShepley Mews, Enfield2
£1,60012/230.36 mi-2
£1,70003/240.36 miKing Henrys Mews, Enfield2
£2,10002/250.42 mi-2
£1,50005/240.54 miVelocity Way, Franklin House, EN32
£1,85002/250.56 mi-2
£1,85001/250.56 mi-2
£1,69511/230.56 mi-2
£1,95004/240.61 mi-2
£1,95003/240.61 mi-2

Local Area Statistics

Population in EN3

55,687

Population in Enfield

130,248

Town centre distance

3.81 miles away

Nearest school

0.50 miles away

Nearest train station

0.74 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £250,000

January 29, 2025

Floor Plans

Description

  • Two Bedroom Purpose-Built Flat +
  • Spacious Reception/Living Room +
  • 3 Piece Modern Bathroom Suite +
  • Fitted Modern Kitchen +
  • Double Glazing & Electrical Heating +
  • Communal Garden/Green Space +
  • Nearby: Enfield Lock Rail Station (Zone 6) +
  • Tenure – Leasehold: 99 years from 1 January 2001 | 75 Years Remaining +

FILEY PROPERTIES are delighted to offer on the market this TWO BEDROOM PURPOSE-BUILT FLAT, situated in a highly convenient location in ENFIELD ISLAND VILLAGE, EN3.

Positioned on a pleasant Purpose-Built block, this property benefits from a Spacious Reception/Living Room, Two Bedrooms (x2 Doubles), 3 Piece Bathroom Suite, Fitted Kitchen, Double Glazing Throughout, Electrical Heating, Residents Permit Parking (Additional Fees May Apply) and Communal Green Space for the benefit of the residents. We feel that this property could be a great Investment for an Investor or an ideal purchase for a First Time Buyer.

Great transport links follow with both Enfield Lock Rail Station (Zone 6) being within very close proximity of the property offering access to Tottenham Hale & London Liverpool Street. The very well connected Mollison Avenue/Meridian Way for those who own and commute via a vehicle is also accessible very easily with to North Circular/A406 located on one end & London Orbital (M25) on the other.

Call us Now to Arrange a Viewing to Avoid Disappointment.

EPC Rating - D
Council Tax Band – D
Tenure – Leasehold: 99 years from 1 January 2001 | 75 Years Remaining
Service Charges – £2081.94 (1st April 2024 to 31st March 2025)
Ground Rent – TBC Per Annum

Further Information

Conservation Area: No
Flood Risk: Low 
Broadband: Basic (23 Mbps) / Superfast (70 Mbps) / Ultrafast (1000 Mbps)
Mobile Coverage: EE / Three / Vodafone / O2
Satellite/Fibre TV: BT / Sky 
 
Disclaimer - The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed by Filey Properties London Ltd as to its accuracy. Any information of special interest should be obtained through independent verification.

Agent Details

Filey Properties, Enfield

020 7870 7815

Next Steps?

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