3 Bed Detached House, Planning Permission, Potters Bar, EN6 4LH, £695,000

Kingswell Ride, Cuffley, EN6 4LH - 5 views - 2 months ago

Under Offer

Planning

ROI: 4%

~93 m²

+7 photos

ValuationOvervalued

Sold Prices	£428.5K - £1.3M
Sold Prices/m²	£5K/m² - £12.1K/m²

Square Metres	~93 m²
Price/m²	£7.5K/m²
Value Estimate	£633,939£633,939

End Value (After Refurb)	£595,000£595,000

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£173,750£173,750
Stamp Duty & Legal Fees	£44,300£44,300
Refurb Costs	£49,200£49,200
Bridging Loan Interest	£18,244£18,244
Total Cash In	£287,244£287,244

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£595,000£595,000
Mortgage (After Refinance)	£446,250£446,250
Mortgage LTV	75%75%
Cash Left In	£287,244£287,244
Equity	£148,750£148,750
Rent Range	£750 - £15,000£750 - £15,000
Rent Estimate	£3,476
Running Costs/mo	£2,575£2,575
Cashflow/mo	£901£901
Cashflow/yr	£10,817£10,817
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

27 sold prices from £428.5K to £1.3M, average is £665K. £5K/m² to £12.1K/m², average is £7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£570K	03/21	0.14 mi	16, Colesdale, Cuffley, Potters Bar, Hertfordshire EN6 4LQ	£5,758	99	3	Semi-Detached House
£533K	01/21	0.14 mi	12, Colesdale, Cuffley, Potters Bar, Hertfordshire EN6 4LQ	£6,663	80	3	Semi-Detached House
£665K	03/21	0.14 mi	56, Northaw Road East, Cuffley, Potters Bar, Hertfordshire EN6 4LZ	£9,078	73	3	Detached House
£665K	06/21	0.19 mi	35, Northaw Road East, Cuffley, Potters Bar, Hertfordshire EN6 4LU	-	-	3	Detached House
£560K	01/21	0.2 mi	58, Theobalds Road, Cuffley, Potters Bar, Hertfordshire EN6 4HS	£5,773	97	3	Detached House
£650K	11/22	0.26 mi	6, Cranfield Crescent, Cuffley, Potters Bar, Hertfordshire EN6 4EA	£6,250	104	3	Semi-Detached House
£757.5K	11/22	0.26 mi	2, Cranfield Crescent, Cuffley, Potters Bar, Hertfordshire EN6 4EA	£8,608	88	3	Detached House
£558K	01/21	0.26 mi	6, Cranfield Crescent, Cuffley, Potters Bar, Hertfordshire EN6 4EA	£5,365	104	3	Semi-Detached House
£630K	12/20	0.3 mi	34, Bacons Drive, Cuffley, Potters Bar, Hertfordshire EN6 4DU	£5,625	112	3	Semi-Detached House
£915K	11/22	0.33 mi	22, Tolmers Gardens, Cuffley, Potters Bar, Hertfordshire EN6 4JE	£7,754	118	3	Detached House
£670K	09/21	0.34 mi	2, Tolmers Gardens, Cuffley, Potters Bar, Hertfordshire EN6 4JE	£8,439	79	3	Detached House
£650K	04/21	0.52 mi	42, The Meadway, Cuffley, Potters Bar, Hertfordshire EN6 4ES	-	-	3	Detached House
£585K	09/21	0.52 mi	18, The Meadway, Cuffley, Potters Bar, Hertfordshire EN6 4ES	£8,607	68	3	Semi-Detached House
£607K	05/21	0.54 mi	21, The Meadway, Cuffley, Potters Bar, Hertfordshire EN6 4ET	£6,070	100	3	Semi-Detached House
£592.5K	08/21	0.54 mi	1, The Meadway, Cuffley, Potters Bar, Hertfordshire EN6 4ET	£6,971	85	3	Semi-Detached House
£743K	02/21	0.56 mi	12, Starling Lane, Cuffley, Potters Bar, Hertfordshire EN6 4JX	-	-	3	Detached House
£428.5K	05/21	0.59 mi	6, Cattlegate Road, Northaw, Potters Bar, Hertfordshire EN6 4DL	£5,041	85	3	Terraced House
£745K	08/21	0.59 mi	19, Thrush Lane, Cuffley, Potters Bar, Hertfordshire EN6 4JT	-	-	3	Semi-Detached House
£830K	06/21	0.65 mi	7, High Ridge, Cuffley, Potters Bar, Hertfordshire EN6 4JH	£8,384	99	3	Detached House
£750K	06/21	0.67 mi	24, Homewood Avenue, Cuffley, Potters Bar, Hertfordshire EN6 4QG	£8,065	93	3	Detached House
£755K	01/23	0.69 mi	7, Warwick Avenue, Cuffley, Potters Bar, Hertfordshire EN6 4RU	-	-	3	Detached House
£715K	06/21	0.75 mi	30, Homewood Avenue, Cuffley, Potters Bar, Hertfordshire EN6 4QR	-	-	3	Detached House
£695K	11/20	0.8 mi	76, Brookside Crescent, Cuffley, Potters Bar, Hertfordshire EN6 4QJ	£8,797	79	3	Detached House
£650K	10/21	0.8 mi	96, Brookside Crescent, Cuffley, Potters Bar, Hertfordshire EN6 4QJ	£5,702	114	3	Detached House
£1.3M	06/21	0.84 mi	35, The Ridgeway, Cuffley, Potters Bar, Hertfordshire EN6 4BB	£10,282	124	3	Detached House
£600K	02/21	0.85 mi	100, Brookside Crescent, Cuffley, Potters Bar, Hertfordshire EN6 4QL	£5,882	102	3	Detached House
£720K	10/22	0.93 mi	Anchor Cottage, Vineyards Road, Northaw, Potters Bar, Hertfordshire EN6 4PH	£12,142	59	3	Terraced House

Local Rents

51 rents from £750/mo to £15K/mo, average is £2K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,300	12/24	0.01 mi	-	1	Flat
£1,350	04/24	0.31 mi	Station Road, Cuffley	2	Flat
£1,600	04/24	0.31 mi	Lambs Close, Cuffley EN6	2	Flat
£1,700	04/24	0.31 mi	Lambs Close, Cuffley, Potters Bar, EN6	2	Flat
£1,460	10/24	0.32 mi	-	2	Flat
£2,000	03/24	0.32 mi	-	2	Flat
£2,000	02/25	0.32 mi	-	2	Flat
£1,695	03/24	0.32 mi	Lambs Close, Cuffley	2	Flat
£1,700	12/24	0.34 mi	-	2	Flat
£1,750	02/25	0.36 mi	-	2	Flat
£1,900	03/24	0.39 mi	Tolmers Road, Cuffley	4	Flat
£1,950	04/24	0.47 mi	Station Road, EN6	2	Flat
£1,950	04/24	0.47 mi	Station Road, Potters Bar	2	Flat
£1,300	12/24	0.47 mi	-	1	Semi-Detached House
£1,400	03/25	0.47 mi	-	1	Semi-Detached House
£1,900	08/24	0.47 mi	-	2	Flat
£1,950	10/24	0.47 mi	-	2	Flat
£3,250	04/24	0.49 mi	Tolmers Avenue, Cuffley, Hertfordshire, EN6	4	Detached House
£4,500	12/24	0.53 mi	Rowbourne Place, Cuffley, Hertfordshire, EN6	4	Detached House
£3,250	04/24	0.54 mi	Cuffley	4	Detached House
£3,500	12/24	0.55 mi	-	5	Detached House
£3,500	12/24	0.55 mi	-	5	Detached House
£3,995	04/24	0.73 mi	Brookside Crescent, Cuffley	4	Detached House
£3,995	04/24	0.73 mi	Brookside Crescent, Cuffley, Hertfordshire, EN6	4	Detached House
£8,500	04/24	0.85 mi	The Ridgeway, Cuffley, Hertfordshire, EN6	5	Detached House
£8,500	04/24	0.86 mi	The Ridgeway, Cuffley	5	Detached House
£1,500	07/24	0.94 mi	-	1	Detached House
£1,600	07/24	1.18 mi	-	2	Terraced House
£1,950	04/24	1.19 mi	Northaw Road West, EN6	3	Terraced House
£2,500	04/25	1.19 mi	-	3	Semi-Detached House
£1,100	08/23	1.21 mi	-	1	Bungalow
£15,000	12/24	1.21 mi	Vineyards Road, Northaw	5	Detached House
£4,250	04/25	1.26 mi	-	4	Detached House
£1,595	04/24	1.28 mi	Church Lane, EN6	2	Flat
£1,150	12/24	1.31 mi	Newgatestreet Road, Goffs Oak, Waltham Cross, EN7	1	Flat
£1,150	05/24	1.31 mi	-	1	Flat
£750	12/24	1.33 mi	Newgatestreet Road, Goffs Oak, EN7	1	Studio Flat
£2,557	04/24	1.52 mi	Cattlegate Road, Enfield, EN2	5	Detached House
£2,750	12/24	1.53 mi	St Johns Road, Goffs Oak, EN7	3	Detached House
£2,995	08/24	1.54 mi	Newgate Street Village, Hertford	4	Flat
£3,750	05/24	1.54 mi	Cattlegate Road, Enfield	4	Detached House
£1,450	07/24	1.54 mi	-	1	Flat
£2,750	03/24	1.61 mi	Cattlegate Road, Enfield, EN2	5	Detached House
£2,550	04/24	1.61 mi	Cattlegate Road, Enfield, EN2	5	Detached House
£2,750	03/24	1.61 mi	Cattlegate Road, Enfield	5	Flat
£2,550	04/24	1.61 mi	Cattlegate Road, Enfield	5	House
£9,995	12/24	1.63 mi	Ponsborne Manor, Newgate Street Village, Cuffley	4	Flat
£9,000	12/24	1.66 mi	New Park Road, Newgate Street, Hertford, Hertfordshire, SG13	6	Detached House
£9,000	12/24	1.66 mi	New Park Road, Newgate Street, SG13	5	Detached House
£8,750	12/24	1.66 mi	Newgate Street Village, Hertfordshire, SG13	4	Flat
£6,500	12/24	1.78 mi	St. James Road, Goffs Oak, EN7	5	Detached House

Local Area Statistics

Population in EN6	29,06729,067
Population in Potters Bar	29,07529,075
Town centre distance	2.87 miles away2.87 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.41 miles away0.41 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	+16%+16%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+14%+14%

Property History

Listed for £695,000

February 3, 2025

Floor Plans

Description

CHAIN COMPLETE +
3 BEDROOMS +
2 RECEPTION ROOMS +
HUGE POTENTIAL TO EXTEND STPP +
LARGE GARDEN APPROACHING 100FT +
DOUBLE LENGTH GARAGE +
WALKING DISTANCE TO SHOPS AND STATION +
QUIET NO THROUGH ROAD +

This charming 3-bedroom detached bungalow is nestled on a peaceful no-through road, a short walk away from Cuffley village and its train station. Spanning 1617 square feet, the property offers a fantastic opportunity for extension or redevelopment (subject to planning permission). The ground floor includes an entrance hallway, kitchen breakfast room, 2 bedrooms, bathroom, WC, living room, dining room, and conservatory. On the first floor, there is an additional bedroom. The outdoor space features a delightful rear garden that extends nearly 100 feet. Additionally, there is a double-length garage and off-street parking available.

Agent Details

Banc Property, Cuffley

01707 241096

Next Steps?

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