2 Bed Semi-Detached House, Single Let, Enfield, EN3 4LT, £400,000

5 Falcon Crescent, Enfield, EN3 4LT - 2 months ago

Sold STC

BTL

70 m²

+6 photos

ValuationOvervalued

Sold Prices	£327.5K - £450K
Sold Prices/m²	£4K/m² - £8K/m²

Square Metres	70 m²
Price/m²	£5.7K/m²
Value Estimate	£374,648£374,648

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£100,000£100,000
Stamp Duty & Legal Fees	£20,700£20,700
Total Cash In	£120,700£120,700

Cash Out
Rent Range	£1,500 - £2,200£1,500 - £2,200
Rent Estimate	£1,544
Running Costs/mo	£1,579£1,579
Cashflow/mo	£-35£-35
Cashflow/yr	£-418£-418
Gross Yield	5%5%

Local Sold Prices

38 sold prices from £327.5K to £450K, average is £376.3K. £4K/m² to £8K/m², average is £5.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£378K	03/21	0.06 mi	27, Falcon Road, Enfield, Greater London EN3 4LX	£4,345	87	2	Terraced House
£390K	05/23	0.1 mi	5, Wadsworth Close, Enfield, Greater London EN3 4LL	-	-	2	Terraced House
£370K	12/22	0.24 mi	129, Sandhurst Road, London, Greater London N9 8BB	-	-	2	Terraced House
£355K	09/23	0.29 mi	191, Sandhurst Road, London, Greater London N9 8BD	£6,228	57	2	Terraced House
£365K	10/23	0.3 mi	31, Dartford Avenue, London, Greater London N9 8HG	£5,214	70	2	Terraced House
£352K	08/21	0.37 mi	239, Scotland Green Road North, Enfield, Greater London EN3 7AU	-	-	2	Terraced House
£340K	06/21	0.39 mi	431, Lincoln Road, Enfield, Greater London EN3 4AQ	£4,595	74	2	Terraced House
£375K	01/21	0.47 mi	67, Durants Road, Enfield, Greater London EN3 7DG	£4,747	79	2	Terraced House
£327.5K	07/24	0.54 mi	3, St Michaels Avenue, London, Greater London N9 8DE	£5,746	57	2	Terraced House
£400.8K	11/22	0.59 mi	93, Elmcroft Avenue, London, Greater London N9 7DP	£6,097	66	2	Terraced House
£385K	12/20	0.6 mi	44, Suffolk Road, Enfield, Greater London EN3 4AZ	£4,053	95	2	Terraced House
£340K	02/21	0.6 mi	102, Elmcroft Avenue, London, Greater London N9 7DN	-	-	2	Terraced House
£415K	05/24	0.64 mi	105, Oaklands Avenue, London, Greater London N9 7LL	£6,194	67	2	Terraced House
£380K	03/21	0.64 mi	85, Oaklands Avenue, London, Greater London N9 7LL	£5,352	71	2	Semi-Detached House
£450K	11/22	0.65 mi	104, Oaklands Avenue, London, Greater London N9 7LJ	£6,818	66	2	Terraced House
£409K	09/21	0.65 mi	74, Mayfield Crescent, London, Greater London N9 7NJ	-	-	2	Semi-Detached House
£345K	11/23	0.65 mi	112, Oaklands Avenue, London, Greater London N9 7LJ	£6,053	57	2	Terraced House
£375K	01/24	0.65 mi	106, Oaklands Avenue, London, Greater London N9 7LJ	-	-	2	Terraced House
£388K	04/23	0.65 mi	96, Oaklands Avenue, London, Greater London N9 7LJ	-	-	2	Terraced House
£337K	06/23	0.67 mi	28, Tramway Avenue, London, Greater London N9 8PE	-	-	2	Terraced House
£415K	08/24	0.72 mi	92, Tudor Road, London, Greater London N9 8NY	£7,981	52	2	Bungalow
£337.5K	04/21	0.81 mi	99, Woodlands Road, London, Greater London N9 8RR	£4,614	73	2	Semi-Detached House
£375K	03/22	0.83 mi	27, Woodlands Road, Edmonton, London, Greater London N9 8RP	-	-	2	Semi-Detached House
£383K	05/21	0.84 mi	22, Mansfield Close, London, Greater London N9 7LU	-	-	2	Semi-Detached House
£378K	06/21	0.84 mi	90, Woodlands Road, London, Greater London N9 8RT	-	-	2	Terraced House
£411.5K	12/22	0.85 mi	18, Woodlands Road, Edmonton, London, Greater London N9 8RT	£5,715	72	2	Terraced House
£380K	10/21	0.86 mi	298, Nightingale Road, London, Greater London N9 8PP	£5,352	71	2	Terraced House
£330K	12/20	0.86 mi	298, Nightingale Road, London, Greater London N9 8PP	£4,648	71	2	Terraced House
£377.5K	10/21	0.87 mi	77, Forest Road, London, Greater London N9 8RU	-	-	2	Terraced House
£345K	10/23	0.88 mi	17, Coniston Gardens, London, Greater London N9 8NB	-	-	2	Semi-Detached House
£375K	09/23	0.9 mi	64, Lowden Road, London, Greater London N9 8RN	-	-	2	Terraced House
£345K	12/20	0.91 mi	89, Lowden Road, London, Greater London N9 8RL	£4,012	86	2	Terraced House
£393.5K	07/23	0.94 mi	63, Burncroft Avenue, Enfield, Greater London EN3 7JQ	£4,142	95	2	Terraced House
£395K	11/23	0.96 mi	50, Grosvenor Road, London, Greater London N9 8RH	£5,563	71	2	Terraced House
£360K	05/21	0.98 mi	46, Goldsdown Road, Enfield, Greater London EN3 7QZ	£5,538	65	2	Terraced House
£435K	06/23	0.98 mi	158, St Edmunds Road, London, Greater London N9 7PN	£6,127	71	2	Terraced House
£395K	09/21	0.99 mi	22, Grosvenor Road, London, Greater London N9 8RE	£5,376	73	2	Terraced House
£360K	04/21	0.99 mi	41, St Peters Road, Edmonton, London, Greater London N9 8JJ	£4,737	76	2	Terraced House

Local Rents

21 rents from £1.5K/mo to £2.2K/mo, average is £1.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,850	03/24	0.07 mi	2 Bed, 3rd Floor Zinc at Cape Court in Elements	2	Flat
£1,875	03/24	0.15 mi	-	2	Flat
£1,820	03/25	0.27 mi	-	2	Terraced House
£1,600	02/24	0.3 mi	-	2	Flat
£2,000	03/25	0.31 mi	-	2	Terraced House
£1,750	05/24	0.31 mi	-	2	Flat
£1,800	07/24	0.32 mi	Sandhurst Road, Edmonton, N9	2	Flat
£1,500	05/24	0.32 mi	Sandhurst Road, London	2	Flat
£2,200	05/24	0.37 mi	2 bed, Ground Floor Organdie at Quail Court in Elements	2	Flat
£1,880	05/24	0.37 mi	1 bed, Fourth Floor Titanium at Quail Court in Elements	2	Flat
£1,800	05/24	0.38 mi	-	2	Terraced House
£1,800	04/24	0.38 mi	Nags Head Road, Enfield, EN3	2	Terraced House
£1,500	03/24	0.38 mi	Scotland Green Road North, Enfield, Middlesex, EN3	2	Flat
£1,525	03/24	0.39 mi	-	2	Flat
£1,800	04/24	0.39 mi	Clarence Road, Enfield, EN3	2	Flat
£1,800	12/24	0.4 mi	-	2	Flat
£1,925	05/24	0.47 mi	Duck Lees Lane, Enfield	2	Flat
£1,650	04/24	0.49 mi	Rossmore Close, Enfield, EN3	2	Flat
£1,650	04/24	0.54 mi	Durants Road, Enfield, EN3	2	Flat
£1,600	03/24	0.55 mi	Derby Road, London, EN3	2	Flat
£1,750	04/25	0.6 mi	-	2	Flat

Local Area Statistics

Population in EN3	55,68755,687
Population in Enfield	130,248130,248
Town centre distance	2.51 miles away2.51 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.23 miles away0.23 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+5%+5%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+20%+20%

Property History

Listed for £400,000

February 4, 2025

Floor Plans

Description

Quiet Cul-De-Sac Location in Ponders End +
Proximity to Ponders End & Southbury Train Station +
Walking Distance to Local Shops & Amenities +
Potential to Extend to the Rear (STPP) +
South Facing Rear Garden with Side Access +
Driveway for Off Street-Parking +
Newly Fitted Roof (Few Years Ago) +
Double Glazing & Gas Central Heating +
15ft Lounge & 15ft Kitchen/Diner +
Newly Fitted Bathroom Suite +

GUIDE PRICE £400,000-£410,000 EQUITY ESTATE AGENTS are delighted to offer this Two-Bedroom SEMI-DETACHED Family Home situated in a Quiet Cul-De-Sac Location in Ponders End. This lovely Family Home offers great access to Local Shops, Bus Stops, Local Schools for All Ages, and other Amenities. Furthermore, this property also offers excellent Transport Links via both Ponders End and Southbury Train Stations providing direct routes to Tottenham Hale & London Liverpool Street.

Benefits include an Entrance Hallway, 15ft Lounge, 15ft Kitchen/Diner, Newly Fitted Bathroom Suite, Two Bedrooms, Double Glazing, Gas Central Heating, Driveway for Off-Street Parking, Approx 60ft South Facing Rear Garden, and a New Roof Installed a few years ago, and potential for Rear Extension (STPP). Council Tax Band C