2 Bed Terraced House, Single Let, Enfield, EN3 5UT, £325,000

Hertford Road, Enfield, EN3 5UT - 2 months ago

Auction
BTL
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£170K - £450K
Sold Prices/m²£3.4K/m² - £8.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.8K/m²

Value Estimate

£369,536

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£18,700

Total Cash In

£99,950

 

 

Cash Out

 

Rent Range

£1,400 - £4,000

Rent Estimate

£1,500

Running Costs/mo

£1,336

Cashflow/mo

£164

Cashflow/yr

£1,973

ROI

2%

Gross Yield

6%

Local Sold Prices

43 sold prices from £170K to £450K, average is £370K. £3.4K/m² to £8.1K/m², average is £5.4K/m².

PriceDateDistanceAddressBeds 
£375K07/210.18 mi114, Roedean Avenue, Enfield, Greater London EN3 5QN2
£311K05/210.22 mi29a, The Loning, Enfield, Greater London EN3 5RG2
£370K02/230.36 mi91, Winnington Road, Enfield, Greater London EN3 5RL2
£352K03/230.37 mi124, The Sunny Road, Enfield, Greater London EN3 5EQ2
£370K12/200.38 mi21, Turkey Street, Enfield, Greater London EN3 5TT2
£382K06/210.4 mi82, Stoneleigh Avenue, Enfield, Greater London EN1 4HG2
£340K05/230.41 mi68, Turkey Street, Enfield, Greater London EN3 5TN2
£350K11/220.44 mi37, The Sunny Road, Enfield, Greater London EN3 5EF2
£346K06/210.44 mi3, Titchfield Road, Enfield, Greater London EN3 6AZ2
£377.2K09/210.47 mi85, Greenwood Avenue, Enfield, Greater London EN3 5DX2
£380K04/230.47 mi71, Catisfield Road, Enfield, Greater London EN3 6BB2
£445K06/230.48 mi121, Pembroke Avenue, Enfield, Greater London EN1 4EZ2
£380K06/230.48 mi60, Greenwood Avenue, Enfield, Greater London EN3 5DU2
£370K11/210.48 mi58, Greenwood Avenue, Enfield, Greater London EN3 5DU2
£345K10/200.49 mi15, The Sunny Road, Enfield, Greater London EN3 5EE2
£420K10/220.5 mi88, Turkey Street, Enfield, Greater London EN1 4PT2
£340K03/210.56 mi83, Totteridge Road, Enfield, Greater London EN3 6NG2
£390K04/230.58 mi23a, Ashford Crescent, Enfield, Greater London EN3 7HU2
£313K11/200.62 mi95, Bradley Road, Enfield, Greater London EN3 6ET2
£315K11/200.62 mi87, Bradley Road, Enfield, Greater London EN3 6ET2
£340K02/210.62 mi91, Tynemouth Drive, Enfield, Greater London EN1 4LP2
£380K03/210.62 mi109, Tynemouth Drive, Enfield, Greater London EN1 4LP2
£425K05/230.63 mi20, Putney Road, Enfield, Greater London EN3 6NN2
£400K01/210.63 mi20, Putney Road, Enfield, Greater London EN3 6NN2
£372K06/210.64 mi47, Allandale Road, Enfield, Greater London EN3 6SA2
£360K05/210.64 mi30, Manly Dixon Drive, Enfield, Greater London EN3 6BQ2
£450K05/210.66 mi2a, Westmoor Road, Enfield, Greater London EN3 7LE2
£170K03/210.67 mi9, Saville Row, Enfield, Greater London EN3 7LD2
£361K08/210.71 mi60, Pentrich Avenue, Enfield, Greater London EN1 4NA2
£330K06/230.72 mi66, Central Avenue, Enfield, Greater London EN1 3QF2
£408K01/230.72 mi83, Severn Drive, Enfield, Greater London EN1 4LY2
£393.5K07/230.75 mi63, Burncroft Avenue, Enfield, Greater London EN3 7JQ2
£368K06/210.76 mi103, Worcesters Avenue, Enfield, Greater London EN1 4ND2
£430K11/220.78 mi5, Chestnut Road, Enfield, Greater London EN3 6SX2
£360K05/210.79 mi46, Goldsdown Road, Enfield, Greater London EN3 7QZ2
£348.5K05/210.81 mi51, Holly Road, Enfield, Greater London EN3 6QA2
£425K04/210.82 mi20, Bressey Avenue, Enfield, Greater London EN1 4UU2
£390K11/220.86 mi11, Hornbeams Avenue, Enfield, Greater London EN1 4RA2
£397K11/200.93 mi1, Vernon Avenue, Enfield, Greater London EN3 6LF2
£380K06/210.94 mi111, Goat Lane, Enfield, Greater London EN1 4UD2
£360K11/210.95 mi68, Medcalf Road, Enfield, Greater London EN3 6HL2
£365K06/210.98 mi7, Vian Avenue, Enfield, Greater London EN3 6LQ2
£372.5K01/210.98 mi119, Mahon Close, Enfield, Greater London EN1 4DL2

Local Rents

42 rents from £1.4K/mo to £4K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,40004/240.01 mi463-465 Hertford Road, Enfield, Greater London, EN32
£1,40004/240.01 mi-2
£1,60003/240.05 miHoecroft Court, Hoe Lane, Enfield2
£1,65005/240.06 mi-2
£1,65003/250.06 mi-2
£1,90004/240.09 miHoe Lane, Enfield, London, EN32
£1,60004/240.2 miHertford Road, Enfield2
£1,60004/250.22 mi-2
£1,60003/240.22 miStainton Road, Enfield, EN32
£2,00012/240.3 mi-2
£1,60004/240.36 miBeaconsfield Road, Enfield2
£1,85011/240.36 mi-2
£1,70003/240.37 miThe Sunny Road, Enfield, EN32
£2,10012/240.38 mi-2
£1,60004/240.38 miAddison Road, Enfield, EN32
£1,80002/250.38 mi-2
£1,90001/250.39 mi-2
£1,70001/250.39 mi-2
£1,90001/250.39 mi-2
£1,70002/250.39 mi-2
£1,70003/250.39 mi-2
£1,80003/250.39 mi-2
£1,50003/250.39 mi-2
£1,50003/250.39 mi-2
£1,60002/250.39 mi-2
£1,75011/240.39 mi-2
£2,75011/240.41 mi-2
£1,50011/240.42 mi-2
£1,95004/240.47 miRaynton Road, Enfield, EN32
£1,75004/250.48 mi-2
£1,50002/240.51 mi-2
£1,50004/240.53 miSherbourne Avenue, Enfield2
£1,50005/240.53 miSherbourne Avenue, Enfield2
£1,65003/240.55 miGlenloch Road, Enfield, Middlesex, EN32
£1,85002/250.56 mi-2
£1,65004/240.57 miBowood Road, Enfield, EN32
£1,90002/250.57 mi-2
£4,00005/240.58 mi-2
£1,80005/240.58 mi-2
£1,75002/250.59 mi-2
£1,50004/240.59 miBridge Close, Enfield, Middlesex, EN12
£1,80005/240.59 miLarmans Road, Enfield, London, EN32

Local Area Statistics

Population in EN3

55,687

Population in Enfield

130,248

Town centre distance

2.64 miles away

Nearest school

0.20 miles away

Nearest train station

0.46 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Price changed to £325,000

March 24, 2025

Price changed to £350,000

February 28, 2025

Price changed to £365,000

February 16, 2025

Listed for £375,000

February 4, 2025

Floor Plans

Description

Spacious two double bedroom mid-terraced house available for sale CHAIN-FREE. This FREHOLD property benefits from two double size bedrooms, spacious lounge, separate reception area, family bathroom and kitchen as well as rear garden. This property will be a perfect buy for those looking to put their own stamp on the property and make it a perfect family home!

Viewing is highly recommended.

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,500.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements
Should you opt to use Conveyancing Services recommended by iamsold or the Partner Agent, please be advised that the Partner Agent will receive payment of up to £450.00 from the Conveyancing Provider for that recommendation where the services are taken, and a sale completes. It is important to note that recommended services are optional, and you should consider your options carefully before accepting any recommended services.

Agent Details

Bairstow Eves, Enfield

020 3910 6380

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪