3 Bed Detached House, Planning Permission, Enfield, EN3 6JB, £530,000

Arnold Avenue East, Enfield, EN3 6JB - 2 months ago

BTL
Planning
~143 m²
+25 photos

ValuationFair Value

Sold Prices£350K - £712K
Sold Prices/m²£3.3K/m² - £6.8K/m²

 

 

Square Metres

~143.30 m²
Price/m²£3.7K/m²

Value Estimate

£535,300

 

 

End Value (After Refurb)

£689,715

Uplift in Value

+30%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£132,500

Stamp Duty & Legal Fees

£44,200

Refurb Costs

£75,810

Bridging Loan Interest

£13,913

Total Cash In

£268,173

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£689,715

Agent Fees (1%)

£6,897

Bridging Loan

£397,500

Bridging Loan Interest

£13,913

Flip Profit

£17,145

Local Sold Prices

50 sold prices from £350K to £712K, average is £394K. £3.3K/m² to £6.8K/m², average is £4.5K/m².

PriceDateDistanceAddressBeds 
£370K11/200.02 mi10, Arnold Avenue East, Enfield, Greater London EN3 6JB3
£368K04/210.02 mi501, South Ordnance Road, Enfield, Greater London EN3 6JD3
£350K10/200.02 mi519, South Ordnance Road, Enfield, Greater London EN3 6JD3
£362K10/200.06 mi74, Aldridge Avenue, Enfield, Greater London EN3 6HZ3
£392K05/230.06 mi121, Somerset Road, Enfield, Greater London EN3 6HU3
£712K04/230.19 mi49, Government Row, Enfield, Greater London EN3 6JN3
£371.5K02/210.21 mi9, Warwick Road, Enfield, Greater London EN3 6HW3
£390K09/220.23 mi6, Eden Close, Enfield, Greater London EN3 6YN3
£370K06/210.23 mi1, Salisbury Road, Enfield, Greater London EN3 6HG3
£391K12/200.26 mi11, Thorneycroft Drive, Enfield, Greater London EN3 6WG3
£390K04/210.27 mi18, Manton Road, Enfield, Greater London EN3 6XZ3
£370K12/200.27 mi48, Marrilyne Avenue, Enfield, Greater London EN3 6EG3
£400K11/200.27 mi24, Marrilyne Avenue, Enfield, Greater London EN3 6EG3
£460K06/230.27 mi48, Manton Road, Enfield, Greater London EN3 6XZ3
£435K05/210.28 mi22, Bideford Road, Enfield, Greater London EN3 6EH3
£352K03/210.28 mi10, Pritchett Close, Enfield, Greater London EN3 6XH3
£355K04/210.29 mi2, Pritchett Close, Enfield, Greater London EN3 6XH3
£420K08/210.29 mi22, Marrilyne Avenue, Enfield, Greater London EN3 6EG3
£495K02/230.29 mi1, Haldane Close, Enfield, Greater London EN3 6XN3
£415K09/210.32 mi7, Punchard Crescent, Enfield, Greater London EN3 6FZ3
£360K02/210.32 mi3, Carnegie Close, Enfield, Greater London EN3 6XX3
£400K06/210.34 mi9, Lockyer Mews, Enfield, Greater London EN3 6FU3
£405K02/210.36 mi19, Barrass Close, Enfield, Greater London EN3 6WP3
£366K05/210.38 mi14, Newbury Avenue, Enfield, Greater London EN3 6ED3
£385K03/210.38 mi16, Newbury Avenue, Enfield, Greater London EN3 6ED3
£441K04/230.38 mi27, Newbury Avenue, Enfield, Greater London EN3 6ED3
£500K09/220.42 mi5, Tysoe Avenue, Enfield, Greater London EN3 6DZ3
£540K04/210.46 mi76, Government Row, Enfield, Greater London EN3 6JW3
£400K12/200.49 mi15, Tysoe Avenue, Enfield, Greater London EN3 6DZ3
£393K04/210.52 mi54, Tysoe Avenue, Enfield, Greater London EN3 6DY3
£418K06/210.57 mi20, Castle Road, Enfield, Greater London EN3 5HP3
£410K12/220.59 mi41, Chesterfield Road, Enfield, Greater London EN3 6BE3
£370K03/210.6 mi112, Beaconsfield Road, Enfield, Greater London EN3 6AX3
£370K01/210.6 mi17, Chesterfield Road, Enfield, Greater London EN3 6BE3
£368K10/200.6 mi54, Ferndale Road, Enfield, Greater London EN3 6DJ3
£412.5K04/210.61 mi58, Ferndale Road, Enfield, Greater London EN3 6DJ3
£360K11/200.62 mi76, Catisfield Road, Enfield, Greater London EN3 6BD3
£373K03/210.62 mi77, Catisfield Road, Enfield, Greater London EN3 6BB3
£475K03/230.63 mi165, Ordnance Road, Enfield, Greater London EN3 6AD3
£395K06/210.63 mi77, Malvern Road, Enfield, Greater London EN3 6DD3
£400K03/210.63 mi68, Malvern Road, Enfield, Greater London EN3 6DD3
£385K01/230.63 mi35, Catisfield Road, Enfield, Greater London EN3 6BB3
£382.5K06/210.64 mi17, Catisfield Road, Enfield, Greater London EN3 6BB3
£438K11/220.64 mi121, Redlands Road, Enfield, Greater London EN3 5HW3
£398K08/210.65 mi119, Redlands Road, Enfield, Greater London EN3 5HW3
£424K07/230.66 mi24, Meads Road, Enfield, Greater London EN3 5HR3
£500K07/210.67 mi61, Park Road, Enfield, Greater London EN3 6SR3
£465K06/210.68 mi23, Croft Road, Enfield, Greater London EN3 5HT3
£380K03/230.69 mi151, Greenwood Avenue, Enfield, Greater London EN3 5FD3
£435K01/230.69 mi24, Catherine Road, Enfield, Greater London EN3 6DE3

Local Rents

21 rents from £1.9K/mo to £2.5K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,00012/240.08 mi-3
£2,30004/240.1 miHarston Drive, Enfield, EN33
£2,30005/240.1 mi-3
£2,39504/250.1 mi-3
£2,10012/240.16 mi-3
£2,25003/240.33 miNewbury Avenue, Enfield3
£2,15003/240.33 mi-3
£2,20005/240.34 mi-3
£2,20005/240.34 miSoham Road, Enfield, EN33
£2,38504/240.34 mi-3
£2,38504/240.34 miOrdnance Road, Enfield, EN33
£2,30003/240.36 miNewbury Avenue, Enfield, EN33
£2,30003/240.36 miNewbury Avenue, EN3, Enfield3
£2,30004/240.36 miNewbury Avenue, Enfield, London, EN33
£2,30003/240.36 miNewbury Avenue, Enfield, EN33
£2,20001/250.38 mi-3
£2,10012/230.52 mi-3
£1,90003/240.59 mi-3
£2,50002/240.62 mi-3
£2,05012/240.62 mi-3
£2,18003/250.62 mi-3

Local Area Statistics

Population in EN3

55,687

Population in Enfield

130,248

Town centre distance

3.59 miles away

Nearest school

0.20 miles away

Nearest train station

0.48 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 £530,000

March 8, 2025

Listed for £550,000

February 4, 2025

Floor Plans

Description

  • Detached Bungalow +
  • Off Street Parking +
  • Potential for Further Development STP +
  • Double Glazed Windows & Gas Central Heating +
  • Close Proximity to Enfield Lock Train Station +
  • Great Access into Tottenham Hale & London Liverpool Street +
  • Offered Chain Free +
  • A Rare Addition to the Market +
  • An Ideal Family Home or a Buy to Let Opportunity +

KINGS GROUP introduce a rarely available DETACHED BUNGALOW situated at the end of a peaceful cul-de-sac in Enfield Lock, just off Aldridge Avenue. This charming home is conveniently located near the River Lea and is close proximity to Enfield Lock station, offering easy access to London Liverpool Street & Tottenham Hale. The property offers excellent potential for extension or development, subject to obtaining the necessary planning permission.

Boasting off-street parking for 2-3 cars, this bungalow offers a fully detached layout, ensuring privacy and space. Inside, you'll find a bright and spacious kitchen diner, perfect for family meals and entertaining. The home also features double glazing throughout and benefits from gas central heating for year-round comfort.

The property’s spacious rear garden provides an ideal outdoor space, while the conservatory offers an additional area to relax and enjoy the surroundings. We highly recommend viewing this property to fully appreciate its potential.

BUYERS INFORMATION
To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers. There is a nominal charge of £50 plus VAT for this (for the transaction not per person), payable direct to Lifetime Legal. Please note, we are unable to issue a memorandum of sale until the checks are complete.

Freehold
Flood Risk Low
Council Tax Band - D
EPC Rating - D

Agent Details

Kings Group, Enfield Highway

020 3879 5588

Next Steps?

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