3 Bed Terraced House, Single Let, Enfield, EN3 4LY, £372,000

Falcon Road, Enfield, Middlesex, EN3 4LY - 2 months ago

Sold STC
Auction
BTL
ROI: 3%
~93 m²
+5 photos

ValuationUndervalued

Sold Prices£205.2K - £545K
Sold Prices/m²£3.5K/m² - £6.6K/m²

 

 

Square Metres

~93 m²
Price/m²£4K/m²

Value Estimate

£423,500
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,000

Stamp Duty & Legal Fees

£16,700

Total Cash In

£109,700

 

 

Cash Out

 

Rent Range

£1,700 - £3,100

Rent Estimate

£1,700

Running Costs/mo

£1,523

Cashflow/mo

£178

Cashflow/yr

£2,130

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £205.2K to £545K, average is £423.5K. £3.5K/m² to £6.6K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£370K09/210.03 mi3, Sutherland Road, Enfield, Greater London EN3 4LZ3
£205.2K02/210.05 mi6, Nelson Road, Enfield, Greater London EN3 4LU3
£365K06/230.09 mi15, Falcon Crescent, Enfield, Greater London EN3 4LT3
£450K05/210.17 mi5, Orchard Road, Enfield, Greater London EN3 4PH3
£417.5K01/210.17 mi13, Orchard Road, Enfield, Greater London EN3 4PH3
£375K12/200.17 mi41, Allens Road, Enfield, Greater London EN3 4PN3
£407K03/230.24 mi65, Curzon Avenue, Enfield, Greater London EN3 4UA3
£422K04/230.24 mi87, Sedcote Road, Enfield, Greater London EN3 4RG3
£400K03/210.24 mi85, Sedcote Road, Enfield, Greater London EN3 4RG3
£400K12/200.25 mi48, Scotland Green Road, Enfield, Greater London EN3 4RL3
£385K05/230.29 mi62, Curzon Avenue, Enfield, Greater London EN3 4UE3
£395K08/210.29 mi64, Clydesdale, Enfield, Greater London EN3 4RN3
£400K07/230.31 mi41, Dartford Avenue, London, Greater London N9 8HE3
£457.5K12/200.32 mi420, Lincoln Road, Enfield, Greater London EN3 4AH3
£288.9K08/240.32 mi4, Boundary Road, London, Greater London N9 8AX3
£430K04/240.33 mi34, Dartford Avenue, London, Greater London N9 8HD3
£428K08/230.33 mi14, Dartford Avenue, London, Greater London N9 8HD3
£390K11/230.33 mi243, Charlton Road, London, Greater London N9 8HH3
£469K02/230.35 mi22, Northfield Road, Enfield, Greater London EN3 4BS3
£460K05/230.35 mi66, Northfield Road, Enfield, Greater London EN3 4BS3
£400K10/200.37 mi70, Southfield Road, Enfield, Greater London EN3 4BY3
£410K03/230.37 mi34, Nightingale Road, London, Greater London N9 8AR3
£450K03/230.39 mi39, Southfield Road, Enfield, Greater London EN3 4BU3
£466.5K10/200.39 mi89d, Southfield Road, Enfield, Greater London EN3 4BU3
£530K01/230.4 mi68, Northfield Road, Enfield, Greater London EN3 4BS3
£485K06/210.41 mi192, Cuckoo Hall Lane, London, Greater London N9 8DU3
£435K02/210.42 mi57, Elmcroft Avenue, London, Greater London N9 7DR3
£430K01/210.43 mi12, Beatrice Road, London, Greater London N9 8AN3
£420K02/210.43 mi50, Beatrice Road, London, Greater London N9 8AN3
£400K01/240.44 mi199, Cuckoo Hall Lane, London, Greater London N9 8DT3
£492K03/210.44 mi2, Rossdale Drive, London, Greater London N9 7LG3
£490K12/220.44 mi25, Gilda Avenue, Enfield, Greater London EN3 7UJ3
£340K02/210.44 mi8, Gilda Avenue, Enfield, Greater London EN3 7UJ3
£492K11/230.44 mi8, Scarborough Road, London, Greater London N9 8AS3
£390K04/210.45 mi33, Norfolk Road, Enfield, Greater London EN3 4BG3
£510K07/230.46 mi107, Southfield Road, Enfield, Greater London EN3 4BT3
£430K12/220.46 mi81, Durants Road, Enfield, Greater London EN3 7DG3
£480K02/230.47 mi16, Oaklands Avenue, London, Greater London N9 7LH3
£500K07/220.47 mi156, Galliard Road, London, Greater London N9 7LP3
£451.5K06/210.48 mi76, Norfolk Road, Enfield, Greater London EN3 4BE3
£425K05/210.48 mi31, Alexandra Road, Enfield, Greater London EN3 7EJ3
£400K05/210.48 mi138, Galliard Road, London, Greater London N9 7LP3
£545K09/220.48 mi26, Oaklands Avenue, London, Greater London N9 7LH3
£465K04/210.49 mi9, Oaklands Avenue, London, Greater London N9 7LN3
£450K11/200.49 mi33, Oaklands Avenue, London, Greater London N9 7LN3
£375K06/210.49 mi33, Oxford Road, Enfield, Greater London EN3 4BA3
£440K08/220.49 mi40, Oxford Road, Enfield, Greater London EN3 4BA3
£420K11/200.5 mi56, Durants Road, Enfield, Greater London EN3 7AW3
£385K02/210.5 mi13, Charcroft Gardens, Enfield, Greater London EN3 7HA3
£413K04/210.51 mi23, Durants Park Avenue, Enfield, Greater London EN3 7ED3

Local Rents

37 rents from £1.7K/mo to £3.1K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£1,95003/240.02 miSutherland Road Enfield3
£2,70001/250.22 mi-3
£2,70003/250.22 mi-3
£2,90003/250.22 mi-3
£3,10003/250.24 mi-3
£2,80002/250.24 mi-3
£2,15003/250.29 mi-3
£2,20003/250.32 mi-3
£2,25004/240.36 miNags Head Road, Enfield, Middlesex, EN33
£2,40003/250.4 mi-3
£1,98004/240.42 mi-3
£2,45001/250.44 mi-3
£2,25003/240.44 mi-3
£2,30004/250.44 mi-3
£2,30005/240.46 miKing Edwards Road, EN33
£2,40006/240.47 miByron Terrace, London, N93
£2,40006/240.47 mi-3
£2,40006/240.47 miByron Terrace, London, N93
£2,40006/240.47 miByron Terrace, London, N93
£2,40006/240.47 mi-3
£2,20005/240.47 miKing Edward's Road, EN33
£1,99506/240.48 miCharlton Road, London, N93
£2,35001/250.48 mi-3
£2,30004/240.48 miKing Edwards Road, Enfield3
£2,30004/240.48 miKing Edwards Road, Enfield3
£1,90005/240.49 miHertford Road, Edmonton, London3
£1,90006/240.49 miHertford Road, Edmonton, London3
£2,00001/250.49 mi-3
£2,30005/240.54 mi-3
£2,45002/250.56 mi-3
£2,15003/250.56 mi-3
£2,25003/250.56 mi-3
£2,25003/250.56 mi-3
£2,15003/250.56 mi-3
£1,75006/240.58 mi3 Bedroom Flat – Mayfield Crescent, Edmonton N93
£1,70007/240.58 mi3 Bedroom Flat – Mayfield Crescent, Edmonton N93
£1,70007/240.58 mi3 Bedroom Flat – Mayfield Crescent, Edmonton N93

Local Area Statistics

Population in EN3

55,687

Population in Enfield

130,248

Town centre distance

2.44 miles away

Nearest school

0.10 miles away

Nearest train station

0.29 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 £372,000

April 5, 2025

Listed for £350,000

February 13, 2025

Floor Plans

Description

  • Spacious 3-Bedroom Terrace +
  • Large Open Plan Living Room +
  • Downstairs Bathroom +
  • Separate Upstairs WC +
  • Freehold +
  • Situated In The Ponders End Location +
  • Excellent Transport Links +
  • Excellent Investment Opportunity Or First Time Buy +

Spacious 3-Bedroom Terrace with Excellent Transport Links

National Residential are delighted to present this spacious 3-bedroom terraced property, located just a 5-minute walk from Ponders End Station. With its generous living space and exciting potential for modernisation, this property is an ideal home for families, professionals, or investors seeking convenience and future growth prospects.

Key Features:
* Freehold - Full ownership with no ground rent or service charges.
* Council Tax Band: D - Competitive for the area.
* Spacious Accommodation - Three double bedrooms and an open-plan living area.
* Prime Commuter Location - Ponders End Station just moments away.
* Potential Throughout - A perfect blank canvas to make your own.

Well-Proportioned Living Spaces:
The property provides spacious accommodation across two floors:
* Ground Floor:
o Large open-plan lounge/dining room - bright and versatile for family life.
o Kitchen - with access to the rear garden.
o Downstairs bathroom - fitted with a three-piece suite.
* First Floor:
o Three double bedrooms - offering flexible space for family members or home offices.
o Convenient WC - separate from the main bathroom.
* External:
o Good-sized rear garden - ideal for outdoor entertaining or gardening enthusiasts.

Prime Location - Ponders End, Enfield
Situated in Ponders End, this property benefits from a well-connected and vibrant community, perfect for families, commuters, and investors alike:
* Transport Links:
o Ponders End Station (0.3 miles) - direct trains to London Liverpool Street in 20 minutes.
o Southbury Station (0.7 miles) and Brimsdown Station (1.3 miles) - providing further travel options.
o Easy access to major roads including Mollison Avenue (A1055), A10 and M25, ensuring convenient travel across North London and beyond.
* Shopping & Amenities:
o Southbury Leisure Park - home to popular retailers, restaurants, and a cinema.
o Enfield Retail Park - just a short drive away for larger shopping trips.
o High Street Ponders End - offers a wide range of local shops, cafes, and services within walking distance.
* Education:
o Excellent access to primary and secondary schools, including:
Southbury Primary School - rated 'Good' by Ofsted.
Alma Primary School - just minutes away.
Oasis Academy Enfield - a well-regarded secondary school nearby.
* Green Spaces:
o Durants Park - perfect for dog walks, jogging, and family outings.
o Lea Valley Regional Park - ideal for exploring nature and outdoor activities.

A Property Packed with Potential
This property offers spacious rooms and plenty of potential to modernise and add value. Whether you're looking to create your ideal family home or secure a solid investment in an area with strong demand, this property ticks all the boxes.

Book Your Viewing Today
Please watch our online video tour for a closer look. To arrange a viewing or find out more, call our specialist sales team today!

This property is ONLY available for purchasers who are NOT in a chain.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. We would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances.

*By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. This additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 2% (minimum of £5,000) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website.

Agent Details

National Residential, Nationwide

01244 565390

Next Steps?

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