2 Bed Flat, Single Let, Enfield, EN2 7EL, £300,000

Gladbeck Way, Enfield, EN2 7EL - 2 months ago

Leasehold
BTL
ROI: 4%
~51 m²
+3 photos

ValuationOvervalued

Sold Prices£112K - £665K
Sold Prices/m²£2.6K/m² - £7.4K/m²

 

 

Square Metres

~50.90 m²
Price/m²£5.9K/m²

Value Estimate

£293,184

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£18,700

Total Cash In

£93,700

 

 

Cash Out

 

Rent Range

£1,500 - £2,450

Rent Estimate

£1,584

Running Costs/mo

£1,274

Cashflow/mo

£310

Cashflow/yr

£3,716

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £112K to £665K, average is £348.8K. £2.6K/m² to £7.4K/m², average is £5.8K/m².

PriceDateDistanceAddressBeds 
£305K03/210.06 mi175, Gladbeck Way, Enfield, Greater London EN2 7EW2
£285K03/210.07 mi53, Gladbeck Way, Enfield, Greater London EN2 7EL2
£340K12/200.11 mi46, Waverley Road, Enfield, Greater London EN2 7AQ2
£665K06/210.11 mi31, The Coppice, Enfield, Greater London EN2 7BX2
£295K03/230.11 mi48, Waverley Road, Enfield, Greater London EN2 7AQ2
£500K06/230.14 miFlat 13, Claremont Heights, Crescent Road, Enfield, Greater London EN2 7RY2
£565K12/200.16 miFlat 2, Mountford House, Crescent Road, Enfield, Greater London EN2 7BL2
£257K01/230.22 mi67b, Windmill Hill, Enfield, Greater London EN2 7AF2
£412.5K01/210.25 mi4, Windmill Hill, Enfield, Greater London EN2 6SA2
£360K04/210.29 mi5d, Glebe Avenue, Enfield, Greater London EN2 8NZ2
£345K11/200.31 mi4, Millers Green Close, Enfield, Greater London EN2 7BD2
£420K06/210.33 mi30a, Little Park Gardens, Enfield, Greater London EN2 6PG2
£420K04/230.34 mi29, Florence Drive, Enfield, Greater London EN2 8DG2
£319K10/200.36 miFlat 14, Pinewood Court, Bycullah Road, Enfield, Greater London EN2 8EG2
£347.5K02/230.41 mi13, West Bank, Enfield, Greater London EN2 8DU2
£320K01/210.46 mi27a, The Ridgeway, Enfield, Greater London EN2 8PB2
£364K09/210.46 mi27b, Chase Green Avenue, Enfield, Greater London EN2 8EA2
£412.5K07/230.48 mi11, Hermitage Close, Enfield, Greater London EN2 8EL2
£367K05/230.5 mi27, Monks Close, Enfield, Greater London EN2 8DZ2
£520K05/210.51 mi75a, Chase Side, Enfield, Greater London EN2 6NL2
£325K03/210.55 mi91, Chase Green Avenue, Enfield, Greater London EN2 8EN2
£150K09/230.56 mi29, Homewillow Close, London, Greater London N21 2HJ2
£290K06/230.56 mi35, Homewillow Close, London, Greater London N21 2HJ2
£320K04/210.58 mi9, Canford Close, Enfield, Greater London EN2 8QN2
£375K05/210.58 mi41, St Andrews Road, Enfield, Greater London EN1 3UA2
£360K11/220.59 mi105, Uvedale Road, Enfield, Greater London EN2 6HD2
£172K04/210.62 mi37, The Grangeway, London, Greater London N21 2HD2
£340K01/210.62 mi51, The Grangeway, London, Greater London N21 2HD2
£295K09/230.62 mi25b, The Grangeway, London, Greater London N21 2HD2
£375K11/200.63 mi28a, Vera Avenue, London, Greater London N21 1RA2
£475K09/230.63 miFlat 6, Brooklands Court, Bush Hill, London, Greater London N21 2BZ2
£355K03/230.63 mi26, Vera Avenue, London, Greater London N21 1RA2
£375K11/200.63 mi28a, Vera Avenue, London, Greater London N21 1RA2
£315K10/200.64 mi17b, Links Side, Enfield, Greater London EN2 7QT2
£340K11/220.64 mi19, Links Side, Enfield, Greater London EN2 7QT2
£350K04/210.65 mi49a, Chalkwell Park Avenue, Enfield, Greater London EN1 2AN2
£112K01/230.65 mi70, Parsonage Lane, Enfield, Greater London EN2 0AH2
£395K06/210.66 mi9, Mcadam Drive, Enfield, Greater London EN2 8PS2
£360K06/230.67 mi10, Englefield Close, Enfield, Greater London EN2 7QD2
£350K06/230.68 mi12, Calder Close, Enfield, Greater London EN1 3TS2
£290K08/210.7 miFlat 73, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£290K10/200.7 mi26, Holtwhite Avenue, Enfield, Greater London EN2 0RS2
£430K08/210.7 mi10, Merridene, London, Greater London N21 1RD2
£415K11/200.7 mi30, Merridene, London, Greater London N21 1RD2
£250K03/210.7 miFlat 16, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£260K08/210.7 miFlat 50, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£280K01/230.7 miFlat 85, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£263K05/230.7 mi4, Camberley Avenue, Enfield, Greater London EN1 2AR2
£360K10/200.71 mi18, Chase Ridings, Enfield, Greater London EN2 7QF2
£395K12/200.71 mi22, Chase Ridings, Enfield, Greater London EN2 7QF2

Local Rents

50 rents from £1.5K/mo to £2.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,70004/240.04 mi-2
£1,70004/240.04 mi-2
£1,79504/240.07 miGladbeck Way, Enfield2
£1,65005/240.11 miWaverley Road, Enfield2
£1,60005/240.11 miWaverley Road, Enfield2
£1,60005/240.11 miWaverley Road, Enfield2
£1,60005/240.21 miWindmill Hill, Enfield2
£1,60003/240.21 miWindmill Hill, Enfield2
£2,00003/250.22 mi-2
£1,70004/240.22 miWindmill Hill, EN22
£1,90004/240.24 miSaphire Court, Enfield, EN22
£1,57512/230.27 mi-2
£1,70003/240.28 miHelen Clare Court, Enfield, EN22
£1,65004/240.28 miBycullah Road, ENFIELD2
£1,80004/240.3 miBycullah Road, ENFIELD2
£1,79504/240.3 miBycullah Court, Enfield2
£1,75004/240.31 miMillers Green Close, ENFIELD2
£1,70003/240.32 mi-2
£1,80003/250.35 mi-2
£2,00004/240.35 mi-2
£1,85002/240.37 mi-2
£1,85003/240.37 miFlorence Drive, Enfield, EN22
£1,67504/240.38 miThe Ridgeway, Enfield, Middlesex, EN22
£1,90002/250.39 mi-2
£1,70004/240.4 mi10-12 The Ridgeway, Enfield2
£2,00004/240.41 mi-2
£2,00003/240.41 miBurleigh Way, Enfield, EN22
£2,00004/240.41 miBurleigh Way, Enfield2
£1,90005/240.41 miBurleigh Way, Enfield, EN22
£1,65004/240.41 miChurch Street, Enfield Town EN22
£1,89804/240.41 miBurleigh Way, Enfield, EN22
£2,00004/240.42 miBurleigh Way, Enfield2
£1,90004/240.42 miBurleigh Way, Enfield, EN22
£1,75003/240.43 miSlades Hill, ENFIELD2
£1,82503/240.46 miRedwood House, Enfield, EN22
£1,75003/250.48 mi-2
£1,75003/240.49 miSydney Road, London, EN22
£1,50003/250.49 mi-2
£2,10003/240.49 miSydney Road, Enfield Town, EN22
£1,75003/240.49 miTower Point, Sydney Road, EN22
£2,45004/240.49 miTower Point, 52 Sydney Road, Enfield, London, EN22
£1,60004/240.49 miTower Point, EN22
£1,60005/240.49 miTower Point, EN22
£1,80002/240.5 mi-2
£1,80012/240.5 mi-2
£1,80012/240.5 mi-2
£1,95003/250.5 mi-2
£1,65004/240.5 miThe Ridgeway, London, EN22
£1,85002/250.5 mi-2
£1,80004/240.52 miLondon Road, London, EN22

Local Area Statistics

Population in EN2

29,471

Population in Enfield

130,248

Town centre distance

0.24 miles away

Nearest school

0.40 miles away

Nearest train station

0.17 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £300,000

February 14, 2025

Floor Plans

Description

  • Modern Bathroom and Kitchen +
  • Ground Floor - No Stairs +
  • Chain Free +
  • Walking Distance to Enfield Town and Enfield Chase BR station +
  • Principle Bedroom with Built In Wadrobes +
  • Bluetooth Speakers in Living Room +
  • Gas Central Heating and Combi Boiler +
  • Storage Cupboards x 2 +
  • Real Wood Flooring +
  • Perfect Investment or First Home +

PERFECT INVESTMENT PROPERTY OR FIRST TIME HOME. Located in Enfield Town, this charming two-bedroom ground floor apartment presents a unique blend of modernity and convenience. Recently updated, the property boasts a contemporary design throughout, featuring high-quality finishes and thoughtful touches that enhance its appeal. From the sleek kitchen with state-of-the-art appliances to the stylish bathroom with modern fixtures, every detail has been carefully considered to provide a comfortable and stylish living environment. 125 Year New Lease upon completion. The spacious living area serves as the heart of the home, offering ample room for both relaxation and entertainment, whilst boasting integrated Bluetooth speakers (also found throughout the property). Large windows allow natural light to flood the space, creating a bright and welcoming atmosphere. Adjacent to the living room is the modern kitchen, equipped with integrated appliances, plenty of storage, and sleek countertops, making it both functional and aesthetically pleasing. This property also boast ample storage with two built in wardrobes Both bedrooms are generously sized and designed with comfort in mind. The Principle bedroom features built-in wardrobes, offering plenty of storage space, while the second bedroom is perfect for guests, a home office, or a child's room. Each room is decorated in neutral tones, providing a blank canvas for personalization according to individual tastes. Externally, the property benefits from well-maintained communal gardens and off-street parking, ensuring convenience for residents. Located in a desirable area of Enfield is within easy reach of local amenities, schools, and transport links, making it an ideal home for professionals, couples, or small families looking for a modern, move-in-ready property in a vibrant community.

EPC Rating: C

Agent Details

Cottage Fields, Enfield

020 3897 8498

Next Steps?

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