2 Bed Flat, Single Let, Enfield, EN3 6DF, £245,000

Swan & Pike Road, Regent Court, EN3 6DF - 5 views - 2 months ago

Leasehold
BTL
ROI: 8%
~68 m²
+14 photos

ValuationUndervalued

Sold Prices£193.7K - £300K
Sold Prices/m²£3.6K/m² - £5.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.6K/m²

Value Estimate

£298,900
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£61,250

Stamp Duty & Legal Fees

£8,550

Total Cash In

£69,800

 

 

Cash Out

 

Rent Range

£1,400 - £1,950

Rent Estimate

£1,600

Running Costs/mo

£1,106

Cashflow/mo

£494

Cashflow/yr

£5,933

ROI

8%

Gross Yield

8%

Local Sold Prices

23 sold prices from £193.7K to £300K, average is £250K. £3.6K/m² to £5.7K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£285K07/230.09 mi9, Harston Drive, Enfield, Greater London EN3 6GG2
£245K10/210.18 mi34, Shepley Mews, Enfield, Greater London EN3 6JP2
£220K01/230.29 mi36, Fisher Close, Enfield, Greater London EN3 6WQ2
£293K11/220.35 mi5, Aldis Mews, Enfield, Greater London EN3 6YE2
£262K03/230.36 mi10, Colt Mews, Enfield, Greater London EN3 6YH2
£193.7K11/200.36 mi3, Polsten Mews, Enfield, Greater London EN3 6YF2
£235K02/230.46 mi64, Bridle Close, Enfield, Greater London EN3 6EB2
£227.5K12/200.46 mi60, Bridle Close, Enfield, Greater London EN3 6EB2
£270K02/210.46 mi65, Bridle Close, Enfield, Greater London EN3 6EB2
£285K08/230.49 mi20, Bridle Close, Enfield, Greater London EN3 6EA2
£236K03/210.49 mi21, Bridle Close, Enfield, Greater London EN3 6EA2
£226K02/210.49 mi30, Bridle Close, Enfield, Greater London EN3 6EA2
£234.5K03/210.49 mi42, Bridle Close, Enfield, Greater London EN3 6EA2
£234.5K03/210.49 mi42, Bridle Close, Enfield, Greater London EN3 6EA2
£285K01/210.69 mi167, Ordnance Road, Enfield, Greater London EN3 6AD2
£250K03/230.73 mi126b, Ordnance Road, Enfield, Greater London EN3 6BU2
£250K12/220.73 mi120b, Ordnance Road, Enfield, Greater London EN3 6BU2
£300K04/230.89 mi40a, Allandale Road, Enfield, Greater London EN3 6SB2
£255K03/230.95 mi43a, Ordnance Road, Enfield, Greater London EN3 6UT2
£285K10/200.95 mi2, Greenwich Way, Waltham Abbey, Essex EN9 3YB2
£250K10/200.96 mi113, Cunningham Avenue, Enfield, Greater London EN3 6LA2
£242.5K04/230.98 mi2c, Putney Road, Enfield, Greater London EN3 6NJ2
£250K10/200.98 mi113, Cunningham Avenue, Enfield, Greater London EN3 6LA2

Local Rents

24 rents from £1.4K/mo to £1.9K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,85005/240.04 mi-2
£1,75005/240.04 miSoper Mews, EN32
£1,85003/240.06 mi-2
£1,85003/240.06 miBenson Court, Enfield, EN32
£1,50004/240.18 miShepley Mews, Enfield2
£1,57505/240.2 miManton Road, Enfield, Middlesex, EN32
£1,70003/240.21 miKing Henrys Mews, Enfield2
£1,60011/240.22 mi-2
£1,60003/240.23 miWebley Court, Enfield, EN32
£1,80004/240.25 miManton Road, Enfield2
£1,70005/240.25 miManton Road, Enfield2
£1,60003/240.25 miColgate Place, Bren Court, EN32
£1,60005/240.27 miBren Court, 2 Colgate Place, Enfield, Greater London, EN3 6WF2
£1,45005/240.27 miTreeby Court, George Lovell Drive, Enfield, EN32
£1,60012/230.28 mi-2
£1,50003/240.3 miFisher Close, Enfield Island Village2
£1,50005/240.36 miVelocity Way, Franklin House, EN32
£1,85002/250.37 mi-2
£1,85001/250.37 mi-2
£1,69511/230.39 mi-2
£1,95004/240.41 mi-2
£1,95003/240.41 mi-2
£1,40005/240.6 mi-2
£1,40004/240.6 mi-2

Local Area Statistics

Population in EN3

55,687

Population in Enfield

130,248

Town centre distance

3.63 miles away

Nearest school

0.30 miles away

Nearest train station

0.54 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £245,000

February 14, 2025

Floor Plans

Description

  • Modern Bathroom +
  • Double Glazing +
  • Decked Garden area and Communal Garden +
  • Tiled Entrance Hall and Reception +
  • Modern Kitchen +
  • Off Street Parking and rear access +
  • CHAIN FREE +
  • Obtain rents of £1600pcm and above! +
  • Low Service charge and ground rent +
  • Gas Central Heating and Combi Boiler +

CHAIN FREE Cottage Fields is delighted to Introduce this fantastic property located in a sought-after area in Enfield, this renovated and well-maintained two-bedroom ground floor property offers a off-street parking and a garden. Situated within walking distance of Enfield Lock BR station, this property offers direct links to Central London, making it an ideal choice for commuters. Boasting an array of features including Gas Central Heating, Double glazing, a Modern Bathroom and Kitchen, a Built-in wardrobe to principal bedroom, storage space, and many more features. Upon entering the property, you will notice the wide entrance hall tiled and leading onto the well-designed living space, including direct garden access from the living room, which provides ample space for relaxation and entertainment, whilst bringing the outdoors in. The tastefully decorated flat features a fireplace, adding a touch of elegance to the living area. Furthermore, the flat has recently undergone renovations, ensuring a modern and stylish living environment. The well-appointed kitchen provides the perfect setting for aspiring chefs. With its contemporary design and high-quality fixtures, gas hob, and more, this area is sure to impress. Something that is extremely rare for apartments is a decked garden area and access to a communal garden, offering a peaceful and enjoyable space for outdoor activities. Additionally, there is rear access to a parking bay, providing convenience and security. This property benefits from a highly desirable location, with excellent public transport links nearby. Families and couples will appreciate the close proximity to schools, local amenities, green spaces, nearby parks, and the strong local community. Moreover, the surrounding area offers ample walking and cycling routes, allowing residents to enjoy the picturesque scenery. Don't miss out on the chance to make this property your dream home or investment. Book your viewing today! EPC rating C

EPC Rating: C

Agent Details

Cottage Fields, Enfield

020 3897 8498

Next Steps?

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