2 Bed Flat, Single Let, Enfield, EN1 4UE, £295,000

Orton Grove, Enfield, EN1 4UE - a month ago

Leasehold
BTL
ROI: 3%
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£135K - £500K
Sold Prices/m²£4.1K/m² - £8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.3K/m²

Value Estimate

£357,583
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£73,750

Stamp Duty & Legal Fees

£12,300

Total Cash In

£86,050

 

 

Cash Out

 

Rent Range

£1,450 - £1,850

Rent Estimate

£1,481

Running Costs/mo

£1,238

Cashflow/mo

£243

Cashflow/yr

£2,915

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £135K to £500K, average is £311.3K. £4.1K/m² to £8K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£270K04/210.01 mi17, Orton Grove, Enfield, Greater London EN1 4UE2
£290K11/220.01 mi24, Orton Grove, Enfield, Greater London EN1 4UE2
£257K03/230.02 mi80, Orton Grove, Enfield, Greater London EN1 4UY2
£275K03/210.12 mi1, Linwood Crescent, Enfield, Greater London EN1 4UP2
£272K04/210.12 mi107, Linwood Crescent, Enfield, Greater London EN1 4UP2
£217.5K04/210.15 mi216, Magpie Close, Enfield, Greater London EN1 4JG2
£300K12/200.16 mi335, Carterhatch Lane, Enfield, Greater London EN1 4AW2
£317.5K07/210.22 mi15, Bridgenhall Road, Enfield, Greater London EN1 4AZ2
£245K05/210.26 mi36, Russell Road, Enfield, Greater London EN1 4TW2
£340K04/210.27 mi3, Myddelton Close, Enfield, Greater London EN1 4AJ2
£320K03/210.3 mi60, Myddelton Avenue, Enfield, Greater London EN1 4AG2
£322.5K04/210.3 mi78, Myddelton Avenue, Enfield, Greater London EN1 4AG2
£325K06/210.3 mi80, Myddelton Avenue, Enfield, Greater London EN1 4AG2
£300K12/200.3 mi74, Myddelton Avenue, Enfield, Greater London EN1 4AG2
£340K02/210.36 mi59, Bicknoller Road, Enfield, Greater London EN1 3NW2
£342K03/210.36 mi76, Inverness Avenue, Enfield, Greater London EN1 3NU2
£280K11/200.36 mi36, Myddelton Avenue, Enfield, Greater London EN1 4AF2
£324.5K11/200.37 mi37, Myddelton Avenue, Enfield, Greater London EN1 4AQ2
£332K07/230.37 mi39, Myddelton Avenue, Enfield, Greater London EN1 4AQ2
£300K02/210.42 mi48, Severn Drive, Enfield, Greater London EN1 4LY2
£267.5K08/210.57 mi140, Maltby Drive, Enfield, Greater London EN1 4EW2
£220K03/230.58 mi259, Maltby Drive, Enfield, Greater London EN1 4ES2
£322K01/230.6 mi10, Bridge Close, Enfield, Greater London EN1 4LH2
£307.5K04/210.65 mi52, Pevensey Avenue, Enfield, Greater London EN1 3HT2
£500K12/200.68 mi14, Riversfield Road, Enfield, Greater London EN1 3DJ2
£335K04/210.7 mi8a, Graeme Road, Enfield, Greater London EN1 3UX2
£315K10/210.73 mi23, Cobham Close, Enfield, Greater London EN1 3SD2
£300K06/210.73 mi91, Cobham Close, Enfield, Greater London EN1 3SD2
£272K02/210.73 mi29, Cobham Close, Enfield, Greater London EN1 3SD2
£295K06/210.74 mi11, Weston Road, Enfield, Greater London EN2 0QD2
£320K12/200.74 mi2, Weston Road, Enfield, Greater London EN2 0QD2
£297K03/210.74 mi13, Weston Road, Enfield, Greater London EN2 0QD2
£341K04/210.74 mi116, Gordon Road, Enfield, Greater London EN2 0QB2
£341K04/210.74 mi116, Gordon Road, Enfield, Greater London EN2 0QB2
£300K04/210.74 mi171, Gordon Road, Enfield, Greater London EN2 0QB2
£315K10/200.77 mi14b, Ladysmith Road, Enfield, Greater London EN1 3AA2
£330K07/230.78 mi20, Birkbeck Road, Enfield, Greater London EN2 0DX2
£260K02/210.79 mi9, Cuba Drive, Enfield, Greater London EN3 5BB2
£348K12/220.79 mi110a, Baker Street, Enfield, Greater London EN1 3EZ2
£325K03/210.8 mi27, Morley Hill, Enfield, Greater London EN2 0BN2
£352.5K11/220.8 miFlat 14, Cheviot Court, Cheviot Close, Enfield, Greater London EN1 3UY2
£365K03/230.81 miFlat 27, Cheviot Court, Cheviot Close, Enfield, Greater London EN1 3UY2
£350K10/220.82 miFlat 20, Cheviot Court, Cheviot Close, Enfield, Greater London EN1 3UY2
£385K02/210.82 mi66, Drake Street, Enfield, Greater London EN2 0LQ2
£300K02/210.82 miUpper Flat, 18, Drake Street, Enfield, Greater London EN2 0LQ2
£339K04/210.82 mi30, Morley Hill, Enfield, Greater London EN2 0BJ2
£257K06/230.84 mi55, Stainton Road, Enfield, Greater London EN3 5JP2
£275K11/200.87 mi458, Hertford Road, Enfield, Greater London EN3 5QH2
£272.5K04/210.87 mi14, Lea Road, Enfield, Greater London EN2 0LA2
£135K11/220.88 mi46, Stainton Road, Enfield, Greater London EN3 5JS2

Local Rents

26 rents from £1.4K/mo to £1.9K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,80004/240.02 mi-2
£1,75003/250.03 mi-2
£1,70003/250.03 mi-2
£1,75003/240.03 miMelling Drive2
£1,85003/240.06 miMelling Drive, Enfield, EN12
£1,45010/230.13 miLinwood Crescent, Enfield, Middlesex, EN12
£1,80002/250.28 mi-2
£1,65003/240.28 miEnfield, London, EN12
£1,65003/240.28 mi-2
£1,67503/240.28 miBicknoller Road, London, EN12
£1,67504/240.28 mi-2
£1,57503/240.29 miMyddelton Avenue, Enfield2
£1,70012/240.34 mi-2
£1,60003/240.34 mi-2
£1,50003/240.37 miAdelaide Close, Enfield2
£1,50003/240.39 miAdelaide Close, Enfield EN1 4AA2
£1,57504/240.4 miForty Hill, Enfield, Middlesex, EN22
£1,60003/240.41 mi-2
£1,70003/240.43 miCanonbury Road, Enfield, EN12
£1,75002/250.44 mi-2
£1,85002/250.47 mi-2
£1,50002/240.51 mi-2
£1,80005/240.53 mi-2
£1,50011/240.55 mi-2
£1,60003/240.6 miPrimrose Avenue, Enfield, EN22
£1,50004/240.6 miBridge Close, Enfield, Middlesex, EN12

Local Area Statistics

Population in EN1

45,671

Population in Enfield

130,248

Town centre distance

1.74 miles away

Nearest school

0.30 miles away

Nearest train station

0.97 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £295,000

February 19, 2025

Floor Plans

Description

  • Two Bedroom Purpose Built Flat (Ground Floor) +
  • Spacious Reception/Living Room +
  • Fitted Modern Kitchen +
  • 3 Piece Bathroom Suite & En-Suite via Master Bedroom +
  • Double Glazing Throughout & Electric Heating +
  • Nearby: Enfield Town Rail Station (Zone 5 / London Overground) +
  • Off-Street Parking via Residents Communal Car Park +
  • EPC Rating: C | Council Tax Band: C +
  • Lease Term: : 105 Years Remaining +

FILEY PROPERTIES are delighted to offer on the market this TWO BEDROOM PURPOSE-BUILT FLAT (Ground Floor), located in a highly convenient location in ENFIELD, EN3.

Positioned on a pleasant Purpose-Built block, this Ground Floor Flat benefits from a Spacious Reception/Living Room, Fitted Modern Kitchen, Two Bedrooms (x2 Doubles), 3 Piece Bathroom Suite & 3 Piece En-Suite via Master Bedroom, Double Glazing Throughout & Electric Heating, Communal Green Space for the benefit of the residents and Off-Street Parking courtesy of an Residents Communal Car Park. We feel that this property could be a great Investment for an Investor or an ideal purchase for a First Time Buyer.

Great transport links follow with Enfield Town Rail Station (Zone 5 / London Overground / Direct Links to London Liverpool Street) being within close proximity of the property along with the very well connected A10 (Great Cambridge Road) & London Orbital (M25) carriageways for those who own and commute via a vehicle is also accessible very easily.

Furthermore, Enfield Town Shopping Centre (Palace Shopping), is within very close proximity, providing direct access to many amenities for the day to day running of your household or simply just a day out, along with being in the catchment area of local Primary & Secondary Schools rated Good and above.

Call us Now to Arrange a Viewing to Avoid Disappointment.

EPC Rating - C
Council Tax Band – C
Tenure – Leasehold
Lease Term: 125 years from 24 June 2005 | Lease Remaining: 105 years
Service Charges – £145.93 Per Month
Ground Rent – £200.00 Per Annum  

Further Information

Conservation Area: No
Flood Risk: No Risk
Broadband: Basic (5 Mbps) / Superfast (128 Mbps) / Ultrafast (1000 Mbps)
Mobile Coverage: EE / Three / Vodafone / O2
Satellite/Fibre TV: BT / Sky 
 
Disclaimer - The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed by Filey Properties London Ltd as to its accuracy. Any information of special interest should be obtained through independent verification.

Agent Details

Filey Properties, Enfield

020 7870 7815

Next Steps?

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