2 Bed Flat, Single Let, Enfield, EN2 7HW, £350,000

Enfield Road, Enfield, Middlesex, EN2 7HW - 2 months ago

Leasehold
BTL
ROI: 2%
~60 m²
+9 photos

ValuationFair Value

Sold Prices£250K - £665K
Sold Prices/m²£4.6K/m² - £6.7K/m²

 

 

Square Metres

~60.40 m²
Price/m²£5.8K/m²

Value Estimate

£347,939

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£23,700

Total Cash In

£111,200

 

 

Cash Out

 

Rent Range

£1,400 - £2,100

Rent Estimate

£1,600

Running Costs/mo

£1,434

Cashflow/mo

£166

Cashflow/yr

£1,995

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £250K to £665K, average is £345K. £4.6K/m² to £6.7K/m², average is £5.8K/m².

PriceDateDistanceAddressBeds 
£315K10/200.18 mi17b, Links Side, Enfield, Greater London EN2 7QT2
£340K11/220.18 mi19, Links Side, Enfield, Greater London EN2 7QT2
£360K06/230.28 mi10, Englefield Close, Enfield, Greater London EN2 7QD2
£395K12/200.3 mi22, Chase Ridings, Enfield, Greater London EN2 7QF2
£365K06/230.3 mi31, Chase Ridings, Enfield, Greater London EN2 7QF2
£317.5K03/230.44 mi73, Crofton Way, Enfield, Greater London EN2 8HR2
£320K04/210.44 mi9, Canford Close, Enfield, Greater London EN2 8QN2
£290K08/210.45 miFlat 73, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£360K10/220.46 mi58, Crofton Way, Enfield, Greater London EN2 8HS2
£338K11/220.46 mi64, Crofton Way, Enfield, Greater London EN2 8HS2
£250K03/210.48 miFlat 16, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£260K08/210.48 miFlat 50, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£280K01/230.48 miFlat 85, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£345K11/200.49 mi4, Millers Green Close, Enfield, Greater London EN2 7BD2
£320K01/210.5 mi27a, The Ridgeway, Enfield, Greater London EN2 8PB2
£316K01/230.56 mi2, Woodridge Close, Enfield, Greater London EN2 8HJ2
£315K03/210.56 mi6, Woodridge Close, Enfield, Greater London EN2 8HJ2
£310K12/220.56 mi1, Woodridge Close, Enfield, Greater London EN2 8HJ2
£315K03/210.56 mi6, Woodridge Close, Enfield, Greater London EN2 8HJ2
£368K01/230.58 mi40, Anderson Close, London, Greater London N21 1TH2
£390K09/230.59 mi36, Anderson Close, London, Greater London N21 1TH2
£360K04/210.59 mi5d, Glebe Avenue, Enfield, Greater London EN2 8NZ2
£565K12/200.62 miFlat 2, Mountford House, Crescent Road, Enfield, Greater London EN2 7BL2
£319K10/200.62 miFlat 14, Pinewood Court, Bycullah Road, Enfield, Greater London EN2 8EG2
£412.5K07/230.63 mi11, Hermitage Close, Enfield, Greater London EN2 8EL2
£345K09/230.64 miFlat 10, Beveridge Court, Pennington Drive, London, Greater London N21 1SY2
£325K03/210.64 mi91, Chase Green Avenue, Enfield, Greater London EN2 8EN2
£500K06/230.64 miFlat 13, Claremont Heights, Crescent Road, Enfield, Greater London EN2 7RY2
£395K06/210.66 mi9, Mcadam Drive, Enfield, Greater London EN2 8PS2
£295K03/230.67 mi48, Waverley Road, Enfield, Greater London EN2 7AQ2
£340K12/200.67 mi46, Waverley Road, Enfield, Greater London EN2 7AQ2
£385K04/230.67 mi29, Blackwell Close, London, Greater London N21 1UL2
£360K10/220.67 mi35, Blackwell Close, London, Greater London N21 1UL2
£665K06/210.68 mi31, The Coppice, Enfield, Greater London EN2 7BX2
£335K01/230.69 mi26, Blackwell Close, London, Greater London N21 1UL2
£257K01/230.69 mi67b, Windmill Hill, Enfield, Greater London EN2 7AF2
£315K03/230.7 mi52, John Gooch Drive, Enfield, Greater London EN2 8HG2
£300K01/210.7 mi60, John Gooch Drive, Enfield, Greater London EN2 8HG2
£285K03/210.74 mi53, Gladbeck Way, Enfield, Greater London EN2 7EL2
£305K03/210.74 mi175, Gladbeck Way, Enfield, Greater London EN2 7EW2
£367K05/230.75 mi27, Monks Close, Enfield, Greater London EN2 8DZ2
£364K09/210.77 mi27b, Chase Green Avenue, Enfield, Greater London EN2 8EA2
£395K02/210.79 miFlat 9, Pine Court, Chaseville Park Road, London, Greater London N21 1PR2
£420K04/230.79 mi29, Florence Drive, Enfield, Greater London EN2 8DG2
£347.5K02/230.8 mi13, West Bank, Enfield, Greater London EN2 8DU2
£410K09/220.8 mi27, Maplin Close, London, Greater London N21 1NB2
£365K07/230.8 mi19, Maplin Close, London, Greater London N21 1NB2
£402K04/210.83 mi3, Shooters Road, Enfield, Greater London EN2 8RN2
£419.9K03/210.84 mi9, William Covell Close, Enfield, Greater London EN2 8HP2
£363K04/210.84 mi3, William Covell Close, Enfield, Greater London EN2 8HP2

Local Rents

18 rents from £1.4K/mo to £2.1K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,70003/240.27 miThe Glade, Enfield2
£1,71203/240.38 miThe Grove, Enfield EN22
£1,85001/250.39 mi-2
£1,75003/240.43 miSlades Hill, ENFIELD2
£1,79804/240.47 miUplands Park Road, Enfield EN22
£1,75004/240.49 miMillers Green Close, ENFIELD2
£1,40009/230.49 mi-2
£1,70004/240.49 mi10-12 The Ridgeway, Enfield2
£1,65004/240.51 miThe Ridgeway, London, EN22
£1,65004/240.51 miThe Ridgeway, Enfield, EN22
£1,65004/240.51 miThe Ridgeway, Enfield, EN22
£1,67504/240.51 miThe Ridgeway, Enfield, Middlesex, EN22
£2,10010/230.52 miLindal Crescent2
£1,60005/240.53 miSydenham Avenue, London2
£1,57512/230.53 mi-2
£1,70003/240.55 miHelen Clare Court, Enfield, EN22
£1,82504/250.55 mi-2
£1,87503/250.55 mi-2

Local Area Statistics

Population in EN2

29,471

Population in Enfield

130,248

Town centre distance

0.66 miles away

Nearest school

0.20 miles away

Nearest train station

0.81 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £350,000

March 16, 2025

Listed for £365,000

February 24, 2025

Floor Plans

Description

  • 2 Bedrooms +
  • Entrance Hall +
  • Sitting Room +
  • Kitchen/Dining Room +
  • Bathroom +
  • Separate Wc +

* CHAIN FREE * Modern, spacious, ground floor apartment with two double bedrooms, large sitting room, kitchen/diner and communal outside space. Long lease and conveniently located close to good schools and Oakwood Underground station.

This spacious, ground floor apartment with two double bedrooms is located near good schools and transport links. With communal outside space and long lease in place, this well looked after apartment provides a comfortable and inviting living environment.

Featuring lots of clever storage, this property is ideal for those seeking a stylish urban lifestyle with a blend of comfort and convenience. Don't miss the opportunity to make this inviting property your new home. Contact us now to arrange a viewing and experience the charm of this modern urban oasis.

This desirable part of Enfield benefits from cricket, tennis and golf clubs, a hospital, three overground stations that can take you into central London within 30 minutes, a myriad of green spaces, lots of shops, bars, restaurants and good road links to M25 and A1M.

Vendor loves....
The apartment was everything we needed as a young family - quiet, cosy and easy to maintain home with abundance of services at your door step and easy reach to all that London has to offer.

Location is amazing for outstanding Secondary and Primary Schools, surrounded by plenty of leafy parks and greenbelt fields across the road.

As two full-time working parents, the flat and its location have provided us with the comfort and convenience to achieve effortless and happy living.

Apartment was completely redone with new
- Electric wiring that is embedded in walls, with new circuit breaker board and smart meter
- Plumbing for gas, heating, water and waste
- Kitchen and bathroom units
- Tiled, engineered hardwood and carpet flooring

Close to:

Primary Schools,
Merryhills Primary School 0.3miles
Grange Park Primary School 0.6 miles

Secondary Schools,
Highlands School 0.5 miles
Enfield Grammar 1.2 miles

Amenities withing walking distance,
Enfeild Chase Railway Station 0.9 miles
Oakwood Underground Station 1.2 miles
Local supermarket 0.8mile
Shops, bars & restaurants of Enfield Town 0.9 miles

Agent Details

Atkinsons Residential, Enfield - Sales

020 8366 0261

Next Steps?

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