4 Bed Terraced House, Planning Permission, Enfield, EN3 5ND, £730,000

Ian Square, Enfield, Middlesex, EN3 5ND - 2 months ago

Planning
~129 m²
+22 photos

ValuationOvervalued

Sold Prices£240K - £650K
Sold Prices/m²£2.8K/m² - £6.7K/m²

 

 

Square Metres

~129.26 m²
Price/m²£5.6K/m²

Value Estimate

£549,504

 

 

End Value (After Refurb)

£676,346

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£182,500

Stamp Duty & Legal Fees

£47,100

Refurb Costs

£68,381

Bridging Loan Interest

£19,163

Total Cash In

£318,894

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£676,346

Mortgage (After Refinance)

£507,259

Mortgage LTV

75%

Cash Left In

£318,894

Equity

£169,086

Rent Range

£1,700 - £3,300

Rent Estimate

£2,419

Running Costs/mo

£2,617

Cashflow/mo

£-198

Cashflow/yr

£-2,381

Gross Yield

4%

Local Sold Prices

29 sold prices from £240K to £650K, average is £485K. £2.8K/m² to £6.7K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£610K09/210.08 mi176, Carterhatch Road, Enfield, Greater London EN3 5LY4
£485K04/210.11 mi111, Carterhatch Road, Enfield, Greater London EN3 5LX4
£500K12/200.15 mi171, Carterhatch Road, Enfield, Greater London EN3 5EB4
£430K03/210.19 mi61, Westmoor Road, Enfield, Greater London EN3 7LF4
£490K12/200.27 mi150, Greenwood Avenue, Enfield, Greater London EN3 5FE4
£492.5K12/200.28 mi25, Swan Way, Enfield, Greater London EN3 7HY4
£473K01/210.32 mi3, Grove Gardens, Enfield, Greater London EN3 5PG4
£420K03/230.38 mi248, Green Street, Enfield, Greater London EN3 7NB4
£525K04/230.46 mi16, Goldsdown Close, Enfield, Greater London EN3 7RR4
£530K06/230.47 mi11, Goldsdown Road, Enfield, Greater London EN3 7QY4
£650K07/220.47 mi16, Hunts Mead, Enfield, Greater London EN3 7LX4
£485K01/210.47 mi7, Huntsmead, Enfield, Greater London EN3 7LX4
£507.5K10/220.49 mi39, Ambleside Crescent, Enfield, Greater London EN3 7LY4
£515K04/210.61 mi17, Monroe Crescent, Enfield, Greater London EN1 4HT4
£550K01/210.63 mi51, Hammond Road, Enfield, Greater London EN1 3PD4
£407.1K05/210.66 mi43, Titchfield Road, Enfield, Greater London EN3 6AZ4
£423.5K08/210.69 mi37, Chesterfield Road, Enfield, Greater London EN3 6BE4
£465K06/220.7 mi29, Chesterfield Road, Enfield, Greater London EN3 6BE4
£465K05/210.73 mi23, Brookfields, Enfield, Greater London EN3 7EG4
£450K11/210.77 mi914, Great Cambridge Road, Enfield, Greater London EN1 4JS4
£480K08/210.79 mi62, Broadlands Avenue, Enfield, Greater London EN3 5AQ4
£240K06/210.81 mi961, Great Cambridge Road, Enfield, Greater London EN1 4BZ4
£465K12/200.83 mi12, Linden Avenue, Enfield, Greater London EN1 4DR4
£600K03/210.83 mi2, Meadway, Enfield, Greater London EN3 6NU4
£535K01/230.85 mi83, Linden Gardens, Enfield, Greater London EN1 4DU4
£475K04/210.87 mi54, Meadway, Enfield, Greater London EN3 6NX4
£600K07/230.97 mi109, Worcesters Avenue, Enfield, Greater London EN1 4ND4
£360K12/200.98 mi17, Park Road, Enfield, Greater London EN3 6SP4
£520K04/211 mi44, Park Road, Enfield, Greater London EN3 6SS4

Local Rents

50 rents from £1.7K/mo to £3.3K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£1,70003/240.03 mi-3
£2,30004/250.03 mi-4
£2,30002/250.08 mi-3
£2,30004/250.08 mi-3
£2,25004/240.11 miCarterhatch Road3
£2,50004/250.11 mi-4
£1,85003/240.12 miThe Sunny Road, Enfield Highway, EN33
£1,95003/240.14 miWestmoor Gardens, Enfield3
£2,10004/240.15 mi-3
£2,60012/240.16 mi-4
£3,00003/250.17 mi-5
£1,80004/240.17 miBowood Road, EN33
£2,50005/240.18 mi-4
£2,50005/240.18 mi-4
£2,50004/240.18 miAlbany Park Avenue, Enfield, EN3N/A
£2,50004/240.18 miAlbany Park Avenue, Enfield, EN34
£2,50005/240.18 miAlbany Park Avenue, Enfield, EN34
£2,37504/240.19 miCarterhatch Road, Enfield, Greater London, EN3 5EA3
£2,60003/250.19 mi-3
£2,40004/250.19 mi-3
£2,80002/250.19 mi-4
£2,60002/250.19 mi-4
£2,80004/250.19 mi-4
£3,30004/240.19 mi-4
£3,30004/240.19 miStainton Road, Enfield, EN34
£2,50004/240.19 miCedar Avenue, Enfield, EN34
£2,39501/250.2 mi-4
£2,40002/250.22 mi-3
£2,10003/240.23 miElmore Road,3
£2,60004/240.24 mi-4
£2,40004/240.24 miFouracres, Enfield, EN34
£2,60004/240.25 miElmore Road, Enfield, Middlesex, EN34
£2,25003/240.29 miAshford Crescent, Enfield, EN34
£2,60004/240.31 mi-4
£2,35003/250.33 mi-4
£2,30004/250.33 mi-3
£1,75004/240.38 mi-3
£1,80012/240.38 mi-3
£1,90011/240.39 mi-3
£3,00001/250.4 mi-4
£1,90003/240.4 mi-3
£2,50004/250.4 mi-3
£1,90003/240.41 miBrimsdown Avenue, Enfield3
£2,60004/250.41 mi-4
£3,00004/240.41 miAshley Road, Enfield5
£1,99503/250.42 mi-3
£2,15004/250.42 mi-3
£1,99504/250.42 mi-3
£2,49501/250.46 mi-4
£2,50012/240.46 mi-4

Local Area Statistics

Population in EN3

55,687

Population in Enfield

130,248

Town centre distance

2.62 miles away

Nearest school

0.30 miles away

Nearest train station

0.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £730,000

February 25, 2025

Floor Plans

Description

  • 23ft Reception Room +
  • 12ft Extra Sitting Room +
  • 21ft Modern Fitted Kitchen/Diner +
  • 9ft Utility Room & Ground Floor WC +
  • Four Bedrooms +
  • Master Bedroom has a Large Walk-in-Wardrobe +
  • Two Bathroom Suites +
  • Double Glazing & Gas Central Heating +
  • Driveway for Off-Street Parking for Multiple Vehicles +
  • Side and Rear Garden +

EQUITY ESTATE AGENTS are pleased to offer this DOUBLE-FRONTED Four-Bedroom END OF TERRACE Family Home located in a popular turning off Addison Road. The property is approx. 0.7 miles of Brimsdown Train Station which provides Good Links to LIVERPOOL STREET and walking distance to Local Shops and Amenities on Hertford Road.

Benefits include TWO RECEPTION ROOMS, MODERN KITCHEN, UTILITY ROOM, GROUND FLOOR SHOWER ROOM, FIRST FLOOR BATHROOM, WALK-IN WARDROBE to master bedroom, REAR and SIDE GARDEN, OUTHOUSE with PIZZA OVEN and OFF STREET PARKING. The property has planning permission approved for a single storey extension to side. Council Tax Band D

Agent Details

Equity Estate Agents, Enfield

020 3908 8521

Next Steps?

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