4 Bed Detached House, Single Let, Enfield, EN3 6XX, £485,000

Carnegie Close, Enfield, EN3 6XX - 1 views - 2 months ago

Under Offer

BTL

ROI: 1%

~129 m²

+19 photos

ValuationUndervalued

Sold Prices	£360K - £1.4M
Sold Prices/m²	£3.1K/m² - £6.6K/m²

Square Metres	~129.26 m²
Price/m²	£3.8K/m²
Value Estimate	£534,857£534,857
BMV	10%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£121,250£121,250
Stamp Duty & Legal Fees	£27,500£27,500
Total Cash In	£148,750£148,750

Cash Out
Rent Range	£2,000 - £3,500£2,000 - £3,500
Rent Estimate	£2,125
Running Costs/mo	£1,961£1,961
Cashflow/mo	£164£164
Cashflow/yr	£1,973£1,973
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

21 sold prices from £360K to £1.4M, average is £520K. £3.1K/m² to £6.6K/m², average is £4.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£515K	01/21	0.01 mi	12, Carnegie Close, Enfield, Greater London EN3 6XX	£4,813	107	4	Detached House
£400K	05/23	0.12 mi	24, Punchard Crescent, Enfield, Greater London EN3 6FZ	£3,125	128	4	Terraced House
£631K	11/21	0.29 mi	55, Government Row, Enfield, Greater London EN3 6JN	-	-	4	Detached House
£631K	11/21	0.3 mi	55, Government Row, Enfield, Greater London EN3 6JN	-	-	4	Detached House
£520K	03/21	0.45 mi	8, Butlers Drive, London, Essex E4 7RL	£6,265	83	4	Semi-Detached House
£950K	03/21	0.57 mi	Oaklands, Sewardstone Road, London, Essex E4 7RG	£4,502	211	4	Detached House
£620K	05/21	0.71 mi	18, Deer Park Way, Waltham Abbey, Essex EN9 3YL	-	-	4	Detached House
£425K	06/21	0.71 mi	6, Deer Park Way, Waltham Abbey, Essex EN9 3YL	£5,313	80	4	Semi-Detached House
£865K	05/22	0.74 mi	3, Heather Gardens, Waltham Abbey, Essex EN9 3YF	-	-	4	Detached House
£650K	05/22	0.81 mi	15, Greenwich Way, Waltham Abbey, Essex EN9 3YA	£4,643	140	4	Detached House
£536.8K	11/20	0.85 mi	13, Hayden Road, Waltham Abbey, Essex EN9 3YT	£3,918	137	4	Detached House
£515K	08/22	0.86 mi	60, Greenwich Way, Waltham Abbey, Essex EN9 3YS	£4,023	128	4	Detached House
£423.5K	08/21	0.87 mi	37, Chesterfield Road, Enfield, Greater London EN3 6BE	-	-	4	Terraced House
£465K	06/22	0.87 mi	29, Chesterfield Road, Enfield, Greater London EN3 6BE	-	-	4	Semi-Detached House
£1.4M	10/21	0.95 mi	Willowtree Lodge, Mill Lane, London, Essex E4 7RB	£6,635	211	4	Detached House
£407.1K	05/21	0.96 mi	43, Titchfield Road, Enfield, Greater London EN3 6AZ	£3,309	123	4	Terraced House
£1.4M	10/21	0.96 mi	Willowtree Lodge, Mill Lane, London, Essex E4 7RB	£6,635	211	4	Detached House
£360K	12/20	0.96 mi	17, Park Road, Enfield, Greater London EN3 6SP	£4,138	87	4	Terraced House
£445K	03/21	0.97 mi	65, Chestnut Road, Enfield, Greater London EN3 6SY	-	-	4	Terraced House
£520K	04/21	0.97 mi	44, Park Road, Enfield, Greater London EN3 6SS	£3,399	153	4	Semi-Detached House
£490K	12/20	1 mi	150, Greenwood Avenue, Enfield, Greater London EN3 5FE	£4,050	121	4	Terraced House

Local Rents

14 rents from £2K/mo to £3.5K/mo, average is £2.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,300	05/24	0.2 mi	-	3	Terraced House
£2,395	03/25	0.2 mi	-	3	Terraced House
£2,300	04/24	0.2 mi	Harston Drive, Enfield, EN3	3	Terraced House
£2,000	12/24	0.28 mi	-	3	Terraced House
£3,500	04/25	0.29 mi	-	5	Detached House
£3,500	03/25	0.29 mi	-	5	Terraced House
£2,200	01/25	0.3 mi	-	3	Terraced House
£2,915	12/24	0.32 mi	-	4	Terraced House
£2,895	02/25	0.32 mi	-	4	Terraced House
£2,100	12/24	0.4 mi	-	3	Terraced House
£2,385	04/24	0.58 mi	-	3	Terraced House
£2,385	04/24	0.58 mi	Ordnance Road, Enfield, EN3	3	Terraced House
£2,200	05/24	0.6 mi	-	3	Terraced House
£2,200	05/24	0.6 mi	Soham Road, Enfield, EN3	3	Terraced House

Local Area Statistics

Population in EN3	55,68755,687
Population in Enfield	130,248130,248
Town centre distance	3.87 miles away3.87 miles away
Nearest school	0.50 miles away0.50 miles away
Nearest train station	0.74 miles away0.74 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+5%+5%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+20%+20%

Property History

Listed for £485,000

February 26, 2025

Floor Plans

Description

4 Bedrooms +
Living room +
Kitchen +
Dining area +
1st floor family bathroom +
Ensuite shower room to main bedroom +
Ground floor wc +
Integral garage +
Rear garden +
Chain free sale +

A four bedroom detached house located on a quiet residential road on the popular Enfield Island Village within approx 1m of Enfield Lock Train Station (Serving London Liverpool Street) and close to local schools. The property is offered for sale on a chain free basis and requires some general cosmetic work. Viewing is recommended. Features include living room, dining area, kitchen, 1st floor family bathroom, ensuite shower room to main bedroom, 4 bedrooms, integral garage, rear garden, ground floor wc and is chain free sale.

Agent Note : we understand a service charge may be applicable around £300 Per Annum

Agent Details

Castles Estate Agents, Enfield

020 3835 6089

Next Steps?

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

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