2 Bed Flat, Single Let, Enfield, EN2 8LR, £340,000

Avalon Close, Enfield, EN2 8LR - 1 views - 2 months ago

Leasehold
BTL
ROI: 1%
~54 m²
+10 photos

ValuationOvervalued

Sold Prices£241K - £520K
Sold Prices/m²£3.9K/m² - £6.7K/m²

 

 

Square Metres

~54 m²
Price/m²£6.3K/m²

Value Estimate

£305,660

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£85,000

Stamp Duty & Legal Fees

£22,700

Total Cash In

£107,700

 

 

Cash Out

 

Rent Range

£1,400 - £2,695

Rent Estimate

£1,413

Running Costs/mo

£1,365

Cashflow/mo

£48

Cashflow/yr

£575

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £241K to £520K, average is £326.5K. £3.9K/m² to £6.7K/m², average is £5.7K/m².

PriceDateDistanceAddressBeds 
£310K12/220.09 mi1, Woodridge Close, Enfield, Greater London EN2 8HJ2
£315K03/210.1 mi6, Woodridge Close, Enfield, Greater London EN2 8HJ2
£316K01/230.1 mi2, Woodridge Close, Enfield, Greater London EN2 8HJ2
£315K03/210.1 mi6, Woodridge Close, Enfield, Greater London EN2 8HJ2
£315K03/230.12 mi52, John Gooch Drive, Enfield, Greater London EN2 8HG2
£300K01/210.12 mi60, John Gooch Drive, Enfield, Greater London EN2 8HG2
£250K03/210.13 miFlat 16, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£260K08/210.13 miFlat 50, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£280K01/230.13 miFlat 85, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£290K08/210.15 miFlat 73, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£360K10/220.17 mi58, Crofton Way, Enfield, Greater London EN2 8HS2
£338K11/220.17 mi64, Crofton Way, Enfield, Greater London EN2 8HS2
£317.5K03/230.18 mi73, Crofton Way, Enfield, Greater London EN2 8HR2
£395K06/210.19 mi9, Mcadam Drive, Enfield, Greater London EN2 8PS2
£320K04/210.25 mi9, Canford Close, Enfield, Greater London EN2 8QN2
£402K04/210.25 mi3, Shooters Road, Enfield, Greater London EN2 8RN2
£325K03/210.27 mi91, Chase Green Avenue, Enfield, Greater London EN2 8EN2
£395K12/200.3 mi22, Chase Ridings, Enfield, Greater London EN2 7QF2
£365K06/230.3 mi31, Chase Ridings, Enfield, Greater London EN2 7QF2
£360K06/230.32 mi10, Englefield Close, Enfield, Greater London EN2 7QD2
£412.5K07/230.33 mi11, Hermitage Close, Enfield, Greater London EN2 8EL2
£320K01/210.34 mi27a, The Ridgeway, Enfield, Greater London EN2 8PB2
£303K10/210.36 mi129, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£320K11/220.37 mi115, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£315K08/210.37 mi107, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£297K06/210.37 mi4, Kirkland Drive, Enfield, Greater London EN2 0RT2
£297.5K02/210.37 mi123, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£328K12/200.37 mi155, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£367K05/230.39 mi27, Monks Close, Enfield, Greater London EN2 8DZ2
£364K09/210.43 mi27b, Chase Green Avenue, Enfield, Greater London EN2 8EA2
£322K04/210.47 mi96a, Gordon Hill, Enfield, Greater London EN2 0QS2
£241K11/220.48 mi38, Blossom Lane, Enfield, Greater London EN2 0TQ2
£419.9K03/210.49 mi9, William Covell Close, Enfield, Greater London EN2 8HP2
£363K04/210.49 mi3, William Covell Close, Enfield, Greater London EN2 8HP2
£360K04/210.5 mi5d, Glebe Avenue, Enfield, Greater London EN2 8NZ2
£347.5K02/230.51 mi13, West Bank, Enfield, Greater London EN2 8DU2
£420K04/230.55 mi29, Florence Drive, Enfield, Greater London EN2 8DG2
£345K11/200.55 mi4, Millers Green Close, Enfield, Greater London EN2 7BD2
£365K11/210.56 miFlat 24, Kingfisher Court, Mount View, Enfield, Greater London EN2 8LF2
£322.5K03/210.57 mi2, Roundhedge Way, Enfield, Greater London EN2 8LD2
£341K06/210.57 mi49, Roundhedge Way, Enfield, Greater London EN2 8LD2
£370K11/220.58 mi18, Lavender Hill, Enfield, Greater London EN2 0RE2
£357K08/210.58 mi22, Lavender Hill, Enfield, Greater London EN2 0RE2
£257K01/230.58 mi67b, Windmill Hill, Enfield, Greater London EN2 7AF2
£520K05/210.6 mi75a, Chase Side, Enfield, Greater London EN2 6NL2
£280K03/210.62 mi30, Wetherby Road, Enfield, Greater London EN2 0NS2
£350K04/210.66 miFlat 12, John Keats Lodge, Chase Side Crescent, Enfield, Greater London EN2 0JZ2
£345K09/210.66 miFlat 32, Whitakers Lodge, Gater Drive, Enfield, Greater London EN2 0JP2
£315K10/200.67 mi17b, Links Side, Enfield, Greater London EN2 7QT2
£340K11/220.67 mi19, Links Side, Enfield, Greater London EN2 7QT2

Local Rents

50 rents from £1.4K/mo to £2.7K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,40009/230.11 mi-2
£2,50004/240.11 miBergamot House, Rowantree Road, Enfield2
£2,50004/240.11 miBergamot House, Rowantree Road, Enfield2
£2,69503/240.11 miBergamot House, Enfield2
£2,69503/240.12 miBergamot House, 52 Rowantree Road, Enfield, EN22
£2,69503/240.12 miBergamot House, 52 Rowantree Road, Enfield, EN22
£1,40003/240.14 miChasewood Avenue, Enfield, EN22
£1,79804/240.17 miUplands Park Road, Enfield EN22
£1,75004/240.18 miLavender Hill, Enfield, EN22
£1,70004/240.18 mi-2
£1,75006/240.18 mi-2
£1,65004/240.19 miThe Ridgeway, Enfield, EN22
£1,65004/240.19 miThe Ridgeway, Enfield, EN22
£1,85001/250.2 mi-2
£1,71203/240.22 miThe Grove, Enfield EN22
£1,80006/240.25 mi-2
£1,65004/240.3 miThe Ridgeway, London, EN22
£1,80004/240.31 miBycullah Road, Enfield, EN22
£1,74503/240.32 miMonks Road, Winchmore Hill2
£2,00004/240.32 miMonks Road, Enfield, EN22
£1,75003/240.32 miMonks Road, EN22
£2,09703/240.33 miMonks Road, Enfield, EN22
£1,85002/250.33 mi-2
£1,70003/240.35 miThe Glade, Enfield2
£1,85003/250.37 mi-2
£1,40004/240.37 miKirkland Drive2
£1,70005/240.37 miKirkland Drive, ENFIELD2
£1,70005/240.38 miKirkland Drive, Enfield2
£1,75005/240.38 mi-2
£1,75005/240.38 miKirkland Drive, Enfield, EN22
£1,65002/240.39 mi-2
£1,85003/240.39 miChesham Court, Gordon Hill, Enfield2
£1,55002/240.4 mi-2
£1,70004/240.41 mi10-12 The Ridgeway, Enfield2
£1,75003/240.42 miSlades Hill, ENFIELD2
£1,67504/240.43 miThe Ridgeway, Enfield, Middlesex, EN22
£1,85004/250.45 mi-2
£1,55004/240.47 miTrinity Street, Enfield, Middlesex, EN22
£1,80004/240.5 miBycullah Road, ENFIELD2
£1,79504/240.5 miBycullah Court, Enfield2
£2,55003/240.5 mi-2
£2,55003/240.5 miHadley Road, Enfield, EN22
£1,70001/250.5 mi-2
£1,55004/240.51 miGordon Hill, Enfield, Middlesex, EN22
£1,65004/240.52 miBycullah Road, ENFIELD2
£1,85002/240.52 mi-2
£1,85003/240.52 miFlorence Drive, Enfield, EN22
£1,70003/240.54 miHelen Clare Court, Enfield, EN22
£1,42503/240.55 mi-2
£1,75004/240.55 miMillers Green Close, ENFIELD2

Local Area Statistics

Population in EN2

29,471

Population in Enfield

130,248

Town centre distance

0.86 miles away

Nearest school

0.30 miles away

Nearest train station

0.31 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £340,000

March 28, 2025

Listed for £350,000

February 28, 2025

Floor Plans

Description

  • Well Presented Two Bedroom Apartment +
  • Modern Fitted Kitchen +
  • Set On The Second Floor +
  • Chain Free +
  • Reident Parking +
  • Close To Local Amenities And Transport Links +

The Property
Bright & Spacious Two-Bedroom Apartment – Chain Free

Now available for viewing, this well-presented and naturally bright two-bedroom apartment is located on the second floor of a well-maintained building. Offered chain-free, this home is ideal for first-time buyers, professionals, or investors.

The apartment boasts a large and airy master bedroom alongside a well-proportioned second bedroom, both filled with plenty of natural light. The modern fitted kitchen is separate, featuring sleek cabinetry and ample workspace. A standout feature of this property is the spacious and sunlit reception room, illuminated by three large windows, making it the perfect space for entertaining or relaxing. The apartment also benefits from resident parking for flat owners.

The home includes a bright and contemporary family bathroom, laminated flooring throughout, and soft carpeting in both bedrooms for added comfort. Its fantastic location offers excellent transport links and easy access to local amenities, making everyday life convenient and stress-free.

Don't miss the chance to make this bright and inviting apartment your new home—schedule a viewing today!

Location
Avalon Close is ideally situated on The Ridgeway, providing easy access to the shopping and leisure amenities of Chase Side and Enfield Town. Residents can enjoy a fantastic selection of shops, restaurants, cafés, and recreational facilities, all just a short distance away.

For commuters, the property is exceptionally well-connected, with Gordon Hill and Enfield Chase stations offering regular services to London’s Moorgate and King’s Cross Stations, ensuring a swift and convenient journey into the city. Additionally, the location provides excellent access to the M25, London’s orbital motorway, making travel across the capital and beyond effortless.

Families will appreciate the proximity to highly regarded schools, including Enfield Grammar School, St. Michael’s Primary School, and Highlands School.

Property ownership information

Ground rent review period: Every 10 years

Service charge review period: Every 1 year

Lease end date: 25/03/2122

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Enfield

020 3907 9880

Next Steps?

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