2 Bed Terraced House, Planning Permission, Enfield, EN3 5DY, £359,950

The Brightside, Enfield, EN3 5DY - 2 months ago

Sold STC
Planning
ROI: 1%
~68 m²
+12 photos

ValuationUndervalued

Sold Prices£170K - £450K
Sold Prices/m²£3.4K/m² - £8.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.3K/m²

Value Estimate

£382,427
BMV6%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£89,988

Stamp Duty & Legal Fees

£24,695

Total Cash In

£114,683

 

 

Cash Out

 

Rent Range

£1,400 - £4,000

Rent Estimate

£1,500

Running Costs/mo

£1,445

Cashflow/mo

£55

Cashflow/yr

£662

ROI

1%

Gross Yield

5%

Local Sold Prices

31 sold prices from £170K to £450K, average is £370K. £3.4K/m² to £8.1K/m², average is £5.6K/m².

PriceDateDistanceAddressBeds 
£352K03/230.05 mi124, The Sunny Road, Enfield, Greater London EN3 5EQ2
£377.2K09/210.06 mi85, Greenwood Avenue, Enfield, Greater London EN3 5DX2
£380K06/230.11 mi60, Greenwood Avenue, Enfield, Greater London EN3 5DU2
£370K11/210.11 mi58, Greenwood Avenue, Enfield, Greater London EN3 5DU2
£350K11/220.12 mi37, The Sunny Road, Enfield, Greater London EN3 5EF2
£450K05/210.45 mi2a, Westmoor Road, Enfield, Greater London EN3 7LE2
£360K05/210.47 mi46, Goldsdown Road, Enfield, Greater London EN3 7QZ2
£313K11/200.47 mi95, Bradley Road, Enfield, Greater London EN3 6ET2
£315K11/200.47 mi87, Bradley Road, Enfield, Greater London EN3 6ET2
£170K03/210.49 mi9, Saville Row, Enfield, Greater London EN3 7LD2
£390K04/230.49 mi23a, Ashford Crescent, Enfield, Greater London EN3 7HU2
£375K07/210.49 mi114, Roedean Avenue, Enfield, Greater London EN3 5QN2
£380K04/230.5 mi71, Catisfield Road, Enfield, Greater London EN3 6BB2
£346K06/210.51 mi3, Titchfield Road, Enfield, Greater London EN3 6AZ2
£393.5K07/230.59 mi63, Burncroft Avenue, Enfield, Greater London EN3 7JQ2
£311K05/210.63 mi29a, The Loning, Enfield, Greater London EN3 5RG2
£360K05/210.67 mi30, Manly Dixon Drive, Enfield, Greater London EN3 6BQ2
£340K03/210.69 mi83, Totteridge Road, Enfield, Greater London EN3 6NG2
£382K06/210.74 mi82, Stoneleigh Avenue, Enfield, Greater London EN1 4HG2
£370K02/230.76 mi91, Winnington Road, Enfield, Greater London EN3 5RL2
£360K11/210.76 mi68, Medcalf Road, Enfield, Greater London EN3 6HL2
£370K12/200.76 mi21, Turkey Street, Enfield, Greater London EN3 5TT2
£445K06/230.77 mi121, Pembroke Avenue, Enfield, Greater London EN1 4EZ2
£425K05/230.79 mi20, Putney Road, Enfield, Greater London EN3 6NN2
£400K01/210.79 mi20, Putney Road, Enfield, Greater London EN3 6NN2
£340K05/230.81 mi68, Turkey Street, Enfield, Greater London EN3 5TN2
£372K06/210.82 mi47, Allandale Road, Enfield, Greater London EN3 6SA2
£395K04/230.85 mi443, South Ordnance Road, Enfield, Greater London EN3 6HR2
£330K06/230.89 mi66, Central Avenue, Enfield, Greater London EN1 3QF2
£420K10/220.91 mi88, Turkey Street, Enfield, Greater London EN1 4PT2
£430K11/220.91 mi5, Chestnut Road, Enfield, Greater London EN3 6SX2

Local Rents

49 rents from £1.4K/mo to £4K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£2,10012/240.05 mi-2
£1,70001/250.05 mi-2
£1,90001/250.05 mi-2
£1,70002/250.05 mi-2
£1,70003/250.05 mi-2
£1,80003/250.05 mi-2
£1,50003/250.05 mi-2
£1,50003/250.05 mi-2
£1,80002/250.05 mi-2
£1,60002/250.05 mi-2
£1,70003/240.05 miThe Sunny Road, Enfield, EN32
£2,75011/240.06 mi-2
£1,90001/250.06 mi-2
£1,60004/240.11 miAddison Road, Enfield, EN32
£2,00012/240.17 mi-2
£1,75011/240.18 mi-2
£1,90002/250.32 mi-2
£1,65004/240.33 miBowood Road, Enfield, EN32
£1,60003/240.34 miStainton Road, Enfield, EN32
£1,60004/250.36 mi-2
£4,00005/240.37 mi-2
£1,65005/240.37 mi-2
£1,65004/250.37 mi-2
£1,70005/240.38 mi-2
£1,40004/240.41 mi-2
£1,40004/240.41 mi463-465 Hertford Road, Enfield, Greater London, EN32
£1,65003/250.41 mi-2
£1,95004/240.44 mi-2
£1,95003/240.44 mi-2
£1,85011/240.44 mi-2
£1,60003/240.45 miHoecroft Court, Hoe Lane, Enfield2
£1,60004/240.45 miHertford Road, Enfield2
£1,60004/240.47 miBeaconsfield Road, Enfield2
£1,65003/240.48 miGlenloch Road, Enfield, Middlesex, EN32
£2,00003/250.49 mi-2
£1,90004/240.5 miHoe Lane, Enfield, London, EN32
£1,80005/240.5 mi-2
£1,60004/240.54 miGreen Street2
£1,80005/240.54 mi-2
£1,85012/240.54 mi-2
£1,75004/250.55 mi-2
£1,70002/250.55 mi-2
£1,70004/240.59 miAmethyst Court, Enstone Road, Enfield2
£1,50004/240.6 miSherbourne Avenue, Enfield2
£1,50005/240.6 miSherbourne Avenue, Enfield2
£1,60005/240.61 mi-2
£1,60005/240.61 mi-2
£1,70002/250.61 mi-2
£1,60005/240.61 miAnemone Court, Enfield, EN32

Local Area Statistics

Population in EN3

55,687

Population in Enfield

130,248

Town centre distance

2.84 miles away

Nearest school

0.10 miles away

Nearest train station

0.54 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £359,950

March 10, 2025

Floor Plans

Description

  • Two Bedroom Terraced House +
  • Freehold Tenure +
  • Off Street Parking via Private Driveway +
  • Outbuilding in the Rear of Garden +
  • Gas Central Heating and Double Glazed Windows +
  • Close Proximity to Enfield Lock & Brimsdown Stations +
  • Potential Rental Income of £1800 PCM +
  • Modern Interior Throughout +
  • Newly Fitted Bathroom & Kitchen +
  • Potential to Extend Subject to Planning Permission +

OPEN DAY SATURDAY 15 MARCH
Kings Group offer nestled in the charming area of The Brightside, Enfield, this delightful mid-terrace house offers a perfect blend of modern comfort and classic character. Built in 1900, this two-bedroom property spans approximately 700 square feet and has been thoughtfully updated to meet contemporary living standards.

Upon entering, you will find a welcoming reception room that leads seamlessly into a newly fitted kitchen, designed to cater to all your culinary needs. The property boasts a stylish new bathroom, ensuring convenience and comfort for you and your guests. The two well-proportioned bedrooms provide ample space for relaxation and rest.

One of the standout features of this home is the private garden, which not only offers a tranquil outdoor space but also includes an outbuilding, perfect for storage or as a workshop. Additionally, the property benefits from off-street parking via a driveway, a rare find in urban settings.

With modern double-glazed UPVC windows and gas central heating, this home is energy-efficient, achieving an EPC rating of band C. The property is ready for you to move in and make it your own, with the potential for rental income of approximately £1,800 per calendar month, making it an attractive investment opportunity.

BUYERS INFORMATION
To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers. There is a nominal charge of £50 plus VAT for this (for the transaction not per person), payable direct to Lifetime Legal. Please note, we are unable to issue a memorandum of sale until the checks are complete.

Freehold
Low flood risk
Standard construction
Council Band C
EPC Band C

Agent Details

Kings Group, Enfield Highway

020 3879 5588

Next Steps?

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