2 Bed Flat, Refurb/BRRR, Enfield, EN3 6WX, £230,000

Sten Close, Enfield, EN3 6WX - 3 views - a month ago

Leasehold

Refurb/BRRR

ROI: 3%

~68 m²

+4 photos

ValuationFair Value

Sold Prices	£193.7K - £307K
Sold Prices/m²	£3.9K/m² - £5.7K/m²

Square Metres	~68.11 m²
Price/m²	£3.4K/m²
Value Estimate	£232,300£232,300

End Value (After Refurb)	£327,512£327,512
Uplift in Value	+42%+42%

Investment Opportunity

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Local Sold Prices

22 sold prices from £193.7K to £307K, average is £250K. £3.9K/m² to £5.7K/m², average is £4.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£220K	01/23	0.09 mi	36, Fisher Close, Enfield, Greater London EN3 6WQ	£4,583	48	2	Flat
£293K	11/22	0.14 mi	5, Aldis Mews, Enfield, Greater London EN3 6YE	£5,327	55	2	Flat
£262K	03/23	0.14 mi	10, Colt Mews, Enfield, Greater London EN3 6YH	£5,347	49	2	Flat
£285K	07/23	0.14 mi	9, Harston Drive, Enfield, Greater London EN3 6GG	£4,071	70	2	Flat
£193.7K	11/20	0.15 mi	3, Polsten Mews, Enfield, Greater London EN3 6YF	£5,098	38	2	Flat
£245K	10/21	0.18 mi	34, Shepley Mews, Enfield, Greater London EN3 6JP	£4,949	50	2	Flat
£235K	02/23	0.42 mi	64, Bridle Close, Enfield, Greater London EN3 6EB	£3,917	60	2	Flat
£227.5K	12/20	0.43 mi	60, Bridle Close, Enfield, Greater London EN3 6EB	£4,740	48	2	Flat
£270K	02/21	0.43 mi	65, Bridle Close, Enfield, Greater London EN3 6EB	£3,857	70	2	Flat
£226K	02/21	0.46 mi	30, Bridle Close, Enfield, Greater London EN3 6EA	£4,809	47	2	Flat
£285K	08/23	0.46 mi	20, Bridle Close, Enfield, Greater London EN3 6EA	£4,524	63	2	Flat
£236K	03/21	0.46 mi	21, Bridle Close, Enfield, Greater London EN3 6EA	£4,000	59	2	Flat
£234.5K	03/21	0.47 mi	42, Bridle Close, Enfield, Greater London EN3 6EA	£5,453	43	2	Flat
£234.5K	03/21	0.47 mi	42, Bridle Close, Enfield, Greater London EN3 6EA	£5,453	43	2	Flat
£285K	01/21	0.73 mi	167, Ordnance Road, Enfield, Greater London EN3 6AD	£5,700	50	2	Flat
£285K	10/20	0.74 mi	2, Greenwich Way, Waltham Abbey, Essex EN9 3YB	£5,588	51	2	Flat
£250K	03/23	0.77 mi	126b, Ordnance Road, Enfield, Greater London EN3 6BU	£5,000	50	2	Flat
£250K	12/22	0.77 mi	120b, Ordnance Road, Enfield, Greater London EN3 6BU	£4,950	51	2	Flat
£300K	04/23	0.88 mi	40a, Allandale Road, Enfield, Greater London EN3 6SB	-	-	2	Flat
£307K	08/22	0.92 mi	11, Burrows Chase, Waltham Abbey, Essex EN9 3YX	£4,776	64	2	Flat
£307K	10/22	0.92 mi	22, Burrows Chase, Waltham Abbey, Essex EN9 3YX	£5,369	57	2	Flat
£242.5K	04/23	0.98 mi	2c, Putney Road, Enfield, Greater London EN3 6NJ	£4,254	57	2	Flat

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Local Area Statistics

Population in EN3	55,68755,687
Population in Enfield	130,248130,248
Town centre distance	3.80 miles away3.80 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	0.57 miles away0.57 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 £230,000

March 11, 2025

Floor Plans

Description

Located on Enfield Island Village +
Proximity to Enfield Lock Train Station +
Bus Links & Walking Distance to Local Shops +
17ft Lounge/Diner +
9ft Fitted Kitchen +
8ft Bathroom Suite +
Two Double Bedrooms +
Double Glazing & Electric Heating +
164 Year Lease Remaining +
Communal Parking & Communal Gardens +

CURRENTLY TENANTED & OFFERED CHAIN FREE EQUITY ESTATE AGENTS are pleased to offer this Two-Bedroom SECOND FLOOR Apartment located in ENFIELD ISLAND VILLAGE. Enfield Island Village has an On-site TESCOS, GYM, LIBRARY, and KID'S PLAYGROUND. The property is within walking distance to ENFIELD LOCK Train Station which has good links into LONDON.

Benefits include a security Entryphone system, entrance hallway with storage cupboard and housing tank, two bedrooms, 17ft lounge/diner, bathroom, kitchen, double glazing, electric heating, communal grounds with free resident parking, long lease of 164 years remaining, and in need of some refurbishment.

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 💪

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