3 Bed Semi-Detached House, Refurb/BRRR, Enfield, EN1 3AS, £580,000

5 Greencroft Gardens, Enfield, EN1 3AS - 2 views - 9 days ago

Refurb/BRRR
Planning
134 m²
+8 photos

ValuationFair Value

Sold Prices£435K - £770K
Sold Prices/m²£4.3K/m² - £16.7K/m²

 

 

Square Metres

134 m²
Price/m²£4.3K/m²

Value Estimate

£591,600

 

 

End Value (After Refurb)

£729,556

Uplift in Value

+26%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£145,000

Stamp Duty & Legal Fees

£46,700

Refurb Costs

£70,890

Bridging Loan Interest

£15,225

Total Cash In

£279,565

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£729,556

Mortgage (After Refinance)

£547,167

Mortgage LTV

75%

Cash Released

£112,167

Cash Left In

£167,399

Equity

£182,389

Rent Range

£1,650 - £2,700

Rent Estimate

£2,207

Running Costs/mo

£2,741

Cashflow/mo

£-534

Cashflow/yr

£-6,411

Gross Yield

5%

Local Sold Prices

50 sold prices from £435K to £770K, average is £568.8K. £4.3K/m² to £16.7K/m², average is £5.8K/m².

PriceDateDistanceAddressBeds 
£560K07/230.03 mi11, The Vineries, Enfield, Greater London EN1 3DQ3
£570K11/220.07 mi267, Willow Road, Enfield, Greater London EN1 3BU3
£565K10/220.08 mi27, Riversfield Road, Enfield, Greater London EN1 3DH3
£560K06/210.08 mi319, Willow Road, Enfield, Greater London EN1 3BX3
£575K01/230.08 mi297, Willow Road, Enfield, Greater London EN1 3BX3
£615K11/200.09 mi22, Apple Grove, Enfield, Greater London EN1 3DD3
£553K04/210.09 mi58, Apple Grove, Enfield, Greater London EN1 3DD3
£540K06/210.09 mi60, Apple Grove, Enfield, Greater London EN1 3DD3
£570K11/200.1 mi23, Riversfield Road, Enfield, Greater London EN1 3DH3
£595K11/200.1 mi19, Riversfield Road, Enfield, Greater London EN1 3DH3
£555K10/220.1 mi25, Churchbury Lane, Enfield, Greater London EN1 3TX3
£615K10/220.11 mi39, Apple Grove, Enfield, Greater London EN1 3DA3
£560K12/220.11 mi64, Churchbury Lane, Enfield, Greater London EN1 3TY3
£503K12/200.11 mi25, Apple Grove, Enfield, Greater London EN1 3DA3
£531.5K02/210.11 mi57, Apple Grove, Enfield, Greater London EN1 3DA3
£570K05/230.11 mi45, Apple Grove, Enfield, Greater London EN1 3DA3
£620K04/210.14 mi240, Willow Road, Enfield, Greater London EN1 3AT3
£587K05/210.14 mi222, Willow Road, Enfield, Greater London EN1 3AT3
£607K08/230.14 mi19, Vicars Close, Enfield, Greater London EN1 3DN3
£725K10/200.15 mi11, Firtree Walk, Enfield, Greater London EN1 3TZ3
£435K04/210.15 mi74, Ladysmith Road, Enfield, Greater London EN1 3AA3
£550K07/230.19 mi49, Churchbury Lane, Enfield, Greater London EN1 3UN3
£700K07/230.19 mi177, Parsonage Lane, Enfield, Greater London EN1 3UJ3
£570K01/230.2 mi16, Ravens Close, Enfield, Greater London EN1 3UR3
£650K10/220.21 mi10, Queens Road, Enfield, Greater London EN1 1NE3
£560K03/210.21 mi19, Ladysmith Road, Enfield, Greater London EN1 3AJ3
£510K01/210.21 mi57, Ladysmith Road, Enfield, Greater London EN1 3AJ3
£612.5K05/230.22 mi3, Vicars Close, Enfield, Greater London EN1 3DW3
£655K10/220.24 mi92, Carnarvon Avenue, Enfield, Greater London EN1 3DS3
£625K10/220.25 mi73, Graeme Road, Enfield, Greater London EN1 3UT3
£450K03/210.26 mi80, Sketty Road, Enfield, Greater London EN1 3SF3
£567.5K12/220.26 mi62, Connaught Avenue, Enfield, Greater London EN1 3BG3
£570K05/230.27 mi7, Seaford Road, Enfield, Greater London EN1 1NT3
£570K03/210.27 mi163, Willow Road, Enfield, Greater London EN1 3BS3
£455K06/210.28 mi5, Craddock Road, Enfield, Greater London EN1 3SR3
£630K05/210.28 mi160, Ladysmith Road, Enfield, Greater London EN1 3AB3
£652K09/220.28 mi148, Ladysmith Road, Enfield, Greater London EN1 3AB3
£440K05/210.28 mi60, Connaught Avenue, Enfield, Greater London EN1 3BG3
£545K06/230.3 mi25, Graeme Road, Enfield, Greater London EN1 3UU3
£610K02/230.3 mi52, Seaford Road, Enfield, Greater London EN1 1NS3
£550K02/210.3 mi96, Sketty Road, Enfield, Greater London EN1 3SG3
£540K05/210.31 mi128, Burleigh Road, Enfield, Greater London EN1 1NU3
£560K12/200.31 mi105, Ladysmith Road, Enfield, Greater London EN1 3AH3
£485K11/200.31 mi119, Ladysmith Road, Enfield, Greater London EN1 3AH3
£530K07/230.31 mi18, Herrongate Close, Enfield, Greater London EN1 3BN3
£517K12/220.32 mi37, Herrongate Close, Enfield, Greater London EN1 3BN3
£770K01/230.32 mi47, Chalkwell Park Avenue, Enfield, Greater London EN1 2AN3
£670K11/210.32 mi26, Chalkwell Park Avenue, Enfield, Greater London EN1 2AN3
£585K10/200.34 mi27, Monastery Gardens, Enfield, Greater London EN2 0AD3
£465K03/210.34 mi22, Mafeking Road, Enfield, Greater London EN1 3SS3

Local Rents

45 rents from £1.6K/mo to £2.7K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,35003/240.11 miApple Grove, Enfield, EN1 3DA3
£2,45003/240.11 miApple Grove, Enfield, EN1 3DA3
£2,35004/240.11 mi-3
£2,00003/240.15 miSavoy Parade, Southbury Road, Enfield - Brilliant Sized 3 Bedroom in the epitome of Enfield !!3
£2,00005/240.19 miChurchbury Lane, ENFIELD3
£2,30003/240.23 miChurchbury Lane, ENFIELD, Middlesex, EN13
£2,30003/240.23 miChurchbury Lane, ENFIELD, Middlesex, EN13
£2,20004/240.24 mi-3
£1,99504/240.29 miConnaught Avenue, Enfield, Middlesex, EN13
£1,99504/240.29 miConnaught Avenue, Enfield, Middlesex, EN13
£1,75003/240.29 miGraeme Road, Enfield, EN13
£1,90004/240.3 miSeaford Road, Enfield, EN13
£1,90004/240.3 miSeaford Road, Enfield, EN13
£2,35001/250.3 mi-3
£2,35003/250.3 mi-3
£1,75004/240.31 mi-3
£2,50012/240.33 mi-3
£2,65002/250.33 mi-3
£1,65003/240.37 miBurleigh Way, Enfield, London, EN23
£1,65004/240.37 miBurleigh Way, Enfield, London, EN23
£2,50004/240.39 miNelrose House Church Street, Enfield EN23
£2,50003/240.39 miChurch Street, Enfield, Greater London, EN23
£2,40004/240.41 mi-3
£1,70004/240.42 miLondon Road, Enfield, EN23
£2,10004/240.43 miTower Point, Sydney Road, Enfield, EN2 6SZ3
£2,35004/240.43 miSydney Road, Enfield Town, EN23
£2,45004/240.43 miTower Point, Sydney Road, Enfield3
£2,50001/250.44 mi-3
£2,35003/240.44 miTower Point, 52 Sydney Road, Enfield, EN2 6SY3
£2,34903/240.44 miTower Point, Sydney Road, Enfield, EN23
£1,75004/240.46 miLondon Road, Enfield3
£2,50003/240.47 miBaker Street, ENFIELD3
£1,80004/240.48 miLondon Road, Enfield3
£1,80004/240.48 miLondon Road, Enfield3
£1,80004/240.48 miLondon Road, Enfield3
£2,30004/240.48 miCecil Road, London, EN23
£2,10003/240.51 miPercival Road, Enfield3
£2,65012/240.53 mi-3
£2,65012/240.53 mi-3
£2,20003/240.53 miWarne Court, EN13
£2,60005/240.53 miJules Throne Ave, Enfield En1 3
£2,25010/230.56 miHalifax Road, London, EN23
£2,10003/240.56 miKingswood Close, London, EN13
£2,00003/240.57 miCanonbury Road 3
£2,70002/250.6 mi-3

Local Area Statistics

Population in EN1

45,671

Population in Enfield

130,248

Town centre distance

1.01 miles away

Nearest school

0.30 miles away

Nearest train station

0.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £580,000

March 14, 2025

Floor Plans

Description

  • Potential To Extend The Rear And Loft (subject to planning permission) +
  • Close Proximity To Local Schools, Shopping Centre And Transport Links +
  • Sought After 'Willow Estate' Location +
  • In Need Of Modernisation +
  • First Floor Bathroom +
  • Off Street Parking +
  • Three Bedrooms +
  • Semi Detached +
  • Chain Free +
  • Keys Held +

Located in the sought-after Willow Estate, this charming three-bedroom semi-detached house on Greencroft Gardens presents an excellent opportunity for those looking to create their dream home.

With three bedrooms, this residence is ideal for families or those seeking extra space. One of the standout features of this property is the off-street parking, providing convenience and peace of mind. Additionally, there is significant potential to extend the house, subject to planning permission, which could further enhance its value and living space.

Although the property is in need of modernisation, it's full of potential and offers a blank canvas for creative minds. The popular Willow Estate area is known for proximity to local amenities including schools, shopping centre and transport links making it a desirable place to live.

This semi-detached house is not just a property; it is an opportunity to invest in a home that you can truly make your own. Whether you are a first-time buyer or looking to upsize, this residence is well worth considering.

This property has the added incentive of being sold with no onward chain. Chain Free, Keys Held, Call Now!

Hallway - Frosted double glazed window to side aspect, laminate wood flooring, radiator, stairs leading to first floor landing, doors leading to lounge and kitchen.

Lounge - 8.15m (into bay) x 3.51m (max) (26'9" (into bay) x - Double glazed window to front aspect, laminate wood flooring, radiator, glazed window to rear aspect and glazed patio doors leading to conservatory/lean-to.

Kitchen - 2.95m x 2.36m (9'8" x 7'9") - Frosted double glazed window to side aspect, eye and base level units with roll top worksurfaces, sink with mixer tap, fitted oven with separate hob and extractor hood, space for washing machine and slimline dishwasher, tiled floor, part tiled walls and door leading to conservatory/lean-to.

Conservatory/Lean-To - 4.88m x 3.05m (16'0" x 10'0") - Double glazed windows to rear aspect, double glazed sliding doors leading to rear garden, tiled floor and door leading to W.C.

W.C - Frosted window to rear aspect, low flush W.C, sink with pillar tap, tiled floor and part tiled walls.

First Floor Landing - Double glazed window to side aspect and doors leading to all rooms.

Bedroom One - 4.60m (into bay) x 3.45m (15'1" (into bay) x 11'4" - Double glazed window to front aspect, radiator and fitted wardrobe.

Bedroom Two - 3.45m x 3.28m (11'4" x 10'9") - Double glazed window to rear aspect, radiator and fitted wardrobe.

Bedroom Three - 2.24m x 1.93m (7'4" x 6'4") - Double glazed window to front aspect.

Bathroom - Frosted double glazed window to rear aspect, low flush W.C, sunken bath with mixer tap, sink with mixer tap and part tiled walls.

Exterior - Front - Patio paved driveway, side gate leading to rear garden.

Exterior - Rear - In need of cultivation, Patio area, mainly laid to lawn, flower bed borders, gate leading to front garden.

Lanes Estate Agents Enfield Reference Number - ET5232/AX/AX/AX/140325

Agent Details

Lanes, Enfield

020 3835 4508

Next Steps?

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