2 Bed Flat, Single Let, Enfield, EN2 8QD, £450,000

Cedarwood House, 24 Culloden Road, Enfield, EN2 8QD - 25 days ago

Leasehold
BTL
~68 m²
+10 photos

ValuationOvervalued

Sold Prices£112K - £665K
Sold Prices/m²£4.6K/m² - £6.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£6.6K/m²

Value Estimate

£392,230

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£33,700

Total Cash In

£146,200

 

 

Cash Out

 

Rent Range

£1,400 - £2,695

Rent Estimate

£1,550

Running Costs/mo

£1,736

Cashflow/mo

£-186

Cashflow/yr

£-2,235

Gross Yield

4%

Local Sold Prices

50 sold prices from £112K to £665K, average is £321K. £4.6K/m² to £6.7K/m², average is £5.8K/m².

PriceDateDistanceAddressBeds 
£412.5K07/230.04 mi11, Hermitage Close, Enfield, Greater London EN2 8EL2
£325K03/210.09 mi91, Chase Green Avenue, Enfield, Greater London EN2 8EN2
£319K10/200.1 miFlat 14, Pinewood Court, Bycullah Road, Enfield, Greater London EN2 8EG2
£320K01/210.1 mi27a, The Ridgeway, Enfield, Greater London EN2 8PB2
£367K05/230.16 mi27, Monks Close, Enfield, Greater London EN2 8DZ2
£364K09/210.17 mi27b, Chase Green Avenue, Enfield, Greater London EN2 8EA2
£360K04/210.18 mi5d, Glebe Avenue, Enfield, Greater London EN2 8NZ2
£320K04/210.18 mi9, Canford Close, Enfield, Greater London EN2 8QN2
£395K06/210.2 mi9, Mcadam Drive, Enfield, Greater London EN2 8PS2
£347.5K02/230.22 mi13, West Bank, Enfield, Greater London EN2 8DU2
£420K04/230.24 mi29, Florence Drive, Enfield, Greater London EN2 8DG2
£257K01/230.25 mi67b, Windmill Hill, Enfield, Greater London EN2 7AF2
£250K03/210.27 miFlat 16, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£260K08/210.27 miFlat 50, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£280K01/230.27 miFlat 85, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£290K08/210.28 miFlat 73, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£345K11/200.28 mi4, Millers Green Close, Enfield, Greater London EN2 7BD2
£315K03/230.34 mi52, John Gooch Drive, Enfield, Greater London EN2 8HG2
£300K01/210.34 mi60, John Gooch Drive, Enfield, Greater London EN2 8HG2
£297K06/210.35 mi4, Kirkland Drive, Enfield, Greater London EN2 0RT2
£360K06/230.35 mi10, Englefield Close, Enfield, Greater London EN2 7QD2
£565K12/200.36 miFlat 2, Mountford House, Crescent Road, Enfield, Greater London EN2 7BL2
£520K05/210.37 mi75a, Chase Side, Enfield, Greater London EN2 6NL2
£395K12/200.37 mi22, Chase Ridings, Enfield, Greater London EN2 7QF2
£365K06/230.37 mi31, Chase Ridings, Enfield, Greater London EN2 7QF2
£295K03/230.38 mi48, Waverley Road, Enfield, Greater London EN2 7AQ2
£297.5K02/210.39 mi123, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£328K12/200.39 mi155, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£340K12/200.39 mi46, Waverley Road, Enfield, Greater London EN2 7AQ2
£285K03/210.39 mi53, Gladbeck Way, Enfield, Greater London EN2 7EL2
£500K06/230.4 miFlat 13, Claremont Heights, Crescent Road, Enfield, Greater London EN2 7RY2
£412.5K01/210.4 mi4, Windmill Hill, Enfield, Greater London EN2 6SA2
£317.5K03/230.41 mi73, Crofton Way, Enfield, Greater London EN2 8HR2
£315K08/210.41 mi107, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£320K11/220.41 mi115, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£310K12/220.41 mi1, Woodridge Close, Enfield, Greater London EN2 8HJ2
£303K10/210.41 mi129, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£315K03/210.42 mi6, Woodridge Close, Enfield, Greater London EN2 8HJ2
£316K01/230.42 mi2, Woodridge Close, Enfield, Greater London EN2 8HJ2
£315K03/210.42 mi6, Woodridge Close, Enfield, Greater London EN2 8HJ2
£290K10/200.42 mi26, Holtwhite Avenue, Enfield, Greater London EN2 0RS2
£360K10/220.42 mi58, Crofton Way, Enfield, Greater London EN2 8HS2
£338K11/220.42 mi64, Crofton Way, Enfield, Greater London EN2 8HS2
£665K06/210.44 mi31, The Coppice, Enfield, Greater London EN2 7BX2
£322K04/210.48 mi96a, Gordon Hill, Enfield, Greater London EN2 0QS2
£305K03/210.48 mi175, Gladbeck Way, Enfield, Greater London EN2 7EW2
£112K01/230.5 mi70, Parsonage Lane, Enfield, Greater London EN2 0AH2
£402K04/210.54 mi3, Shooters Road, Enfield, Greater London EN2 8RN2
£420K06/210.55 mi30a, Little Park Gardens, Enfield, Greater London EN2 6PG2
£350K04/210.57 miFlat 12, John Keats Lodge, Chase Side Crescent, Enfield, Greater London EN2 0JZ2

Local Rents

50 rents from £1.4K/mo to £2.7K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,85002/250.09 mi-2
£1,65004/240.09 miThe Ridgeway, London, EN22
£1,80004/240.14 miBycullah Road, Enfield, EN22
£1,67504/240.14 miThe Ridgeway, Enfield, Middlesex, EN22
£1,70004/240.14 mi10-12 The Ridgeway, Enfield2
£1,80004/240.16 miBycullah Road, ENFIELD2
£1,79504/240.16 miBycullah Court, Enfield2
£1,65004/240.17 miThe Ridgeway, Enfield, EN22
£1,65004/240.17 miThe Ridgeway, Enfield, EN22
£1,65004/240.18 miBycullah Road, ENFIELD2
£1,75003/240.2 miSlades Hill, ENFIELD2
£1,85002/240.21 mi-2
£1,85003/240.21 miFlorence Drive, Enfield, EN22
£1,70003/240.23 miHelen Clare Court, Enfield, EN22
£1,79804/240.23 miUplands Park Road, Enfield EN22
£1,70004/240.25 miWindmill Hill, EN22
£2,50004/240.25 miBergamot House, Rowantree Road, Enfield2
£2,50004/240.25 miBergamot House, Rowantree Road, Enfield2
£1,70003/240.25 mi-2
£2,69503/240.25 miBergamot House, 52 Rowantree Road, Enfield, EN22
£2,69503/240.25 miBergamot House, 52 Rowantree Road, Enfield, EN22
£2,69503/240.26 miBergamot House, Enfield2
£1,57512/230.26 mi-2
£1,74503/240.26 miMonks Road, Winchmore Hill2
£2,00003/250.27 mi-2
£1,60003/240.27 miWindmill Hill, Enfield2
£2,00004/240.27 miMonks Road, Enfield, EN22
£1,75003/240.27 miMonks Road, EN22
£1,80003/250.27 mi-2
£2,09703/240.28 miMonks Road, Enfield, EN22
£1,40003/240.28 miChasewood Avenue, Enfield, EN22
£1,75004/240.28 miMillers Green Close, ENFIELD2
£1,60005/240.29 miWindmill Hill, Enfield2
£1,55004/240.31 miTrinity Street, Enfield, Middlesex, EN22
£1,71203/240.31 miThe Grove, Enfield EN22
£1,55002/240.32 mi-2
£1,70003/240.34 miThe Glade, Enfield2
£1,40009/230.36 mi-2
£1,85003/250.36 mi-2
£1,85001/250.37 mi-2
£1,65005/240.38 miWaverley Road, Enfield2
£1,60005/240.38 miWaverley Road, Enfield2
£1,60005/240.38 miWaverley Road, Enfield2
£1,90004/240.38 miSaphire Court, Enfield, EN22
£1,40004/240.39 miKirkland Drive2
£1,70005/240.39 miKirkland Drive, ENFIELD2
£1,70005/240.39 miKirkland Drive, Enfield2
£1,79504/240.39 miGladbeck Way, Enfield2
£1,75005/240.4 mi-2
£1,75005/240.4 miKirkland Drive, Enfield, EN22

Local Area Statistics

Population in EN2

29,471

Population in Enfield

130,248

Town centre distance

0.57 miles away

Nearest school

0.30 miles away

Nearest train station

0.37 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £450,000

March 19, 2025

Floor Plans

Description

  • Close Proximity To Local Amenities, Schools, And Transport Links +
  • Ensuite Shower Room To Bedroom One +
  • Two Bedroom Apartment +
  • Own Private Garden +
  • Separate Bathroom +
  • Allocated Parking +
  • 900+ Year Lease +
  • Ground Floor +
  • Chain Free +
  • Call Now +

Welcome to this charming two-bedroom ground floor apartment located at Cedarwood House, Enfield. This delightful flat offers a perfect blend of comfort and convenience, making it an ideal choice for both first-time buyers and those looking to downsize.

As you enter the property, you are greeted by a spacious reception room that provides a warm and inviting atmosphere, perfect for relaxing or entertaining guests. The apartment features two well-proportioned bedrooms, with the main bedroom benefiting from an ensuite shower room, ensuring privacy and comfort. The second bathroom is conveniently located for guests and residents alike.

One of the standout features of this property is its own private garden, offering a lovely outdoor space to enjoy fresh air and sunshine. Whether you wish to cultivate a small garden, or simply unwind with a good book, this garden provides a wonderful retreat.

The flat also comes with allocated parking, a valuable asset in this bustling area, ensuring that you have a designated space for your vehicle. With a generous 900+ year lease, you can enjoy peace of mind knowing that your investment is secure for many years to come.

Situated in a desirable location, this apartment is close to local amenities, schools, and transport links, making it easy to access everything you need. This property truly represents a fantastic opportunity to own a lovely home in Enfield. Do not miss the chance to make this charming flat your own.

Hallway - Large storage cupboard, separate airing cupboard, entry phone system, radiator, doors leading to lounge, kitchen, bathroom, bedroom one and bedroom two.

Lounge - 7.16m x 3.45m (23'6" x 11'4") - Double glazed sliding door leading to rear garden, frosted double glazed window to side aspect and two radiators.

Kitchen - 3.81m x 1.85m (12'6" x 6'1") - Frosted double glazed window to side aspect, eye and base level units with roll top work surfaces, one and a half bowl sink with mixer tap and drainer, fitted double oven with induction hob and extractor hood, integrated fridge/freezer, space for washing machine and dish washer, radiator and part tiled walls.

Bedroom One - 3.89m x 3.45m (12'9" x 11'4") - Double glazed window to front aspect, radiator, fitted wardrobes and door leading to ensuite.

Ensuite Shower Room - Frosted double glazed window to front aspect, shower cubicle, pedestal wash hand basin with mixer tap, low flush W.C, radiator and tiled walls.

Bedroom Two - 3.20m x 2.51m (10'6" x 8'3") - Double glazed window to front aspect, fitted wardrobes and radiator.

Bathroom - Tile enclosed bathe with mixer tap and shower attachment, pedestal wash hand basin with mixer tap, low flush W.C, radiator and tiled walls.

Garden - Paved with access to parking area.

Lanes Estate Agents Enfield Reference Number - ET5233/AX/AX/AX/180325

Agent Details

Lanes, Enfield

020 3835 4508

Next Steps?

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