2 Bed Flat, Single Let, Enfield, EN1 3EZ, £300,000

Baker Street, Enfield, EN1 3EZ - 11 days ago

Leasehold

Auction

BTL

ROI: 4%

~68 m²

+27 photos

ValuationUndervalued

Sold Prices	£112K - £520K
Sold Prices/m²	£4.5K/m² - £8K/m²

Square Metres	~68.11 m²
Price/m²	£4.4K/m²
Value Estimate	£369,415£369,415
BMV	23%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£75,000£75,000
Stamp Duty & Legal Fees	£21,200£21,200
Total Cash In	£96,200£96,200

Cash Out
Rent Range	£1,400 - £2,250£1,400 - £2,250
Rent Estimate	£1,550
Running Costs/mo	£1,268£1,268
Cashflow/mo	£283£283
Cashflow/yr	£3,390£3,390
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £112K to £520K, average is £329K. £4.5K/m² to £8K/m², average is £5.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£348K	12/22	0.05 mi	110a, Baker Street, Enfield, Greater London EN1 3EZ	£4,960	70	2	Flat
£365K	03/23	0.06 mi	Flat 27, Cheviot Court, Cheviot Close, Enfield, Greater London EN1 3UY	-	-	2	Flat
£352.5K	11/22	0.07 mi	Flat 14, Cheviot Court, Cheviot Close, Enfield, Greater London EN1 3UY	-	-	2	Flat
£350K	10/22	0.07 mi	Flat 20, Cheviot Court, Cheviot Close, Enfield, Greater London EN1 3UY	-	-	2	Flat
£335K	04/21	0.14 mi	8a, Graeme Road, Enfield, Greater London EN1 3UX	-	-	2	Flat
£341K	04/21	0.14 mi	116, Gordon Road, Enfield, Greater London EN2 0QB	£8,025	42	2	Flat
£341K	04/21	0.14 mi	116, Gordon Road, Enfield, Greater London EN2 0QB	£8,025	42	2	Flat
£300K	04/21	0.14 mi	171, Gordon Road, Enfield, Greater London EN2 0QB	£4,545	66	2	Flat
£112K	01/23	0.16 mi	70, Parsonage Lane, Enfield, Greater London EN2 0AH	-	-	2	Flat
£295K	06/21	0.18 mi	11, Weston Road, Enfield, Greater London EN2 0QD	-	-	2	Flat
£320K	12/20	0.18 mi	2, Weston Road, Enfield, Greater London EN2 0QD	£6,154	52	2	Flat
£297K	03/21	0.18 mi	13, Weston Road, Enfield, Greater London EN2 0QD	£6,907	43	2	Flat
£307.5K	04/21	0.2 mi	52, Pevensey Avenue, Enfield, Greater London EN1 3HT	£4,960	62	2	Flat
£520K	05/21	0.27 mi	75a, Chase Side, Enfield, Greater London EN2 6NL	£5,306	98	2	Flat
£350K	04/21	0.31 mi	Flat 12, John Keats Lodge, Chase Side Crescent, Enfield, Greater London EN2 0JZ	-	-	2	Flat
£375K	05/21	0.34 mi	41, St Andrews Road, Enfield, Greater London EN1 3UA	£4,464	84	2	Flat
£315K	03/21	0.34 mi	Flat 7, Whitakers Lodge, Gater Drive, Enfield, Greater London EN2 0JP	£5,081	62	2	Flat
£290K	10/20	0.34 mi	26, Holtwhite Avenue, Enfield, Greater London EN2 0RS	£5,370	54	2	Flat
£500K	12/20	0.35 mi	14, Riversfield Road, Enfield, Greater London EN1 3DJ	-	-	2	Flat
£345K	09/21	0.36 mi	Flat 32, Whitakers Lodge, Gater Drive, Enfield, Greater London EN2 0JP	-	-	2	Flat
£385K	02/21	0.36 mi	66, Drake Street, Enfield, Greater London EN2 0LQ	£6,875	56	2	Flat
£300K	02/21	0.36 mi	Upper Flat, 18, Drake Street, Enfield, Greater London EN2 0LQ	-	-	2	Flat
£350K	06/23	0.36 mi	12, Calder Close, Enfield, Greater London EN1 3TS	-	-	2	Flat
£272.5K	04/21	0.36 mi	14, Lea Road, Enfield, Greater London EN2 0LA	£5,240	52	2	Flat
£420K	06/21	0.4 mi	30a, Little Park Gardens, Enfield, Greater London EN2 6PG	£6,269	67	2	Flat
£285K	10/20	0.4 mi	25, Laurel Bank Road, Enfield, Greater London EN2 0JE	£5,377	53	2	Flat
£347.5K	02/23	0.43 mi	13, West Bank, Enfield, Greater London EN2 8DU	£6,093	57	2	Flat
£412.5K	01/21	0.44 mi	4, Windmill Hill, Enfield, Greater London EN2 6SA	-	-	2	Flat
£420K	04/23	0.45 mi	29, Florence Drive, Enfield, Greater London EN2 8DG	£6,087	69	2	Flat
£370K	11/22	0.46 mi	18, Lavender Hill, Enfield, Greater London EN2 0RE	£6,349	58	2	Flat
£357K	08/21	0.46 mi	22, Lavender Hill, Enfield, Greater London EN2 0RE	£5,950	60	2	Flat
£364K	09/21	0.47 mi	27b, Chase Green Avenue, Enfield, Greater London EN2 8EA	£4,853	75	2	Flat
£330K	07/23	0.48 mi	20, Birkbeck Road, Enfield, Greater London EN2 0DX	£6,686	49	2	Flat
£322K	04/21	0.49 mi	96a, Gordon Hill, Enfield, Greater London EN2 0QS	£4,806	67	2	Flat
£367K	05/23	0.49 mi	27, Monks Close, Enfield, Greater London EN2 8DZ	-	-	2	Flat
£297K	06/21	0.5 mi	4, Kirkland Drive, Enfield, Greater London EN2 0RT	£6,319	47	2	Flat
£315K	10/20	0.5 mi	14b, Ladysmith Road, Enfield, Greater London EN1 3AA	-	-	2	Flat
£295K	12/20	0.5 mi	2a, Eaton Road, Enfield, Greater London EN1 1NA	£5,268	56	2	Flat
£325K	03/21	0.5 mi	27, Morley Hill, Enfield, Greater London EN2 0BN	-	-	2	Flat
£297.5K	02/21	0.53 mi	123, Kirkland Drive, Enfield, Greater London EN2 0RJ	£6,071	49	2	Flat
£328K	12/20	0.53 mi	155, Kirkland Drive, Enfield, Greater London EN2 0RJ	£5,743	57	2	Flat
£315K	10/22	0.54 mi	45, Eaton Road, Enfield, Greater London EN1 1NJ	£5,164	61	2	Flat
£276K	07/23	0.55 mi	95, Beresford Gardens, Enfield, Greater London EN1 1NP	£5,409	51	2	Flat
£315K	08/21	0.55 mi	107, Kirkland Drive, Enfield, Greater London EN2 0RJ	£5,339	59	2	Flat
£305K	05/21	0.55 mi	61, Eaton Road, Enfield, Greater London EN1 1NJ	£5,638	54	2	Flat
£339K	04/21	0.55 mi	30, Morley Hill, Enfield, Greater London EN2 0BJ	£5,136	66	2	Flat
£320K	11/22	0.56 mi	115, Kirkland Drive, Enfield, Greater London EN2 0RJ	£5,424	59	2	Flat
£303K	10/21	0.57 mi	129, Kirkland Drive, Enfield, Greater London EN2 0RJ	£5,316	57	2	Flat
£342K	03/21	0.58 mi	76, Inverness Avenue, Enfield, Greater London EN1 3NU	£5,607	61	2	Flat
£290K	12/20	0.58 mi	56, Glenville Avenue, Enfield, Greater London EN2 0ES	£5,800	50	2	Flat

Local Rents

50 rents from £1.4K/mo to £2.3K/mo, average is £1.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,694	03/24	0.08 mi	Baker Street, Enfield,	2	Flat
£1,700	03/24	0.08 mi	Baker Street, Enfield	2	Flat
£1,750	04/24	0.19 mi	Weston Road, Enfield, EN2	2	Flat
£1,650	01/25	0.21 mi	-	2	Flat
£1,725	10/23	0.21 mi	Churchbury Road, Enfield, Middlesex, EN1	2	Terraced House
£1,750	04/24	0.22 mi	Churchbury road, Enfield, EN1	2	Terraced House
£2,250	03/24	0.23 mi	Baker Street, ENFIELD	2	Flat
£1,850	03/24	0.31 mi	-	2	Flat
£1,400	04/24	0.35 mi	Lea Road, Enfield, EN2	2	Flat
£1,600	10/23	0.36 mi	Gater Drive, London, EN2	2	Flat
£2,000	04/24	0.38 mi	Burleigh Way, Enfield	2	Flat
£1,900	04/24	0.38 mi	Burleigh Way, Enfield, EN2	2	Flat
£1,550	04/24	0.38 mi	Trinity Street, Enfield, Middlesex, EN2	2	Flat
£1,750	03/24	0.39 mi	Tower Point, Sydney Road, Enfield	2	Flat
£1,898	04/24	0.39 mi	Burleigh Way, Enfield, EN2	2	Flat
£2,000	03/24	0.4 mi	Burleigh Way, Enfield, EN2	2	Flat
£2,000	04/24	0.4 mi	Burleigh Way, Enfield	2	Flat
£1,900	05/24	0.4 mi	Burleigh Way, Enfield, EN2	2	Flat
£2,000	04/24	0.4 mi	-	2	Flat
£1,600	03/24	0.4 mi	Lynn Street, Enfield	2	Flat
£1,900	02/25	0.4 mi	-	2	Flat
£1,850	02/25	0.41 mi	-	2	Flat
£1,600	03/24	0.41 mi	Genotin Road, Enfield Town	2	Flat
£1,550	04/24	0.41 mi	Gordon Hill, Enfield, Middlesex, EN2	2	Flat
£1,750	03/24	0.41 mi	Colman Parade, Southbury Road, Enfield, EN1	2	Flat
£1,750	05/24	0.41 mi	Colman Parade, Southbury Road, Enfield, EN1	2	Flat
£1,650	04/24	0.41 mi	Church Street, Enfield Town EN2	2	Flat
£1,600	03/24	0.42 mi	Lynn Street, Enfield	2	Flat
£1,550	12/24	0.42 mi	-	2	Flat
£1,750	03/24	0.44 mi	Genotin Terrace, Enfield	2	Flat
£1,700	03/24	0.44 mi	Canonbury Road, Enfield, EN1	2	Flat
£1,950	04/24	0.44 mi	Lancaster Road, Enfield, EN2	2	Flat
£1,750	03/25	0.44 mi	-	2	Flat
£1,850	02/25	0.44 mi	-	2	Flat
£1,675	04/24	0.45 mi	Genotin Terrace, Enfield	2	Flat
£1,700	03/24	0.45 mi	-	2	Flat
£1,850	03/24	0.45 mi	Florence Drive, Enfield, EN2	2	Flat
£1,850	02/24	0.45 mi	-	2	Flat
£1,950	04/24	0.45 mi	Lancaster Road, Enfield	2	Flat
£1,550	02/24	0.45 mi	-	2	Flat
£1,600	03/24	0.46 mi	Primrose Avenue, Enfield, EN2	2	Terraced House
£1,900	04/24	0.46 mi	Saphire Court, Enfield, EN2	2	Flat
£1,600	05/24	0.47 mi	Birkbeck Road, Enfield, EN2	2	Flat
£1,600	04/24	0.48 mi	Birkbeck Road, Enfield, Middlesex, EN2	2	Flat
£1,825	03/24	0.5 mi	Redwood House, Enfield, EN2	2	Flat
£1,850	03/25	0.51 mi	-	2	Flat
£1,695	04/24	0.52 mi	Sterling Road, Enfield	2	Terraced House
£1,750	05/24	0.52 mi	Sterling Road, Enfield, Middlesex, EN2	2	Terraced House
£2,097	03/24	0.52 mi	Monks Road, Enfield, EN2	2	Flat
£1,700	05/24	0.53 mi	Kirkland Drive, Enfield	2	Flat

Local Area Statistics

Population in EN1	45,67145,671
Population in Enfield	130,248130,248
Town centre distance	0.93 miles away0.93 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.45 miles away0.45 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+5%+5%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+18%+18%

Property History

Listed for £300,000

March 24, 2025

Floor Plans

Description

Being Sold via Secure Sale online bidding. Terms and Conditions apply. +
2 bedroom flat +
Purpose built +
Private parking +
Garage +
Enfield +
Available now! +

This well-presented 2 bedroom flat, located on Baker Street in Enfield, EN1, offers a fantastic opportunity for first-time buyers or investors. Key features include:

Bedrooms: 2 bright and spacious bedrooms with ample storage.
Living Area: A large, comfortable living room, ideal for relaxing or entertaining.
Kitchen: A modern, fully equipped kitchen with plenty of counter space.
Bathroom: A clean, contemporary bathroom with modern fittings.

Location: Ideally situated in a popular area, close to local amenities, schools, and excellent transport links, including Enfield Town and Enfield Chase stations.

The property also benefits from external storage facilities.

This property combines convenience and comfort, making it a must-see.

Council Tax Band: C
Tenure: Leasehold
Length Of Lease: 88
Annual Ground Rent Amount: £10.00
Annual Service Charge Amount: £1,082.00

Agent Details

Pattinson Estate Agents, Auction

0191 625 0242

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

Sold STC

3 Bed House, Single Let, Enfield, EN2 0AD

£650,000

3 months ago • 117 m²

Sold STC

3 Bed House, Single Let, Enfield, EN2 0AD

£650,000

1 views • 6 months ago • 112 m²