3 Bed Semi-Detached House, Planning Permission, Potters Bar, EN6 5JT, £625,000

Cotton Road, Potters Bar, EN6 5JT - 12 days ago

Planning
~93 m²
+20 photos

ValuationOvervalued

Sold Prices£410K - £1.3M
Sold Prices/m²£4.2K/m² - £8.5K/m²

 

 

Square Metres

~93 m²
Price/m²£6.7K/m²

Value Estimate

£499,353

 

 

End Value (After Refurb)

£601,750

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£156,250

Stamp Duty & Legal Fees

£53,700

Refurb Costs

£49,200

Bridging Loan Interest

£16,406

Total Cash In

£277,306

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£601,750

Mortgage (After Refinance)

£451,313

Mortgage LTV

75%

Cash Left In

£277,306

Equity

£150,438

Rent Range

£1,800 - £2,750

Rent Estimate

£2,125

Running Costs/mo

£2,325

Cashflow/mo

£-200

Cashflow/yr

£-2,406

Gross Yield

4%

Local Sold Prices

50 sold prices from £410K to £1.3M, average is £573.5K. £4.2K/m² to £8.5K/m², average is £5.4K/m².

PriceDateDistanceAddressBeds 
£525K05/210.01 mi21, Cotton Road, Potters Bar, Hertfordshire EN6 5JT3
£622.5K08/220.02 mi32, Cotton Road, Potters Bar, Hertfordshire EN6 5JG3
£660K12/200.06 mi23, Oakmere Lane, Potters Bar, Hertfordshire EN6 5LT3
£550K03/210.06 mi10, Morven Close, Potters Bar, Hertfordshire EN6 5HE3
£495K12/200.09 mi2, Oakmere Close, Potters Bar, Hertfordshire EN6 5JQ3
£590K02/210.1 mi5, Oakmere Close, Potters Bar, Hertfordshire EN6 5JQ3
£510K11/200.11 mi72, Cotton Road, Potters Bar, Hertfordshire EN6 5JH3
£479.9K06/210.12 mi26, Bearwood Close, Potters Bar, Hertfordshire EN6 5HJ3
£547.5K07/220.13 mi8, Hatfield Road, Potters Bar, Hertfordshire EN6 1HP3
£510K06/210.15 mi25, Chace Avenue, Potters Bar, Hertfordshire EN6 5LX3
£440K06/210.17 mi18, Hatfield Road, Potters Bar, Hertfordshire EN6 1HN3
£573K12/200.17 mi23, Penshurst Road, Potters Bar, Hertfordshire EN6 5JR3
£717.5K11/220.17 mi77, Cotton Road, Potters Bar, Hertfordshire EN6 5JJ3
£525K02/230.19 mi25, Fayerfield, Potters Bar, Hertfordshire EN6 5DQ3
£545K03/210.21 mi9, The Spinney, Potters Bar, Hertfordshire EN6 5HH3
£610K11/220.22 mi27, Tempest Avenue, Potters Bar, Hertfordshire EN6 5JU3
£590K02/210.24 mi2, Tempest Avenue, Potters Bar, Hertfordshire EN6 5JX3
£475K03/210.28 mi24, Mandeville Road, Potters Bar, Hertfordshire EN6 5LQ3
£475K06/210.28 mi22, Mandeville Road, Potters Bar, Hertfordshire EN6 5LQ3
£424K03/210.28 mi3, Northlands, Potters Bar, Hertfordshire EN6 5DF3
£590K12/220.28 mi12, Northlands, Potters Bar, Hertfordshire EN6 5DF3
£580K02/230.28 mi6, Salisbury Close, Potters Bar, Hertfordshire EN6 5AX3
£670K06/230.28 mi12, Salisbury Close, Potters Bar, Hertfordshire EN6 5AX3
£475K05/210.3 mi45, Tempest Avenue, Potters Bar, Hertfordshire EN6 5JY3
£650K04/230.3 mi82, Tempest Avenue, Potters Bar, Hertfordshire EN6 5JY3
£690K11/220.3 mi4, Tavistock Close, Potters Bar, Hertfordshire EN6 5HP3
£625K03/230.31 mi92, Tempest Avenue, Potters Bar, Hertfordshire EN6 5JZ3
£460K03/210.31 mi68, Forbes Avenue, Potters Bar, Hertfordshire EN6 5NG3
£410K09/220.31 mi15, Stamford Close, Potters Bar, Hertfordshire EN6 5NW3
£478K02/210.32 mi18, Tiverton Road, Potters Bar, Hertfordshire EN6 5HY3
£574K01/230.32 mi25, Tiverton Road, Potters Bar, Hertfordshire EN6 5HY3
£625K07/220.32 mi13, Hatherleigh Gardens, Potters Bar, Hertfordshire EN6 5HZ3
£450.1K12/200.32 mi106, Torrington Drive, Potters Bar, Hertfordshire EN6 5HT3
£650K08/230.32 mi17, Torrington Drive, Potters Bar, Hertfordshire EN6 5HU3
£515K03/210.32 mi27, Torrington Drive, Potters Bar, Hertfordshire EN6 5HU3
£635K02/230.32 mi112, Quakers Lane, Potters Bar, Hertfordshire EN6 1RG3
£420K04/210.33 mi26, Stamford Close, Potters Bar, Hertfordshire EN6 5NW3
£1.3M11/200.34 mi4, Mount Grace Road, Potters Bar, Hertfordshire EN6 1RE3
£500K06/210.36 mi53, Highview Gardens, Potters Bar, Hertfordshire EN6 5PN3
£475K06/210.37 mi87, Tempest Avenue, Potters Bar, Hertfordshire EN6 5LA3
£600K11/200.38 mi37, Tiverton Road, Potters Bar, Hertfordshire EN6 5HX3
£630K12/200.38 mi106, Quakers Lane, Potters Bar, Hertfordshire EN6 1RH3
£730K02/210.4 mi109, Byng Drive, Potters Bar, Hertfordshire EN6 1UJ3
£790K02/230.4 miMinwood, Coopers Lane Road, Potters Bar, Hertfordshire EN6 4AA3
£1.0M07/230.4 mi1, Parkfield View, Potters Bar, Hertfordshire EN6 1US3
£680K03/210.41 mi95, Hatfield Road, Potters Bar, Hertfordshire EN6 1HZ3
£630K08/210.43 mi7, Sandringham Road, Potters Bar, Hertfordshire EN6 1EX3
£455K10/200.43 mi49, Coopers Road, Potters Bar, Hertfordshire EN6 1JQ3
£585K04/210.43 mi25, Coopers Road, Potters Bar, Hertfordshire EN6 1JQ3
£428K12/200.44 mi11, Coopers Road, Potters Bar, Hertfordshire EN6 1JG3

Local Rents

11 rents from £1.8K/mo to £2.8K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£1,80004/240.14 miHatfield Road, Potters Bar, Hertfordshire, EN63
£1,80012/240.14 miHatfield Road, Potters Bar, Herts3
£2,39503/250.24 mi-3
£2,40002/250.24 mi-3
£2,75012/240.25 miTorrington Drive, Potters Bar3
£1,90003/250.31 mi-3
£1,97504/240.45 miFrampton Road, Potters Bar3
£2,20004/240.51 miPark Avenue, Potters Bar, Hertfordshire, EN63
£2,20004/240.51 miOakmere Avenue, Potters Bar, EN63
£2,00004/240.57 miAlbemarle Avenue, Potters Bar3
£1,95004/240.59 miMutton Lane, Potters Bar, Hertfordshire, EN63

Local Area Statistics

Population in EN6

29,067

Population in Potters Bar

29,075

Town centre distance

0.50 miles away

Nearest school

0.20 miles away

Nearest train station

0.94 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+16%

Sales demand

Buyer's market

Capital growth (5yrs)

+14%

Property History

Listed for £625,000

March 31, 2025

Floor Plans

Description

  • Beautifully Presented 3 Bedroom Home +
  • South Facing Rear Garden +
  • Huge Potential for Extending +
  • Off Street Parking + Garage +
  • Luxury Kitchen/DIner + Seperate Living Room +
  • Modern Bathroom Suite +
  • Ground Floor Cloakroom/WC +
  • Close to Excellent Schools +
  • Walking distance to local shops and restaurants +
  • Excellent Transport Links +

Auckland Estate as are pleased to offer the sale of this beautifully refurbished 3 BEDROOM Semi-Detached house offering spacious, modern living in the ideal Potters Bar location of Cotton Road.

Set on a quiet turning just off the High Street, the home has been tastefully extended to provide ample living space, including a stunning Kitchen/Diner ideal for entertaining, complemented by stylish wooden flooring that flows seamlessly throughout.

Upstairs, the property boasts 3 generously sized bedrooms and a luxurious family bathroom featuring both a bath and a separate shower, designed with elegant fittings and contemporary finishes.

Additionally, the home has excellent potential for further enhancements, including a wrap-around extension or loft conversion (subject to planning permission), providing an exciting opportunity to personalise and expand this impressive property even further.

Externally, the home is equally attractive, benefiting from a landscaped, South-Facing Rear Garden that offers privacy and sunlight throughout the day-perfect for family gatherings or relaxing afternoons. Off-street parking for two vehicles and an attached garage providing ample storage or additional potential living space.

Conveniently located close to local shops, restaurants, and Potters Bar train station, this exceptional family home combines style, space, and endless possibilities, making it a must-see property.

For more information and to arrange a viewing, please call Auckland Estates today.

Agent Details

Auckland Estates Limited, Potters Bar

01707 241361

Next Steps?

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