3 Bed Semi-Detached House, Refurb/BRRR, Enfield, EN3 5RU, £455,000

43 Longfield Avenue, Enfield, EN3 5RU - a month ago

Sold STC

Refurb/BRRR

ROI: 2%

69 m²

ValuationOvervalued

Sold Prices	£350K - £705K
Sold Prices/m²	£3.7K/m² - £8.1K/m²

Square Metres	69 m²
Price/m²	£6.6K/m²
Value Estimate	£340,000£340,000

End Value (After Refurb)	£442,000£442,000

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£113,750£113,750
Stamp Duty & Legal Fees	£36,700£36,700
Refurb Costs	£36,503£36,503
Bridging Loan Interest	£11,944£11,944
Total Cash In	£200,647£200,647

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£442,000£442,000
Mortgage (After Refinance)	£331,500£331,500
Mortgage LTV	75%75%
Cash Left In	£200,647£200,647
Equity	£110,500£110,500
Rent Range	£1,750 - £5,315£1,750 - £5,315
Rent Estimate	£2,274
Running Costs/mo	£1,856£1,856
Cashflow/mo	£418£418
Cashflow/yr	£5,015£5,015
ROI	2%2%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £350K to £705K, average is £417.5K. £3.7K/m² to £8.1K/m², average is £5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£445K	05/23	0 mi	53, Longfield Avenue, Enfield, Greater London EN3 5RU	-	-	3	Terraced House
£470K	04/23	0.07 mi	55, Grove Road West, Enfield, Greater London EN3 5SY	£7,833	60	3	Detached House
£435K	03/21	0.08 mi	68, Elmhurst Road, Enfield, Greater London EN3 5TB	£4,143	105	3	Terraced House
£414K	04/23	0.09 mi	91, Longfield Avenue, Enfield, Greater London EN3 5RT	£6,088	68	3	Terraced House
£375K	10/20	0.14 mi	66, Winnington Road, Enfield, Greater London EN3 5RJ	£4,808	78	3	Terraced House
£396K	08/21	0.15 mi	16, Winnington Road, Enfield, Greater London EN3 5RH	-	-	3	Terraced House
£405K	03/21	0.15 mi	23, Winnington Road, Enfield, Greater London EN3 5RH	-	-	3	Terraced House
£470K	03/23	0.15 mi	21, Winnington Road, Enfield, Greater London EN3 5RH	-	-	3	Semi-Detached House
£365K	07/21	0.17 mi	75, Winnington Road, Enfield, Greater London EN3 5RL	£5,396	68	3	Terraced House
£365K	07/21	0.17 mi	75, Winnington Road, Enfield, Greater London EN3 5RL	£5,396	68	3	Terraced House
£705K	10/22	0.19 mi	43, Turkey Street, Enfield, Greater London EN3 5TT	-	-	3	Semi-Detached House
£455K	06/21	0.25 mi	51, Unity Road, Enfield, Greater London EN3 6PB	-	-	3	Semi-Detached House
£440K	05/23	0.25 mi	38, Crest Drive, Enfield, Greater London EN3 5QD	-	-	3	Terraced House
£410K	09/21	0.26 mi	11, Ingersoll Road, Enfield, Greater London EN3 5PU	-	-	3	Detached House
£515K	12/22	0.31 mi	95, Albany Road, Enfield, Greater London EN3 5UD	-	-	3	Terraced House
£565K	12/22	0.31 mi	75, Meadway, Enfield, Greater London EN3 6NX	-	-	3	Semi-Detached House
£412K	01/23	0.32 mi	52, Rotherfield Road, Enfield, Greater London EN3 6AN	£4,791	86	3	Terraced House
£600K	03/21	0.32 mi	2, Meadway, Enfield, Greater London EN3 6NU	£5,455	110	3	Semi-Detached House
£530K	01/23	0.32 mi	73, Meadway, Enfield, Greater London EN3 6NX	£6,386	83	3	Semi-Detached House
£420K	01/21	0.33 mi	6, Riley Road, Enfield, Greater London EN3 5QB	-	-	3	Semi-Detached House
£387.5K	03/21	0.33 mi	22, Rotherfield Road, Enfield, Greater London EN3 6AL	£4,079	95	3	Terraced House
£515K	02/23	0.36 mi	15, Keswick Drive, Enfield, Greater London EN3 6NY	£5,651	91	3	Semi-Detached House
£350K	02/23	0.37 mi	27, Cocker Road, Enfield, Greater London EN1 4QH	-	-	3	Terraced House
£418K	03/21	0.37 mi	116, Turkey Street, Enfield, Greater London EN1 4PS	£4,543	92	3	Terraced House
£470K	12/22	0.37 mi	28, Albany Park Avenue, Enfield, Greater London EN3 5NT	£8,103	58	3	Terraced House
£445K	03/23	0.37 mi	45, Leda Avenue, Enfield, Greater London EN3 5PZ	-	-	3	Terraced House
£490K	06/23	0.37 mi	21, Leda Avenue, Enfield, Greater London EN3 5PZ	-	-	3	Terraced House
£555K	03/23	0.38 mi	37, Albany Park Avenue, Enfield, Greater London EN3 5NT	£5,045	110	3	Terraced House
£442K	09/22	0.38 mi	46, Roedean Avenue, Enfield, Greater London EN3 5QL	£5,997	74	3	Semi-Detached House
£430K	05/21	0.38 mi	15, Totteridge Road, Enfield, Greater London EN3 6NE	£3,707	116	3	Semi-Detached House
£412K	04/23	0.39 mi	44, Raynton Road, Enfield, Greater London EN3 6BS	-	-	3	Semi-Detached House
£390K	08/23	0.39 mi	42, Raynton Road, Enfield, Greater London EN3 6BS	£4,815	81	3	Semi-Detached House
£417K	04/23	0.39 mi	74, Raynton Road, Enfield, Greater London EN3 6BS	£5,416	77	3	Terraced House
£450K	03/23	0.39 mi	21, Grove Gardens, Enfield, Greater London EN3 5PG	-	-	3	Semi-Detached House
£390K	12/22	0.39 mi	65, Raynton Road, Enfield, Greater London EN3 6BS	£4,875	80	3	Semi-Detached House
£410K	06/21	0.4 mi	46, Albany Park Avenue, Enfield, Greater London EN3 5NU	£5,616	73	3	Terraced House
£369K	01/21	0.4 mi	67, Raynton Road, Enfield, Greater London EN3 6BS	£4,341	85	3	Semi-Detached House
£373.5K	01/21	0.41 mi	92, Albany Park Avenue, Enfield, Greater London EN3 5NX	£4,555	82	3	Terraced House
£418K	03/21	0.41 mi	7, Uckfield Road, Enfield, Greater London EN3 6AS	-	-	3	Semi-Detached House
£375K	12/22	0.42 mi	7, Hook Gate, Enfield, Greater London EN1 4QB	£4,360	86	3	Semi-Detached House
£370K	12/20	0.43 mi	200, Albany Park Avenue, Enfield, Greater London EN3 5NZ	£4,868	76	3	Terraced House
£385K	02/23	0.43 mi	231, Albany Park Avenue, Enfield, Greater London EN3 5NZ	-	-	3	Terraced House
£362K	02/21	0.43 mi	51, Aylands Road, Enfield, Greater London EN3 6PW	£5,324	68	3	Terraced House
£475K	11/22	0.44 mi	172, Albany Park Avenue, Enfield, Greater London EN3 5NZ	£6,918	69	3	Terraced House
£372K	02/21	0.45 mi	4, Roedean Avenue, Enfield, Greater London EN3 5QJ	£4,650	80	3	Terraced House
£392K	03/21	0.45 mi	6, Roedean Avenue, Enfield, Greater London EN3 5QJ	-	-	3	Terraced House
£373K	03/21	0.47 mi	77, Catisfield Road, Enfield, Greater London EN3 6BB	£4,191	89	3	Terraced House
£382.5K	06/21	0.48 mi	17, Catisfield Road, Enfield, Greater London EN3 6BB	£4,113	93	3	Terraced House
£470K	09/22	0.48 mi	1, Rossington Close, Enfield, Greater London EN1 4LN	£6,912	68	3	Detached House
£450.1K	08/21	0.48 mi	78, Totteridge Road, Enfield, Greater London EN3 6NF	-	-	3	Detached House

Local Rents

50 rents from £1.8K/mo to £5.3K/mo, average is £2.2K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,000	04/24	0.05 mi	Longfield Avenue, EN3	3	Terraced House
£2,150	04/25	0.06 mi	-	3	Semi-Detached House
£2,595	03/24	0.07 mi	Longfield Avenue, Enfield, EN3	3	Flat
£2,150	04/24	0.14 mi	-	3	Flat
£2,150	04/24	0.14 mi	Turkey Street, Enfield, EN3	3	Flat
£1,800	04/24	0.14 mi	The Loning, Enfield	3	Terraced House
£2,400	04/25	0.14 mi	-	3	Terraced House
£2,350	04/25	0.16 mi	-	3	Semi-Detached House
£1,750	04/24	0.21 mi	-	3	Semi-Detached House
£1,800	12/24	0.21 mi	-	3	Semi-Detached House
£2,500	04/24	0.24 mi	-	3	Terraced House
£2,250	04/24	0.25 mi	Auckland Close, Enfield	3	Flat
£2,100	05/24	0.26 mi	-	3	Semi-Detached House
£2,300	04/25	0.26 mi	-	3	Terraced House
£1,900	11/24	0.27 mi	-	3	Terraced House
£2,000	04/24	0.34 mi	Beaconsfield Road, EN3	3	Terraced House
£2,500	04/25	0.35 mi	-	3	Terraced House
£2,100	03/24	0.36 mi	Elmore Road,	3	Detached House
£5,315	04/24	0.37 mi	-	3	Semi-Detached House
£2,500	04/24	0.39 mi	Enfield Mews, Ordnance Road, EN3	3	Detached House
£2,500	04/24	0.39 mi	Enfield Mews, Ordnance Road, EN3	3	Detached House
£2,300	04/24	0.39 mi	Enfield Mews, Ordnance Road, EN3	3	Flat
£2,200	04/24	0.39 mi	Aylands Road, Enfield EN3	3	Terraced House
£1,950	01/25	0.4 mi	-	3	Flat
£2,200	04/25	0.4 mi	-	3	Detached House
£3,350	03/24	0.4 mi	Ordnance Road, Enfield	3	Flat
£2,400	04/24	0.4 mi	Enfield Mews, Ordnance Road, EN3	3	Detached House
£2,200	04/24	0.41 mi	Uckfield Road, Enfield, Middlesex	3	Terraced House
£2,200	04/25	0.43 mi	-	3	Terraced House
£2,200	05/24	0.44 mi	Aylands Road, Enfield EN3	3	Terraced House
£2,025	02/25	0.48 mi	-	3	Terraced House
£2,050	12/24	0.5 mi	-	3	Terraced House
£2,180	03/25	0.5 mi	-	3	Terraced House
£2,500	04/25	0.51 mi	-	3	Semi-Detached House
£2,000	03/24	0.52 mi	Great Cambridge Road, Enfield, EN1	3	Flat
£2,100	04/24	0.52 mi	Putney Road, En3	3	Terraced House
£2,500	04/24	0.52 mi	Allandale Road, EN3	3	Terraced House
£2,100	04/24	0.54 mi	-	3	Terraced House
£2,500	03/24	0.55 mi	Stoneleigh Avenue, Enfield, EN1	3	Detached House
£2,395	01/25	0.55 mi	-	3	Flat
£2,400	01/25	0.55 mi	-	3	Flat
£2,600	03/25	0.56 mi	-	3	Terraced House
£2,400	04/25	0.56 mi	-	3	Terraced House
£2,500	03/24	0.56 mi	-	3	Semi-Detached House
£1,990	12/24	0.56 mi	-	3	Terraced House
£1,990	02/25	0.56 mi	-	3	Terraced House
£1,950	03/24	0.57 mi	Windsor Road, Enfield, EN3	3	Flat
£1,850	04/24	0.58 mi	Balmoral Road, Enfield, EN3	3	Terraced House
£2,000	11/24	0.58 mi	-	3	Flat
£2,300	02/25	0.59 mi	-	3	Terraced House

Local Area Statistics

Population in EN3	55,68755,687
Population in Enfield	130,248130,248
Town centre distance	2.67 miles away2.67 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.27 miles away0.27 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 £455,000

March 31, 2025

Floor Plans

Description

Three bedroom house +
Garage & off road parking +
Close to Turkey Street BR Station +
Close Ark John Keats Academy & Eastfield Primary School +
Chain free +
In need of organization +
Double Glazed +
Close to Albany Leisure Centre +
Sold as seen +
Moments from shops, restaurants of Hertford Road +

We are pleased to offer this three-bedroom semi-detached house with garage to side. The property is in need of complete modernization and to be sold "as seen". The property comprises a spacious through lounge, fitted kitchen, large garden, bathroom and three bedrooms. Further benefits include double glazed windows and doors, and off-road parking for several cars. The property is situated within easy reach of Turkey Street BR station (with direct links to the City), Albany Leisure Centre, Ark John Keats Academy, Eastfield Primary School as well as all the shopping and dining facilities that Hertford Road offers. Offered chain free.

Garage: 6.32m x 2.37m (20'9 x 7'9")

Double glazed entrance porch: Double glazed door & window to the front aspect

Entrance Hallway: Carpeted floor, radiator, doors leading to reception & kitchen.

Through Reception: 6.85m x 3.49m (22'6" x 11'5") Double glazed windows to front aspect, carpeted floor, 2 x radiators, double glazed patio doors to rear garden.

Kitchen: 3.12m x 1.95m (10'3" x 6'5") Double glazed windows to rear aspect, fitted wall and base units, sink, gas oven, dishwasher, fridge, vinyl floor. Door to garden.

Landing: Carpeted floor, loft hatch to loft

Master bedroom: 3.66m x 3.27m (12'0" x 10'9") Double glazed windows to front aspect, fitted wardrobes, radiator, carpeted floor.

Bedroom 2: 3.27m x 3.11m (10'9" x 10'2") Double glazed windows to rear aspect, fitted wardrobe, radiator, carpeted floor.

Bedroom 3: 2.37m x 1.84m (7'9" x 6.00") Double glazed windows to front aspect, carpeted floor.

Bathroom: 1.79m x 1.74m (5'10" x 5'9") Double glazed windows to rear aspect, corner shower cubicle, wash hand basin with storage underneath, WC, vinyl flooring.

Rear garden: Patio area and shed

Agent Details

Paul Simon Estate Agents, London

020 7046 0398

Next Steps?

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

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