3 Bed Flat, Single Let, Enfield, EN2 8QJ, £685,000
The Ridgeway, Enfield, Middlesex, EN2 8QJ - 2 views - 7 months ago
Leasehold
BTL
~112 m²





+12 photos
ValuationOvervalued
Sold Prices | £220K - £925K |
Sold Prices/m² | £3.7K/m² - £5.9K/m² |
| |
Square Metres | ~112 m² |
Price/m² | £6.1K/m² |
Value Estimate | £471,093 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £171,250 |
Stamp Duty & Legal Fees | £57,200 |
Total Cash In | £228,450 |
| |
Cash Out | |
Rent Range | £1,800 - £3,995 |
Rent Estimate | £1,975 |
Running Costs/mo | £2,556 |
Cashflow/mo | £-581 |
Cashflow/yr | £-6,967 |
Gross Yield | 3% |
Local Sold Prices
23 sold prices from £220K to £925K, average is £408K. £3.7K/m² to £5.9K/m², average is £4.5K/m².
Local Rents
20 rents from £1.8K/mo to £4K/mo, average is £2.4K/mo.
Local Area Statistics
Population in EN2 | 29,471 |
Population in Enfield | 130,248 |
Town centre distance | 0.57 miles away |
Nearest school | 0.50 miles away |
Nearest train station | 0.47 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +1% |
Sales demand | Balanced market |
Capital growth (5yrs) | +19% |
Property History
Listed for £685,000
October 1, 2024
Floor Plans

Description
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