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Four-bedroom tenanted flat

Enfield, EN3 - Get Access

4 bed 1 bath

Description

We are bringing to the market this tenanted 4 bedroom flat, situated in a prime location in Enfield. The property comprises an entrance hallway, living room, kitchen, four spacious bedrooms, and a bathroom. The property benefits from a shared driveway, a spacious yard to the rear, and ample storage throughout. The property is currently tenanted at £1,800 per month (£21,600 per annum), producing a strong yield, with potential to attract £1,900 to £2,000 per month. Additionally, the property boasts excellent development potential, with plans approved for expansion to a 6-bedroom flat with private gated access. If converted to a 6-bedroom HMO, subject to gaining necessary permissions, the property could potentially achieve upwards of £48,000 per annum. Local sales evidence includes 130 Green Street, Enfield, EN3 7JE previously selling for £450,000, and 234 Green Street, Enfield, EN3 7HP previously selling for £465,000. Situated close to schools, local amenities, and transport links into London, the property is just 6 minutes from Southbury Station. Enfield, North London, is a thriving and well-connected borough that attracts families, commuters, and investors alike. With a mix of charming period homes, modern developments, and leafy green spaces such as Trent Park and Forty Hall, it offers a suburban feel with easy access to central London via fast rail and Tube links. Excellent schools, a diverse community, and strong local amenities make it a popular choice for those seeking a balanced lifestyle. Property values remain relatively affordable compared to inner London, yet show steady growth, making Enfield an appealing area for both living and long-term investment.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 527 sq ft (EPC)

This 4-bedroom flat was valued by examining local market activity right along Green Street. We reviewed recent transactions such as 130 and 234 Green Street to establish a reliable baseline price per square foot. The property's good internal condition, existing tenancy generating £1,800 per month, and approved expansion plans were then factored in to determine the final figure.

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