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Wellington Road, Enfield, EN1 - Image 1
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Wellington Road, Enfield, EN1

London

£1,695,000
Listed on 16/06/2024

Property Details

Bedrooms
5
Type
Detached house
Area
2755 sqft

Description

This detached Victorian residence offers a unique opportunity for renovation and investment, nestled within a sought-after tree-lined avenue on a generous corner plot of approximately 0.34 acres. With an abundance of original period features intact, this property stands ready for modernization or expansion, pending planning approval. The spacious ground floor begins with an inviting reception hallway that leads to a living room characterized by its exposed brick wall and large bay window overlooking the front garden. Adjacent to the lounge is a bright study, perfect for a home office or reading nook, while the kitchen diner at the rear provides ample space with shaker-style cabinetry and solid wood countertops, plus room for a range cooker. Completing this level is a convenient guest WC. On the first floor, you'll find three well-proportioned double bedrooms. The principal suite boasts a south-facing bay window along with an en-suite shower room, while the other two bedrooms feature built-in wardrobes. The family bathroom comes equipped with a four-piece suite that includes both a separate walk-in shower and bathtub, accompanied by an additional separate WC for convenience. The second floor accommodates two more bedrooms alongside generous eave storage options, further enhancing this home's potential as an expansive family dwelling or multi-generational living space. Outside, the rear garden measures approximately 72 feet wide and extends 114 feet in length, featuring mature plantings and shrubs that create a serene atmosphere. The private terrace includes access to a south-facing swimming pool—a rare amenity in residential properties—and there’s also a detached double garage with hard standing and gated access at the back of the garden. The front of the property includes landscaped grounds offering off-street parking amidst mature trees and manicured lawns. Located within walking distance of local shops, restaurants, bus routes, and Bush Hill Park Railway Station—providing easy access to Liverpool Street—this home combines suburban tranquility with urban convenience. This property not only holds historic charm but also presents significant potential for future enhancement in one of the area’s desirable neighborhoods.

Investment Analysis

(EN1 area)

Above Market Value

This property is priced +20.8% above area average per sq ft

+20.8%
This Property
£615/sq ft
Area Average
£509/sq ft
Avg Rent (weekly)
£396
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,543,282
10% above area average per sq ft
Potential ROI
-20.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (EN1)

Area prices are rising by +4.5% over the last 12 months
3 year growth: 4.3%
5 year growth: 19.4%
Investment Disclaimer: Analysis based on EN1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Wellington Road, Enfield, EN1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£6,209
Based on a loan of £1,271,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE