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Wellington Road, Enfield, EN1

London

£1,695,000
Listed on 18/10/2023

Property Details

Bedrooms
5
Type
Detached
Area
2755 sqft

Description

Located within a desirable tree-lined avenue, this expansive five-bedroom Victorian detached home occupies a generous corner plot of around 0.34 acres, presenting significant renovation and investment potential. The property retains numerous charming period features while offering ample opportunity for extension or reconfiguration (subject to planning permission). Notably, it includes rear gated access leading to a sizeable driveway and a double garage/workshop. Upon entering, you're greeted by a spacious reception hallway that flows into a living room defined by an exposed brick feature wall and a bay window that frames views of the front garden. This area leads seamlessly to the side of the property where you'll find the rear garden and an inviting swimming pool terrace. Adjacent is a bright study space, perfect for home offices or creative pursuits. The kitchen diner lies at the back of the house, equipped with shaker-style units complemented by solid wood worktops and providing room for a range cooker. A convenient guest WC completes the ground floor layout. Upstairs, the first floor hosts three generously sized double bedrooms, including a principal suite featuring a south-facing bay window and an en-suite shower room. Bedrooms two and three boast built-in wardrobes for added convenience. The large family bathroom is well-appointed with a four-piece suite encompassing both a bathtub and separate tiled shower cubicle, alongside a basin vanity unit; there's also an adjacent separate WC. On the second floor are two additional bedrooms along with substantial eaves storage space. The extensive rear garden measures approximately 72 ft wide by 114 ft in length, beautifully landscaped with mature plants providing privacy around the secluded terrace and swimming pool area. At the rear sits a detached double garage along with hard standing space accessible via gated entry. The front garden is thoughtfully designed with off-street parking options amidst landscaped lawns framed by mature trees and shrubs. This property is conveniently located within walking distance to local shops, eateries, bus routes, and Bush Hill Park Railway Station which offers swift access to Liverpool Street. An excellent opportunity awaits for those looking to create their dream family home.

Investment Analysis

(EN1 area)

Above Market Value

This property is priced +18.8% above area average per sq ft

+18.8%
This Property
£615/sq ft
Area Average
£518/sq ft
Avg Rent (weekly)
£455
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,569,951
10% above area average per sq ft
Potential ROI
-12.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (EN1)

Area prices are rising by +3.3% over the last 12 months
3 year growth: +3.3%
5 year growth: +15.1%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£6,003
Based on a loan of £1,271,250 over 30 years at 3.91% 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.

Price History

-5.6% since listed
£1,695,000£55,000(-3.1%)
15/06/2024
Current price
£1,750,000£45,000(-2.5%)
09/11/2023
£1,795,000Initial listing
18/10/2023

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