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Baker Street, Enfield

London

£675,000
Listed on 19/09/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1657 sqft

Description

This mixed-use property presents a promising opportunity for investors and developers in the dynamic area of Enfield, North London. Offering both commercial and residential components, the property is currently fully vacant, allowing for immediate occupancy or reconfiguration to suit various needs. Located on Baker Street, the site enjoys high foot traffic and convenient access to an array of local amenities. The neighborhood features numerous shops, cafés, schools, and supermarkets, making it an attractive spot for both residents and businesses. Enfield Town Station is just a short walk away, providing direct train services to London Liverpool Street, along with a number of bus routes linking to Edmonton, Tottenham, and Central London. The ground floor features a spacious open-plan retail space that lends itself well to multiple business types (subject to planning permission). This commercial area includes two additional rooms at the back that can be utilized for storage or office space. A WC facility is also located at the rear. Furthermore, the property benefits from a service road at the back for easy deliveries and staff access. An outdoor summerhouse/outhouse adds another layer of potential uses—whether as additional workspace or possibly for further development (subject to planning approval). Above the commercial unit lies a self-contained three-bedroom flat with its own private entrance. The flat consists of three sizeable bedrooms, a separate kitchen and living area, as well as a bathroom and WC. With some renovation work, this space could provide significant rental income or serve as comfortable living quarters. Given its favorable location and mixed-use capabilities, this property holds substantial investment potential while offering various options for future enhancements.

Investment Analysis

(EN1 area)

Below Market Value

This property is priced -20.0% below area average per sq ft

-20.0%
Potential saving
This Property
£407/sq ft
Area Average
£509/sq ft
Avg Rent (weekly)
£396
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£928,210
10% above area average per sq ft
Potential ROI
+22.9%
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

Baker Street, Enfield
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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
£2,473
Based on a loan of £506,250 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