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Park Road, Enfield

London

£450,000
Listed on 23/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1172 sqft

Description

This three-bedroom Victorian house, situated on the picturesque Park Road in Enfield, presents a compelling opportunity for those looking to invest in a property with significant renovation potential. With 1,171 square feet of living space, it features a well-balanced layout that includes two spacious reception rooms ideal for creating inviting spaces for both relaxation and entertaining. The three bedrooms are generously proportioned, making them suitable for families or those seeking to establish comfortable guest accommodations. The existing single bathroom, while in need of modernization, serves as a blank canvas where you can implement your design vision and enhance functionality. A notable asset of this home is the driveway that offers convenient off-street parking alongside side access leading to a garage in the garden. This additional structure provides ample storage solutions or the opportunity to convert it into a workshop or creative studio, catering to various needs. While the property requires updating throughout, its charm and structural integrity create an excellent foundation for personal customization. With over 100 square meters of space available, there is considerable potential to reconfigure or expand the layout according to your preferences. Located in an area with low flood risk and close proximity to local amenities, this property not only promises long-term comfort but also strong investment potential. Once renovated, it could attract rental income estimated at around £2,300 per month, making it an appealing addition to any investment portfolio. This freehold property offers a unique chance to craft a home that reflects your style while also securing solid financial returns.

Investment Analysis

(EN3 area)

Below Market Value

This property is priced -15.2% below area average per sq ft

-15.2%
Potential saving
This Property
£384/sq ft
Area Average
£453/sq ft
Avg Rent (weekly)
£421
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£583,943
10% above area average per sq ft
Potential ROI
+10.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (EN3)

Area prices are rising by +3.9% over the last 12 months
3 year growth: 9.6%
5 year growth: 21.5%
Investment Disclaimer: Analysis based on EN3 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

Park Road, 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
£1,648
Based on a loan of £337,500 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