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241 Green Street, Enfield EN3 7SJ, On Instructions of Fixed Charge Receivers - Image 1
241 Green Street, Enfield EN3 7SJ, On Instructions of Fixed Charge Receivers - Image 2
241 Green Street, Enfield EN3 7SJ, On Instructions of Fixed Charge Receivers - Image 3

241 Green Street, Enfield EN3 7SJ, On Instructions of Fixed Charge Receivers

London

£4,000,000
Listed on 13/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property is located in Brimsdown and encompasses a generally rectangular plot of approximately 0.45 hectares (1.11 acres). Bounded by Green Street and Enstone Road to the north and west, and adjacent to the National Rail railway line to the east, it presents a strategic position for various redevelopment or renovation opportunities. Previously occupied by Ripmax, the site has become available due to their operational downsizing. The property includes two vacant structures: a mixed-use unit and a single-storey warehouse, totaling around 35,717 square feet (3,318 square meters) of gross internal area. The mixed-use building features a two-storey layout with ground floor warehouse space and upper-level offices under a flat felt roof. While currently in poor condition, this unit holds considerable potential for renovation and repurposing to meet modern usage demands. The single-storey warehouse is constructed with a robust portal frame design and clad in metal profile sheeting. It benefits from natural light through approximately 15% roof lights and features two ground-level loading doors leading to a dedicated loading yard. The property also includes around 30 car parking spaces, enhancing its usability for various commercial endeavors. With an existing industrial planning use class of B8, this site offers flexibility for future development or investment diversification. Its secure fencing and absence of restrictions on hours of operation further enhance its appeal for potential investors or developers looking for opportunities in the area. The location is advantageous with residential areas situated to the south and west, alongside a small parade of retail units directly to the north. Proximity to local amenities is significant, with Enfield town centre just approximately 3.2 kilometers (2 miles) east and Brimsdown Primary School conveniently located nearby on Green Street. Transport connectivity is another strong point; the M25 motorway lies about 4.8 kilometers (3 miles) to the north, while Brimsdown rail station is only 140 meters away, offering direct services into Central London—the average journey time being just over 20 minutes (Source TfL). This combination of factors positions the property as an appealing prospect for renovation or redevelopment within a rapidly evolving area.

Investment Analysis

(EN3 area)
Area Average
£453/sq ft
Avg Rent (weekly)
£421
Avg Yield
6.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£800,000 - £1,200,000
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

241 Green Street, Enfield EN3 7SJ, On Instructions of Fixed Charge Receivers
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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
£14,653
Based on a loan of £3,000,000 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