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Davison Drive, Cheshunt

London

£389,995
Listed on 10/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
898 sqft

Description

This three-bedroom terraced house presents a solid opportunity for those looking to invest in a property with renovation potential. The home features a generously sized lounge measuring 16 feet, providing a spacious area for relaxation and entertainment. Complementing the living space is a dedicated dining room, ideal for family meals or gatherings. The property also includes a conservatory that invites natural light and extends the living area, presenting possibilities for creating an inviting indoor-outdoor environment. A kitchen and bathroom complete the interior layout, both of which could benefit from modern updates to enhance functionality and style. Outside, the west-facing garden offers ample sunlight throughout the day, making it a perfect setting for outdoor activities or gardening enthusiasts. Additionally, there is a garage available, providing convenient storage options or potential uses as a workshop. Situated in an area with strong investment appeal, this property is well-placed to benefit from local developments and improvements. Its chain-free status further simplifies the purchasing process, making it an attractive option for both investors and first-time buyers looking to make their mark on a home with significant updating potential.

Investment Analysis

(EN8 area)

Below Market Value

This property is priced -7.0% below area average per sq ft

-7.0%
Potential saving
This Property
£434/sq ft
Area Average
£467/sq ft
Avg Rent (weekly)
£359
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£461,253
10% above area average per sq ft
Potential ROI
+7.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (EN8)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -0.1%
5 year growth: 12.0%
Investment Disclaimer: Analysis based on EN8 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

Davison Drive, Cheshunt
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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
£1,429
Based on a loan of £292,496 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.

Next Steps

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