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Hammond Road, Enfield - Image 1
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Hammond Road, Enfield

London

£400,000
Listed on 17/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
800 sqft

Description

This mid-terrace house on Hammond Road presents a significant opportunity for both families and investors looking to tap into the potential of a 1950s build in the desirable Enfield area. Spanning roughly 990 square feet, the property features three spacious bedrooms and two bathrooms, catering well to modern living requirements. The generous garden provides ample space not only for outdoor leisure but also for possible expansion, subject to obtaining planning permission. Located within the sought-after EN1 postcode, residents will enjoy easy access to local amenities, reputable schools, and transport links. The property is being sold chain-free, streamlining the purchasing process for interested buyers. Additionally, with a grant of probate already secured, this can facilitate an expedited transaction. Council tax band C indicates manageable living expenses for future occupants. With its combination of good location and abundant potential for enhancement or personalisation, this house stands out as an attractive option in today's market.

Investment Analysis

(EN1 area)

Below Market Value

This property is priced -2.4% below area average per sq ft

-2.4%
Potential saving
This Property
£500/sq ft
Area Average
£512/sq ft
Avg Rent (weekly)
£409
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£450,956
10% above area average per sq ft
Potential ROI
+2.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (EN1)

Area prices are rising by +2.2% over the last 12 months
3 year growth: +2.4%
5 year growth: +16.7%
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

Hammond Road, Enfield
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,443
Based on a loan of £300,000 over 30 years at 4.06% 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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