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Hammond Road, Enfield

London

£400,000
Listed on 18/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
800 sqft

Description

This mid-terrace property presents an appealing investment opportunity in a desirable Enfield location. Spanning around 990 square feet, the house features three spacious bedrooms and two bathrooms, catering well to families or those seeking rental potential. Built in the 1950s, it combines vintage character with ample living space suited for modern lifestyles. The expansive garden offers significant potential for enhancement, whether for leisure activities or possible extensions, pending planning approval. Well-positioned within the sought-after EN1 postcode, residents will benefit from easy access to essential amenities, schools, and transport links. The chain-free status simplifies the purchasing process and the recently received probate certificate can expedite proceedings further. This property is an attractive prospect for both homebuyers looking to personalize their space and investors aiming to capitalize on its renovation potential.

Investment Analysis

(EN1 area)

Below Market Value

This property is priced -1.8% below area average per sq ft

-1.8%
Potential saving
This Property
£500/sq ft
Area Average
£509/sq ft
Avg Rent (weekly)
£396
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£448,140
10% above area average per sq ft
Potential ROI
-0.4%
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

Hammond 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
£1,465
Based on a loan of £300,000 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE