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Lackmore Road, Enfield

London

£425,000
Listed on 23/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
972 sqft

Description

This three-bedroom family home, spanning approximately 972 sq. ft. over two levels, presents a compelling opportunity for those seeking to invest in a property with significant renovation potential. The house is being offered chain-free and requires modernisation throughout, making it an ideal project for buyers looking to craft their dream home or a lucrative rental investment. The ground floor is highlighted by a spacious bay-fronted living room and a kitchen/diner that overlooks the rear garden, complete with hallway access and useful storage solutions. There is considerable potential to reconfigure or extend this layout (subject to planning permission), particularly for those interested in creating an inviting open-plan space suitable for modern living. On the upper level, you'll find three bedrooms: two sizable doubles and a single that serves well as a nursery, study, or home office. A shower room and separate WC round out the first-floor accommodations. Located within half a mile of reputable primary and secondary schools as well as local shops, cafés, and amenities, this property benefits from both convenience and accessibility, including nearby mainline train services into central London. The proximity to parks and recreational facilities further enhances its appeal for families and commuters alike.

Investment Analysis

(EN1 area)

Below Market Value

This property is priced -14.7% below area average per sq ft

-14.7%
Potential saving
This Property
£437/sq ft
Area Average
£512/sq ft
Avg Rent (weekly)
£409
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£547,912
10% above area average per sq ft
Potential ROI
+15.3%
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
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

Lackmore 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
£1,533
Based on a loan of £318,750 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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