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Drakes Close, Cheshunt, Hertfordshire, EN8 0PL - Image 11

Drakes Close, Cheshunt, Hertfordshire, EN8 0PL

London

£475,000
Listed on 25/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
484 sqft

Description

Nestled in the sought-after Drakes Close area of Cheshunt, this three-bedroom end-of-terrace home stands out not just for its present condition, but also for its remarkable renovation potential. While the property is currently well-maintained and features an extended rear that enhances the living space, there remains ample opportunity for further development. With planning permissions, you could consider expanding the existing rear extension or converting the garage to create additional living space. The loft access also presents a possibility for conversion into a fourth bedroom or office, subject to consent. The layout is practical and adaptable, with a guest WC on the ground floor and an open-plan lounge/dining area that is flooded with natural light. Upstairs, three spacious bedrooms are complemented by a modern family bathroom. The south-facing garden offers an inviting outdoor retreat along with a summer house—perfect for use as a home office or gym. Conveniently situated close to Cheshunt BR Station, local amenities, and within walking distance of recreational areas like River Lee Country Park, this property not only provides immediate comfort but also promises significant long-term investment potential. This home is truly ideal for those looking to make their mark through thoughtful renovations.

Investment Analysis

(EN8 area)

Above Market Value

This property is priced +111.1% above area average per sq ft

+111.1%
This Property
£981/sq ft
Area Average
£465/sq ft
Avg Rent (weekly)
£373
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£247,566
10% above area average per sq ft
Potential ROI
-52.8%
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
27%
Properties sold annually

Local Market Trend (EN8)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -1.0%
5 year growth: +12.5%
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

Drakes Close, Cheshunt, Hertfordshire, EN8 0PL
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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
£1,713
Based on a loan of £356,250 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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