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Somerset Road, Enfield

London

£625,000
Listed on 05/02/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1238 sqft

Description

Presenting an opportunity to acquire a spacious double-fronted semi-detached house from the 1930s, this property on Somerset Road is ripe for those looking to invest in a family home with significant potential. The house offers around 1,238 sq ft of living space, comprising four generously sized bedrooms, conducive to various living arrangements including family life or remote work setups. Currently featuring a bright reception area and two well-appointed bathrooms, it is presented in decent condition yet offers scope for personalization and enhancement. A notable advantage of this property is the existing planning permission granted in 2020 for constructing an outbuilding in the rear garden, with options for additional living space or a home office—a valuable asset for any owner wishing to expand. The extensive garden also includes alleyway access from both the sides and rear, enhancing its usability. With a considerable private driveway accommodating multiple vehicles and excellent transportation links nearby at Enfield Lock and Turkey Street stations, this home presents not only comfortable living but also promising rental prospects estimated at around £2,500 per month. For buyers interested in leveraging the property’s potential through renovation and extension, this presents an appealing investment opportunity.

Investment Analysis

(EN3 area)

Above Market Value

This property is priced +10.4% above area average per sq ft

+10.4%
This Property
£505/sq ft
Area Average
£457/sq ft
Avg Rent (weekly)
£433
Avg Yield
6.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£622,615
10% above area average per sq ft
Potential ROI
-7.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (EN3)

Area prices are stable by +1.5% over the last 12 months
3 year growth: +9.6%
5 year growth: +15.6%
Investment Disclaimer: Analysis based on EN3 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

Somerset Road, Enfield
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,230
Based on a loan of £468,750 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-3.8% since listed
£625,000£25,000(-3.8%)
22/03/2026
Current price
£650,000Initial listing
06/02/2026

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