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Ordnance Road, Enfield Lock, Enfield, EN3 - Image 1
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Ordnance Road, Enfield Lock, Enfield, EN3

London

£365,000
Listed on 21/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
743 sqft

Description

This two-bedroom mid-terrace property, dating back to the 1900s, presents a promising opportunity for investors or first-time buyers looking to customize their living space. With its classic bay fronted exterior, the home features UPVC double glazing and gas central heating. Inside, you'll find a generous lounge area with an L-shaped design, providing ample room for relaxation and socializing. The kitchen-breakfast room is ready for modernization, offering potential for an updated layout to suit contemporary living. The ground floor bathroom is functional but could benefit from updating to enhance comfort and style. Upstairs, both bedrooms are sizable, featuring built-in storage and natural light. The rear garden offers a blank canvas in need of cultivation, presenting the chance to create an outdoor retreat. Conveniently located near local transport links to Enfield Town and London, this property is offered chain-free and represents a viable investment opportunity with the right vision and renovation effort.

Investment Analysis

(EN3 area)

Above Market Value

This property is priced +7.8% above area average per sq ft

+7.8%
This Property
£491/sq ft
Area Average
£456/sq ft
Avg Rent (weekly)
£430
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£372,444
10% above area average per sq ft
Potential ROI
-5.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (EN3)

Area prices are rising by +4.1% over the last 12 months
3 year growth: +11.4%
5 year growth: +18.1%
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

Ordnance Road, Enfield Lock, Enfield, EN3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,293
Based on a loan of £273,750 over 30 years at 3.91% 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

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