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Oak Avenue, Enfield

London

£950,000
Listed on 05/07/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1628 sqft

Description

This substantial four-bedroom detached house presents a unique opportunity for renovation and investment. Situated in a desirable turning just off Enfield Ridgeway, the property is conveniently located near The Wren Academy Secondary School and One Degree Primary School, making it ideal for families. Additionally, Gordon Hill Overground Station is within walking distance, offering easy access to central London, while the nearby M25 ensures straightforward road connections. The home exhibits generous living spaces, comprising two reception rooms and a spacious kitchen/breakfast room that encourages family engagement. The layout includes an entrance porch leading into a welcoming hallway, which connects to the various rooms on the ground floor. The first reception room features a traditional fireplace and large windows that fill the space with natural light. The second reception room boasts original brickwork and wooden ceiling beams, adding character to the home. Upstairs, you'll find four well-proportioned bedrooms along with a family bathroom that contains both a corner bath and step-in shower. Each bedroom benefits from fitted carpets and ample natural light, providing comfortable sleeping quarters or the potential for further transformation. The property sits on a sizable plot with an approximately 80ft rear garden that offers outdoor potential for landscaping or expansion—subject to relevant planning permissions. The garden features a patio area as well as a central lawn and rockery, creating an inviting outdoor space. Additionally, there’s side access leading to a single garage with an up-and-over door. A brick-paved driveway at the front provides off-street parking for multiple vehicles. This property's combination of location, space, and renovation potential makes it an appealing prospect for investors looking to capitalize on its inherent value while also allowing homeowners to create their dream residence.

Investment Analysis

(EN2 area)

Above Market Value

This property is priced +5.5% above area average per sq ft

+5.5%
This Property
£584/sq ft
Area Average
£553/sq ft
Avg Rent (weekly)
£401
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£990,223
10% above area average per sq ft
Potential ROI
-2.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (EN2)

Area prices are falling by +14.8% over the last 12 months
3 year growth: -6.4%
5 year growth: -4.4%
Investment Disclaimer: Analysis based on EN2 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

Oak Avenue, 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
£3,480
Based on a loan of £712,500 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.

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