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Baker Street, Enfield

London

£299,995

Listed on 01/06/2026

Property Details

Bedrooms
2
Type
Commercial Property
Area
872 sqft

Description

We present an exceptional freehold commercial property located on Baker Street, EN1, right in the vibrant center of Enfield. This substantial ground floor unit is currently vacant, offering a unique opportunity for either an investor or owner-occupier to capitalize on its potential. With the possibility of generating an estimated rental income of £28,000 to £30,000 per annum, this space is well-suited for various commercial ventures. The property features a spacious open-plan retail area complemented by two additional rooms that can serve multiple functions, such as storage or office space. The premises include WC facilities and rear service access through a service road. Notably, there’s also a summerhouse/outhouse at the back that offers further development possibilities, subject to planning permission. Benefiting from high foot traffic and close proximity to notable amenities like Palace Gardens Shopping Centre and Sainsbury's, the location is advantageous for business operations. Connectivity is seamless with Enfield Town Station within walking distance providing direct links into London Liverpool Street and numerous bus routes linking to surrounding areas. The property comes with planning permission relevant to the ground floor space, creating additional avenues for development and enhancement. Given its characteristics and location, this property presents a compelling investment opportunity with significant renovation prospects.

Investment Analysis

(EN1 area)

Below Market Value

This property is priced -33.8% below area average per sq ft

-33.8%
Potential saving
This Property
£344/sq ft
Area Average
£519/sq ft
Avg Rent (weekly)
£412
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£498,113
10% above area average per sq ft
Potential ROI
+42.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (EN1)

Area prices are rising by +2.9% over the last 12 months
3 year growth: +0.7%
5 year growth: +12.3%
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

Baker Street, Enfield
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,133
Based on a loan of £224,996 over 30 years at 4.45% 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

This calculation uses non-residential (land/commercial) tax rates.

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