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Hansart Way, The Ridgeway, Enfield, EN2

London

£135,000

Listed on 17/07/2026

Property details

Bedrooms
1
Type
Ground Flat
Area
517 sqft

Description

This ground floor one-bedroom apartment, situated in an established residential block off The Ridgeway in Enfield Town, presents a significant renovation opportunity for investors or cash buyers. The property is in need of comprehensive refurbishment throughout, allowing for customization to modern standards. With convenient access to Gordon Hill railway station and nearby Enfield Town, which offers a variety of dining and retail options, the location is appealing for potential tenants or future resale. The layout includes a reception hallway that leads to a spacious lounge, a kitchen with base and eye-level units requiring upgrades, a bathroom in need of complete refurbishment, and a generously sized bedroom. Additionally, communal gardens and permit parking are available for residents. This apartment comes with approximately 40 years remaining on the leasehold, making it essential for interested parties to conduct their own investigations. It is offered chain-free, enhancing its attractiveness to buyers looking to invest in this vibrant area.

Investment analysis

(EN2 area)

Below Market Value

This property is priced -52.8% below area average per sq ft

-52.8%
Potential saving
This Property
£261/sq ft
Area Average
£553/sq ft
Avg Rent (weekly)
£421
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£20,000 - £30,000
Target Value
£314,292
10% above area average per sq ft
Potential ROI
+90.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (EN2)

Area prices are rising by +7.1% over the last 12 months
3 year growth: -0.2%
5 year growth: +7.8%
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

Hansart Way, The Ridgeway, Enfield, EN2
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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
£510
Based on a loan of £101,250 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

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