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Alma Road, ENFIELD

London

£505,000

Listed on 29/09/2026

The listing

Property details

Bedrooms
3
Type
End Of Terrace
Area
1034 sqft

Description

Nestled on the sought-after Alma Road in Enfield, this semi-detached house offers a unique opportunity for families and investors. With a generous floor area of 1,034 square feet, the property features two spacious reception rooms, ideal for both entertaining and relaxing. The three well-proportioned bedrooms provide ample space for comfortable living, complemented by a conveniently located bathroom. Constructed in the 1950s, this home retains its classic charm while integrating modern conveniences, including a new boiler system installed about a year ago. The loft has been boarded and insulated, presenting potential for additional storage or even further development, subject to planning permission. A side garage enhances the practicality of the property, providing extra space for vehicles or hobbies. The driveway adds to the appeal, offering off-street parking in a quiet yet conveniently located area. Residents will appreciate the proximity to Southbury, Brimsdown, and Ponders End stations, which provide excellent transport links to London City and its airports, making commuting effortless. With a council tax band of D and an Energy Performance Certificate rating of D, this property is not only a comfortable home but also a sound investment. Potential landlords can expect a rental value between £2,400 and £2,500 per calendar month.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

41out of 100
Grade ELow opportunity

Confidence: MEDIUM

This semi-detached house on Alma Road presents a substantial renovation project with plenty of potential for those willing to invest time and resources. While the asking price of £505,000 comes in below the local average at £488/sqf, the overall economics may stretch your budget when factoring in the estimated renovation costs, which range from £40,000 to £80,000. This brings the all-in costs to around £565,000, which is above the local average value for similar properties, suggesting a negative margin.

The interior showcases dated finishes and areas of wear, particularly in the living spaces and bedrooms, while the kitchen and bathroom both show signs of age. The garden is notably overgrown, requiring significant maintenance. However, the sound exterior structure and good roof condition provide a solid foundation for the work ahead. With good transport links and the potential for a loft conversion, this property offers a canvas for improvement in a convenient location. Prospective buyers should carefully consider the financials before proceeding, as the renovation budget combined with the purchase price may leave limited room for profit in this venture.

Key opportunities

  • Potential for a loft conversion to increase living space
  • Sound brickwork and roof condition providing a solid base for renovations
  • Two spacious reception rooms that can be modernized to enhance appeal

Key risks

  • The all-in costs could exceed local benchmarks, reducing potential profit margins

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Map

Location

Alma Road, ENFIELD
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,908
Based on a loan of £378,750 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.

Tax

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Indicative tax based on the asking price and the options you select.

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