Tramway Avenue, Edmonton, Enfield
London
£365,000
Listed on 15/10/2026
Listed on 15/10/2026
The listing
Property details
Bedrooms
2Type
End Of TerraceArea
863 sqftFeatures
- Garden
Description
A freehold two-bedroom house arranged over two floors, with approximately 863 sq ft of accommodation. The ground floor includes an entrance hall, living room, separate dining room, kitchen, bathroom and a lean-to, with two bedrooms upstairs. The property is offered for modernisation and has stated planning permission for a six-metre rear extension. The rear garden measures approximately 11.80m by 4.55m. Located in a cul-de-sac off Hertford Road, it is within reach of local shops, Edmonton, Ponders End and Bush Hill Park stations, and Jubilee Park. The EPC rating is D and the council tax band is C.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
57out of 100
Grade DWeak opportunity
Confidence: MEDIUM
At £365,000, this is priced below the local average per square foot, giving a project buyer a cheaper entry point. The two-bedroom freehold has usable living spaces and a clear improvement canvas: modernising the dated finishes, updating the kitchen and bathroom, and clearing and repairing the overgrown rear garden. The listing also states that planning permission has been granted for a six-metre rear extension, though the documents and feasibility have not been checked.
The overall opportunity is still weak because purchase plus the £45,000–£75,000 renovation range looks tight against local benchmarks; the engine’s £60,000 midpoint comparison is already above the implied current local average value. The dated roofline and open or incomplete-looking lean-to roof structure merit investigation, as the photos do not establish the main roof’s condition.
Key opportunities
- Acquire below the local average asking price per square foot.
- Create value through a modernisation project, including refreshed interiors and a more functional rear garden.
- The listing states that planning permission is granted for a six-metre rear extension; verify the permission and feasibility.
Key risks
- The lean-to roof structure appears open or incomplete, and the main roof condition is not established by the photos.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,379
Based on a loan of £273,750 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.
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