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Lavender Hill, Enfield EN2

London

£1,100,000
Listed on 01/10/2025

Property Details

Bedrooms
6
Type
Detached house
Area
2679 sqft

Description

This substantial six-bedroom detached home presents a unique opportunity for those seeking a project with considerable renovation and investment potential. Located within proximity to local amenities and efficient transport links, it offers the ideal foundation for creating an inviting family residence or enhancing its rental prospects. The layout of the ground floor includes two generous reception rooms that can be reimagined to suit various lifestyles, alongside a spacious kitchen-diner that opens directly into the garden. This setup provides ample opportunity for modernizing and redesigning the space, making it more conducive to contemporary living and entertaining. Additionally, a guest W/C adds practicality to this level. On the first floor, you’ll find six well-proportioned bedrooms, including a principal suite featuring an en-suite bathroom equipped with a walk-in shower. The remaining bedrooms are served by a family bathroom that includes both a bath and shower, allowing for flexibility in design choices as you consider updates or renovations. The south-facing rear garden is another highlight, flooded with sunlight and offering significant outdoor space that can be enhanced for leisure activities or landscaped for aesthetic appeal. The front of the property provides generous off-street parking along with a garage, ensuring convenience while also adding value. Notably, this property underwent underpinning in the late 1990s, which could allay concerns about structural integrity as you plan potential enhancements or expansions (subject to planning permissions). With its ample living space and solid construction, this home is ready for transformation into something truly special. Council Tax - G Local Authority - Enfield Tenure - Freehold

Investment Analysis

(EN2 area)

Below Market Value

This property is priced -24.6% below area average per sq ft

-24.6%
Potential saving
This Property
£411/sq ft
Area Average
£545/sq ft
Avg Rent (weekly)
£406
Avg Yield
3.4%

Renovation Potential

Est. Renovation Cost
£110,000 - £275,000
10-25% of property value
Target Value
£1,605,029
10% above area average per sq ft
Potential ROI
+16.7%
After renovation
Monthly Sales
19
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (EN2)

Area prices are falling by +6.5% over the last 12 months
3 year growth: 2.9%
5 year growth: 5.9%
Investment Disclaimer: Analysis based on EN2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Lavender Hill, Enfield EN2
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