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Alma Road, Enfield London EN3

London

£425,000

Listed on 13/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1386 sqft

Description

This three-bedroom home represents an excellent opportunity for renovation and investment, situated on a desirable road in a well-established residential neighborhood. The property offers a practical layout, comprising a spacious living room, separate dining area, and an extended kitchen with direct access to the garden. The ground floor also includes a handy WC, while the first floor features three bedrooms along with a family bathroom. The sizeable rear garden provides ample outdoor space, complemented by a garage accessible via a service road. Potential exists to enhance the front garden for off-street parking (subject to planning consent), adding further value. Located near reputable schools like Brimsdown and Oasis Academy Hadley, this property is ideal for families. Commuters will appreciate its proximity to Brimsdown, Ponders End, and Southbury train stations, which offer excellent transport links into Central London. Given its need for modernisation, this house is a perfect blank canvas for buyers wanting to personalise their living space or those looking at buy-to-let options with potential rental yields estimated around £24,000–£25,000 annually. This chain-free offering allows for quick and easy transactions.

Investment Analysis

(EN3 area)

Below Market Value

This property is priced -32.5% below area average per sq ft

-32.5%
Potential saving
This Property
£307/sq ft
Area Average
£454/sq ft
Avg Rent (weekly)
£444
Avg Yield
6.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£692,854
10% above area average per sq ft
Potential ROI
+45.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (EN3)

Area prices are stable by +0.6% over the last 12 months
3 year growth: +9.2%
5 year growth: +14.9%
Investment Disclaimer: Analysis based on EN3 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

Alma Road, Enfield London EN3
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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
£1,606
Based on a loan of £318,750 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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