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Belmont Close EN4

London

£350,000

Listed on 31/05/2026

Property Details

Bedrooms
2
Type
Flat
Area
701 sqft

Description

This two-bedroom ground-floor flat in Belmont Close, Cockfosters, represents a notable investment opportunity for cash buyers looking for a comprehensive renovation project. The property boasts a spacious layout, highlighted by a large reception room exceeding 20 feet in length, which offers the potential for modern entertainment or relaxation spaces. Adjacent to the living area is a separate kitchen, inviting possibilities for an open-plan redesign pending appropriate permissions. Both bedrooms are positioned at the rear of the flat, ensuring tranquility and privacy, while the centrally located bathroom adds convenience. The hallway provides additional storage options. Despite the need for complete refurbishment, the flat’s generous proportions and practical design offer a promising foundation to create a contemporary living space tailored to personal tastes. Moreover, residents benefit from access to communal gardens, enhancing outdoor enjoyment. Located in Cockfosters—a desirable North London area—this property is within walking distance of Cockfosters Underground Station on the Piccadilly Line, ensuring excellent transport connections to Central London and beyond. The vibrant community is enriched by independent shops, cafés, and restaurants along Cockfosters Road. Nearby Trent Park provides ample green space for outdoor activities and leisure pursuits. Families will appreciate the presence of well-regarded schools in this friendly neighbourhood and easy access to major road links like the M25.

Investment Analysis

(EN4 area)

Below Market Value

This property is priced -20.2% below area average per sq ft

-20.2%
Potential saving
This Property
£499/sq ft
Area Average
£626/sq ft
Avg Rent (weekly)
£511
Avg Yield
3.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£482,477
10% above area average per sq ft
Potential ROI
+17.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (EN4)

Area prices are falling by -3.1% over the last 12 months
3 year growth: +1.4%
5 year growth: -1.8%
Investment Disclaimer: Analysis based on EN4 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

Belmont Close EN4
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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
£1,322
Based on a loan of £262,500 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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