Drapers Road, Enfield, EN2
By YRT Residential
£ 250,000
Reviews
3 out of 5 stars
YRT Residential says ..
Please note this property is being sold with a lease of circa 41 years. Benefiting from a private entrance is this generously proportioned and entirely unmodernised 1000 SQ FT (93 Sq M) two bedroom garden apartment. This flat would make an ideal investment.
Property Oracle says ..
This two-bedroom property located on Drapers Road in Enfield, EN2, is presented as a renovation project. The property boasts a substantial plot size and a garden, features that could be highly desirable once upgraded. The interior, as shown in the images, needs a complete overhaul, which will impact the overall cost. The location is favourable, with access to several train stations and schools, but not centrally located. While the asking price seems relatively low, the extensive renovation required may bring the true cost to a price closer to those of recently sold comparable properties. Potential buyers should factor in the cost of renovation and factor the length of the lease, should they not be a cash buyer. The lack of comparable square footage in nearby properties impacts precise market valuation analysis.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 7
- Land
- 6
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 1,002.12
- Lot (est)
- 2,324.68
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 780,333.00 £Increased by 28.74 %
- Est sale value
- 666,409.80 £Increased by 31.68 %
- Average area rental value
- 2,100.00 £/moIncreased by 7.91 %
- Est letting value
- 1,002.12 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.23 %Decreased by 16.10 %
- Crime Rate
- 4.00 %Unchanged by 0.00 %
Agent Activity
YRT Residential created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Chase Side Children'S Centre | Children's Centre | 1.21 KM | |
| Chase Side Primary School | Community School | Requires improvement | 1.21 KM |
| St Michael'S Cofe Primary School | Voluntary Aided School | Good | 1.40 KM |
| Merryhills Primary School | Community School | Good | 1.45 KM |
| Highlands School | Community School | Outstanding | 1.56 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Cranmere Court | £ 0 | 0 | 0.00 KM |
| Woodridge Close | £ 0 | 0 | 0.00 KM |
| Lavender Gardens | £ 512,250 | 0 | 0.00 KM |
| Ripley Road | £ 0 | 0 | 0.00 KM |
| Enfield Greenways | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Gordon Hill | 6028 | GDH | 0.71 KM |
| Enfield Chase | 6010 | ENC | 1.32 KM |
| Grange Park | 6029 | GPK | 2.00 KM |
| Enfield Town | 6959 | ENF | 2.49 KM |
| Crews Hill | 6007 | CWH | 2.79 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Avalon Close, Enfield, Middlesex, EN2 | £ 299,950 | BUY | 4 / 10 | 0.05 KM |
| Drapers Road, Enfield, EN2 | £ 1,350,000 | BUY | 7 / 10 | 0.08 KM |
| Avalon Close, Enfield | £ 260,000 | BUY | 5 / 10 | 0.08 KM |
| Avalon Close, London, EN2 | £ 282,500 | BUY | 6 / 10 | 0.09 KM |
| Avalon Close, London, EN2 | £ 375,000 | BUY | 4 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 13 Drapers Road | £ 407,000 | 0.06 KM |
| 12 Drapers Road | £ 380,000 | 0.06 KM |
| 2a Drapers Road | £ 1,059,000 | 0.06 KM |
| 8 Avalon Close | £ 175,000 | 0.08 KM |
| 22 Avalon Close | £ 34,000 | 0.08 KM |