Drapers Road, Enfield, EN2
YR

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 %
from 606,119.00 £
Est sale value
666,409.80 £
Increased by 31.68 %
from 506,070.60 £
Average area rental value
2,100.00 £/mo
Increased by 7.91 %
from 1,946.00 £/mo
Est letting value
1,002.12 £/mo
Unchanged by 0.00 %
from 1,002.12 £/mo
Est rental Yield
3.23 %
Decreased by 16.10 %
from 3.85 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • YRT Residential created the listing.

Nearby Schools

NameTypeOfstedDistance
Chase Side Children'S CentreChildren's Centre1.21 KM
Chase Side Primary SchoolCommunity SchoolRequires improvement1.21 KM
St Michael'S Cofe Primary SchoolVoluntary Aided SchoolGood1.40 KM
Merryhills Primary SchoolCommunity SchoolGood1.45 KM
Highlands SchoolCommunity SchoolOutstanding1.56 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Cranmere Court £ 000.00 KM
Woodridge Close £ 000.00 KM
Lavender Gardens £ 512,25000.00 KM
Ripley Road £ 000.00 KM
Enfield Greenways £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Gordon Hill6028GDH0.71 KM
Enfield Chase6010ENC1.32 KM
Grange Park6029GPK2.00 KM
Enfield Town6959ENF2.49 KM
Crews Hill6007CWH2.79 KM

Nearby Listings

AddressPriceTypeScoreDistance
Avalon Close, Enfield, Middlesex, EN2 £ 299,950BUY4 / 100.05 KM
Drapers Road, Enfield, EN2 £ 1,350,000BUY7 / 100.08 KM
Avalon Close, Enfield £ 260,000BUY5 / 100.08 KM
Avalon Close, London, EN2 £ 282,500BUY6 / 100.09 KM
Avalon Close, London, EN2 £ 375,000BUY4 / 100.09 KM

Nearby Properties

AddressPriceDistance
13 Drapers Road £ 407,0000.06 KM
12 Drapers Road £ 380,0000.06 KM
2a Drapers Road £ 1,059,0000.06 KM
8 Avalon Close £ 175,0000.08 KM
22 Avalon Close £ 34,0000.08 KM