Velocity Way, Enfield
KI

Velocity Way, Enfield

By Kings Group

£ 230,000

Reviews

3 out of 5 stars

Kings Group says ..

KINGS GROUP offer nestled in a gated private estate, this lovely flat offering the luxury of a secure, private residents' parking area with allocated space (Bay 54), providing both convenience and peace of mind for all who live here. With a LONG LEASE of over 900 years, this property is an ideal ...

Property Oracle says ..

The property is a one-bedroom, one-bathroom flat located in Enfield Lock, Enfield, within the London Borough of Enfield. The flat is part of a modern development, as evidenced by the building’s exterior and interior photographs. The property benefits from a private balcony and access to communal green spaces. The location is convenient, with Enfield Lock train station within walking distance, providing easy access to central London. Several primary and secondary schools are located nearby, offering families a good selection of educational options. The property’s condition appears to be excellent, with modern fixtures and fittings throughout. The open-plan kitchen and living area is well-designed and functional. The lack of plot size information prevents a detailed assessment of the land aspect. However, the images show access to communal gardens. Considering the average price per square foot in the area (£470) and the property’s size (453.16 sqft), a rough estimate of the property’s value would be around £212,950. The list price of £230,000 is slightly higher than this estimate. However, given the property’s modern condition, convenient location, and access to communal green spaces, the list price appears reasonable, especially when compared to similar properties in the area. Nearby comparable properties range in price from £225,000 to £295,000, supporting the reasonableness of the listing price.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
8
Land
6
Bedrooms
1
Bathrooms
1
Sqft (est)
453.16

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
280,712.00 £
Decreased by 9.20 %
from 309,162.00 £
Est sale value
188,967.72 £
Increased by 9.74 %
from 172,200.80 £
Average area rental value
1,920.00 £/mo
Increased by 9.90 %
from 1,747.00 £/mo
Est letting value
906.32 £/mo
Unchanged by 0.00 %
from 906.32 £/mo
Est rental Yield
8.21 %
Increased by 21.09 %
from 6.78 %
Crime Rate
16.00 %
Unchanged by 0.00 %
from 16.00 %

Agent Activity

  • Kings Group created the listing.

Nearby Schools

NameTypeOfstedDistance
Prince Of Wales Childrens CentreChildren's Centre0.20 KM
Freshsteps Independent SchoolOther Independent SchoolOutstanding0.23 KM
Oasis Academy EnfieldAcademy Sponsor LedGood0.23 KM
Prince Of Wales Primary SchoolCommunity SchoolGood0.33 KM
Oasis Academy EnfieldChildren's Centre Linked Site0.34 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Electric Avenue £ 000.00 KM
Salisbury Road £ 344,97500.00 KM
King Henry's Mews £ 375,00000.00 KM
Soper Mews £ 000.00 KM
River Close £ 360,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Enfield Lock6815ENL0.72 KM
Waltham Cross6823WLC1.59 KM
Brimsdown6810BMD2.02 KM
Theobalds Grove6949TEO2.73 KM
Turkey Street6952TUR2.79 KM

Nearby Listings

AddressPriceTypeScoreDistance
Velocity Way, Enfield £ 230,000BUY7 / 100.00 KM
Velocity Way, Franklin House, EN3 £ 240,000BUY6 / 100.00 KM
Velocity Way, Enfield, EN3 £ 250,000BUY6 / 100.01 KM
Hubble House, Velocity Way, Enfield £ 295,000BUY6 / 100.01 KM
Faraday House, Velocity Way, Enfield £ 225,000BUY6 / 100.03 KM

Nearby Properties

AddressPriceDistance
367 Ordnance Road £ 210,0000.11 KM
260 Ordnance Road £ 200,0000.11 KM
272 Ordnance Road £ 225,0000.11 KM
266 Ordnance Road £ 66,0000.11 KM
351 Ordnance Road £ 300,0000.11 KM