4-bedroom terraced house · EN3 7AR
For saleReduced £60k (−7.1%) on 9 FebListed 982 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*potential to extend* This 4 bedroom end of terrace house dates back to the late 1800's and in its original build of a three storey property.
Sitting on a large plot on the road boasting a very impressive 150' rear garden and the added benefit of 12' of room to side housing a double garage offering the potential for further development (subject to usual planning permission by local authority).
The accommodation comprises of two interconnecting reception rooms with access to the rear garden, a further third reception room with side bay window and offering access to the fitted kitchen.
Leading off this to the rear is a conservatory/utility room with WC leading off and further exit route to the garden.
The first floor has an impressive master bedroom with fitted wardrobes, two further well-proportioned double bedrooms, a spacious family bathroom and ample built in storage in the landing space.
On the second floor is a purpose built spacious double bedroom with fitted wardrobes and small dormer window to rear and eaves storage, this room could be made larger with a full width dormer and benefit from the installation of front skylight windows.
The rear garden is fabulous with the side double garage measuring 20' x 12' and then a large side patio area with side pedestrian gate, a large lawn area, and to the rear a further patio with pond and two large outbuildings/workshops with power and light.
The property has been re-wired, re-pointed and re-roofed and the frontage is paved for off road parking.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 128, Nags Head Road, Enfield
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