2-bedroom terraced house · EN3 7FH
Sold STCReduced £10k (−2.4%) on 7 OctListed 35 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within an ever-popular modern development, this two-bedroom end-terrace home combines contemporary styling with a practical layout designed for everyday life.
The entrance hall leads to a sleek separate fitted kitchen, finished with generous worktop space and storage, while a downstairs cloakroom adds useful convenience for guests and busy households.
To the rear, the spacious lounge/dining room forms the heart of the home, with plenty of room for distinct seating and dining areas and double doors drawing in natural light while opening directly onto the garden.
Outside, the approximately 31ft rear garden is mainly laid to lawn, with fencing to the boundaries and space for outdoor dining, play or relaxed summer evenings.
The first floor is arranged around two well-proportioned bedrooms, including a generous principal room, alongside a modern family bathroom.
An external store to the front also offers further practical space for bikes, tools or everyday essentials. The property also benefits from allocated parking, as well as solar panels.
With a bright interior, generous room proportions and an easy flow between living space and garden, this is a well-balanced home that works equally well for first-time buyers, couples or a small family.
A Note on the Area... Magnetic Crescent is well placed for Enfield Lock station, around 400 metres away, with useful, direct rail links towards central London and wider connections.
Local primary schools add practical appeal for families while shops, cafes and dining options can be found along Ordnance Road and Hertford Road.
Green space is within easy reach too, with canalside walks and the nearby riverside landscape offering room for running, cycling and weekends outdoors.
For coffee close to home, Blanco on Ordnance Road is a convenient local stop, with restaurants and takeaways also within the area.
Please Note: We are advised by our vendor that there is an estate charge payable of approximately £60 per month.
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 16, Magnetic Crescent, Enfield
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