Sold Flat

FLAT 7

SEACOLE LODGE, 80, PENNINGTON DRIVE, LONDON, LONDON, GREATER LONDON N21 1TR

2 beds 1 baths 689 sq ft Listed 1 Oct 2024 (-657d)

£345,000

Reduced on 2 Jan 2025

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# 2 bedroom flat for sale (N21 1TR)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 7, SEACOLE LODGE, 80, PENNINGTON DRIVE, LONDON, LONDON, GREATER LONDON N21 1TR |
| Price | £345,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1996-2002 |
| Floor area | 64 m² |
| Last sold | £219,995 Sep 2006 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 07/10/2030
- **Current heating cost:** £388/year
- **Est. upgrade cost to C:** £10,010

### Recommendations
- W2 (£4,000 - £6,000)
- D (£80 - £120)
- E (£10)
- O (£3,300 - £6,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0980-0920-4200-7910-7204)

## Description

Addison Townsend are pleased to offer this two bedroom flat located in the quiet residential estate, Highlands Village. The flat offers; fitted kitchen, reception room, two bedrooms, family shower room, storage and allocated parking. The property is located within close proximity to Eversley Primary School, Grange Park Primary School, Merryhills Primary School and Highlands Secondary School while also being close to bus routes, shops & supermarkets. The property is being sold on a chain free basis.

## Property Photos

- ![Two Bedroom Flat For Sale](/listings/photos/153220139/1221007) - Two Bedroom Flat For Sale
- ![Gallery](/listings/photos/153220139/1221008) - Gallery
- ![Gallery](/listings/photos/153220139/1221009) - Gallery
- ![Gallery](/listings/photos/153220139/1221010) - Gallery
- ![Gallery](/listings/photos/153220139/1221011) - Gallery
- ![Gallery](/listings/photos/153220139/1221012) - Gallery
- ![Gallery](/listings/photos/153220139/1221015) - Gallery
- ![Gallery](/listings/photos/153220139/1221016) - Gallery
- ![Gallery](/listings/photos/153220139/1221019) - Gallery
- ![Gallery](/listings/photos/153220139/1221020) - Gallery
- ![Gallery](/listings/photos/153220139/1221022) - Gallery
- ![Gallery](/listings/photos/153220139/1221024) - Gallery
- ![Gallery](/listings/photos/153220139/1221026) - Gallery
- ![Gallery](/listings/photos/153220139/1221028) - Gallery

## Floorplans

- ![Floor Plan](/listings/photos/153220139/1221030) - Floor Plan

## EPC Graphs

- ![EPC](/listings/photos/153220139/1221032) - EPC

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| SEACOLE LODGE, 80 FLAT 7 PENNINGTON DRIVE, LONDON, ENFIELD, GREATER LONDON, N21 1TR | £219,995 | 29/09/2006 | Flat |
| SEACOLE LODGE, 80 FLAT 7 PENNINGTON DRIVE, LONDON, ENFIELD, GREATER LONDON, N21 1TR | £179,000 | 03/03/2003 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 45 PENNINGTON DRIVE, LONDON, ENFIELD, GREATER LONDON, N21 1TE | £137,500 | 18/12/2025 | Flat |
| 40 BLACKWELL CLOSE, LONDON, ENFIELD, GREATER LONDON, N21 1UL | £345,000 | 09/12/2025 | Flat |
| PENROSE HOUSE, 16 FLAT 15 NEWSHOLME DRIVE, LONDON, ENFIELD, GREATER LONDON, N21 1TW | £381,000 | 28/11/2025 | Flat |
| CURIE LODGE, 86 FLAT 5 PENNINGTON DRIVE, LONDON, ENFIELD, GREATER LONDON, N21 1TQ | £405,000 | 11/07/2025 | Flat |
| SUTTON HOUSE, 1 FLAT 1 HANSEN DRIVE, LONDON, ENFIELD, GREATER LONDON, N21 1SB | £302,000 | 07/01/2025 | Flat |
| CURIE LODGE, 86 FLAT 1 PENNINGTON DRIVE, LONDON, ENFIELD, GREATER LONDON, N21 1TQ | £300,000 | 16/12/2024 | Flat |
| [Same street] SEACOLE LODGE, 80 FLAT 2 PENNINGTON DRIVE, LONDON, ENFIELD, GREATER LONDON, N21 1TR | £287,500 | 02/02/2024 | Flat |
| BALLENTYNE COURT, 17 FLAT 9 NEWSHOLME DRIVE, LONDON, ENFIELD, GREATER LONDON, N21 1UF | £330,000 | 08/12/2023 | Flat |
| 36 ANDERSON CLOSE, LONDON, ENFIELD, GREATER LONDON, N21 1TH | £390,000 | 29/09/2023 | Flat |
| BEVERIDGE COURT FLAT 10 PENNINGTON DRIVE, LONDON, ENFIELD, GREATER LONDON, N21 1SY | £345,000 | 01/09/2023 | Flat |
| 8 HIGHLANDS AVENUE, LONDON, ENFIELD, GREATER LONDON, N21 1UG | £710,000 | 04/08/2023 | Flat |
| MACKENSIE COURT, 11 FLAT 2 HIGHLANDS AVENUE, LONDON, ENFIELD, GREATER LONDON, N21 1UA | £350,000 | 30/06/2023 | Flat |
| PRINGLE HOUSE, 18 FLAT 13 NEWSHOLME DRIVE, LONDON, ENFIELD, GREATER LONDON, N21 1TX | £335,000 | 03/05/2023 | Flat |
| 37 BLACKWELL CLOSE, LONDON, ENFIELD, GREATER LONDON, N21 1UL | £360,000 | 28/04/2023 | Flat |
| 29 BLACKWELL CLOSE, LONDON, ENFIELD, GREATER LONDON, N21 1UL | £385,000 | 03/04/2023 | Flat |
| 40 BLACKWELL CLOSE, LONDON, ENFIELD, GREATER LONDON, N21 1UL | £363,000 | 19/11/2022 | Flat |
| [Same street] SEACOLE LODGE, 80 FLAT 15 PENNINGTON DRIVE, LONDON, ENFIELD, GREATER LONDON, N21 1TR | £307,000 | 18/11/2022 | Flat |
| PENROSE HOUSE, 16 FLAT 22 NEWSHOLME DRIVE, LONDON, ENFIELD, GREATER LONDON, N21 1TW | £425,000 | 04/11/2022 | Flat |
| 35 BLACKWELL CLOSE, LONDON, ENFIELD, GREATER LONDON, N21 1UL | £360,000 | 24/10/2022 | Flat |
| MCDOWELL COURT, 10 FLAT 1 HIGHLANDS AVENUE, LONDON, ENFIELD, GREATER LONDON, N21 1UB | £402,000 | 19/10/2022 | Flat |
| 25 BLACKWELL CLOSE, LONDON, ENFIELD, GREATER LONDON, N21 1UL | £383,000 | 21/09/2022 | Flat |
| ADAM LODGE, 2 FLAT 9 BUCHANAN CLOSE, LONDON, ENFIELD, GREATER LONDON, N21 1SG | £340,000 | 15/07/2022 | Flat |
| [Same street] SEACOLE LODGE, 80 FLAT 12 PENNINGTON DRIVE, LONDON, ENFIELD, GREATER LONDON, N21 1TR | £305,000 | 29/09/2021 | Flat |

**Street average:** £299,833 (3 sales)
**Area average:** £367,425 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £320,648 (27 Flat, N21, 2024–2026)
- **Deviation:** +7.6%

## Rental Range

*ONS Price Index of Private Rents (Enfield). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,609/mo
- **Realistic:** £1,788/mo
- **Optimistic:** £1,967/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Cambridge (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £947/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Freshfield Drive, N14 | £1,800/mo | 2 | 1.18 miles | OpenRent |

**Average rent: £1,800/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.52% (weak for cashflow)
- **Max investor price (0.8%):** £225,000
- **Target investor price (1%):** £180,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,800/mo).*

- **Gross yield:** 6.3%
- **Cost-to-rent:** 16×
- **Monthly cashflow:** £236/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 2.8%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £5,391/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -31.1%
- **10y growth:** -7.1%

## House Price Index (HM Land Registry)

*Official index for Enfield; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -4.3%
- **5y growth (index):** -4.2%
- **10y growth (index):** 4.6%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

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Property details

Tenure

LEASEHOLD (163 years remaining on lease)

Floor area

64 m²

EPC rating

Year built

England and Wales: 1996-2002

Last sold

£219,995 Sep 2006

Price per m²

£5,391/m²

Local average

£320,648 (+7.6%)

Deprivation

Decile 5 (15,839 of 33,755)

Street crime

145 incidents within 1 mile (May 2026)

Key features

Chain Free
Ground Floor
Quiet Location
Two Bedrooms
Parking
Excellent Local School Catchments
Gas Central Heating
Storage
Property Size (sqft): 618

Additional details

Parking: Yes

Description

Listed by

Winchmore Hill

ADDISON LONDON LIMITED

Reference: 153220139

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 08/10/2020

Expiry date: 07/10/2030

Current heating cost: £388/year

Potential heating cost: £320/year

Est. upgrade cost to C: £10,010

Recommendations

Floor insulation (solid floor) (£4,000 - £6,000)
Draughtproof single-glazed windows (£80 - £120)
Low energy lighting for all fixed outlets (£10)
Replace single glazed windows with low-E double glazing (£3,300 - £6,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floor Plan

EPC Graphs

EPC

Price history

23% since 2003

Event	Date	Price	% change
Sold	29/09/2006 (19 years ago)	£219,995	+22.9%
Sold	03/03/2003 (23 years ago)	£179,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
45 PENNINGTON DRIVE, LONDON, ENFIELD, GREATER LONDON, N21 1TE	£137,500	18/12/2025	Flat
40 BLACKWELL CLOSE, LONDON, ENFIELD, GREATER LONDON, N21 1UL	£345,000	09/12/2025	Flat
PENROSE HOUSE, 16 FLAT 15 NEWSHOLME DRIVE, LONDON, ENFIELD, GREATER LONDON, N21 1TW	£381,000	28/11/2025	Flat
CURIE LODGE, 86 FLAT 5 PENNINGTON DRIVE, LONDON, ENFIELD, GREATER LONDON, N21 1TQ	£405,000	11/07/2025	Flat
SUTTON HOUSE, 1 FLAT 1 HANSEN DRIVE, LONDON, ENFIELD, GREATER LONDON, N21 1SB	£302,000	07/01/2025	Flat
CURIE LODGE, 86 FLAT 1 PENNINGTON DRIVE, LONDON, ENFIELD, GREATER LONDON, N21 1TQ	£300,000	16/12/2024	Flat
Same street SEACOLE LODGE, 80 FLAT 2 PENNINGTON DRIVE, LONDON, ENFIELD, GREATER LONDON, N21 1TR	£287,500	02/02/2024	Flat
BALLENTYNE COURT, 17 FLAT 9 NEWSHOLME DRIVE, LONDON, ENFIELD, GREATER LONDON, N21 1UF	£330,000	08/12/2023	Flat
36 ANDERSON CLOSE, LONDON, ENFIELD, GREATER LONDON, N21 1TH	£390,000	29/09/2023	Flat
BEVERIDGE COURT FLAT 10 PENNINGTON DRIVE, LONDON, ENFIELD, GREATER LONDON, N21 1SY	£345,000	01/09/2023	Flat
8 HIGHLANDS AVENUE, LONDON, ENFIELD, GREATER LONDON, N21 1UG	£710,000	04/08/2023	Flat
MACKENSIE COURT, 11 FLAT 2 HIGHLANDS AVENUE, LONDON, ENFIELD, GREATER LONDON, N21 1UA	£350,000	30/06/2023	Flat
PRINGLE HOUSE, 18 FLAT 13 NEWSHOLME DRIVE, LONDON, ENFIELD, GREATER LONDON, N21 1TX	£335,000	03/05/2023	Flat
37 BLACKWELL CLOSE, LONDON, ENFIELD, GREATER LONDON, N21 1UL	£360,000	28/04/2023	Flat
29 BLACKWELL CLOSE, LONDON, ENFIELD, GREATER LONDON, N21 1UL	£385,000	03/04/2023	Flat
40 BLACKWELL CLOSE, LONDON, ENFIELD, GREATER LONDON, N21 1UL	£363,000	19/11/2022	Flat
Same street SEACOLE LODGE, 80 FLAT 15 PENNINGTON DRIVE, LONDON, ENFIELD, GREATER LONDON, N21 1TR	£307,000	18/11/2022	Flat
PENROSE HOUSE, 16 FLAT 22 NEWSHOLME DRIVE, LONDON, ENFIELD, GREATER LONDON, N21 1TW	£425,000	04/11/2022	Flat
35 BLACKWELL CLOSE, LONDON, ENFIELD, GREATER LONDON, N21 1UL	£360,000	24/10/2022	Flat
MCDOWELL COURT, 10 FLAT 1 HIGHLANDS AVENUE, LONDON, ENFIELD, GREATER LONDON, N21 1UB	£402,000	19/10/2022	Flat
25 BLACKWELL CLOSE, LONDON, ENFIELD, GREATER LONDON, N21 1UL	£383,000	21/09/2022	Flat
ADAM LODGE, 2 FLAT 9 BUCHANAN CLOSE, LONDON, ENFIELD, GREATER LONDON, N21 1SG	£340,000	15/07/2022	Flat
Same street SEACOLE LODGE, 80 FLAT 12 PENNINGTON DRIVE, LONDON, ENFIELD, GREATER LONDON, N21 1TR	£305,000	29/09/2021	Flat

Street average: £299,833 (3 sales)

Area average: £367,425 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -31.1%

10y growth -7.1%

House Price Index (HM Land Registry — official index, not sold-price averages): Enfield. Series: Flats and maisonettes. As of April 2026.

1y (index) -4.3%

5y (index) -4.2%

10y (index) 4.6%

Company ownership

Registered legal owner is a company.

Company-owned (Overseas company)

Company: BELAGON DEVELOPMENT LIMITED

Rental Range

Estimated market rent for Enfield. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,609/mo

Realistic £1,788/mo

Optimistic £1,967/mo

Based on Local Authority from postcode lookup → Enfield.

LHA (30th percentile) floor for Cambridge: £947/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View N21 1TR

Address

80 Pennington Drive

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Tresilian Avenue	0.0 miles
Bus stop	Blackwell Close	0.1 miles
Shop	Vas' Barbers	0.2 miles
Shop	Tinted	0.7 miles
Train station	Oakwood	0.7 miles
Train station	Grange Park	0.8 miles
Hospital	Priory Hospital	1.0 miles
Hospital	North London Hospice Winchmore Hill	1.7 miles
University	Boltons Park Farm	5.5 miles
University	Flood Hazard Research Centre	6.5 miles

Street-level crime

Category	Count
Violence and sexual offences	43
Anti-social behaviour	40
Vehicle crime	26
Other theft	12
Burglary	6
Public order	6
Other crime	5
Shoplifting	3
Drugs	2
Robbery	2
Total incidents	145

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Eversley Primary School	Primary	0.2 miles	Outstanding — 6 Feb 2015
Grange Park Primary School	Primary	0.3 miles	Good — 3 Apr 2014
Highlands School	Secondary	0.3 miles	— (Inspected (no overall grade))
Merryhills Primary School	Primary	0.4 miles	Good — 22 Apr 2014
Wolfson Hillel Primary School	Primary	0.7 miles	Outstanding — 11 May 2017

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed Flat, Freshfield Drive, N14	£1,800/mo	2	1.18 miles	OpenRent

Average rent: £1,800/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.52%

Max investor price (0.8%) £225,000

Target investor price (1%) £180,000

Gross yield 6.3%

Cost-to-rent ratio 16×

Monthly cashflow £236/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 2.8%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).