# 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 | | Last sold | £219,995 Sep 2006 | ## 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:** £320,625 (28 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).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -31.6% - **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)