# 2 bedroom ground floor flat for sale (EN1 4EL)

## Property Details

| Key | Value |
|-----|-------|
| Address | 98 MALTBY DRIVE, ENFIELD, GREATER LONDON EN1 4EL |
| Price | £152,995 |
| Bedrooms | 2 |
| Last sold | £143,000 Dec 2011 |

## Description

COMMUNAL FRONT DOOR TO COMMUNAL ENTRANCE HALLWAY TO OWN FRONT DOOR TO 

ENTRANCE HALLWAY 

With carpet, telephone point, doors to:

LOUNGE 18' 5 x 10' 3

With glazed window to rear, coved ceiling, Tv point, carpet.

KITCHEN 8' 6 x 7' 9

With double glazed window to rear, range of  wall and base units work tops over, stainless steel sink unit, plumbing for washing machine and dishwasher, electric oven, hob, lino floor. nb all white goods arr untested

BEDROOM ONE 11' 1 x 8' 8

With double glazed window to front, storage, carpet, economy seven heater(untested), to:

DRESSING AREA 

With double glazed window to front, carpet.

BEDROOM TWO 11' 4 x 5' 9

With double glazed window to front, coved ceiling, carpet, economy seven heater(untested)

BATHROOM/WC 

With double glazed frosted window to rear, low level WC, wall mounted wash hand basin, panel enclosed bath, part tiled walls, lino floor.

EXTERIOR: COMMUNAL GROUNDS, GARDENS AND PARKING

## Property Photos

- ![Photo](/listings/photos/18335316/1614841)
- ![Photo](/listings/photos/18335316/1614842)
- ![Photo](/listings/photos/18335316/1614846)
- ![Photo](/listings/photos/18335316/1614847)
- ![Photo](/listings/photos/18335316/1614850)
- ![Photo](/listings/photos/18335316/1614855)
- ![EPC](/listings/photos/18335316/1614859) - EPC
- ![EPC](/listings/photos/18335316/1614864) - EPC

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #6082449
- **Address:** 98 Maltby Drive, ENFIELD, EN1 4EL
- **Certificate Issued:** 27/10/2008
- **Work Completed:** 10/10/2008
- **Items:** 5 window(s)

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 98 MALTBY DRIVE, ENFIELD, GREATER LONDON, EN1 4EL | £143,000 | 06/12/2011 | Flat |
| 98 MALTBY DRIVE, ENFIELD, GREATER LONDON, EN1 4EL | £59,950 | 22/01/1999 | 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 |
|---------|-------|------|------|
| [Same street] 77 MALTBY DRIVE, ENFIELD, GREATER LONDON, EN1 4EL | £242,000 | 28/01/2025 | Flat |
| 28 MALTBY DRIVE, ENFIELD, GREATER LONDON, EN1 4EH | £255,940 | 14/01/2025 | Flat |
| 134 MALTBY DRIVE, ENFIELD, GREATER LONDON, EN1 4EN | £225,000 | 20/10/2023 | Flat |
| 263 MALTBY DRIVE, ENFIELD, GREATER LONDON, EN1 4ES | £230,000 | 16/02/2023 | Flat |
| 225 MALTBY DRIVE, ENFIELD, GREATER LONDON, EN1 4ER | £270,000 | 17/01/2023 | Flat |
| 191 MALTBY DRIVE, ENFIELD, GREATER LONDON, EN1 4EP | £155,000 | 09/12/2022 | Flat |
| 255 MALTBY DRIVE, ENFIELD, GREATER LONDON, EN1 4ES | £215,000 | 28/11/2022 | Flat |
| 108 MALTBY DRIVE, ENFIELD, GREATER LONDON, EN1 4EN | £160,000 | 10/11/2022 | Flat |
| 141A PEMBROKE AVENUE, ENFIELD, GREATER LONDON, EN1 4EY | £275,000 | 24/10/2022 | Flat |
| [Same street] 88 MALTBY DRIVE, ENFIELD, GREATER LONDON, EN1 4EL | £240,000 | 21/10/2022 | Flat |
| [Same street] 96 MALTBY DRIVE, ENFIELD, GREATER LONDON, EN1 4EL | £262,500 | 14/10/2022 | Flat |
| 250 MALTBY DRIVE, ENFIELD, GREATER LONDON, EN1 4ES | £207,000 | 26/09/2022 | Flat |
| 126 MALTBY DRIVE, ENFIELD, GREATER LONDON, EN1 4EN | £225,000 | 12/09/2022 | Flat |
| [Same street] 93 MALTBY DRIVE, ENFIELD, GREATER LONDON, EN1 4EL | £283,750 | 28/07/2022 | Flat |
| 253 MALTBY DRIVE, ENFIELD, GREATER LONDON, EN1 4ES | £207,000 | 01/07/2022 | Flat |
| 215 MALTBY DRIVE, ENFIELD, GREATER LONDON, EN1 4EP | £225,000 | 29/06/2022 | Flat |
| 16 SEVERN DRIVE, ENFIELD, GREATER LONDON, EN1 4LX | £295,000 | 13/05/2022 | Flat |
| 172 MALTBY DRIVE, ENFIELD, GREATER LONDON, EN1 4EW | £193,000 | 08/04/2022 | Flat |
| [Same street] 80 MALTBY DRIVE, ENFIELD, GREATER LONDON, EN1 4EL | £222,500 | 04/04/2022 | Flat |
| 141 PEMBROKE AVENUE, ENFIELD, GREATER LONDON, EN1 4EY | £305,000 | 25/03/2022 | Flat |
| 16 MALTBY DRIVE, ENFIELD, GREATER LONDON, EN1 4EH | £260,000 | 26/11/2021 | Flat |
| 75 WORCESTERS AVENUE, ENFIELD, GREATER LONDON, EN1 4NB | £272,000 | 22/09/2021 | Flat |
| 155 MALTBY DRIVE, ENFIELD, GREATER LONDON, EN1 4EW | £188,000 | 03/09/2021 | Flat |
| 140 MALTBY DRIVE, ENFIELD, GREATER LONDON, EN1 4EW | £267,500 | 25/08/2021 | Flat |
| [Same street] 84 MALTBY DRIVE, ENFIELD, GREATER LONDON, EN1 4EL | £220,000 | 20/08/2021 | Flat |

**Street average:** £245,125 (6 sales)
**Area average:** £233,181 (19 sales)

## Price vs local average

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

- **Local average:** £290,137 (36 Flat, EN1, 2024–2026)
- **Deviation:** -47.3%

## Rental Range

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

- **Low:** £1,623/mo
- **Realistic:** £1,803/mo
- **Optimistic:** £1,983/mo

## LHA (Local Housing Allowance)

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

- **LHA floor (this property size):** £1,396/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, Crest Drive, EN3 | £1,950/mo | 2 | 0.28 miles | OpenRent |
| 2 Bed Flat, Hoe Lane, EN3 | £2,000/mo | 2 | 0.43 miles | OpenRent |
| 2 Bed Flat, Hoe Lane, EN3 | £2,000/mo | 2 | 0.43 miles | OpenRent |
| 2 Bed Flat, Garnault Road, EN1 | £1,650/mo | 2 | 0.49 miles | OpenRent |
| 2 Bed Flat, Stainton Road, EN3 | £1,900/mo | 2 | 0.54 miles | OpenRent |
| 2 Bed Flat, Eastfield Road, EN3 | £1,600/mo | 2 | 0.57 miles | OpenRent |

**Average rent: £1,850/mo (6 listings)**

## 1% Rule

- **Rent ratio:** 1.26% (strong)
- **Max investor price (0.8%):** £240,625
- **Target investor price (1%):** £192,500

*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 £1,925/mo).*

- **Gross yield:** 15.1%
- **Cost-to-rent:** 6.6×
- **Monthly cashflow:** £1,105/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 29.9%

*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:** 14.9%
- **10y growth:** 22.6%

## 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)