Sold Flat

53A

FIRST AVENUE, ENFIELD, GREATER LONDON EN1 1BN

2 beds 581 sq ft Listed 29 Nov 2011 (-5305d)

£160,000

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Listing type

Auction

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Property details

Listing category

Auction

Floor area

54 m²

EPC rating

E

Year built

England and Wales: 1900-1929

Last sold

£330,000 Oct 2018

Price per m²

£2,963/m²

Local average

£289,412 (-44.7%)

Deprivation

Decile 3 (9,997 of 33,755)

Street crime

513 incidents within 1 mile (Mar 2026)

Key features

  • UNSOLD AT AUCTION
  • 14 December 2011
  • Tel: 0208 741 9990
  • www.barnardmarcusauctions.co.uk

Description

SUMMARY
AVAILABLE AT £160,000 - To view: 30/11, 2/12, 6/12, 8/12, 12/12 at 14.00


DESCRIPTION
location:
The property is situated on the west side of First Avenue north of its junction with Third Avenue. Public transport links are provided by Bush Hill Park Rail Station to the south together with a network of local bus routes serving the area, road communications include Great Cambridge Road (A10) providing access to the North Circular Road (A406) to the south and junction 25 of the M25 motorway to the north. Shopping amenities can be found locally within Bush Hill Park with a more extensive range of amenities found in Enfield to the north and Winchmore Hill to the west. Recreational pursuits are found at Bush Hill Park Golf Club to the west and King George's Field to the south.

accommodation:
First floor: Two bedrooms, reception room, kitchen, bathroom/wc

tenancy:
The property is let on a guaranteed rent scheme for a term of 2 years from 01/08/11 at a rent of £850 per calendar month.

total rent reserved:
£10,200 per annum

lease:
The property will be sold with the benefit of a new lease for a term of 99 years. For further details please contact the auctioneer.

to view:
Strictly by arrangement with the auctioneer.



1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Listed by

Hammersmith Auctions

Sequence (UK) Limited - Connells

Reference: 35951465

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: C

Inspection date: 16/02/2013

Current heating cost: £633/year

Potential heating cost: £283/year

Est. upgrade cost to C: £9,225

Recommendations

  • Increase loft insulation to 270 mm (£100 - £350)
  • 50 mm internal or external wall insulation (£4,000 - £14,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

27% since 2014

Event Date Price % change
Sold 22/10/2018 (7 years ago) £330,000 +26.9%
Sold 19/08/2014 (11 years ago) £259,995

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
96B ST MARKS ROAD, ENFIELD, GREATER LONDON, EN1 1BB £368,000 22/07/2025 Flat
PASTERS COURT, 1B FLAT 8 TRINITY AVENUE, ENFIELD, GREATER LONDON, EN1 1HW £350,000 28/11/2024 Flat
PASTERS COURT, 1B FLAT 8 TRINITY AVENUE, ENFIELD, GREATER LONDON, EN1 1HW £350,000 28/11/2024 Flat
Same street 27A FIRST AVENUE, ENFIELD, GREATER LONDON, EN1 1BN £495,000 30/08/2024 Semi-detached
PASTERS COURT, 1B FLAT 16 TRINITY AVENUE, ENFIELD, GREATER LONDON, EN1 1HW £280,000 31/10/2023 Flat
111A ST MARKS ROAD, ENFIELD, GREATER LONDON, EN1 1BJ £420,000 25/08/2023 Flat
CHAPEL COURT FLAT 5 ST MARKS ROAD, ENFIELD, GREATER LONDON, EN1 1DT £249,000 31/05/2023 Flat
Same street 41 FIRST AVENUE, ENFIELD, GREATER LONDON, EN1 1BN £335,000 06/04/2023 Semi-detached
Same street 62 FIRST AVENUE, ENFIELD, GREATER LONDON, EN1 1BN £690,000 02/03/2023 Semi-detached
119B ST MARKS ROAD, ENFIELD, GREATER LONDON, EN1 1BJ £350,000 14/12/2022 Flat
2A LADBROKE ROAD, ENFIELD, GREATER LONDON, EN1 1HY £205,000 19/10/2022 Flat
34 GROUND FLOOR FLAT ST MARKS ROAD, ENFIELD, GREATER LONDON, EN1 1BE £368,000 15/08/2022 Flat
CANNOCK LODGE, 83 3 WELLINGTON ROAD, ENFIELD, GREATER LONDON, EN1 2QT £315,000 15/07/2022 Flat
Same street 42 FIRST AVENUE, ENFIELD, GREATER LONDON, EN1 1BN £740,000 12/05/2022 Terraced
Same street 60 FIRST AVENUE, ENFIELD, GREATER LONDON, EN1 1BN £750,000 27/04/2022 Semi-detached
8 FLAT B ST MARKS ROAD, ENFIELD, GREATER LONDON, EN1 1BE £270,000 07/04/2022 Flat
Same street 45 FIRST AVENUE, ENFIELD, GREATER LONDON, EN1 1BN £303,000 01/04/2022 Flat
56A ABBEY ROAD, ENFIELD, GREATER LONDON, EN1 2QN £390,000 20/01/2022 Flat
34 QUEEN ANNES PLACE, ENFIELD, GREATER LONDON, EN1 2PT £320,000 20/12/2021 Flat
CHAPEL COURT FLAT 13 ST MARKS ROAD, ENFIELD, GREATER LONDON, EN1 1DT £332,500 23/11/2021 Flat
Same street 38 FIRST AVENUE, ENFIELD, GREATER LONDON, EN1 1BN £1,000 11/11/2021 Other
INGRAM COURT 18 WENDY CLOSE, ENFIELD, GREATER LONDON, EN1 1HR £200,000 06/10/2021 Flat
SAMBROOKE COURT 14 ABBEY ROAD, ENFIELD, GREATER LONDON, EN1 2QG £315,000 27/09/2021 Flat
17C ST MARKS ROAD, ENFIELD, GREATER LONDON, EN1 1BG £287,500 30/06/2021 Flat
LEE COURT, 39 - 41 FLAT 10 QUEEN ANNES PLACE, ENFIELD, GREATER LONDON, EN1 2PS £355,000 11/06/2021 Flat

Street average: £473,429 (7 sales)

Area average: £318,056 (18 sales)

Capital growth trend

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

5y growth 10.2%
10y growth 18.1%

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

1y (index) -5.9%
5y (index) -5%
10y (index) 5.6%

Rental Range

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

Low £1,598/mo
Realistic £1,775/mo
Optimistic £1,953/mo

Based on Local Authority from postcode lookup → Enfield.

LHA (30th percentile) floor for Outer North London: £1,396/mo (Apr 2025 – Mar 2026)

Location

Nearby

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

Type Name Distance
Shop Tailor Made Living 0.1 miles
Train station Bush Hill Park 0.1 miles
Shop Wild Daisy 0.1 miles
Bus stop Hail & Ride Bush Hill Park Station 0.1 miles
Train station Enfield Town 0.7 miles
Hospital North London Hospice Winchmore Hill 1.6 miles
Hospital Priory Hospital 2.2 miles
University Arden University Stratford Campus 7.4 miles
University University of Wales Trinity Saint David London 7.6 miles

Street-level crime

Category Count
Violence and sexual offences 121
Anti-social behaviour 84
Shoplifting 82
Vehicle crime 48
Other theft 37
Burglary 34
Public order 24
Theft from the person 21
Criminal damage and arson 20
Robbery 17
Drugs 13
Other crime 7
Possession of weapons 3
Bicycle theft 2
Total incidents 513

Within 1 mile during Mar 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
Bush Hill Park Primary School Primary 0.3 miles Good — 18 Jan 2018
The Raglan Junior School Primary 0.4 miles Good — 11 Apr 2016
Raglan Infant School Primary 0.5 miles Outstanding — 19 Sep 2024
Galliard Primary School Primary 0.6 miles Outstanding — 25 Sep 2023
George Spicer Primary School Primary 0.6 miles Good — 20 Jul 2012

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, Cosmopolitain Court, EN1 £1,800/mo 2 0.42 miles OpenRent
2 Bed Terraced House, Mayfield Crescent, N9 £2,200/mo 2 0.66 miles OpenRent

Average rent: £2,000/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.25%
Max investor price (0.8%) £250,000
Target investor price (1%) £200,000
Gross yield 15%
Cost-to-rent ratio 6.7×
Monthly cashflow £1,145/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 29.6%
  • 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).