# 2 bedroom property for sale (EN3 4BG) ## Property Details | Key | Value | |-----|-------| | Address | 50 NORFOLK ROAD, ENFIELD, GREATER LONDON EN3 4BG | | Price | £349,995 | | Bedrooms | 2 | | Bathrooms | 1 | | Last sold | £355,000 Feb 2017 | ## Description **PROPERTY PARTICULARS** **GROUND FLOOR** **Porch:- **UPVC front door. **Entrance Hall: **Laminate wood flooring, pendant lighting, radiator, built-in cupboards, staircase rising to first floor landing. **Through Lounge:** (24’11(inside bay window) x 10’3>9’9) Laminate wood flooring, pendant lighting, radiator, feature fireplace, bay window to front aspect, opening to games room, opening to kitchen. **Games Room:** (8’ x 5’7) Laminate wood flooring, pendant lighting. **Kitchen:** (15’2 x 7’6) Fitted base and wall units, fitted worktops, stainless steel sink with mixer tap over, gas hob with oven under, washing machine point, fridge/freezer space, laminate wood flooring, part tiled walls, spotlighting, casement windows, door to rear garden. **FIRST FLOOR** **First Floor Landing:- **Fitted carpet, loft hatch. **First Bedroom:** (14’5(to fitted wardrobe) x 11’3) Fitted carpet, pendant lighting, radiator, twin casement windows to front aspect. **Second Bedroom:** (11’2 x 8’) Fitted carpet, pendant lighting, radiator, casement window to rear aspect. **Family Bathroom: **(8’3 max x 8’ max) Fitted bathtub with mixer tap and shower attachment over, pedestal hand washbasin with mono taps over, low level flush W/C, tiled flooring, part tiled walls, spotlighting, radiator, frosted window. **EXTERIOR** **Front Aspect:** Front garden. **Rear Aspect:** Rear garden mainly laid to lawn with a patio area. **Freehold** / **Sole Agents** / **Chain free** Measurements taken in feet & inches ## Property Photos - ![Photo](/listings/photos/56457364/434409) - ![Photo](/listings/photos/56457364/434416) - ![Photo](/listings/photos/56457364/434421) - ![Photo](/listings/photos/56457364/434422) - ![Photo](/listings/photos/56457364/434424) - ![Photo](/listings/photos/56457364/434427) - ![Photo](/listings/photos/56457364/434429) - ![Photo](/listings/photos/56457364/434430) - ![Photo](/listings/photos/56457364/434432) - ![Photo](/listings/photos/56457364/434435) - ![Photo](/listings/photos/56457364/434438) - ![Photo](/listings/photos/56457364/434440) ## Floorplans - ![Floorplan 1](/listings/photos/56457364/434442) - Floorplan 1 ## EPC Graphs - ![EPC 1](/listings/photos/56457364/434445) - EPC 1 - ![EPC 2](/listings/photos/56457364/434449) - EPC 2 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 50 NORFOLK ROAD, ENFIELD, GREATER LONDON, EN3 4BG | £355,000 | 17/02/2017 | Terraced | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 444 LINCOLN ROAD, ENFIELD, GREATER LONDON, EN3 4AH | £66,100 | 28/01/2025 | Other | | [Same street] 36 NORFOLK ROAD, ENFIELD, GREATER LONDON, EN3 4BG | £365,000 | 23/08/2024 | Terraced | | [Same street] 1 NORFOLK ROAD, ENFIELD, GREATER LONDON, EN3 4BG | £520,000 | 09/08/2023 | Terraced | | [Same street] 4 NORFOLK ROAD, ENFIELD, GREATER LONDON, EN3 4BG | £415,000 | 30/09/2022 | Terraced | | WICKHAM HOUSE, 464 LINCOLN ROAD, ENFIELD, GREATER LONDON, EN3 4AH | £610,750 | 31/03/2022 | Other | | 318 UNIT 4 LINCOLN ROAD, ENFIELD, GREATER LONDON, EN3 4AA | £1,000,000 | 11/01/2022 | Other | | 5 CLARENCE ROAD, ENFIELD, GREATER LONDON, EN3 4BN | £312,000 | 04/10/2021 | Other | **Street average:** £433,333 (3 sales) **Area average:** £497,213 (4 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £2,297,103 (7 Other, EN3, 2024–2026) - **Deviation:** -84.8% ## Rental Range *ONS Price Index of Private Rents (Enfield). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,598/mo - **Realistic:** £1,775/mo - **Optimistic:** £1,953/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 Maisonette, Sandhurst Road, N9 | £550/mo | 2 | 0.37 miles | OpenRent | | 2 Bed Maisonette, Sandhurst Road, N9 | £600/mo | 2 | 0.37 miles | OpenRent | **Average rent: £575/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.16% (weak for cashflow) - **Max investor price (0.8%):** £71,875 - **Target investor price (1%):** £57,500 *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 £575/mo).* - **Gross yield:** 2% - **Cost-to-rent:** 50.7× - **Monthly cashflow:** £-886/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -10.5% *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:** 78.1% - **10y growth:** 340% ## House Price Index (HM Land Registry) *Official index for Enfield; All dwelling types series; as of March 2026.* - **1y growth (index):** -2.2% - **5y growth (index):** 3.7% - **10y growth (index):** 17.3% ## 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)