Lot 250 Barnard Marcus Tue 17 Nov Guide £190,000+

Barnard Marcus auction lot116 Bouvier Road, Enfield, EN3 5SQ

Flat (EN3 5SQ), for sale by auction with Barnard Marcus on 17 November 2026, lot 250. Guide £190,000+.

Finance view

Strong

Most bridging lenders would look at this lot. The loan that fits: Purchase bridge, as this is a home that can be let or sold as it is.

Likely loan
Up to 75% of the priceOn the purchase price
On the expected hammer
About £164,000The guide plus 15%
Example rate
0.75% to 0.95% a monthArrangement fee about 2%

In its favour

  • Inside the M25 (Enfield): the area lenders know best
  • Turkey Street station, about 10 minutes' walk
  • Flood zone 1 (low risk)
  • 88 years left on the lease
  • Sold vacant

If you let it

Typical rent about £1,660 a month, a gross yield of 9.1% on the expected hammer. The rent supports a 75% buy-to-let mortgage (up to about £290,000), so refinancing out of a bridge works on these figures.

ONS average for a flat in Enfield, Sept 2026. Refinance test: rent covers the interest 125% at a 5.5% stress rate, as lenders test a limited company; personal borrowers are often tested harder.

What a lender will ask you for on a purchase bridge
  • Photo ID and proof of address
  • Proof of your deposit and where it came from
  • The legal pack, read by your solicitor before you bid
  • Your exit plan: sale or refinance, with evidence (comparables, or a mortgage in principle)
  • The lease, with the ground rent and service charge
  • A valuation, which the lender instructs

We have access to lending of up to 75% of the purchase price, with up to 100% of the build cost. Tell us about the lot and we can put you in touch. Ratings and figures are a guide from the published facts, not an offer of finance or advice. Surroundings from OpenStreetMap (© OpenStreetMap contributors); stations from NaPTAN.

Closest comparables

The nearest sales of homes like this one in the last two years, from HM Land Registry, graded the way a lender reads them. 89 similar sales within 1.5 km.

  1. Strong £235,000 Jan 2026

    526a Hertford Road, Enfield, EN3 5SS (flat)

    The same kind of home, 141 m away, sold 10 months ago.

  2. Moderate £185,000 Sept 2025

    6 Cherry Road, Enfield, EN3 5SE (flat)

    The same kind of home, 97 m away, sold 14 months ago.

  3. Moderate £227,000 Nov 2025

    Flat 5, Templeton Court, 7 Ingersoll Road, Enfield, EN3 5PF (flat)

    The same kind of home, 272 m away, sold 12 months ago.

On the market now

Asking prices for flats in EN3 on the property portals: their listings, opened in a new tab.

Also at auction nearby

Sold prices: HM Land Registry Price Paid data, Crown copyright, Open Government Licence. Floor areas: the EPC register. Contains OS data © Crown copyright (Code-Point Open).

Lot details

Auction
Barnard MarcusTue 17 Nov, lot 250
Guide price
Guide £190,000+Expected hammer is usually higher
Property
Flat | Leasehold
Tenure
Leasehold88 years left on the lease
Occupancy
Vacant
Floor area
678 sq ftConfirmed from the EPC
EPC rating
DFrom the EPC register
Planning
Article 4 direction areaArticle 4: some permitted development rights are removed
Flood risk
Zone 1: lowEnvironment Agency flood map zone, at the lot's postcode

Auction finance snapshot

25% deposit required
£47,500
75% estimated bridging loan
£142,500

On the guide price. Lots usually sell above the guide: at the expected hammer (1.15× guide) the deposit would be £54,625. Stamp duty, the buyer's fee, legal costs and the lender's fees come on top. Illustrative only, not an offer of finance.

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The report on this lot: free

  • Deal grade, A to E, with the working
  • Maximum bid on the refurb and the conversion route
  • Value after works and build cost
  • Profit at every hammer price, and a stress test
  • Sold comparables matched to floor areas
  • The legal pack: what it says and what to check

Prepared for this lot and emailed to you. Free, guidance not advice.

Ask us to look into this lot: free

We could not grade this lot from the catalogue: it may be a whole building, or let, or the figures did not add up. Tell us what you need and we'll come back to you, usually within a working day.

What would help? (tick all that apply)

Listing and legal pack on Barnard Marcus' site ↗

How much could you borrow on this lot?

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We have access to lending of up to 75% of the purchase price, with up to 100% of the build cost. Tell us about the lot and we can put you in touch.

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How often

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  77. 202 9 Futura House (2FF), 169 Grange Road, Bermondsey, London, SE1 3BN Guide £320,000+Finance: Limited Flat | Leasehold · Barnard Marcus
  78. 203 Flat C, 43 St James Road, Surbiton, Surrey, KT6 4QNUpdated: Lot number changed from TBC to 203 on 2 November 2026 Guide £220,000+£319 per sq ftFinance: Good 2 bed flat | Leasehold · Barnard Marcus
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  80. 205 Flat 107, Colorado Building, Deals Gateway, London, SE13 7RDUpdated: Lot number changed from TBC to 205 on 2 November 2026 Guide £220,000+£305 per sq ftFinance: Good 2 bed flat | Leasehold · Barnard Marcus
  81. 206 7 Bridge House Quay, London, E14 9QWUpdated: Lot number changed from TBC to 206 on 2 November 2026 Guide £350,000+£879 per sq ftFinance: Limited 2 bed flat | Leasehold · Barnard Marcus
  82. 207 Flat 43, Frognal Court, Finchley Road, London, NW3 5HGUpdated: Lot number changed from TBC to 207 on 2 November 2026 Guide £350,000+£428 per sq ftFinance: Strong 3 bed flat | Leasehold · Barnard Marcus
  83. 208 40 Crownage Court, 99 Staines Road West, Sunbury-on-Thames, TW16 7FGUpdated: Lot number changed from TBC to 208 on 2 November 2026 Guide £132,000+£395 per sq ftFinance: Good Studio flat | Leasehold · Barnard Marcus
  84. 209 Flat 5, Bird In Hand Court, 291-293 Sydenham Road, Croydon, CR0 2EL Guide £120,000+Finance: Strong Flat | Leasehold · Barnard Marcus
  85. 211 Flat 6, Chantry Court, Minorca Road, WEYBRIDGE, Surrey, KT13 8DU Guide £170,000+£310 per sq ftFinance: Good 2 bed flat | Leasehold · Barnard Marcus
  86. 220 16 Ampthill House, Montgomery Crescent, Romford, Essex, RM3 7TAUpdated: Lot number changed from TBC to 220 on 2 November 2026 Guide £121,000+£216 per sq ftFinance: Good 1 bed flat | Leasehold · Barnard Marcus
  87. 224 East Lodge, 165 Turkey Street, Enfield, EN1 4RJ Guide £775,000+£327 per sq ftFinance: Specialist only House | Freehold · Barnard Marcus
  88. 228 2 Rowlands Road, Dagenham, RM8 3DX Guide £337,500+£282 per sq ftFinance: Good House | Freehold · Barnard Marcus
  89. 248 9b Oval Road South, Dagenham, RM10 9DP Guide £100,000+£216 per sq ftFinance: Specialist only Flat | Leasehold · Barnard Marcus
  90. 302 52, Braithwaite Avenue, ROMFORD, Essex, RM7 0DSUpdated: Guide cut from £150,000 to £140,000 on 5 November 2026 Guide £140,000+£224 per sq ftFinance: Specialist only 2 bed flat | Leasehold · Barnard Marcus

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