4 Prescott Street, Enfield SA 5085

Stone-fronted character | 4 bed 3 bath scarcity | Flood overlay noted | Strong rental yield | Prime school catchments This house presents a competitively strong offering due to its rare four-bedroom, three-bathroom configuration in a basket range stone facade, a combination that commands premium rental yields and appeals to large families or professional sharers. Its position within the Roma Mitchell Secondary College catchment and immediate proximity to primary schools institutionalizes long-term tenant demand, while the substantial workshop and secure parking add functional utility rarely found at this scale. The detected flood overlay imposes a specific risk mechanism, likely elevating insurance premiums and necessitating a conveyancer’s review of council mitigation plans, a direct holding cost. However, the 40% building coverage on a 673m² lot presents a clear commercial opportunity for value-add outdoor improvement. Given the significant valuation gap versus the comparable at 5 Prescott Street, this property justifies an aggressive acquisition below the listed range for a buy-and-hold strategy, leveraging its inherent scarcity and income profile. * **5 Prescott Street, Enfield:** 4 beds, 1 bath, 2 car spaces on 687m². Estimated value: $955,000. The $955,000 benchmark for a nearby four-bedroom home with only one bathroom sharply frames the premium inherent in this property’s three-bathroom layout and superior specification, directly supporting a valuation comfortably above $1.2 million.