Lincoln Road, East Finchley, N2 9DL - 8 months ago
Listed for £950,000
September 29, 2023
AVAILABLE TO CASH PURCHASERS Situated in the heart of East Finchley’s popular county road. This five Bedroom, two bathroom and three reception semi-detached family house presents an incredible opportunity for those seeking a home with immense potential. In need of modernisation, this property offers a blank canvas for the discerning buyer to create their dream home.
With having the benefit of 5 spacious bedrooms, the property is well suited for families and those who are looking for additional space. Having an adaptable layout offers limitless opportunities and the prospect of extension (STPP) presents further opportunity to enhance the properties intrinsic values. The property also has an original three story residence and boasts a generous mature rear garden.
Prospective buyers will value the extra benefit of a chain-free purchase, enabling a smooth transaction and a swift move-in procedure. The property’s convenient location offers easy access to a rage of amenities, including local shops, restaurants, and excellent transport links such as East Finchley Tube Station.
To really grasp the potential characters and charm of this property, an internal viewing is highly recommended through the vendors sole agents Adam Hayes Estate Agents.
Population in N2 | 23,879 |
Population in London | 4,771,921 |
Town centre distance | 4.96 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.29 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | -11% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +4% |
Cash In | |
Deposit (25%) | £237,500 |
Stamp duty & legals | £65,950 |
Refurb costs | £94,446 |
Total cash in | £397,896 |
| |
Cash Out | |
Monetisation | Rent OutFlip |
Rent range | £1,950 - £32,500 |
Rent estimate | £4,250 |
Revaluation | £1,590,081 |
New mortgage | £1,110,396 |
Cash left in | £9,312 |
Running costs/mo | £5,497 |
Cashflow/mo | £-1,247 |
Cashflow/yr | £-14,964 |
Gross yield | 5% |
35 rents
Rent | Date | Distance | Address | Beds | Type | |
£3,750 | 02/24 | 0.04 mi | Lincoln Road, East Finchley, London, N2 | 5 | Terraced House | |
£4,250 | 02/24 | 0.12 mi | Fortis Green, East Finchley | 3 | Flat | |
£5,000 | 02/24 | 0.15 mi | Park Hall Road, East Finchley, London, N2 | 5 | Terraced House | |
£1,950 | 02/24 | 0.23 mi | High Road, East Finchley, N2 | 3 | Flat | |
£2,300 | 02/24 | 0.23 mi | Blaenavon, Fortis Green, London, N2 | 3 | Flat | |
£3,900 | 02/24 | 0.27 mi | Lynmouth Road East Finchley N2 | 4 | Flat | |
£4,250 | 02/24 | 0.31 mi | Shakespeare Gardens, East Finchley, N2 | 4 | Detached House | |
£3,800 | 02/24 | 0.33 mi | Greenfield Drive, East Finchley, London, N2 | 4 | Terraced House | |
£2,495 | 01/24 | 0.34 mi | - | 3 | Flat | |
£5,750 | 12/23 | 0.35 mi | Edmunds Walk, London | 4 | Detached House | |
£3,500 | 10/16 | 0.36 mi | Oakview Gardens, London, N2 | 4 | Flat | |
£4,995 | 02/24 | 0.36 mi | Creighton Avenue | 5 | Flat | |
£22,750 | 11/23 | 0.37 mi | The Bishops Avenue, Hampstead Garden Suburbs, N2 | 5 | Flat | |
£22,750 | 09/23 | 0.38 mi | Bishops Avenue, Hampstead Gardens Suburb, London, N2 | 5 | Detached House | |
£22,750 | 10/23 | 0.38 mi | The Bishops Avenue, London, N2 | 5 | Detached House | |
£21,450 | 04/22 | 0.38 mi | The Bishops Avenue, Hampstead, N2 | 5 | Flat | |
£21,450 | 02/24 | 0.38 mi | The Bishops Avenue, Hampstead Garden Suburb, N2 | 5 | Detached House | |
£32,500 | 04/23 | 0.38 mi | The Bishops Avenue, Kenwood, N2 | 4 | Flat | |
£28,167 | 03/23 | 0.39 mi | The Bishops Avenue, East Finchley N2 | 6 | Detached House | |
£2,950 | 02/24 | 0.4 mi | Ashburnham Close, London, N2 | 3 | Flat | |
£22,750 | 07/23 | 0.41 mi | The Bishops Avenue, Hampstead Garden Suburb | 6 | Detached House | |
£21,450 | 01/24 | 0.41 mi | The Bishops Avenue, Hampstead Garden Suburb, N2 | 6 | Detached House | |
£21,450 | 02/24 | 0.42 mi | The Bishops Avenue, Hampstead, London | 5 | Detached House | |
£21,450 | 11/23 | 0.43 mi | The Bishops Avenue, Hampstead Garden Suburb, N2 | 5 | Detached House | |
£21,450 | 02/24 | 0.43 mi | The Bishops Avenue, Hampstead Garden Suburb, N2 | 5 | Detached House | |
£21,450 | 02/24 | 0.43 mi | The Bishops Avenue, Hampstead Garden Suburb, N2 | 5 | Detached House | |
£2,500 | 02/24 | 0.44 mi | Fortis Green, London, N10 | 3 | Flat | |
£3,003 | 02/24 | 0.46 mi | Fortis Green, London, N10 | 3 | Flat | |
£2,350 | 02/24 | 0.46 mi | Leslie Road, East Finchley | 3 | Flat | |
£3,796 | 02/24 | 0.52 mi | Great North Road, Highgate N6 | 4 | Flat | |
£2,350 | 02/24 | 0.54 mi | Fortis Green Road, London | 3 | Flat | |
£2,200 | 11/23 | 0.56 mi | Manor Park Road, East Finchley, N2 | 3 | Flat | |
£2,750 | 02/24 | 0.57 mi | Fortis Green Road, Muswell Hill, N10 | 3 | Flat | |
£2,350 | 02/24 | 0.57 mi | High Road, London | 3 | Flat | |
£5,500 | 02/24 | 0.6 mi | Firs Avenue, Muswell Hill | 5 | Flat |
Sold prices | £911K - £3.1M |
Sold prices/m² | £5,896/m² - £17,411/m² |
| |
Square metres | ~178.28 m² |
Price/m² | £5,329/m² |
Value estimate | £950,000 |
| |
End value, after refurb | £1,590,081 |
Uplift in value | +67% |
50 sold prices
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£1.2M | 04/21 | 0.03 mi | 8, Lincoln Road, London, Greater London N2 9DL | £8,574 | 136 | 5 | Semi-Detached House | |
£1.5M | 11/22 | 0.03 mi | 76, Lincoln Road, London, Greater London N2 9DL | £10,833 | 134 | 5 | Semi-Detached House | |
£1.4M | 09/21 | 0.1 mi | 54, Durham Road, London, Greater London N2 9DT | £7,844 | 178 | 5 | Terraced House | |
£1.1M | 05/20 | 0.1 mi | 21, Fortis Green, London, Greater London N2 9JN | £5,896 | 187 | 5 | Terraced House | |
£1.3M | 09/21 | 0.11 mi | 24, Huntingdon Road, London, Greater London N2 9DU | £12,251 | 104 | 5 | Terraced House | |
£1.2M | 03/21 | 0.14 mi | 17, Park Hall Road, London, Greater London N2 9PT | - | - | 5 | Terraced House | |
£1.0M | 06/21 | 0.14 mi | 31, Park Hall Road, East Finchley, London, Greater London N2 9PT | £6,168 | 167 | 5 | Terraced House | |
£1.3M | 12/19 | 0.16 mi | 37, Springcroft Avenue, London, Greater London N2 9JH | £8,604 | 154 | 5 | Semi-Detached House | |
£1.4M | 02/21 | 0.17 mi | 58, Springcroft Avenue, London, Greater London N2 9JE | £7,377 | 183 | 5 | Terraced House | |
£935K | 04/21 | 0.17 mi | 6, Beresford Road, London, Greater London N2 8AT | £6,978 | 134 | 5 | Terraced House | |
£2.1M | 08/23 | 0.17 mi | 87, Fortis Green, London, Greater London N2 9HU | - | - | 5 | Semi-Detached House | |
£2.8M | 10/20 | 0.17 mi | 20, Church Vale, London, Greater London N2 9PA | £10,646 | 263 | 5 | Semi-Detached House | |
£1.4M | 09/21 | 0.2 mi | 92, Hertford Road, East Finchley, London, Greater London N2 9BU | - | - | 5 | Semi-Detached House | |
£1.6M | 06/21 | 0.22 mi | 44, Baronsmere Road, London, Greater London N2 9QE | - | - | 5 | Terraced House | |
£2.3M | 10/22 | 0.22 mi | 17, Church Vale, London, Greater London N2 9PB | - | - | 5 | Terraced House | |
£1.6M | 04/21 | 0.23 mi | 255, Creighton Avenue, London, Greater London N2 9BP | £7,846 | 210 | 5 | Semi-Detached House | |
£1.5M | 05/23 | 0.23 mi | 231, Creighton Avenue, London, Greater London N2 9BP | - | - | 5 | Semi-Detached House | |
£2.5M | 04/23 | 0.27 mi | 68, Twyford Avenue, London, Greater London N2 9NL | £12,260 | 208 | 5 | Semi-Detached House | |
£2.6M | 09/20 | 0.27 mi | 62, Twyford Avenue, London, Greater London N2 9NL | £10,176 | 255 | 5 | Detached House | |
£2.2M | 12/19 | 0.27 mi | 35, Beech Drive, London, Greater London N2 9NX | £9,589 | 231 | 5 | Semi-Detached House | |
£1.8M | 06/23 | 0.27 mi | 37, Lynmouth Road, London, Greater London N2 9LR | £9,986 | 175 | 5 | Terraced House | |
£1.8M | 01/21 | 0.31 mi | 23, Shakespeare Gardens, London, Greater London N2 9LJ | - | - | 5 | Semi-Detached House | |
£1.5M | 08/21 | 0.31 mi | The Laurels, 2a, Southern Road, London, Greater London N2 9LN | £8,409 | 176 | 5 | Semi-Detached House | |
£3.1M | 10/21 | 0.33 mi | 26, Ringwood Avenue, London, Greater London N2 9NS | £11,012 | 284 | 5 | Detached House | |
£1.8M | 11/21 | 0.37 mi | 7, Midhurst Avenue, London, Greater London N10 3EP | £15,127 | 120 | 5 | Detached House | |
£2.1M | 10/20 | 0.37 mi | 31, Deansway, London, Greater London N2 0NF | £12,643 | 166 | 5 | Detached House | |
£1.3M | 11/22 | 0.37 mi | 6, Stanley Road, London, Greater London N2 0NB | - | - | 5 | Semi-Detached House | |
£1.5M | 12/19 | 0.38 mi | 17, Midhurst Avenue, London, Greater London N10 3EP | £9,531 | 160 | 5 | Semi-Detached House | |
£1.1M | 07/22 | 0.39 mi | 59, Chandos Road, London, Greater London N2 9AR | - | - | 5 | Semi-Detached House | |
£2.0M | 06/22 | 0.41 mi | 48, Fordington Road, London, Greater London N6 4TJ | £7,500 | 270 | 5 | Detached House | |
£2.0M | 08/21 | 0.41 mi | 79, Fordington Road, London, Greater London N6 4TH | £9,479 | 211 | 5 | Semi-Detached House | |
£2.1M | 12/22 | 0.42 mi | 82, Twyford Avenue, London, Greater London N2 9NN | £17,411 | 123 | 5 | Semi-Detached House | |
£1.8M | 11/23 | 0.45 mi | 32, Church Lane, London, Greater London N2 8DT | £9,823 | 178 | 5 | Semi-Detached House | |
£2.0M | 05/23 | 0.47 mi | 19, Woodside Avenue, London, Greater London N6 4SP | - | - | 5 | Semi-Detached House | |
£2.0M | 03/23 | 0.48 mi | 110, Brim Hill, London, Greater London N2 0EY | £9,660 | 206 | 5 | Semi-Detached House | |
£1.9M | 08/23 | 0.49 mi | 68, Woodside Avenue, London, Greater London N6 4ST | - | - | 5 | Semi-Detached House | |
£1.9M | 06/23 | 0.49 mi | 41, Grand Avenue, London, Greater London N10 3BS | £9,466 | 206 | 5 | Terraced House | |
£2.0M | 07/22 | 0.5 mi | 12, Bancroft Avenue, London, Greater London N2 0AS | - | - | 5 | Semi-Detached House | |
£1.8M | 11/20 | 0.51 mi | 76, Creighton Avenue, London, Greater London N10 1NT | £8,334 | 214 | 5 | Detached House | |
£2.9M | 11/21 | 0.51 mi | 60, Grand Avenue, London, Greater London N10 3BP | £10,920 | 261 | 5 | Terraced House | |
£1.9M | 12/22 | 0.52 mi | 40, Fortismere Avenue, London, Greater London N10 3BL | - | - | 5 | Semi-Detached House | |
£1.4M | 01/23 | 0.53 mi | 1, Coppetts Road, London, Greater London N10 1NN | £10,959 | 131 | 5 | Terraced House | |
£911K | 07/23 | 0.54 mi | 27, Elmfield Road, London, Greater London N2 8EB | - | - | 5 | Terraced House | |
£2.8M | 10/20 | 0.55 mi | 3, Lanchester Road, London, Greater London N6 4SU | £12,389 | 226 | 5 | Semi-Detached House | |
£2.1M | 05/23 | 0.55 mi | 44, Lanchester Road, London, Greater London N6 4TA | - | - | 5 | Semi-Detached House | |
£2.9M | 07/23 | 0.55 mi | 5, Lanchester Road, London, Greater London N6 4SU | - | - | 5 | Semi-Detached House | |
£1.8M | 10/23 | 0.56 mi | 31, Lanchester Road, London, Greater London N6 4SX | - | - | 5 | Semi-Detached House | |
£930K | 07/23 | 0.57 mi | 30, Trinity Road, London, Greater London N2 8JJ | £6,159 | 151 | 5 | Semi-Detached House | |
£1.0M | 03/21 | 0.57 mi | 45, Sussex Gardens, London, Greater London N6 4LY | £7,246 | 138 | 5 | Terraced House | |
£2.3M | 04/22 | 0.57 mi | 30, Aylmer Road, London, Greater London N2 0BX | £7,833 | 299 | 5 | Detached House |