2 Bed Flat, Single Let, Potters Bar, EN6 3HU, £250,000

Kimptons Close, Potters Bar, EN6 3HU - 2 years ago

Sold STC
Leasehold
BTL
ROI: 8%
~81 m²
+2 photos

ValuationUndervalued

Sold Prices£200K - £590K
Sold Prices/m²£3.5K/m² - £8.2K/m²

 

 

Square Metres

~81.20 m²
Price/m²£3.1K/m²

Value Estimate

£302,500
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£1,395 - £2,950

Rent Estimate

£1,606

Running Costs/mo

£1,122

Cashflow/mo

£484

Cashflow/yr

£5,803

ROI

8%

Gross Yield

8%

Local Sold Prices

36 sold prices from £200K to £590K, average is £337.5K. £3.5K/m² to £8.2K/m², average is £5.5K/m².

PriceDateDistanceAddressBeds 
£370.5K04/210.3 mi117, Dugdale Hill Lane, Potters Bar, Hertfordshire EN6 2DS2
£369K06/210.48 mi16, Dugdale Hill Lane, Potters Bar, Hertfordshire EN6 2DW2
£370K01/210.56 mi40, Aberdale Gardens, Potters Bar, Hertfordshire EN6 2JN2
£380K03/210.56 mi62, Aberdale Gardens, Potters Bar, Hertfordshire EN6 2JN2
£385K01/230.56 mi74, Aberdale Gardens, Potters Bar, Hertfordshire EN6 2JN2
£278.5K12/200.57 mi38, Cranborne Close, Potters Bar, Hertfordshire EN6 3AU2
£275K04/210.57 mi75, Bornedene, Potters Bar, Hertfordshire EN6 3EN2
£299.9K04/230.59 mi49, Bornedene, Potters Bar, Hertfordshire EN6 3EL2
£348K04/210.66 mi10, Weston Close, Potters Bar, Hertfordshire EN6 2BQ2
£302K10/220.68 mi19, Baker Street, Potters Bar, Hertfordshire EN6 2DZ2
£590K09/210.81 mi171, Mutton Lane, Potters Bar, Hertfordshire EN6 2AN2
£255K01/230.85 miFlat 24, Seabrook Court, Station Close, Potters Bar, Hertfordshire EN6 1TG2
£225K09/220.85 miFlat 26, Seabrook Court, Station Close, Potters Bar, Hertfordshire EN6 1TG2
£300K01/210.85 miFlat 32, Seabrook Court, Station Close, Potters Bar, Hertfordshire EN6 1TG2
£300K06/210.85 miFlat 18, Seabrook Court, Station Close, Potters Bar, Hertfordshire EN6 1TG2
£410.3K12/220.91 mi70a, Strafford Gate, Potters Bar, Hertfordshire EN6 1PL2
£455K09/211.17 miFlat 15, The Briers, The Walk, Potters Bar, Hertfordshire EN6 1QE2
£450K05/211.17 miFlat 11, The Briers, The Walk, Potters Bar, Hertfordshire EN6 1QE2
£347.5K02/211.27 mi1, Rosary Court, Potters Bar, Hertfordshire EN6 1HA2
£372.5K03/211.27 mi5, Rosary Court, Potters Bar, Hertfordshire EN6 1HA2
£368K11/221.27 mi2, Rosary Court, Potters Bar, Hertfordshire EN6 1HA2
£340K06/211.44 mi73, Church Road, Potters Bar, Hertfordshire EN6 1EY2
£295K09/211.48 mi2, Heathfield Close, Potters Bar, Hertfordshire EN6 1SW2
£328K03/211.51 mi39, Heathfield Close, Potters Bar, Hertfordshire EN6 1SP2
£355K02/211.51 mi21, Sandringham Road, Potters Bar, Hertfordshire EN6 1EX2
£302K02/211.56 mi7, The Highlands, Potters Bar, Hertfordshire EN6 1HU2
£235K03/211.56 miFlat 35, Hertford Mews, Billy Lows Lane, Potters Bar, Hertfordshire EN6 1XW2
£200K03/231.56 miFlat 21, Hertford Mews, Billy Lows Lane, Potters Bar, Hertfordshire EN6 1XW2
£215K07/231.56 miFlat 3, Hertford Mews, Billy Lows Lane, Potters Bar, Hertfordshire EN6 1XW2
£262K04/211.56 mi23, The Highlands, Potters Bar, Hertfordshire EN6 1HU2
£335K01/231.57 mi43, Heathfield Close, Potters Bar, Hertfordshire EN6 1SR2
£275K03/211.63 mi9, Chauncy Avenue, Potters Bar, Hertfordshire EN6 5LE2
£330K12/201.64 mi1, Margarets Close, Potters Bar, Hertfordshire EN6 5LB2
£350K05/211.64 mi3, Norman Court, Potters Bar, Hertfordshire EN6 1HY2
£380K05/231.88 mi2, Faringford Close, Potters Bar, Hertfordshire EN6 5JS2
£400K10/221.88 mi10, Faringford Close, Potters Bar, Hertfordshire EN6 5JS2

Local Rents

20 rents from £1.4K/mo to £3K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,65003/250.47 mi-2
£1,65004/240.52 miAberdale Gardens, Potters Bar, Hertfordshire, EN62
£1,60002/240.56 mi-2
£1,69004/240.66 miWeston Close, Potters Bar2
£2,25012/240.7 mi-2
£1,39504/240.72 miWyllyotts Close, Potters Bar, EN62
£2,55012/240.75 mi-2
£2,95012/240.75 mi-2
£1,65004/240.81 miAlbany Gate, Darkes Lane, Potters Bar, Hertfordshire, EN62
£1,69504/240.81 miDarkes Lane, Potters Bar2
£1,75012/240.82 miMutton Lane, Potters Bar2
£1,75003/240.82 miMutton Lane, Potters Bar2
£1,50003/240.92 miDarkes Lane, Potters Bar, EN62
£1,90004/240.92 miThe Picture House, 191-195 Darkes Lane, Potters Bar, Hertfordshire, EN62
£1,75003/240.92 miThe Picture House, 191-195 Darkes Lane, Potters Bar, Hertfordshire, EN62
£1,75004/240.96 miPotters Bar2
£1,75004/240.96 miDarkes Lane, Potters Bar2
£1,75004/240.96 miThe Picture House, Darkes Lane2
£1,75004/240.96 miDarkes Lane, Potters Bar2
£1,75004/240.96 miDarkes Lane, Potters Bar2

Local Area Statistics

Population in EN6

29,067

Population in Potters Bar

29,075

Town centre distance

1.17 miles away

Nearest school

0.30 miles away

Nearest train station

0.74 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+16%

Sales demand

Buyer's market

Capital growth (5yrs)

+14%

Property History

Listed for £250,000

December 22, 2022

Floor Plans

Description

  • Walking distance to Dame Alice Owens +
  • 2 Double Bedrooms +
  • 20' Dual Aspect Living Room +
  • First Floor +
  • Communal Gardens +
  • Short walk to Potters Bar Station +
  • 88 Year Lease +
  • Service Charge £594 pa +
  • Ground Rent £10 pa +
  • Chain Free +

* * CHAIN FREE * *

Located 0.3 miles to Dame Alice Owens School, Auckland Estates are delighted to offer this 2 TWO DOUBLE BEDROOM flat in the popular Kimptons Close in Kimptons Mead.

The property has a large 20' Dual Aspect Living Room, 2 Great Bedrooms, Modern Kitchen and Bathroom with separate WC'. This spacious First Floor Flat offers ample storage and share communal gardens with access into the open fields and woods.

Perfectly located approximately 0.7 miles to Potters Bar Station and a short walk to Dame Alice Owens, ideal for FIRST TIME BUYERS, RENTAL INVESTORS and small FAMILIES.

Offered for sale with No Onward Chain, for more information and to arrange a viewing please contact Auckland Estates today. 

ENTRANCE HALL  

LIVING ROOM 28' 8" x 11' 3" (8.74m x 3.43m)  

BEDROOM ONE 12' 5" x 9' 8" (3.78m x 2.95m)  

BEDROOM TWO 12' 5 " x 8' 8" (3.78m x 2.64m)  

KITCHEN 12' 7" x 7' 5" (3.84m x 2.26m)  

BATHROOM 9' 0" x 5' 0" (2.74m x 1.52m)  

COMMUNAL GARDENS  

LEASE: 88 YEARS  

SERVICE CHARGE: £594 PA  

GROUND RENT: £10 PA  

CHAIN FREE SALE

Agent Details

Auckland Estates Limited, Potters Bar

01707 241361

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪