2 Bed Flat, Single Let, London, N18 2FF, £339,000

74 Fore Street, London, N18, N18 2FF - a year ago

Sold STC
Leasehold
BTL
ROI: 1%
~71 m²
+9 photos

ValuationFair Value

Sold Prices£230K - £415K
Sold Prices/m²£3.2K/m² - £7.2K/m²

 

 

Square Metres

~71 m²
Price/m²£4.8K/m²

Value Estimate

£345,623

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£84,750

Stamp Duty & Legal Fees

£15,820

Total Cash In

£100,570

 

 

Cash Out

 

Rent Range

£1,450 - £3,500

Rent Estimate

£1,500

Running Costs/mo

£1,379

Cashflow/mo

£121

Cashflow/yr

£1,448

ROI

1%

Gross Yield

5%

Local Sold Prices

42 sold prices from £230K to £415K, average is £270K. £3.2K/m² to £7.2K/m², average is £4.9K/m².

PriceDateDistanceAddressBeds 
£233K02/220.12 miFlat 7, Bridport House, Colyton Way, London, Greater London N18 2XJ2
£300K06/210.25 mi106, Middleham Road, London, Greater London N18 2SD2
£307K03/210.34 mi69, Northumberland Park, London, Greater London N17 0TG2
£285K11/220.36 mi1, Taylor Close, London, Greater London N17 0UB2
£245K02/220.4 mi6, Inverness Road, London, Greater London N18 2EE2
£342K02/230.42 mi123, Northumberland Park, London, Greater London N17 0TL2
£265K07/220.45 mi28, Herne Mews, London, Greater London N18 2QZ2
£251K10/210.46 mi14, Dickens Lane, London, Greater London N18 1PH2
£230K06/220.46 mi23, Dickens Lane, London, Greater London N18 1PH2
£275K04/230.47 mi26, Culpepper Close, London, Greater London N18 2DZ2
£270K03/230.47 mi12, Culpepper Close, London, Greater London N18 2DZ2
£310K04/210.49 mi17, Academia Way, London, Greater London N17 8HE2
£270K11/210.52 mi50, Leopold Road, London, Greater London N18 2HX2
£320K08/210.53 miFlat 37, Somerset Hall, Creighton Road, London, Greater London N17 8SH2
£266K12/210.53 mi70, Leopold Road, London, Greater London N18 2HX2
£260K04/210.53 mi46, Leopold Road, London, Greater London N18 2EW2
£275K11/200.54 miFlat 55, Somerset Hall, Creighton Road, London, Greater London N17 8SH2
£260K12/220.55 mi52, Pycroft Way, London, Greater London N9 9XY2
£290K11/220.56 miFlat 46, Somerset Hall, Creighton Road, London, Greater London N17 8SH2
£245K07/220.56 mi82, Wigston Close, London, Greater London N18 1XF2
£255K06/220.56 mi49, Tanners End Lane, London, Greater London N18 1PQ2
£250K08/220.56 mi55, Tanners End Lane, London, Greater London N18 1PQ2
£250K01/220.57 mi56, Leopold Road, London, Greater London N18 2HX2
£270K11/210.57 mi50, Leopold Road, London, Greater London N18 2HX2
£243K02/230.58 mi38, Tanners End Lane, London, Greater London N18 1PG2
£274K03/230.59 mi10, Park Lane Close, London, Greater London N17 0HL2
£270K09/220.59 mi49, Pycroft Way, London, Greater London N9 9XU2
£260K03/210.59 mi53, Pycroft Way, London, Greater London N9 9XU2
£262K05/210.62 miFlat 4, Romany House, Beaconsfield Road, London, Greater London N9 0PY2
£245K03/210.66 miFlat 14, Corbridge House, Northumberland Park, London, Greater London N17 0QE2
£285K07/230.67 miFlat 3, Whittingham House, Northumberland Park, London, Greater London N17 0QG2
£257.5K09/210.69 mi42, Grilse Close, London, Greater London N9 0UU2
£321K06/210.72 mi28, Gascoigne Close, London, Greater London N17 8BA2
£315K10/230.74 mi16a, Sunnyside Road North, London, Greater London N9 9SW2
£275K03/220.77 mi41, Jeremys Green, London, Greater London N18 2NB2
£318K10/200.78 mi24, Shelbourne Road, London, Greater London N17 9YH2
£415K04/230.82 mi52, Pembury Road, London, Greater London N17 8LY2
£262K03/210.92 mi40, Siddons Road, London, Greater London N17 9UT2
£400K11/220.92 mi46, Siddons Road, London, Greater London N17 9UT2
£258K12/200.98 mi21, All Saints Close, London, Greater London N9 9AT2
£335K06/211 mi157, Shelbourne Road, London, Greater London N17 9YD2
£326K06/211 mi161a, Shelbourne Road, London, Greater London N17 9YD2

Local Rents

50 rents from £1.4K/mo to £3.5K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,75003/250.04 mi-2
£1,85006/240.15 miLeyburn Grove, Edmonton, London2
£1,95006/240.2 miLancaster Road, Edmonton2
£1,70006/240.22 miBrantwood Road, Tottenham, London, N172
£1,90005/240.27 mi-2
£1,85003/250.28 mi-2
£2,05012/240.28 mi-2
£1,95003/250.28 mi-2
£2,20003/250.28 mi-2
£1,45012/240.29 mi-2
£1,85003/250.29 mi-2
£1,85002/250.31 mi-2
£1,80003/250.32 mi-2
£1,80012/240.32 mi-2
£2,15012/240.33 mi-2
£3,50002/250.33 mi-2
£1,70012/240.33 mi-2
£2,00012/240.33 mi-2
£1,74506/240.34 miVictoria Road,2
£1,69506/240.34 miVictoria Road,2
£1,65003/250.34 mi-2
£2,49501/250.35 mi-2
£2,49502/250.35 mi-2
£2,39502/250.35 mi-2
£2,34502/250.35 mi-2
£2,34502/250.35 mi-2
£2,34502/250.35 mi-2
£2,19503/250.35 mi-2
£1,80005/240.4 mi-2
£1,95001/250.41 mi-2
£1,80005/240.42 miTrulock Road, Northumberland Park, Tottenham, London, N172
£1,82512/240.42 mi-2
£1,66205/240.42 miTrulock Road, Tottenham, London, N172
£1,75006/240.42 miTrulock Road, Tottenham, London, N172
£2,40003/250.42 mi-2
£1,59503/250.46 mi-2
£1,60001/250.48 mi-2
£1,80005/240.49 mi2 Bedroom Flat – Academia Way, White Hart Lane N172
£1,55005/240.5 miCulpepper Close, Edmonton, London, N182
£1,80003/250.5 mi-2
£1,80003/250.52 mi-2
£2,00006/240.52 mi-2
£1,60006/240.54 miSomerset Hall, Creighton Road, Tottenham N172
£1,59005/240.54 miWarwick Road, Edmonton, N182
£1,60001/250.54 mi-2
£1,90001/250.55 mi-2
£1,70012/240.55 mi-2
£1,90003/250.55 mi-2
£1,97503/250.55 mi-2
£2,50006/240.55 miCreighton Road, N172

Local Area Statistics

Population in N18

31,598

Population in London

4,771,921

Town centre distance

6 miles away

Nearest school

0.10 miles away

Nearest train station

0.44 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+19%

Sales demand

Buyer's market

Capital growth (5yrs)

+10%

Property History

Listed for £339,000

November 30, 2023

Floor Plans

Description

  • Spacious Two- Bedroom Apartment +
  • Open Plan Kitchen Leading To A Private Balcony. +
  • Long Lease +
  • Two Roomy Double Bedrooms With Built-In Wardrobes +
  • Master Bedroom With Ensuite +
  • AC Unit Professionally Mounted In 2021 +
  • Allocated Parking Space +

The Property
Ideal for First-Time Buyers or Savvy Investors!

Ideal for first-time buyers or investors alike, this spacious two-bedroom apartment is now ready to view.

Step into a world of modern simplicity where comfort meets practicality.

The apartment offers a spacious open-plan kitchen, seamlessly extending to a private balcony – your perfect retreat after a long day.

Two roomy double bedrooms, complete with built-in wardrobes, offer versatile living, while the master bedroom boasts its own ensuite for that extra touch of convenience.

Brand-new flooring ties the space together, leading you to a large family bathroom designed for ease of use. No unnecessary frills, just a thoughtfully crafted living space.

But the perks don't end there. The well-insulated building ensures a tranquil atmosphere, and the AC unit, professionally mounted in 2021, guarantees comfort during the sweltering summer months.

In addition, the apartment enjoys the advantage of a designated private parking space exclusively reserved for its use, situated at the nearby Trafalgar Place.

Whether you're taking your first steps into homeownership or expanding your investment portfolio, this two-bedroom gem offers a perfect blend of affordability and modern living.

Location

Prowse Court stands as a prominent development strategically positioned along the high street, offering easy access to transportation links, the A406, shopping amenities, restaurants, as well as nearby open spaces like Pymmes Park and Lea Valley. Additionally, the complex houses a medical center, and Silver Street Overground train station is just a short distance away, providing direct connections to London’s Liverpool Street and Seven Sisters on the Victoria line tube.

Property ownership information

Ground rent review period: Every 10 years

Service charge review period: Every 1 year

Lease end date: 10/03/2265

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering North London

020 3834 8512

Next Steps?

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