2 Bed Flat, Single Let, London, N12 0AN, £340,000

121 Glebelands Close, London, Greater London, N12 0AN - 1 views - a year ago

Leasehold

BTL

ROI: 2%

~67 m²

ValuationUndervalued

Sold Prices	£237.4K - £575K
Sold Prices/m²	£3.3K/m² - £9.5K/m²

Square Metres	~66.80 m²
Price/m²	£5.1K/m²
Value Estimate	£411,800£411,800
BMV	21%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£85,000£85,000
Stamp Duty & Legal Fees	£15,900£15,900
Total Cash In	£100,900£100,900

Cash Out
Rent Range	£1,600 - £3,000£1,600 - £3,000
Rent Estimate	£1,600
Running Costs/mo	£1,403£1,403
Cashflow/mo	£198£198
Cashflow/yr	£2,370£2,370
ROI	2%2%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £237.4K to £575K, average is £382.5K. £3.3K/m² to £9.5K/m², average is £6.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£321K	04/23	0 mi	71, Glebelands Close, London, Greater London N12 0AH	£5,441	59	2	Flat
£380K	05/21	0 mi	114, Glebelands Close, London, Greater London N12 0AN	£5,672	67	2	Flat
£300K	03/23	0 mi	102, Glebelands Close, London, Greater London N12 0AN	£4,545	66	2	Flat
£350K	03/23	0 mi	128, Glebelands Close, London, Greater London N12 0AN	£5,303	66	2	Flat
£360K	06/21	0.02 mi	111, Glebelands Close, London, Greater London N12 0AN	£5,538	65	2	Flat
£318K	04/21	0.08 mi	Flat 7, North Gates, High Road, London, Greater London N12 0AR	-	-	2	Flat
£265K	10/22	0.12 mi	142, Old Farm Road, London, Greater London N2 9RQ	£3,272	81	2	Flat
£330K	06/21	0.13 mi	158, Old Farm Road, London, Greater London N2 9RQ	£4,177	79	2	Flat
£416.5K	02/23	0.16 mi	Ground Floor Flat, 17, Squires Lane, London, Greater London N3 2AN	£9,256	45	2	Flat
£360K	04/21	0.27 mi	61, Bow Lane, London, Greater London N12 0JL	-	-	2	Flat
£535K	05/23	0.3 mi	22, Woodlands Avenue, London, Greater London N3 2NR	£9,386	57	2	Flat
£440K	03/21	0.32 mi	7a, Woodlands Avenue, London, Greater London N3 2NS	-	-	2	Flat
£489K	12/20	0.32 mi	11, Woodlands Avenue, London, Greater London N3 2NS	-	-	2	Flat
£327.5K	06/21	0.38 mi	597a, High Road, London, Greater London N12 0DY	£5,712	57	2	Flat
£385K	01/23	0.39 mi	165, Squires Lane, London, Greater London N3 2AA	-	-	2	Flat
£485K	10/23	0.41 mi	27b, Granville Road, London, Greater London N12 0HP	£7,647	63	2	Flat
£355K	06/21	0.44 mi	8, Simms Gardens, London, Greater London N2 8HT	£5,547	64	2	Flat
£472K	12/22	0.44 mi	Flat 21, Etchingham Court, Etchingham Park Road, London, Greater London N3 2EA	-	-	2	Flat
£332.5K	03/23	0.44 mi	21, Simms Gardens, London, Greater London N2 8HT	£6,638	50	2	Flat
£330K	03/21	0.44 mi	7, Simms Gardens, London, Greater London N2 8HT	£6,226	53	2	Flat
£490K	06/21	0.45 mi	Flat A, 3, Etchingham Park Road, London, Greater London N3 2DU	£7,758	63	2	Flat
£390K	05/21	0.45 mi	55, Long Lane, London, Greater London N3 2HY	£5,065	77	2	Flat
£515K	06/21	0.45 mi	95a, Long Lane, London, Greater London N3 2HY	£6,719	77	2	Flat
£380K	05/23	0.45 mi	83a, Long Lane, London, Greater London N3 2HY	-	-	2	Flat
£335K	03/21	0.46 mi	23, Simms Gardens, London, Greater London N2 8HT	£8,816	38	2	Flat
£308K	08/23	0.46 mi	170d, Long Lane, London, Greater London N3 2RA	-	-	2	Flat
£500K	11/22	0.51 mi	2, Woodberry Gardens, London, Greater London N12 0HD	£8,197	61	2	Flat
£273.8K	03/21	0.52 mi	Flat 5, Spencer Court, Granville Road, London, Greater London N12 0HN	-	-	2	Flat
£320K	12/20	0.52 mi	Flat 16, Colman Court, Christchurch Avenue, London, Greater London N12 0DT	-	-	2	Flat
£350K	11/23	0.52 mi	Flat 9, Colman Court, Christchurch Avenue, London, Greater London N12 0DT	-	-	2	Flat
£440K	11/20	0.55 mi	190a, Squires Lane, London, Greater London N3 2QT	£6,769	65	2	Flat
£470K	11/20	0.55 mi	196, Squires Lane, London, Greater London N3 2QT	£7,705	61	2	Flat
£340K	01/24	0.55 mi	626, High Road, London, Greater London N12 0NU	£6,410	53	2	Flat
£347K	10/20	0.55 mi	214c, Ballards Lane, London, Greater London N3 2LX	£5,422	64	2	Flat
£425K	07/23	0.57 mi	Flat 11, Netherwood, High Road, London, Greater London N2 8HH	-	-	2	Flat
£368.1K	11/21	0.58 mi	261b, Ballards Lane, London, Greater London N3 1NG	£6,347	58	2	Flat
£435K	06/21	0.58 mi	335a, Long Lane, London, Greater London N2 8JW	-	-	2	Flat
£454K	10/22	0.59 mi	Flat 33, Finchley Court, Ballards Lane, Finchley, London, Greater London N3 1NH	-	-	2	Flat
£237.4K	01/23	0.6 mi	Flat 5, The Fountains, Ballards Lane, Finchley, London, Greater London N3 1NL	-	-	2	Flat
£415K	09/23	0.61 mi	18, Burnbrae Close, London, Greater London N12 8PH	£6,103	68	2	Flat
£390K	11/20	0.61 mi	18, Burnbrae Close, London, Greater London N12 8PH	£5,735	68	2	Flat
£331K	11/23	0.61 mi	Flat 6, Garden Lodge Court, Church Lane, London, Greater London N2 8DU	-	-	2	Flat
£423K	07/23	0.62 mi	Flat 76, Finchley Court, Ballards Lane, Finchley, London, Greater London N3 1NJ	-	-	2	Flat
£330K	09/23	0.62 mi	33a, Woodhouse Road, London, Greater London N12 9ET	-	-	2	Flat
£462.5K	04/21	0.62 mi	16a, Rosemont Avenue, London, Greater London N12 0BX	£5,640	82	2	Flat
£412.5K	02/21	0.63 mi	Flat 1, Finchley Court, Ballards Lane, Finchley, London, Greater London N3 1NH	-	-	2	Flat
£500K	03/21	0.64 mi	389, Long Lane, London, Greater London N2 8JN	£9,535	52	2	Flat
£400K	03/21	0.65 mi	14a, Brownlow Road, London, Greater London N3 1NA	£6,452	62	2	Flat
£575K	12/22	0.65 mi	10, Rosemary Avenue, London, Greater London N3 2QN	£9,274	62	2	Flat
£475K	12/20	0.65 mi	21a, Grove Road, London, Greater London N12 9EB	£5,398	88	2	Flat

Local Rents

50 rents from £1.6K/mo to £3K/mo, average is £1.9K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,200	05/24	0 mi	-	2	Flat
£2,150	03/25	0 mi	-	2	Flat
£2,050	04/25	0 mi	-	2	Flat
£2,050	05/24	0 mi	Glebelands Close, North Finchley, London, N12	2	Flat
£1,700	02/24	0.02 mi	-	2	Flat
£1,700	06/24	0.1 mi	High Road, North Finchley, N12	2	Flat
£1,800	05/24	0.13 mi	Connections House, Glebe Road, London	2	Flat
£1,900	02/25	0.13 mi	-	2	Flat
£2,050	06/24	0.16 mi	High Road, London, N2	2	Flat
£2,050	12/24	0.17 mi	-	2	Flat
£2,100	04/25	0.17 mi	-	2	Flat
£1,800	05/24	0.18 mi	Connections House, Glebe Road, Finchley, London, N3	2	Flat
£1,850	07/24	0.18 mi	Glebe Road, Finchley	2	Flat
£1,900	12/24	0.19 mi	Granville Place, Finchley, London, N12	2	Flat
£1,600	05/24	0.2 mi	Granville Place, High Road, North Finchley, London, N12	2	Flat
£1,700	06/24	0.2 mi	High Road, North Finchley, N12	2	Flat
£1,900	06/24	0.2 mi	High Road	2	Flat
£1,775	12/24	0.21 mi	-	2	Flat
£2,100	12/24	0.24 mi	Lankaster Gardens, East Finchley, N2	2	Flat
£2,000	08/24	0.27 mi	Queens Avenue, London	2	Flat
£2,000	08/24	0.27 mi	Queens Avenue, Finchley, N3	2	Flat
£2,050	06/24	0.27 mi	-	2	Flat
£2,050	06/24	0.27 mi	High Road, London, N2	2	Flat
£1,650	02/25	0.27 mi	-	2	Flat
£2,000	07/24	0.27 mi	Queens Avenue, Finchley, London, N3	2	Flat
£1,900	06/24	0.31 mi	-	2	Flat
£1,900	06/24	0.31 mi	High Road, London, N2	2	Flat
£1,650	05/24	0.32 mi	Squires Court, Abingdon Road, London, N3	2	Flat
£1,995	01/25	0.35 mi	-	2	Flat
£2,000	05/24	0.36 mi	Squires Lane, London, N3	2	Flat
£1,950	05/24	0.36 mi	High Road, North Finchley, London, N12	2	Flat
£1,800	02/24	0.37 mi	Squires Lane, Finchley, London, N3	2	Flat
£1,600	12/24	0.38 mi	Chislehurst Avenue, North Finchley, London, N12	2	Flat
£1,650	06/24	0.41 mi	Long Lane, Finchley	2	Flat
£1,600	06/24	0.42 mi	Long Lane, Finchley	2	Flat
£1,800	04/25	0.42 mi	-	2	Flat
£1,700	05/24	0.43 mi	Etchingham Court, Etchingham Park Road, Finchley, N3	2	Flat
£1,700	06/24	0.43 mi	Etchingham Court, Etchingham Park Road, Finchley, N3	2	Flat
£1,850	06/24	0.43 mi	Etchingham Park Road London N3	2	Flat
£1,975	05/24	0.43 mi	-	2	Flat
£2,000	05/24	0.43 mi	Etchingham Court, Finchley Central, N3	2	Flat
£2,500	05/24	0.43 mi	-	2	Flat
£1,800	05/24	0.44 mi	Simms Gardens, East Finchley, N2	2	Flat
£1,800	12/24	0.44 mi	-	2	Flat
£1,700	12/24	0.44 mi	-	2	Flat
£1,995	06/24	0.44 mi	Etchingham Court, Etchingham Park Road, Finchley	2	Flat
£3,000	09/24	0.45 mi	Squires Lane, Finchley, London, N3	2	Flat
£1,650	05/24	0.45 mi	Woodgrange Avenue	2	Flat
£1,650	06/24	0.46 mi	-	2	Flat
£2,000	06/24	0.46 mi	Woodgrange Avenue, North Finchley N12	2	Flat

Local Area Statistics

Population in N12	28,74128,741
Population in London	4,771,9214,771,921
Town centre distance	5.94 miles away5.94 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.79 miles away0.79 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	+12%+12%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+15%+15%

Property History

Listed for £340,000

January 3, 2024

Sold for £250,000

2006

Sold for £250,000

2004

Floor Plans

Description

2 BEDROOMS +
2 BATHROOMS (ONE EN-SUITE) +
SPACIOUS LOUNGE +
KITCHEN +
BALCONY +
CHAIN FREE +

Situated in a gated development is this well 2 bedroom, 2 bathroom first floor apartment. Internally there is a spacious living room with balcony opening to kitchen, two double bedrooms with the master benefiting from an en-suite bathroom and guest shower room. The development boasts a residents gym, lift and allocated parking for one car. Vue Cinema and Leisure Complex, David Lloyd Fitness Centre, North Circular Road and local shops are also within walking distance. Chain Free. Sole Agents

General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if
there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if
you are contemplating travelling some distance to view the property. Measurements: These approximate room sizes are only intended as general
guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture. Services: Please note we have not tested the
services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or
service reports before finalizing their offer to purchase. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE
REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE
INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER ROUNDTREE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY
AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Roundtree Real Estate, London

020 3909 6785

Next Steps?

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ValuationUndervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

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Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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