2 Bed Flat, Single Let, London, N3 1NG, £375,000

341 Regents Park Rd, Finchley, London, N3 1DP - 3 views - a year ago

Leasehold

BTL

ROI: 1%

~59 m²

+11 photos

ValuationUndervalued

Sold Prices	£237.4K - £620K
Sold Prices/m²	£4.9K/m² - £9.4K/m²

Square Metres	~58.90 m²
Price/m²	£6.4K/m²
Value Estimate	£388,394£388,394
BMV	4%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£93,750£93,750
Stamp Duty & Legal Fees	£18,700£18,700
Total Cash In	£112,450£112,450

Cash Out
Rent Range	£1,500 - £2,700£1,500 - £2,700
Rent Estimate	£1,613
Running Costs/mo	£1,514£1,514
Cashflow/mo	£99£99
Cashflow/yr	£1,182£1,182
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £237.4K to £620K, average is £415K. £4.9K/m² to £9.4K/m², average is £6.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£368.1K	11/21	0 mi	261b, Ballards Lane, London, Greater London N3 1NG	£6,347	58	2	Flat
£347K	10/20	0.03 mi	214c, Ballards Lane, London, Greater London N3 2LX	£5,422	64	2	Flat
£415K	09/23	0.05 mi	18, Burnbrae Close, London, Greater London N12 8PH	£6,103	68	2	Flat
£390K	11/20	0.05 mi	18, Burnbrae Close, London, Greater London N12 8PH	£5,735	68	2	Flat
£500K	11/22	0.07 mi	2, Woodberry Gardens, London, Greater London N12 0HD	£8,197	61	2	Flat
£273.8K	03/21	0.08 mi	Flat 5, Spencer Court, Granville Road, London, Greater London N12 0HN	-	-	2	Flat
£423K	07/23	0.09 mi	Flat 76, Finchley Court, Ballards Lane, Finchley, London, Greater London N3 1NJ	-	-	2	Flat
£454K	10/22	0.11 mi	Flat 33, Finchley Court, Ballards Lane, Finchley, London, Greater London N3 1NH	-	-	2	Flat
£537K	12/20	0.11 mi	4b, Thyra Grove, London, Greater London N12 8HD	£6,797	79	2	Flat
£412.5K	02/21	0.12 mi	Flat 1, Finchley Court, Ballards Lane, Finchley, London, Greater London N3 1NH	-	-	2	Flat
£237.4K	01/23	0.14 mi	Flat 5, The Fountains, Ballards Lane, Finchley, London, Greater London N3 1NL	-	-	2	Flat
£485K	10/23	0.16 mi	27b, Granville Road, London, Greater London N12 0HP	£7,647	63	2	Flat
£472K	12/22	0.17 mi	Flat 21, Etchingham Court, Etchingham Park Road, London, Greater London N3 2EA	-	-	2	Flat
£490K	06/21	0.2 mi	Flat A, 3, Etchingham Park Road, London, Greater London N3 2DU	£7,758	63	2	Flat
£400K	03/21	0.22 mi	14a, Brownlow Road, London, Greater London N3 1NA	£6,452	62	2	Flat
£400K	12/20	0.24 mi	24, Hutton Grove, London, Greater London N12 8DT	£6,667	60	2	Flat
£430K	01/21	0.24 mi	Flat 8, The Laurels, Nether Street, London, Greater London N3 1NP	-	-	2	Flat
£470K	02/23	0.25 mi	34, Hutton Grove, London, Greater London N12 8DT	£6,620	71	2	Flat
£340K	10/20	0.25 mi	Flat 3, Albany Court, Alexandra Grove, London, Greater London N12 8NN	-	-	2	Flat
£320K	12/20	0.28 mi	Flat 16, Colman Court, Christchurch Avenue, London, Greater London N12 0DT	-	-	2	Flat
£350K	11/23	0.28 mi	Flat 9, Colman Court, Christchurch Avenue, London, Greater London N12 0DT	-	-	2	Flat
£462.5K	04/21	0.29 mi	16a, Rosemont Avenue, London, Greater London N12 0BX	£5,640	82	2	Flat
£398K	06/23	0.3 mi	Flat 13, Western Court, Huntly Drive, London, Greater London N3 1NX	-	-	2	Flat
£327.5K	06/21	0.3 mi	597a, High Road, London, Greater London N12 0DY	£5,712	57	2	Flat
£360K	04/21	0.32 mi	61, Bow Lane, London, Greater London N12 0JL	-	-	2	Flat
£340K	01/24	0.34 mi	626, High Road, London, Greater London N12 0NU	£6,410	53	2	Flat
£362K	10/20	0.34 mi	Ground Floor Flat, 687, High Road, London, Greater London N12 0DA	£7,939	46	2	Flat
£620K	06/21	0.38 mi	4, Howcroft Crescent, London, Greater London N3 1PB	£7,045	88	2	Flat
£410K	09/21	0.38 mi	Flat 5, Gainsborough Court, Nether Street, London, Greater London N12 8AE	-	-	2	Flat
£320K	02/21	0.38 mi	Flat 18, Gainsborough Court, Nether Street, London, Greater London N12 8AE	-	-	2	Flat
£415K	06/21	0.4 mi	First Floor Flat, 60, Avondale Avenue, London, Greater London N12 8EN	£6,569	63	2	Flat
£340K	10/23	0.41 mi	Flat 12, Gainsborough Court, Nether Street, London, Greater London N12 8AE	-	-	2	Flat
£440K	03/21	0.43 mi	7a, Woodlands Avenue, London, Greater London N3 2NS	-	-	2	Flat
£489K	12/20	0.43 mi	11, Woodlands Avenue, London, Greater London N3 2NS	-	-	2	Flat
£535K	05/23	0.43 mi	22, Woodlands Avenue, London, Greater London N3 2NR	£9,386	57	2	Flat
£430K	06/21	0.44 mi	84, Grange Avenue, London, Greater London N12 8DJ	£7,088	61	2	Flat
£422.5K	07/23	0.44 mi	19, Grange Avenue, London, Greater London N12 8DN	£7,412	57	2	Flat
£568K	06/21	0.46 mi	57a, Gainsborough Road, London, Greater London N12 8AA	-	-	2	Flat
£330K	09/23	0.46 mi	33a, Woodhouse Road, London, Greater London N12 9ET	-	-	2	Flat
£475K	06/21	0.47 mi	10, Falkland Avenue, London, Greater London N3 1QR	-	-	2	Flat
£472K	04/21	0.47 mi	2a, Falkland Avenue, London, Greater London N3 1QR	£6,941	68	2	Flat
£370K	12/20	0.47 mi	26, Springfield Close, London, Greater London N12 7NT	£6,176	60	2	Flat
£415K	07/23	0.47 mi	10, Springfield Close, London, Greater London N12 7NT	£7,155	58	2	Flat
£390K	09/21	0.49 mi	Flat 5, Avon Court, Holden Road, London, Greater London N12 8HR	-	-	2	Flat
£430K	06/21	0.5 mi	27a, Holden Road, London, Greater London N12 8HS	£4,886	88	2	Flat
£475K	12/20	0.5 mi	21a, Grove Road, London, Greater London N12 9EB	£5,398	88	2	Flat
£508K	03/23	0.5 mi	Ground Floor Flat, 63, Gainsborough Road, London, Greater London N12 8AA	£6,346	80	2	Flat
£580K	03/21	0.51 mi	66, Princes Avenue, London, Greater London N3 2DB	-	-	2	Flat
£550K	12/22	0.51 mi	62b, Princes Avenue, London, Greater London N3 2DB	-	-	2	Flat
£318K	04/21	0.54 mi	Flat 7, North Gates, High Road, London, Greater London N12 0AR	-	-	2	Flat

Local Rents

50 rents from £1.5K/mo to £2.7K/mo, average is £1.9K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,500	06/24	0.03 mi	Moss Hall Grove, North Finchley, N12 8PJ	2	Flat
£1,700	05/24	0.07 mi	Granville Court, Granville Road, Finchley Central N12 0HL	2	Flat
£1,850	06/24	0.08 mi	Ballards Lane, Finchley, N3	2	Flat
£1,800	05/24	0.08 mi	-	2	Flat
£1,850	06/24	0.08 mi	-	2	Flat
£1,900	03/25	0.08 mi	-	2	Flat
£1,800	05/24	0.08 mi	Moss Hall Gove, London, N12	2	Flat
£1,700	02/24	0.1 mi	Finchley Court, Ballards Lane, Finchley, London, N3	2	Flat
£1,600	06/24	0.11 mi	Moss Hall Grove, Woodside Park, N12	2	Flat
£1,900	06/24	0.11 mi	Finchley Court, Ballards Lane, Finchley	2	Flat
£1,900	08/24	0.12 mi	Ballards Lane Finchley Central N3	2	Flat
£1,900	05/24	0.12 mi	Granville Road, North Finchley, London, N12	2	Flat
£1,900	05/24	0.13 mi	Granville Road, North Finchley, London, N12	2	Flat
£1,750	06/24	0.13 mi	Regent Court, Ballards Lane, London, N3	2	Flat
£1,750	07/24	0.14 mi	Ballards Lane, London	2	Flat
£2,500	05/24	0.15 mi	-	2	Flat
£2,000	05/24	0.16 mi	Ballards Lane, Finchley, N12	2	Flat
£1,975	05/24	0.17 mi	-	2	Flat
£1,995	06/24	0.17 mi	Etchingham Court, Etchingham Park Road, Finchley	2	Flat
£2,000	05/24	0.17 mi	Etchingham Court, Finchley Central, N3	2	Flat
£1,850	06/24	0.17 mi	Etchingham Park Road London N3	2	Flat
£1,700	05/24	0.17 mi	Etchingham Court, Etchingham Park Road, Finchley, N3	2	Flat
£1,700	06/24	0.17 mi	Etchingham Court, Etchingham Park Road, Finchley, N3	2	Flat
£1,750	05/24	0.2 mi	Seymour Road London N3	2	Flat
£1,734	04/25	0.2 mi	-	2	Flat
£1,734	03/25	0.2 mi	-	2	Flat
£1,600	12/24	0.21 mi	Chislehurst Avenue, North Finchley, London, N12	2	Flat
£1,700	03/25	0.21 mi	-	2	Flat
£1,850	07/24	0.21 mi	Nigel Court, Seymour Road, Finchley, N3	2	Flat
£1,900	01/25	0.23 mi	-	2	Flat
£1,900	02/25	0.23 mi	-	2	Flat
£2,295	05/24	0.23 mi	Ballards Lane, Finchley	2	Flat
£2,350	07/24	0.23 mi	Ballards Lane, Finchley	2	Flat
£2,500	03/25	0.23 mi	Avenir Court \| New Build Apartments Now Launched	2	Flat
£1,700	11/24	0.24 mi	-	2	Flat
£1,900	06/24	0.24 mi	-	2	Flat
£2,050	06/24	0.24 mi	Albany Court, London, N12	2	Flat
£1,900	06/24	0.24 mi	Albany Court, London, N12	2	Flat
£1,900	05/24	0.24 mi	Nether Street London N3	2	Flat
£2,700	12/24	0.25 mi	Hutton Grove, North Finchley, N12	2	Detached House
£1,950	03/25	0.25 mi	-	2	Flat
£1,995	01/25	0.25 mi	-	2	Flat
£2,500	03/25	0.25 mi	-	2	Flat
£1,800	05/24	0.25 mi	-	2	Flat
£1,900	12/24	0.26 mi	-	2	Flat
£1,700	03/25	0.26 mi	-	2	Flat
£2,000	07/24	0.26 mi	Ballards Lane, Finchley	2	Flat
£1,700	03/25	0.28 mi	-	2	Flat
£2,200	05/24	0.28 mi	Ballards Lane, London, N3	2	Flat
£1,800	04/25	0.28 mi	-	2	Flat

Local Area Statistics

Population in N3	26,58426,584
Population in London	4,771,9214,771,921
Town centre distance	6.50 miles away6.50 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.26 miles away0.26 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-30%-30%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+19%+19%

Property History

Price changed to £375,000

December 21, 2024

Listed for £395,000

February 13, 2024

Floor Plans

Description

Excellent First Time Buy or Investment +
Newly Refurbished +
Chain Free +
Right by Ballards Lane Shops, Restaurants, Bus Routes and Victoria Park +
Short Walk to West Finchley and Finchley Central Stations +
Lease: Approximately 124 Years +
Service Charge: Approximately £450 pa +
Ground Rent: Nil +
Council Tax Band C +

NEWLY REFURBISHED! MUST BE VIEWED! Situated on the first floor of this period property is this well presented and bright two bedroom flat.

The property benefits from a modern kitchen and bathroom, double glazing, gas central heating and entryphone system.

Ballards Lane shops, restaurants, bus routes and Victoria Park are nearby.

Finchley Central and West Finchley Stations are also a short walk away.

To really appreciate the size, condition and location, an internal viewing is highly recommended via the vendors sole agents Ellis & Co. Tel No: .

Agent Details

Ellis & Co, Finchley

020 3856 3457

Next Steps?

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

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