2 Bed Flat, Single Let, Potters Bar, EN6 3EL, £300,000

19 Bornedene, Potters Bar, Herts, EN6 3EL - 1 views - a year ago

Sold STC
Leasehold
BTL
ROI: 4%
~62 m²
+13 photos

ValuationUndervalued

Sold Prices£225K - £590K
Sold Prices/m²£3.5K/m² - £8K/m²

 

 

Square Metres

~61.70 m²
Price/m²£4.9K/m²

Value Estimate

£333,726
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,700

 

 

Cash Out

 

Rent Range

£1,395 - £2,950

Rent Estimate

£1,563

Running Costs/mo

£1,270

Cashflow/mo

£293

Cashflow/yr

£3,515

ROI

4%

Gross Yield

6%

Local Sold Prices

24 sold prices from £225K to £590K, average is £347.8K. £3.5K/m² to £8K/m², average is £5.9K/m².

PriceDateDistanceAddressBeds 
£299.9K04/230.03 mi49, Bornedene, Potters Bar, Hertfordshire EN6 3EL2
£275K04/210.05 mi75, Bornedene, Potters Bar, Hertfordshire EN6 3EN2
£278.5K12/200.07 mi38, Cranborne Close, Potters Bar, Hertfordshire EN6 3AU2
£369K06/210.19 mi16, Dugdale Hill Lane, Potters Bar, Hertfordshire EN6 2DW2
£370K01/210.44 mi40, Aberdale Gardens, Potters Bar, Hertfordshire EN6 2JN2
£380K03/210.44 mi62, Aberdale Gardens, Potters Bar, Hertfordshire EN6 2JN2
£385K01/230.44 mi74, Aberdale Gardens, Potters Bar, Hertfordshire EN6 2JN2
£255K01/230.45 miFlat 24, Seabrook Court, Station Close, Potters Bar, Hertfordshire EN6 1TG2
£225K09/220.45 miFlat 26, Seabrook Court, Station Close, Potters Bar, Hertfordshire EN6 1TG2
£300K01/210.45 miFlat 32, Seabrook Court, Station Close, Potters Bar, Hertfordshire EN6 1TG2
£300K06/210.45 miFlat 18, Seabrook Court, Station Close, Potters Bar, Hertfordshire EN6 1TG2
£348K04/210.46 mi10, Weston Close, Potters Bar, Hertfordshire EN6 2BQ2
£370.5K04/210.47 mi117, Dugdale Hill Lane, Potters Bar, Hertfordshire EN6 2DS2
£302K10/220.54 mi19, Baker Street, Potters Bar, Hertfordshire EN6 2DZ2
£410.3K12/220.56 mi70a, Strafford Gate, Potters Bar, Hertfordshire EN6 1PL2
£590K09/210.61 mi171, Mutton Lane, Potters Bar, Hertfordshire EN6 2AN2
£347.5K02/210.73 mi1, Rosary Court, Potters Bar, Hertfordshire EN6 1HA2
£372.5K03/210.73 mi5, Rosary Court, Potters Bar, Hertfordshire EN6 1HA2
£368K11/220.73 mi2, Rosary Court, Potters Bar, Hertfordshire EN6 1HA2
£455K09/210.88 miFlat 15, The Briers, The Walk, Potters Bar, Hertfordshire EN6 1QE2
£450K05/210.88 miFlat 11, The Briers, The Walk, Potters Bar, Hertfordshire EN6 1QE2
£340K06/210.91 mi73, Church Road, Potters Bar, Hertfordshire EN6 1EY2
£295K09/210.95 mi2, Heathfield Close, Potters Bar, Hertfordshire EN6 1SW2
£328K03/210.98 mi39, Heathfield Close, Potters Bar, Hertfordshire EN6 1SP2

Local Rents

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

RentDateDistanceAddressBeds 
£1,60002/240.07 mi-2
£1,65003/250.2 mi-2
£1,39504/240.43 miWyllyotts Close, Potters Bar, EN62
£1,69004/240.46 miWeston Close, Potters Bar2
£2,25012/240.47 mi-2
£1,69504/240.48 miDarkes Lane, Potters Bar2
£1,65004/240.48 miAlbany Gate, Darkes Lane, Potters Bar, Hertfordshire, EN62
£1,65004/240.48 miAberdale Gardens, Potters Bar, Hertfordshire, EN62
£1,50003/240.51 miDarkes Lane, Potters Bar, EN62
£2,55012/240.51 mi-2
£2,95012/240.51 mi-2
£1,90004/240.51 miThe Picture House, 191-195 Darkes Lane, Potters Bar, Hertfordshire, EN62
£1,75003/240.51 miThe Picture House, 191-195 Darkes Lane, Potters Bar, Hertfordshire, EN62
£1,75004/240.52 miThe Picture House, Darkes Lane2
£1,75004/240.52 miDarkes Lane, Potters Bar2
£1,75004/240.52 miDarkes Lane, Potters Bar2
£1,75004/240.52 miPotters Bar2
£1,75004/240.52 miDarkes Lane, Potters Bar2

Local Area Statistics

Population in EN6

29,067

Population in Potters Bar

29,075

Town centre distance

0.80 miles away

Nearest school

0.10 miles away

Nearest train station

0.43 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+16%

Sales demand

Buyer's market

Capital growth (5yrs)

+14%

Property History

Listed for £300,000

April 18, 2024

Sold for £182,000

2011

Sold for £182,000

2007

Sold for £122,500

2001

Sold for £65,000

1995

Floor Plans

Description

  • TWO DOUBLE BEDROOM FIRST FLOOR APARTMENT +
  • CONVENIENTLY LOCATED FOR MAINILINE STATION AND AMENITIES +
  • WELL PRESENTED +
  • EN-SUITE TO MAIN BEDROOM +
  • DESIGNATED PARKING SPACE +
  • LARGE LOFT SPACE FOR STORAGE +
  • LEASEHOLD - 94 YEARS REMAINING +
  • SERVICE CHARGE - CIRCA. £2,087.00 +
  • COUNCIL TAX BAND D - HERTSMERE COUNCIL +
  • VIEWING RECOMMENDED +

This well presented two bedroom first floor apartment situated in a private cul-de-sac is conveniently located with easy access to mainline station and local amenities. The property consists of two double bedrooms, en-suite to main bedroom, large living space with designated parking. Large loft space for storage. Viewing strictly by appointments only.

Communal Entrance Door -

First Floor Landing - Communal cupboard housing electricity meters. Wooden panelled front door with spyhole leading to:-

Entrance Hall - Wall mounted entry phone. Access to loft with large space for storage. Wood effect laminate flooring. Storage cupboard housing consumer unit with shelving. 2nd storage cupboard housing water tank with shelving. Door through to

Lounge / Diner - Continuation of wood effect laminate flooring. Electric heater. Two white UPVC double glazed windows to front. Open archway through to

Kitchen - Kitchen comprises of wooden wall, drawer and base units. Sink with drainer and mixer tap. Space for fridge / freezer. Space for washing machine. . Integrated electric oven with electric hob above. Laminate flooring. White UPVC double glazed window to side.

Bedroom One - Electric heater. White UPVC double glazed bay window to side.

Bedroom Two - White UPVC double glazed window to front. Electric heater.

En-Suite Shower Room - Comprising white suite with close couple W.C. Wall mounted hand basin with mixer tap. Walk in shower cubical with over head shower with mixer tap. Tiled walls. Chrome heated electric towel rail. Wall mounted Vent Axia extractor fan. Laminate flooring. White UPVC double glazed obscure glass window to front.

Bathroom - Comprising white suite with close coupled W.C. Bath with overhead shower attachment and mixer tap. Tiled walls. Tiled floor, Silavent wall mounted extractor fan. Chrome heated electric towel rail. White UPVC double glazed obscure glass window to rear.

Tenure - Leasehold - 94 years. Service charge - Circa. £2,087.00. Council tax band D - Hertsmere council.

Property Misdescriptions Act
As Agents we have not tested any apparatus, equipment, fixtures, fittings or services, and so cannot verify that they are in working order or fit for the purpose. As a buyer you are advised to obtain verification from your Solicitor/Conveyancer or Surveyor if there are any points of particular importance to you. Reference to the tenure of the property is based on information given to us by the seller as we will not have had sight of the title documents. Before viewing a property, do please check with us as to its availability and also request clarification or information on any points of particular interest to you to save you a wasted journey.

Agent Details

Duncan Perry Estate Agents, Potters Bar

01707 241893

Next Steps?

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