2 Bed Flat, Single Let, Potters Bar, EN6 2AW, £330,000

6 Bridge Court, Mutton Lane, Potters Bar, EN6 2AW - 1 views - a year ago

Sold STC
Leasehold
BTL
ROI: 3%
~54 m²
+8 photos

ValuationOvervalued

Sold Prices£200K - £590K
Sold Prices/m²£3.5K/m² - £8K/m²

 

 

Square Metres

~54 m²
Price/m²£6.1K/m²

Value Estimate

£277,232

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£82,500

Stamp Duty & Legal Fees

£21,700

Total Cash In

£104,200

 

 

Cash Out

 

Rent Range

£1,395 - £2,950

Rent Estimate

£1,650

Running Costs/mo

£1,381

Cashflow/mo

£269

Cashflow/yr

£3,225

ROI

3%

Gross Yield

6%

Local Sold Prices

34 sold prices from £200K to £590K, average is £332.5K. £3.5K/m² to £8K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£590K09/210.08 mi171, Mutton Lane, Potters Bar, Hertfordshire EN6 2AN2
£302K10/220.1 mi19, Baker Street, Potters Bar, Hertfordshire EN6 2DZ2
£348K04/210.17 mi10, Weston Close, Potters Bar, Hertfordshire EN6 2BQ2
£370K01/210.23 mi40, Aberdale Gardens, Potters Bar, Hertfordshire EN6 2JN2
£380K03/210.23 mi62, Aberdale Gardens, Potters Bar, Hertfordshire EN6 2JN2
£385K01/230.23 mi74, Aberdale Gardens, Potters Bar, Hertfordshire EN6 2JN2
£410.3K12/220.27 mi70a, Strafford Gate, Potters Bar, Hertfordshire EN6 1PL2
£255K01/230.32 miFlat 24, Seabrook Court, Station Close, Potters Bar, Hertfordshire EN6 1TG2
£225K09/220.32 miFlat 26, Seabrook Court, Station Close, Potters Bar, Hertfordshire EN6 1TG2
£300K01/210.32 miFlat 32, Seabrook Court, Station Close, Potters Bar, Hertfordshire EN6 1TG2
£300K06/210.32 miFlat 18, Seabrook Court, Station Close, Potters Bar, Hertfordshire EN6 1TG2
£455K09/210.42 miFlat 15, The Briers, The Walk, Potters Bar, Hertfordshire EN6 1QE2
£450K05/210.42 miFlat 11, The Briers, The Walk, Potters Bar, Hertfordshire EN6 1QE2
£370.5K04/210.46 mi117, Dugdale Hill Lane, Potters Bar, Hertfordshire EN6 2DS2
£369K06/210.5 mi16, Dugdale Hill Lane, Potters Bar, Hertfordshire EN6 2DW2
£299.9K04/230.62 mi49, Bornedene, Potters Bar, Hertfordshire EN6 3EL2
£275K04/210.63 mi75, Bornedene, Potters Bar, Hertfordshire EN6 3EN2
£278.5K12/200.66 mi38, Cranborne Close, Potters Bar, Hertfordshire EN6 3AU2
£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
£340K06/210.86 mi73, Church Road, Potters Bar, Hertfordshire EN6 1EY2
£235K03/210.87 miFlat 35, Hertford Mews, Billy Lows Lane, Potters Bar, Hertfordshire EN6 1XW2
£200K03/230.87 miFlat 21, Hertford Mews, Billy Lows Lane, Potters Bar, Hertfordshire EN6 1XW2
£215K07/230.87 miFlat 3, Hertford Mews, Billy Lows Lane, Potters Bar, Hertfordshire EN6 1XW2
£275K03/210.87 mi9, Chauncy Avenue, Potters Bar, Hertfordshire EN6 5LE2
£330K12/200.88 mi1, Margarets Close, Potters Bar, Hertfordshire EN6 5LB2
£355K02/210.89 mi21, Sandringham Road, Potters Bar, Hertfordshire EN6 1EX2
£295K09/210.9 mi2, Heathfield Close, Potters Bar, Hertfordshire EN6 1SW2
£328K03/210.91 mi39, Heathfield Close, Potters Bar, Hertfordshire EN6 1SP2
£302K02/210.92 mi7, The Highlands, Potters Bar, Hertfordshire EN6 1HU2
£262K04/210.92 mi23, The Highlands, Potters Bar, Hertfordshire EN6 1HU2
£335K01/230.97 mi43, Heathfield Close, Potters Bar, Hertfordshire EN6 1SR2
£350K05/210.99 mi3, Norman Court, Potters Bar, Hertfordshire EN6 1HY2

Local Rents

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

RentDateDistanceAddressBeds 
£1,75012/240.08 miMutton Lane, Potters Bar2
£1,75003/240.08 miMutton Lane, Potters Bar2
£2,55012/240.14 mi-2
£2,95012/240.14 mi-2
£2,25012/240.16 mi-2
£1,69004/240.17 miWeston Close, Potters Bar2
£1,39504/240.21 miWyllyotts Close, Potters Bar, EN62
£1,65004/240.24 miAlbany Gate, Darkes Lane, Potters Bar, Hertfordshire, EN62
£1,69504/240.25 miDarkes Lane, Potters Bar2
£1,65004/240.25 miAberdale Gardens, Potters Bar, Hertfordshire, EN62
£1,50003/240.35 miDarkes Lane, Potters Bar, EN62
£1,90004/240.35 miThe Picture House, 191-195 Darkes Lane, Potters Bar, Hertfordshire, EN62
£1,75003/240.35 miThe Picture House, 191-195 Darkes Lane, Potters Bar, Hertfordshire, EN62
£1,75004/240.41 miPotters Bar2
£1,75004/240.41 miDarkes Lane, Potters Bar2
£1,75004/240.41 miThe Picture House, Darkes Lane2
£1,75004/240.41 miDarkes Lane, Potters Bar2
£1,75004/240.41 miDarkes Lane, Potters Bar2
£1,65003/250.5 mi-2

Local Area Statistics

Population in EN6

29,067

Population in Potters Bar

29,075

Town centre distance

0.46 miles away

Nearest school

0.20 miles away

Nearest train station

0.23 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+16%

Sales demand

Buyer's market

Capital growth (5yrs)

+14%

Property History

Price changed to £330,000

January 11, 2025

Listed for £350,000

April 29, 2024

Floor Plans

Description

  • GROUND FLOOR FLAT +
  • TWO BEDROOMS +
  • OPEN PLAN KITCHEN/DINING/LOUNGE +
  • EN-SUITE TO MAIN BEDROOM +
  • ALLOCATED PARKING +
  • WALKING DISTANCE OF STATION AND SHOPS +

Situated a short walk from Darkes Lane with local shops and mainline railway services this is a ground floor TWO BEDROOM FLAT just under 600 sq.ft (55.74m) with allocated parking. Ideal for investor buy.

Communal entrance door with entry phone system opens into

Ground Floor Communal Entrance Hall - Hardwood front door opens into:

Entrance Hall - Wall mounted video entry phone receiver. Laminate wood effect flooring. LED ceiling spotlights.

Lounge/Kitchen/Diner - 6.3m x 5.31m - Kitchen Area:
Modern range of cream hi gloss wall and base units featuring cupboards and drawers. Granite effect working surfaces and up stands. Inset Indesit ceramic electric hob with stainless steel splash back and concealed extractor hood above and electric oven and grill below. One and half bowl stainless steel sink unit with mixer tap. Integrated fridge/freezer, washing machine and dishwasher. UPVC framed double glazed window to front. Laminate wood effect flooring. Concealed gas central heating boiler.

Lounge/Dining Area:
Continuing laminate wood effect flooring. One double and one single radiator. T.V. aerial point. UPVC framed windows to side and front. Telephone point. LED ceiling spotlights.

Bedoom One - 3.35m x 2.84m - Single radiator. Two UPVC framed double glazed windows to rear. LED ceiling spotlights.

Ensuite Shower - 2.84m x 1.02m - Wet room shower with folding glass screen. Hand and overhead shower. Wall mounted vanity top wash basin with cupboard below. Top flush w.c. Chrome heated towel rail on central heating system and electric point. Tiled walls and floor. LED ceiling spotlights with light activated extractor fan.

Bedroom Two - 2.67m x 2.64m - Single radiator. UPVC framed double glazed window to rear. LED ceiling spotlights.

Bathroom - 2.13m x 1.65m - White suite comprising bath with mixer tap and separate overhead and hand shower. Glass shower screen. Vanity top wash basin with cupboards below and top flush w.c. Tiled walls and floor. Chrome heated towel rail on central heating system and with electric and electrically operated. Electric shaver point. Light activated extractor fan. LED ceiling spotlights.

Exterior - Single allocated parking space. Two areas of communal grass lawn.

117 remaining on lease. Service charge £1330 per annum

Property Misdescriptions Act
As Agents we have not tested any apparatus, equipment, fixtures, fittings and so cannot verify that they are in working order or fit for the purpose. 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 any possible wasted journeys.

Agent Details

Duncan Perry Estate Agents, Potters Bar

01707 241893

Next Steps?

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