2 Bed Flat, Single Let, London, N3 3AR, £475,000

Ashridge Close, Finchley, N3 3AR - 3 views - a year ago

Leasehold
BTL
~75 m²
+5 photos

ValuationUndervalued

Sold Prices£262K - £931K
Sold Prices/m²£3.2K/m² - £10K/m²

 

 

Square Metres

~75.30 m²
Price/m²£6.3K/m²

Value Estimate

£524,913
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£26,700

Total Cash In

£145,450

 

 

Cash Out

 

Rent Range

£1,550 - £2,595

Rent Estimate

£1,648

Running Costs/mo

£1,834

Cashflow/mo

£-186

Cashflow/yr

£-2,232

Gross Yield

4%

Local Sold Prices

50 sold prices from £262K to £931K, average is £420K. £3.2K/m² to £10K/m², average is £7K/m².

PriceDateDistanceAddressBeds 
£382.5K03/230.06 mi33, Amberden Avenue, London, Greater London N3 3DE2
£320K12/220.06 mi19, Amberden Avenue, London, Greater London N3 3DE2
£325K11/200.17 mi120, Basing Way, London, Greater London N3 3DA2
£475K12/220.22 mi61, Beaufort Park, London, Greater London NW11 6BT2
£420K12/200.23 mi15, Orchard Avenue, London, Greater London N3 3NL2
£420K12/200.23 mi15, Orchard Avenue, London, Greater London N3 3NL2
£390K03/210.25 mi110, Beaufort Park, London, Greater London NW11 6BY2
£385K05/240.26 mi41, Beaufort Park, London, Greater London NW11 6BS2
£360K01/230.28 mi129, Beaufort Park, London, Greater London NW11 6BY2
£415K02/240.32 miCranbourne Court, Flat 3, Briar Close, London, Greater London N2 0SD2
£445K03/230.32 miFlat 15, Cranbourne Court, Briar Close, London, Greater London N2 0SD2
£610K01/210.37 miFlat 11, Mayflower Lodge, Regents Park Road, London, Greater London N3 3HU2
£385K10/200.38 mi55, Addison Way, London, Greater London NW11 6AR2
£575K10/220.38 miFlat 65, Mayflower Lodge, Regents Park Road, London, Greater London N3 3HX2
£495K10/210.38 mi40, Hill Top, London, Greater London NW11 6EE2
£463K01/210.4 mi1, Denison Close, London, Greater London N2 0JT2
£450K06/210.4 mi24, Denison Close, London, Greater London N2 0JT2
£567.5K11/220.42 miFlat 26, Chessington Lodge, Regents Park Road, London, Greater London N3 3AA2
£555K06/210.42 miFlat 17, Chessington Lodge, Regents Park Road, London, Greater London N3 3AA2
£420K05/210.42 mi27, Denison Close, London, Greater London N2 0JT2
£358K12/200.43 mi134a, East End Road, London, Greater London N2 0RZ2
£420K05/210.43 mi27, Denison Close, London, Greater London N2 0JT2
£431K06/210.43 mi40, Denison Close, London, Greater London N2 0JU2
£440K06/210.43 mi42, Denison Close, London, Greater London N2 0JU2
£931K05/210.43 mi93, Lichfield Grove, London, Greater London N3 2JL2
£430K09/230.44 miFlat 13, Ellerton Lodge, East End Road, London, Greater London N3 3QH2
£385K06/230.44 miFlat 24, Ellerton Lodge, East End Road, London, Greater London N3 3QH2
£575K12/220.44 mi10, Rosemary Avenue, London, Greater London N3 2QN2
£325K03/240.44 miErskine House, Flat 4, Homesfield, London, Greater London NW11 6HN2
£415K09/210.46 miFlat 24, Derby Lodge, East End Road, London, Greater London N3 3QG2
£380K01/210.46 miFlat 6, Derby Lodge, East End Road, London, Greater London N3 3QG2
£355K02/230.46 miFlat 14, Derby Lodge, East End Road, London, Greater London N3 3QG2
£450K03/210.46 mi129, Ossulton Way, London, Greater London N2 0JS2
£456.8K03/230.46 mi186, Falloden Way, London, Greater London NW11 6JE2
£407.5K07/230.49 miFlat 3, Warwick Court, Ossulton Way, London, Greater London N2 0LG2
£400K04/210.5 mi47a, Lichfield Grove, London, Greater London N3 2JJ2
£366K01/210.5 mi156a, East End Road, London, Greater London N2 0RY2
£400K02/230.5 mi26, Arden Road, London, Greater London N3 3AN2
£560K09/210.52 mi52, Neale Close, London, Greater London N2 0LF2
£515K06/230.52 mi5, Heath View Close, London, Greater London N2 0PY2
£415K05/210.53 miFlat 12, Branksome Court, East End Road, London, Greater London N2 0RX2
£410K06/210.53 miFlat 6, Branksome Court, East End Road, London, Greater London N2 0RX2
£262K06/210.54 miFlat 2, Bibsworth Lodge, Bibsworth Road, London, Greater London N3 3RN2
£262K06/210.54 miFlat 2, Bibsworth Lodge, Bibsworth Road, London, Greater London N3 3RN2
£575K09/210.55 mi26, Sedgemere Avenue, London, Greater London N2 0SX2
£558.8K12/230.55 mi6, Sedgemere Avenue, London, Greater London N2 0SX2
£555K03/230.55 mi16a, Sedgemere Avenue, London, Greater London N2 0SX2
£477.5K03/230.56 miFlat 10, Arundel Lodge, Salisbury Avenue, London, Greater London N3 3AL2
£440K11/200.57 mi190a, Squires Lane, London, Greater London N3 2QT2
£470K11/200.57 mi196, Squires Lane, London, Greater London N3 2QT2

Local Rents

50 rents from £1.6K/mo to £2.6K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£2,59510/240.02 mi-2
£1,55007/240.05 miKingsgate Avenue, London, N32
£1,55007/240.05 mi-2
£1,70005/240.09 miBasing Way, LONDON2
£2,25005/240.17 miOrchard Avenue, Finchley, N32
£1,75005/240.19 miBasing Way, LONDON2
£1,85008/240.19 miBasing Way, Finchley, N32
£2,20003/250.25 mi-2
£2,50007/240.26 miEdgewood Mews, London, N32
£2,50009/240.26 mi-2
£2,10002/240.26 mi-2
£2,35007/240.26 miMountfield Road, Finchley, N32
£2,10011/240.32 mi-2
£2,00003/250.32 mi-2
£2,35001/250.33 mi-2
£1,80005/240.34 miHolly Park, Finchley, London, N32
£1,70007/240.34 miEast End Road, Finchley, N32
£2,10008/240.34 miCavendish Avenue, Finchley Central, London2
£1,75007/240.35 mi-2
£1,80004/250.35 mi-2
£1,60006/240.35 miMountfield Road, Finchley, N32
£1,80007/240.35 miGlenhill Close, Finchley, N32
£1,80007/240.36 miHolyoake Walk, East Finchley, N22
£2,00006/240.36 miMountfield Road, Finchley2
£2,40008/240.37 mi-2
£2,05007/240.37 miStanhope Avenue, Finchley, N32
£1,95003/250.38 mi-2
£1,80006/240.38 mi-2
£1,80006/240.38 miRegents Park Road, London, N32
£1,80006/240.38 miRegents Park Road, London, N32
£1,80003/250.39 mi-2
£2,57812/240.39 miColeridge Walk, Hampstead Garden Suburb, NW112
£1,75003/250.39 mi-2
£1,95005/240.4 miDenison Close London N22
£1,75102/250.4 mi-2
£2,50006/240.4 miSpencer Close, Finchley, N32
£1,95005/240.41 miDenison Close, Hampstead Garden Suburb, N22
£2,00002/240.41 mi-2
£2,20005/240.41 miEast End Road, London, N32
£1,79506/240.41 mi-2
£2,20005/240.42 miRegents Park Road, Finchley Central, N32
£2,00012/240.42 mi-2
£1,80007/240.43 miGlenhill Close, Finchley, N32
£1,75005/240.43 miHolyoake Walk, East Finchley, N22
£2,00007/240.44 mi-2
£1,84909/240.44 mi-2
£1,79910/240.44 mi-2
£2,10006/240.44 miEast End Road, London2
£2,34906/240.45 miWordsworth Walk, Hampstead Garden Suburb, NW112
£1,69512/240.45 mi-2

Local Area Statistics

Population in N3

26,584

Population in London

4,771,921

Town centre distance

5.72 miles away

Nearest school

0.10 miles away

Nearest train station

0.63 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-30%

Sales demand

Buyer's market

Capital growth (5yrs)

+19%

Property History

Price changed to £475,000

December 4, 2024

Listed for £500,000

May 1, 2024

Floor Plans

Description

  • Leasehold Term 125 years from 01/08/2014 +
  • Entrance Hall +
  • Open Plan Reception Room/Fitted Kitchen +
  • Two Double Bedrooms +
  • Two Bathrooms +
  • Balcony +
  • Allocated Parking Space +
  • Lift +
  • Close to Children's Playground +

Property Description

Located in this popular modern development just off Amberden Avenue is this first floor Two Bedroom, Two Bathroom lift serviced purpose built apartment. The property is offered chain free and has the following accommodation:

Agent Details

Chancellors, Finchley

020 3871 3815

Next Steps?

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