2 Bed Flat, Single Let, London, N3 1QP, £625,000

Grove Avenue, London, N3 1QP - 5 views - a year ago

BTL
~68 m²
+2 photos

ValuationOvervalued

Sold Prices£235K - £931K
Sold Prices/m²£3.7K/m² - £9.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£9.2K/m²

Value Estimate

£472,770

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£156,250

Stamp Duty & Legal Fees

£38,700

Total Cash In

£194,950

 

 

Cash Out

 

Rent Range

£1,600 - £2,500

Rent Estimate

£1,650

Running Costs/mo

£2,303

Cashflow/mo

£-653

Cashflow/yr

£-7,837

Gross Yield

3%

Local Sold Prices

50 sold prices from £235K to £931K, average is £450K. £3.7K/m² to £9.4K/m², average is £7K/m².

PriceDateDistanceAddressBeds 
£475K06/210.05 mi10, Falkland Avenue, London, Greater London N3 1QR2
£472K04/210.05 mi2a, Falkland Avenue, London, Greater London N3 1QR2
£405K03/230.17 miFlat 17, Norman Court, Nether Street, London, Greater London N3 1QQ2
£580K03/210.17 mi66, Princes Avenue, London, Greater London N3 2DB2
£550K12/220.17 mi62b, Princes Avenue, London, Greater London N3 2DB2
£620K06/210.2 mi4, Howcroft Crescent, London, Greater London N3 1PB2
£565K09/210.24 mi34, Redbourne Avenue, London, Greater London N3 2BS2
£460K04/210.25 mi18, Grosvenor Road, London, Greater London N3 1EX2
£415K04/210.25 mi15a, Dollis Road, London, Greater London N3 1RB2
£450K06/210.26 mi61, Grosvenor Road, London, Greater London N3 1EY2
£575K05/210.26 mi45, Grosvenor Road, London, Greater London N3 1EY2
£425K04/210.27 miFlat 11, Dollis Court, Crescent Road, London, Greater London N3 1HR2
£415K11/200.27 mi51, Grosvenor Road, London, Greater London N3 1EY2
£590K12/200.27 miGround Floor Flat, 25, Elm Park Road, London, Greater London N3 1EG2
£460K06/210.27 mi70a, Elm Park Road, London, Greater London N3 1EB2
£235K12/200.28 mi70, Eversleigh Road, London, Greater London N3 1JA2
£398K06/230.28 miFlat 13, Western Court, Huntly Drive, London, Greater London N3 1NX2
£500K06/210.28 mi57, Dollis Park, London, Greater London N3 1HJ2
£400K03/210.28 mi14a, Brownlow Road, London, Greater London N3 1NA2
£450K12/220.33 mi28, Gordon Road, London, Greater London N3 1EJ2
£450K08/230.33 mi55a, Dollis Road, London, Greater London N3 1RD2
£436K03/210.33 mi55b, Dollis Road, London, Greater London N3 1RD2
£410K04/210.33 miGround Floor Maisonette, 83, Dollis Road, London, Greater London N3 1RD2
£237.4K01/230.36 miFlat 5, The Fountains, Ballards Lane, Finchley, London, Greater London N3 1NL2
£400K04/210.38 mi47a, Lichfield Grove, London, Greater London N3 2JJ2
£412.5K02/210.38 miFlat 1, Finchley Court, Ballards Lane, Finchley, London, Greater London N3 1NH2
£454K10/220.39 miFlat 33, Finchley Court, Ballards Lane, Finchley, London, Greater London N3 1NH2
£423K07/230.41 miFlat 76, Finchley Court, Ballards Lane, Finchley, London, Greater London N3 1NJ2
£490K06/210.42 miFlat A, 3, Etchingham Park Road, London, Greater London N3 2DU2
£390K05/210.45 mi55, Long Lane, London, Greater London N3 2HY2
£515K06/210.45 mi95a, Long Lane, London, Greater London N3 2HY2
£380K05/230.45 mi83a, Long Lane, London, Greater London N3 2HY2
£430K01/210.45 miFlat 8, The Laurels, Nether Street, London, Greater London N3 1NP2
£273.8K03/210.46 miFlat 5, Spencer Court, Granville Road, London, Greater London N12 0HN2
£472K12/220.46 miFlat 21, Etchingham Court, Etchingham Park Road, London, Greater London N3 2EA2
£415K09/230.47 mi18, Burnbrae Close, London, Greater London N12 8PH2
£390K11/200.47 mi18, Burnbrae Close, London, Greater London N12 8PH2
£931K05/210.47 mi93, Lichfield Grove, London, Greater London N3 2JL2
£347K10/200.48 mi214c, Ballards Lane, London, Greater London N3 2LX2
£440K03/210.49 mi7a, Woodlands Avenue, London, Greater London N3 2NS2
£489K12/200.49 mi11, Woodlands Avenue, London, Greater London N3 2NS2
£485K03/210.5 miFlat 2, Georgian Court, Dollis Avenue, London, Greater London N3 1TY2
£505K08/230.5 miFlat 1, Georgian Court, Dollis Avenue, London, Greater London N3 1TY2
£368.1K11/210.5 mi261b, Ballards Lane, London, Greater London N3 1NG2
£440K11/200.5 mi190a, Squires Lane, London, Greater London N3 2QT2
£470K11/200.5 mi196, Squires Lane, London, Greater London N3 2QT2
£535K05/230.51 mi22, Woodlands Avenue, London, Greater London N3 2NR2
£500K11/220.53 mi2, Woodberry Gardens, London, Greater London N12 0HD2
£485K10/230.54 mi27b, Granville Road, London, Greater London N12 0HP2
£385K06/230.55 miFlat 24, Ellerton Lodge, East End Road, London, Greater London N3 3QH2

Local Rents

50 rents from £1.6K/mo to £2.5K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£2,20007/240.04 mi-2
£2,20008/240.04 mi-2
£2,20005/240.04 mi-2
£2,20006/240.05 mi-2
£2,19907/240.05 mi-2
£2,20007/240.05 mi-2
£2,15008/240.07 mi-2
£2,15008/240.07 miCornwall Works, London, N32
£2,15005/240.08 miCornwall Avenue, Finchley2
£1,75008/240.09 miBallards Lane, London, N32
£1,84609/240.1 miPrinces Avenue, Finchley Central N32
£2,00006/240.1 miBallards Lane, Church End, London, N32
£2,05008/240.1 mi-2
£1,90008/240.11 miThe Grove, Finchley Central, London2
£1,70007/240.11 miThe Grove, Finchley Central, London, N3 1QT2
£1,85002/240.12 mi-2
£1,80006/240.12 miNether Close, (MS072), Finchley, N32
£2,47504/250.13 mi-2
£1,90005/240.14 mi-2
£1,90005/240.14 miLong Lane, London, N32
£1,85005/240.14 miNether Close, N3 1AA2
£2,30007/240.14 miShakespeare Road, London, N32
£1,95005/240.14 mi-2
£1,95005/240.14 miBallards Lane, London, N32
£2,05009/240.15 mi-2
£2,05004/250.15 mi-2
£2,05008/240.15 miPrinces Avenue, London, N32
£1,95007/240.15 miBallards Lane, Finchley2
£1,95009/240.15 miBallards Lane, Finchley2
£1,70003/250.16 mi-2
£2,45008/240.16 mi-2
£1,60005/240.17 miNether Street, Finchley, N32
£2,10008/240.17 mi-2
£2,10008/240.17 miIrvin Point, London, N32
£1,95006/240.17 miDorset Mews, London, N32
£1,75006/240.17 miPrinces Avenue, Finchley Central, London2
£1,90008/240.18 miBallards Lane, Finchley Central, N32
£1,90009/240.18 miBallards Lane, Finchley Central, N32
£1,90008/240.18 miBallards Lane, Finchley Central, N32
£2,10006/240.18 miDorset Mews London N32
£2,00005/240.18 miNether Street, Finchley, London, N32
£1,79506/240.18 mi-2
£1,79508/240.18 mi-2
£1,79010/240.18 mi-2
£1,87004/250.18 mi-2
£2,00005/240.19 miBallards Lane, Finchley Central, N32
£1,90002/240.19 miNether Street, Finchley Central, N32
£2,50004/250.22 mi-2
£2,00007/240.23 miNether Street, Finchley. N32
£2,15011/240.23 mi-2

Local Area Statistics

Population in N3

26,584

Population in London

4,771,921

Town centre distance

6.45 miles away

Nearest school

0.40 miles away

Nearest train station

0.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-30%

Sales demand

Buyer's market

Capital growth (5yrs)

+19%

Property History

Listed for £625,000

May 31, 2024

Floor Plans

Description

  • Ground floor +
  • Two bedrooms +
  • Two bathrooms (one en-suite) +
  • Modern Bathroom +
  • Private garden +
  • Share of Freehold +
  • 0.3 miles to Finchley Central Underground Station +
  • 0.1 miles to local shops and amenities +
  • Council Tax Band D +

*SHARE OF FREEHOLD* We are pleased to offer this bright two bedroom, two bathroom ground floor flat in a house conversion. Conveniently located just 0.1 miles to the local shops, amenities and transport links of Finchley Central and just 0.3 miles from Finchley Central Underground Station. The property benefits from a modern bathroom and en-suite, open plan reception / kitchen with fitted appliances, and a private rear garden with part lawn and part decking. Council Tax Band - D

Agent Details

Jeremy Leaf & Co, North Finchley

020 3870 3869

Next Steps?

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