2 Bed Flat, Single Let, London, N3 1RZ, £900,000

Hendon Lane, Finchley, London, N3 1RZ - 3 views - 10 months ago

BTL
~68 m²
+13 photos

ValuationOvervalued

Sold Prices£262K - £931K
Sold Prices/m²£4K/m² - £8.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£13.2K/m²

Value Estimate

£479,655

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£225,000

Stamp Duty & Legal Fees

£60,700

Total Cash In

£285,700

 

 

Cash Out

 

Rent Range

£1,600 - £2,850

Rent Estimate

£1,675

Running Costs/mo

£3,168

Cashflow/mo

£-1,492

Cashflow/yr

£-17,910

Gross Yield

2%

Local Sold Prices

50 sold prices from £262K to £931K, average is £410K. £4K/m² to £8.9K/m², average is £7K/m².

PriceDateDistanceAddressBeds 
£625K02/210.08 mi3b, St Marys Avenue, London, Greater London N3 1SN2
£477.5K03/230.1 miFlat 10, Arundel Lodge, Salisbury Avenue, London, Greater London N3 3AL2
£470K06/210.1 miFlat 70, Greenacres, Hendon Lane, London, Greater London N3 3SF2
£490K11/210.1 miFlat 6, Greenacres, Hendon Lane, London, Greater London N3 3SF2
£410K06/210.11 miFlat 7, Paul Court, Windsor Road, London, Greater London N3 3SP2
£307K11/200.13 miFlat 59, Greenacres, Hendon Lane, London, Greater London N3 3SF2
£262K06/210.17 miFlat 2, Bibsworth Lodge, Bibsworth Road, London, Greater London N3 3RN2
£262K06/210.17 miFlat 2, Bibsworth Lodge, Bibsworth Road, London, Greater London N3 3RN2
£400K02/230.18 mi26, Arden Road, London, Greater London N3 3AN2
£485K03/210.25 miFlat 2, Georgian Court, Dollis Avenue, London, Greater London N3 1TY2
£505K08/230.25 miFlat 1, Georgian Court, Dollis Avenue, London, Greater London N3 1TY2
£415K09/210.26 miFlat 24, Derby Lodge, East End Road, London, Greater London N3 3QG2
£380K01/210.26 miFlat 6, Derby Lodge, East End Road, London, Greater London N3 3QG2
£355K02/230.26 miFlat 14, Derby Lodge, East End Road, London, Greater London N3 3QG2
£575K10/220.29 miFlat 65, Mayflower Lodge, Regents Park Road, London, Greater London N3 3HX2
£430K09/230.3 miFlat 13, Ellerton Lodge, East End Road, London, Greater London N3 3QH2
£385K06/230.3 miFlat 24, Ellerton Lodge, East End Road, London, Greater London N3 3QH2
£610K01/210.31 miFlat 11, Mayflower Lodge, Regents Park Road, London, Greater London N3 3HU2
£555K06/210.38 miFlat 17, Chessington Lodge, Regents Park Road, London, Greater London N3 3AA2
£567.5K11/220.38 miFlat 26, Chessington Lodge, Regents Park Road, London, Greater London N3 3AA2
£390K05/230.39 miFlat 4, Timberdene, Holders Hill Road, London, Greater London NW4 1LA2
£415K12/200.39 miFlat 19, Timberdene, Holders Hill Road, London, Greater London NW4 1LA2
£420K12/200.42 mi15, Orchard Avenue, London, Greater London N3 3NL2
£420K12/200.42 mi15, Orchard Avenue, London, Greater London N3 3NL2
£360K06/210.44 miFlat 12, Fernside Court, Holders Hill Road, London, Greater London NW4 1JT2
£653K06/210.45 mi157, Holders Hill Road, London, Greater London NW7 1ND2
£500K06/210.45 mi57, Dollis Park, London, Greater London N3 1HJ2
£425K04/210.5 miFlat 11, Dollis Court, Crescent Road, London, Greater London N3 1HR2
£400K04/210.51 mi47a, Lichfield Grove, London, Greater London N3 2JJ2
£343.5K04/230.55 mi20, Frith Court, London, Greater London NW7 1JP2
£391.8K03/210.55 mi12, Frith Court, London, Greater London NW7 1JP2
£375K06/210.55 mi33, Frith Court, London, Greater London NW7 1JP2
£305K02/210.55 miFlat 20, Thornfield Court, Holders Hill Road, London, Greater London NW7 1LW2
£405K03/230.55 miFlat 17, Norman Court, Nether Street, London, Greater London N3 1QQ2
£290K05/210.56 miFlat 1, Westchester Court, Westchester Drive, London, Greater London NW4 1RB2
£370K11/200.56 miFlat 4, Westchester Court, Westchester Drive, London, Greater London NW4 1RB2
£402.5K03/230.56 miFlat 21, Westchester Court, Westchester Drive, London, Greater London NW4 1RB2
£415K04/210.57 mi15a, Dollis Road, London, Greater London N3 1RB2
£450K08/230.57 mi55a, Dollis Road, London, Greater London N3 1RD2
£436K03/210.57 mi55b, Dollis Road, London, Greater London N3 1RD2
£410K04/210.58 miGround Floor Maisonette, 83, Dollis Road, London, Greater London N3 1RD2
£590K12/200.6 miGround Floor Flat, 25, Elm Park Road, London, Greater London N3 1EG2
£320K12/200.61 miFlat 9, Claydon House, Holders Hill Road, London, Greater London NW4 1LS2
£390K01/210.61 miFlat 32, Claydon House, Holders Hill Road, London, Greater London NW4 1LS2
£345K10/230.61 miFlat 26, Claydon House, Holders Hill Road, London, Greater London NW4 1LS2
£375K03/210.61 miFlat 33, Claydon House, Holders Hill Road, London, Greater London NW4 1LS2
£360K01/230.61 mi129, Beaufort Park, London, Greater London NW11 6BY2
£931K05/210.62 mi93, Lichfield Grove, London, Greater London N3 2JL2
£460K06/210.62 mi70a, Elm Park Road, London, Greater London N3 1EB2
£286K06/210.62 miFlat 15, Dollis Croft, Bittacy Hill, London, Greater London NW7 1HP2

Local Rents

49 rents from £1.6K/mo to £2.9K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£2,85006/240.04 miHendon Lane, London, N32
£2,00008/240.04 miShakespeare Road, London, N32
£1,95005/240.04 miThe Terrace, Hendon Lane, Finchley, N32
£2,65010/240.04 mi-2
£2,55011/240.05 mi-2
£2,40008/240.08 miHendon Lane, Finchley, London, N32
£2,00008/240.08 mi-2
£2,00008/240.08 miTemple Close, London, N32
£1,80006/240.09 miSalisbury Avenue, Finchley, N32
£1,90005/240.09 miHendon Lane, Finchley2
£2,80006/240.09 mi-2
£1,85010/240.1 mi-2
£2,20007/240.11 miSt. Mary's Avenue, London, N32
£2,20008/240.11 miSt. Mary's Avenue, London, N32
£2,25005/240.11 mi-2
£2,20009/240.11 mi-2
£1,89512/240.15 mi-2
£1,90006/240.16 miSalisbury Avenue, Finchley, N32
£2,00006/240.16 miWindsor Road London N32
£1,75007/240.16 miWindsor Road London N32
£2,00008/240.22 miRegents Park Road, Finchley Central2
£2,00012/240.23 mi-2
£2,20005/240.23 miRegents Park Road, Finchley Central, N32
£1,85007/240.25 miRegents Park Road, Finchley, London, N32
£2,10006/240.25 miEast End Road, London2
£1,75003/250.25 mi-2
£1,80003/250.26 mi-2
£2,05807/240.27 miBroughton Avenue, Finchley Central, London, N3 2
£1,80006/240.27 mi-2
£1,80006/240.27 miRegents Park Road, London, N32
£1,80006/240.27 miRegents Park Road, London, N32
£2,00006/240.28 miMountfield Road, Finchley2
£2,50008/240.28 miSpencer Close, Finchley, N32
£1,75102/250.28 mi-2
£2,05007/240.28 miStanhope Avenue, Finchley, N32
£1,60006/240.29 miMountfield Road, Finchley, N32
£1,75007/240.29 mi-2
£1,80004/250.29 mi-2
£2,20005/240.29 miEast End Road, London, N32
£2,20005/240.29 miIvor Court, 2 Chalgrove Gardens, Finchley, London, N32
£1,95006/240.32 mi-2
£1,75006/240.32 miCollege Terrace, Finchley Central, N32
£2,20006/240.33 miSpencer Close, Regents Park Road, London N32
£2,10008/240.33 miCavendish Avenue, Finchley Central, London2
£2,00005/240.33 miSpencer Close, Finchley2
£2,50006/240.35 miSpencer Close, Finchley, N32
£1,80005/240.36 miHolly Park, Finchley, London, N32
£2,35007/240.39 miMountfield Road, Finchley, N32
£2,40008/240.39 mi-2

Local Area Statistics

Population in N3

26,584

Population in London

4,771,921

Town centre distance

6.33 miles away

Nearest school

0.20 miles away

Nearest train station

0.54 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-30%

Sales demand

Buyer's market

Capital growth (5yrs)

+19%

Property History

Listed for £900,000

June 4, 2024

Floor Plans

Description

  • Set in a purpose built block +
  • First floor with lift +
  • Large reception room +
  • Modern kitchen +
  • Bathroom & shower room +
  • Two double bedrooms +
  • Underground secure parking +
  • Share of freehold +
  • Offered chain free +

Conveniently located on Hendon Lane within easy access of Finchley Central Underground Station, local bus routes, shopping facilities and recreational parkland, such as Stephens House & Gardens, is this well-presented first floor purpose built apartment. The property offers in excess of 1150 sq.ft of living space and comprises of a spacious reception room full of natural light and access to private balcony, a modern fitted kitchen, two double bedrooms (with an en suite bathroom to the primary bedroom), shower room and ample storage throughout, including a utility cupboard. Further benefits include a lift-in-block, allocated underground parking space, storage area and a share of the freehold. Offered on a chain free basis an internal viewing is highly recommended!

Agent Details

Winkworth, Finchley

020 3856 3929

Next Steps?

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