3 Bed Flat, Cash/Bridging Only, London, N1 5SR, £400,000

De Beauvoir Estate, London, N1 5SR - 15 views - a year ago

Leasehold
Cash
ROI: 1%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£372.5K - £1.8M
Sold Prices/m²£4.6K/m² - £11.5K/m²

 

 

Square Metres

~93 m²
Price/m²£4.3K/m²

Value Estimate

£412,000
BMV3%

 

 

End Value (After Refurb)

£889,354

Uplift in Value

+122%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£20,700

Refurb Costs

£49,317

Bridging Loan Interest

£10,500

Total Cash In

£182,267

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£889,354

Agent Fees (1%)

£8,894

Bridging Loan

£300,000

Bridging Loan Interest

£10,500

Flip Profit

£398,194

Local Sold Prices

50 sold prices from £372.5K to £1.8M, average is £545K. £4.6K/m² to £11.5K/m², average is £6.8K/m².

PriceDateDistanceAddressBeds 
£390K02/210.05 miFlat 50, St Brelades Court, De Beauvoir Estate, London, Greater London N1 5TW3
£450K03/210.23 miFlat 48, Hemsworth Court, Hobbs Place Estate, London, Greater London N1 5LD3
£915K11/210.24 mi29b, Cleveland Road, London, Greater London N1 3ES3
£1.1M04/240.28 mi45a, Almorah Road, London, Greater London N1 3ER3
£526.5K11/200.34 mi14, Purcell Street, London, Greater London N1 6RD3
£530K09/230.35 miFlat 7, Swanage Court, Hertford Road, London, Greater London N1 4SL3
£735K02/210.36 miFlat 6, Dorset Court, Hertford Road, London, Greater London N1 4SD3
£1.1M02/210.37 mi18a, Oakley Road, London, Greater London N1 3LS3
£642K01/230.37 miFlat 15, Dorset Court, Hertford Road, London, Greater London N1 4SD3
£1.6M12/230.37 mi18a, Oakley Road, London, Greater London N1 3LS3
£495K11/230.42 miFlat 8, John Parry Court, Hare Walk, London, Greater London N1 6RN3
£770K10/230.46 mi34, Queensbury Street, London, Greater London N1 3AD3
£482K03/230.47 miFlat 2, Evelyn Court, Evelyn Walk, London, Greater London N1 7PJ3
£500K06/210.51 mi21, Myrtle Walk, London, Greater London N1 6QF3
£372.5K09/210.51 miFlat 34, Fellows Court, Weymouth Terrace, London, Greater London E2 8LP3
£379K02/230.53 miFlat 83, Bletchley Court, Wenlock Street, London, Greater London N1 7NY3
£500K03/230.56 mi97, Laburnum Street, London, Greater London E2 8BD3
£410K03/210.57 miFlat 31, Finn House, Bevenden Street, London, Greater London N1 6BN3
£500K02/230.57 miFlat 214, Fellows Court, Weymouth Terrace, London, Greater London E2 8LJ3
£475K09/210.58 miFlat 19, Linale House, Murray Grove, London, Greater London N1 7QH3
£515K12/200.59 miFlat 273, Fellows Court, Weymouth Terrace, London, Greater London E2 8LL3
£490K03/210.59 miFlat 549, Fellows Court, Weymouth Terrace, London, Greater London E2 8LF3
£613K03/210.6 mi1, Forest Grove, London, Greater London E8 3HX3
£440K04/230.6 miFlat 34, Brunswick House, Thurtle Road, London, Greater London E2 8PJ3
£599K03/210.61 mi5a, Brownlow Road, London, Greater London E8 4NS3
£765K05/230.62 miFlat 1, Fuse Building, Beechwood Road, London, Greater London E8 3DY3
£875K03/230.62 miFlat 1, Sledge Tower, Dalston Square, London, Greater London E8 3GT3
£470K02/210.64 mi9b, Brownlow Road, London, Greater London E8 4NS3
£675K06/230.64 mi19, Islay Walk, London, Greater London N1 2QL3
£1.0M02/230.68 miFlat 30, Spenlow Apartments, Wenlock Road, London, Greater London N1 7GH3
£452K06/210.68 miFlat 123, Regents Court, Pownall Road, London, Greater London E8 4QA3
£640K01/240.69 mi16, Crowline Walk, London, Greater London N1 2RH3
£452K06/210.7 miFlat 123, Regents Court, Pownall Road, London, Greater London E8 4QA3
£970K06/230.7 miFlat 25, Collins Tower, Blues Street, London, Greater London E8 3BG3
£680K01/230.7 miFlat 9, Lilian Baylis House, Canonbury Park South, London, Greater London N1 2JQ3
£560K01/210.71 mi19, Pelter Street, London, Greater London E2 7PE3
£447.5K03/210.72 mi13a, Ravenscroft Street, Bethnal Green, London, Greater London E2 7SH3
£540K03/210.75 miFlat 11, Hume Court, Hawes Street, London, Greater London N1 2EQ3
£485K06/210.78 mi55, Old Market Square, London, Greater London E2 7PQ3
£530K01/210.8 miFlat 1, Wells Court, Queen Margarets Grove, London, Greater London N1 4QA3
£562.5K02/210.82 miFlat 4, Wingfield House, Virginia Road, London, Greater London E2 7LZ3
£535K03/210.82 miFlat 27, Orwell Court, Pownall Road, London, Greater London E8 4PS3
£605K05/210.84 miFlat 9, Datchet House, Virginia Road, London, Greater London E2 7ND3
£600K02/230.85 miGround Floor Flat, 147, Goldsmiths Row, London, Greater London E2 8QR3
£560K04/230.87 mi5, Tavistock Close, London, Greater London N16 8UZ3
£665K12/200.88 mi8a, Graham Road, London, Greater London E8 1BZ3
£1.8M10/230.89 miUpper Maisonette, 46, Duncan Terrace, London, Greater London N1 8AL3
£1.0M10/200.89 mi90a, Forest Road, London, Greater London E8 3BH3
£550K03/230.9 miFlat 18, Hillfield House, Grosvenor Avenue, London, Greater London N5 2NS3
£466.5K02/230.9 miFlat 21, Wyndham Deedes House, Hackney Road, London, Greater London E2 7AU3

Local Rents

50 rents from £2.3K/mo to £7K/mo, average is £3.4K/mo.

RentDateDistanceAddressBeds 
£2,80005/240.05 mi-3
£2,80005/240.05 miSt Brelades Court, London, N13
£4,50012/240.07 mi-3
£3,50003/250.09 mi-3
£3,20012/240.09 mi-3
£3,75005/240.1 miBalmes Road, Islington, London, N13
£2,50004/250.1 mi-3
£3,75005/240.11 miBalmes Road, London, N13
£3,74805/240.12 miBalmes Road, de Beauvoir, N13
£2,80003/250.15 mi-3
£2,80012/240.15 mi-3
£2,80012/240.15 mi-3
£3,99512/240.16 mi-3
£6,00012/240.17 mi-3
£4,50012/240.17 miDownham Road, London3
£2,30006/240.17 mi-3
£3,49812/240.17 mi-3
£3,20012/240.19 miKleine Wharf, Orsman Road, Hoxton3
£4,40012/240.19 miHertford Road, London, N13
£3,60012/240.2 mi-3
£2,60005/240.2 miHobbs Place Estate, Hoxton, London, N13
£2,60005/240.21 miHobbs Place Estate, London3
£4,25012/240.21 miBaring Street, London, N13
£3,50001/250.21 mi-3
£4,95005/240.22 mi-3
£2,95012/240.22 mi-3
£4,00004/250.23 mi-3
£3,25012/240.24 miBaltic Place, 287 Kingsland Road, N13
£3,25012/240.25 mi-3
£3,25012/240.25 mi-3
£3,84812/240.25 miDownham Road, Islington, N13
£3,70012/240.25 mi-3
£3,40003/250.26 mi-3
£4,00005/240.27 miKingsland Road, Islington3
£3,60003/240.27 mi333 Kingsland Road, E8 4FD3
£2,70005/240.29 miYeate Street, Islington3
£3,20012/240.29 mi-3
£3,60003/240.29 miInfinity Heights, Kingsland Road, Haggerston, E83
£3,60004/240.29 miInfinity Heights, Kingsland Road, Haggerston, E83
£3,40004/240.29 miInfinity Heights, Kingsland Road, Haggerston, E83
£3,20004/250.3 mi-3
£3,40004/240.3 miKingsland Road, Haggerston, London, E83
£3,40004/240.3 miKingsland Road, Haggerston, London, E83
£3,20012/240.3 mi-3
£3,20012/240.3 miNutttall Street, London, N13
£7,00012/240.31 miSouthgate Road, Canonbury, N13
£3,47504/240.33 miAbility View, Haggerston London E23
£2,75005/240.33 miMacbeth House, Arden Estate, Hoxton3
£3,25012/240.34 miPurcell Street, Hoxton, N13
£4,11705/240.34 miArlington Avenue London N13

Local Area Statistics

Population in N1

89,893

Population in London

4,771,921

Town centre distance

1.18 miles away

Nearest school

0.20 miles away

Nearest train station

0.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

-6%

Property History

Listed for £400,000

June 7, 2024

Floor Plans

Description

  • Cash buyers only +
  • Three bedrooms +
  • Sixth floor apartment +
  • Private balcony +
  • Central De Beauvoir location +
  • No onward chain +

A fantastic three-bedroom apartment situated on the sixth floor of a well-maintained, purpose-built block in the heart of De Beauvoir, N1.

Offering close to 800 square feet (approximately), the property comprises a well-lit and sizeable reception room with access to a private balcony offering amazing views across London, eat-in kitchen, three bedrooms, a family bathroom, and ample storage throughout.

Corbiere House is perfectly set for easy access to Shoreditch and the City and is also surrounded by some great pubs in De Beauvoir alongside delis and cafes on Southgate Road. Regents Canal is just moments away and offers a scenic route to Victoria Park and Maida Vale whilst access to West and East London can be easily facilitated via Haggerston Overground, Dalston Kingsland and Old Street Underground.

Offered with no onward chain.

Agent Details

Stirling Ackroyd Sales, Dalston

020 3840 3919

Next Steps?

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