2 Bed Flat, Single Let, London, N9 0TQ, £259,950

The Concourse, Edmonton, N9 0TQ - 5 views - 9 months ago

Leasehold
BTL
ROI: 7%
~69 m²
+9 photos

ValuationUndervalued

Sold Prices£222.5K - £315K
Sold Prices/m²£3.2K/m² - £6K/m²

 

 

Square Metres

~69.08 m²
Price/m²£3.8K/m²

Value Estimate

£318,048
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£64,988

Stamp Duty & Legal Fees

£9,496

Total Cash In

£74,484

 

 

Cash Out

 

Rent Range

£1,300 - £4,000

Rent Estimate

£1,550

Running Costs/mo

£1,142

Cashflow/mo

£408

Cashflow/yr

£4,892

ROI

7%

Gross Yield

7%

Local Sold Prices

46 sold prices from £222.5K to £315K, average is £257.3K. £3.2K/m² to £6K/m², average is £4.6K/m².

PriceDateDistanceAddressBeds 
£278K10/220.14 mi13, Sawyer Close, London, Greater London N9 9XP2
£273.5K07/210.24 mi17, Ruskin Walk, London, Greater London N9 9DT2
£270K12/220.25 mi27, Beechwood Mews, London, Greater London N9 9XH2
£250K09/230.25 mi31, Beechwood Mews, London, Greater London N9 9XH2
£250K01/210.25 mi15, Beechwood Mews, London, Greater London N9 9XH2
£290K03/230.25 mi29, Beechwood Mews, London, Greater London N9 9XH2
£262.5K04/210.26 mi62, Milestone Close, London, Greater London N9 9GA2
£303K09/220.29 mi17, Lichfield Road, London, Greater London N9 9HD2
£258K12/200.31 mi21, All Saints Close, London, Greater London N9 9AT2
£315K10/230.35 mi16a, Sunnyside Road North, London, Greater London N9 9SW2
£226K01/210.36 mi124, Croyland Road, London, Greater London N9 7BD2
£262K05/210.37 miFlat 4, Romany House, Beaconsfield Road, London, Greater London N9 0PY2
£280K02/230.38 mi89, Church Lane, London, Greater London N9 9QA2
£257.5K09/210.47 mi42, Grilse Close, London, Greater London N9 0UU2
£270K09/220.47 mi49, Pycroft Way, London, Greater London N9 9XU2
£260K03/210.47 mi53, Pycroft Way, London, Greater London N9 9XU2
£260K12/220.49 mi52, Pycroft Way, London, Greater London N9 9XY2
£222.5K10/200.5 mi119, Croyland Road, London, Greater London N9 7BH2
£275K03/220.53 mi41, Jeremys Green, London, Greater London N18 2NB2
£247.5K06/210.54 mi21, Hennessy Road, London, Greater London N9 0XA2
£265K07/220.56 mi28, Herne Mews, London, Greater London N18 2QZ2
£240K10/220.56 mi6, Hennessy Road, London, Greater London N9 0XQ2
£257K10/220.57 mi14, Hennessy Road, London, Greater London N9 0XQ2
£280K06/230.58 miGround Floor Flat, 23, Arthur Road, London, Greater London N9 9AF2
£240K04/210.59 mi30, Pentland Close, London, Greater London N9 0XN2
£240K04/210.59 mi30, Pentland Close, London, Greater London N9 0XN2
£225K04/210.63 mi32, Buxton Close, London, Greater London N9 0XL2
£240K10/230.68 mi96, Hudson Way, Edmonton, London, Greater London N9 0XG2
£248K05/210.68 mi114, Hudson Way, London, Greater London N9 0XG2
£248K06/210.71 mi201, St Marys Road, Edmonton, London, Greater London N9 8NR2
£245K02/220.73 mi6, Inverness Road, London, Greater London N18 2EE2
£253K05/210.75 mi35, Martin Close, London, Greater London N9 8UE2
£250K01/220.75 mi56, Leopold Road, London, Greater London N18 2HX2
£270K11/210.75 mi50, Leopold Road, London, Greater London N18 2HX2
£225K09/220.8 mi185b, Church Street, Edmonton, London, Greater London N9 9HL2
£275K04/230.88 mi26, Culpepper Close, London, Greater London N18 2DZ2
£270K03/230.88 mi12, Culpepper Close, London, Greater London N18 2DZ2
£233K02/220.89 miFlat 7, Bridport House, Colyton Way, London, Greater London N18 2XJ2
£270K11/210.91 mi50, Leopold Road, London, Greater London N18 2HX2
£260K04/210.93 mi46, Leopold Road, London, Greater London N18 2EW2
£266K12/210.93 mi70, Leopold Road, London, Greater London N18 2HX2
£251K10/210.94 mi14, Dickens Lane, London, Greater London N18 1PH2
£230K06/220.95 mi23, Dickens Lane, London, Greater London N18 1PH2
£255K06/220.98 mi49, Tanners End Lane, London, Greater London N18 1PQ2
£243K02/230.98 mi38, Tanners End Lane, London, Greater London N18 1PG2
£250K08/221 mi55, Tanners End Lane, London, Greater London N18 1PQ2

Local Rents

50 rents from £1.3K/mo to £4K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,80012/240.15 mi-2
£1,90001/250.16 mi-2
£1,90002/250.16 mi-2
£2,00005/240.18 mi-2
£1,55006/240.22 miWashbourne Court, Acton Close, Edmonton, N92
£1,65012/240.22 mi-2
£1,65002/250.22 mi-2
£1,75001/250.22 mi-2
£1,80003/250.23 mi-2
£1,60007/240.23 miFlexistowe Road, London, N92
£1,60007/240.23 mi-2
£1,80003/250.25 mi-2
£1,65001/250.25 mi-2
£1,85001/250.26 mi-2
£1,95007/240.3 miTown Road London N92
£1,85003/250.33 mi-2
£1,80007/240.34 mi-2
£1,90006/240.35 mi-2
£1,69001/250.37 mi-2
£1,85005/240.37 mi-2
£1,85006/240.37 mi-2
£1,80005/240.39 miFelixstowe Road, Edmonton2
£2,20002/250.43 mi-2
£1,80003/250.43 mi-2
£1,90006/240.44 miSouth Road, London, N92
£1,90007/240.44 miSouth Road, London, N92
£1,90007/240.44 miSouth Road, London, N92
£1,90007/240.44 mi-2
£1,90007/240.44 miMarlborough Road, Edmonton, N92
£1,85002/240.44 miMarlborough Road, Edmonton, N92
£1,85002/250.45 mi-2
£1,90007/240.45 mi-2
£1,60002/240.46 mi-2
£1,60002/240.46 mi-2
£1,85012/240.46 mi-2
£1,85012/240.46 mi-2
£1,55006/240.48 miPycroft Way, London, N92
£1,30007/240.48 miPycroft Way, London, N92
£4,00005/240.48 mi-2
£1,50001/250.48 mi-2
£1,75005/240.52 miJeremys Green, Edmonton, N182
£1,70005/240.53 mi-2
£1,79503/250.53 mi-2
£1,79505/240.53 mi-2
£1,79505/240.54 mi-2
£1,70006/240.54 miSwaythling Close, London2
£1,69505/240.55 mi-2
£1,70003/250.55 mi-2
£1,65006/240.55 mi-2
£1,70006/240.56 miArthur Road, Edmonton, N92

Local Area Statistics

Population in N9

51,422

Population in London

4,771,921

Town centre distance

6.99 miles away

Nearest train station

0.13 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+26%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Listed for £259,950

June 22, 2024

Floor Plans

Description

  • Two double bedrooms flat +
  • Lift operated +
  • Edmonton Green BR station +
  • 108 years old +
  • Local shops, restaurants, supermarkets +
  • Double glazed windows +
  • Offered for sale on a chain free basis +

Castles are delighted to present this two double bedroom modern purpose built development with south facing balcony. The property is situated in the heart of Edmonton Green, with its shops and transport links. The property benefits from open plan lounge/kitchen, balcony, two double bedrooms and bathroom. It also has features to include double glazed windows and is offered on a chain free basis. Internal viewings highly recommended.

Agent Details

Castles Estate Agents, Edmonton - Sales

020 3840 3311

Next Steps?

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