2 Bed Flat, Single Let, London, NW4 1BY £500,000

Finchley Lane, Hendon, NW4 1BY - a year ago
Sold STC
Leasehold
BTL
~60 m²
Property image

ValuationOvervalued

Sold Prices£197.3K - £1.3M
Sold Prices/m²£3.4K/m² - £15.8K/m²

 

 

Square Metres

~59.74 m²
Price/m²£8.4K/m²

Value Estimate

£351,121

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£41,200

Total Cash In

£166,200

 

 

Cash Out

 

Rent Range

£775 - £4,500

Rent Estimate

£1,675

Running Costs/mo

£1,918

Cashflow/mo

£-242

Cashflow/yr

£-2,910

Gross Yield

4%

Local Sold Prices

50 sold prices from £197.3K to £1.3M, average is £400K. £3.4K/m² to £15.8K/m², average is £5.9K/m².

Price
Date
Distance
Address
Beds
 
£495K08/250.02 miFlat 2, 49, Finchley Lane, Hendon, London NW4 1BY2
£437K12/230.04 miRaymead, Flat 8, Tenterden Grove, Hendon, London NW4 1SU2
£1.3M09/240.11 miBrinsdale Park, Flat 2, Brinsdale Road, Hendon, London NW4 1TB2
£375K02/250.14 mi82, Victoria Road, Hendon, London NW4 2RT2
£420K12/230.15 miBurnham Court, Flat 3, Brent Street, London, Greater London NW4 2RE2
£380K03/250.18 miThurlby Croft, Flat 8, Mulberry Close, Hendon, London NW4 1QP2
£284K07/250.18 miFlat 5, Sentinel House, Sentinel Square, Hendon, London NW4 2EN2
£595K06/250.2 miFlat 2, 97 Sundial House, Finchley Lane, Hendon, London NW4 1BW2
£595K06/250.2 miFlat 2, 97 Sundial House, Finchley Lane, Hendon, London NW4 1BW2
£370K09/240.21 mi49 Downhurst Court, Flat 33, Parson Street, Hendon, London NW4 1QT2
£410K01/250.21 mi49 Downhurst Court, Flat 10, Parson Street, Hendon, London NW4 1QT2
£500K06/210.25 mi7, Boyne Avenue, London, Greater London NW4 2JL2
£340K04/230.26 miFlat 22, Golderton, Prince Of Wales Close, London, Greater London NW4 4QZ2
£225K09/230.26 miFlat 88, Upper Fosters, New Brent Street, London, Greater London NW4 2DN2
£310K02/250.28 miCrest Court, Flat 18, The Crest, Hendon, London NW4 2HL2
£325K08/250.31 mi147a, Bell Lane, Hendon, London NW4 2AP2
£290K05/210.32 miFlat 1, Westchester Court, Westchester Drive, London, Greater London NW4 1RB2
£402.5K03/230.32 miFlat 21, Westchester Court, Westchester Drive, London, Greater London NW4 1RB2
£197.3K03/250.34 mi16, Hendon Hall Court, Parson Street, Hendon, London NW4 1QY2
£197.3K03/250.34 mi16, Hendon Hall Court, Parson Street, Hendon, London NW4 1QY2
£350K11/240.36 miTejas Court, Flat 5, Southbourne Crescent, Hendon, London NW4 2JX2
£260K12/230.37 mi15, St Peters Court, London, Greater London NW4 2HG2
£348K01/250.38 miGrove House, Flat 12a, Waverley Grove, Finchley, London N3 3PU2
£507.5K11/230.41 miFlat 24, The Brookdales, Bridge Lane, London, Greater London NW11 9JU2
£480K03/250.41 miThe Brookdales, Flat 29, Bridge Lane, Golders Green, London NW11 9JU2
£480K03/250.41 miFlat 29, The Brookdales, Bridge Lane, Golders Green, London NW11 9JU2
£905K07/230.42 miFlat 13, Ambassador Court, Century Close, London, Greater London NW4 2EE2
£900K07/230.42 miFlat 27, Ambassador Court, Century Close, London, Greater London NW4 2EE2
£345K10/230.43 miFlat 26, Claydon House, Holders Hill Road, London, Greater London NW4 1LS2
£485K09/240.43 mi131 Lakeside Lodge, Flat 3, Bridge Lane, Golders Green, London NW11 9LA2
£500K06/210.46 miFlat 4, Brentwood Lodge, Holmdale Gardens, London, Greater London NW4 2LY2
£430K03/230.46 mi52a, Sunny Gardens Road, London, Greater London NW4 1RY2
£567.5K10/240.47 mi30b, Brent Street, Hendon, London NW4 2ET2
£432K01/250.5 mi52, Flat 3, Ashley Lane, Hendon, London NW4 1AX2
£250K07/250.5 miFlat 4, 112, Sunningfields Road, Hendon, London NW4 4RE2
£360K03/250.5 mi39, Flat 6, Sunningfields Road, Hendon, London NW4 4RA2
£320K02/250.5 mi39, Flat 12, Sunningfields Road, Hendon, London NW4 4RA2
£320K02/250.5 miFlat 12, 39, Sunningfields Road, Hendon, London NW4 4RA2
£400K01/230.52 miFlat 37, Danescroft, Brent Street, London, Greater London NW4 2QH2
£400K11/240.53 mi3 Drayton Court, Flat 6, Hope Close, Hendon, London NW4 1AY2
£375K06/230.53 miFlat 39, Danescroft, Brent Street, London, Greater London NW4 2QH2
£435K01/250.53 mi4 Epsom Court, Flat 7, Hope Close, Hendon, London NW4 1AY2
£480K10/240.57 mi58 Charlton Court, Flat 4, Broughton Avenue, Church End, London N3 3EQ2
£372.5K12/230.59 mi25, Woodburn Close, London, Greater London NW4 2NF2
£525K09/240.6 miFernside Court, Flat 17, Holders Hill Road, Church End, London NW4 1JT2
£340K12/220.6 miFlat 54, Parade Mansions, Watford Way, London, Greater London NW4 3JJ2
£360K06/210.61 miFlat 12, Fernside Court, Holders Hill Road, London, Greater London NW4 1JT2
£330K12/220.63 miFlat 30, Park Mansions, Vivian Avenue, London, Greater London NW4 3UU2
£402.5K10/240.63 mi14a Lincoln Court, Flat 11, Rickard Close, Hendon, London NW4 4XH2
£525K06/250.67 miFlat 6, 93 Beaulieu House, Holders Hill Road, Church End, London NW4 1JY2

Local Rents

50 rents from £775/mo to £4.5K/mo, average is £2K/mo.

Rent
Date
Distance
Address
Beds
 
£1,95003/250.01 mi-2
£1,95002/250.01 mi-2
£3,20007/250.03 miTenterden Grove, Hendon, NW42
£1,75006/250.03 miFinchley Lane, Hendon, London, NW42
£1,97506/240.04 mi-2
£3,30006/240.04 miTenterden Grove, Hendon, NW42
£3,20006/250.04 miTenterden Grove, Hendon, London, NW42
£1,75006/250.04 miFinchley Lane, Hendon, NW42
£3,20007/250.04 miStoneways, Tenterden Grove, Hendon, NW42
£1,90008/240.04 mi-2
£1,90006/240.04 miFinchley Lane, London, NW42
£1,90008/240.04 miFinchley Lane, London, NW42
£1,75006/250.04 miFinchley Lane, London2
£3,20007/250.05 miTenterden Grove, London2
£1,65006/240.05 mi-2
£2,25007/240.05 miBrightview Court, Finchley Lane, Hendon, NW42
£2,25007/240.05 miFinchley Lane, Hendon, NW42
£2,25008/240.05 miBrightview Court, Finchley Lane, Hendon NW42
£4,50009/250.06 miTenterden Grove, London2
£3,20006/250.06 miTenterden Grove, London2
£4,50009/250.06 miTenterden Grove, London2
£1,99507/250.06 miBrightview Court, Finchley Lane, Hendon, NW42
£2,25008/240.06 mi-2
£2,25010/250.06 mi-2
£2,50006/240.06 miFinchley Lane, Hendon, London2
£2,40008/240.06 miFinchley Lane, Hendon, London2
£2,30008/240.06 miFinchley Lane, Hendon, London2
£2,25008/240.06 miFirst Avenue, Hendon, London2
£1,72506/250.06 miFinchley Lane, Hendon, London2
£1,67509/250.06 miFinchley Lane, Hendon, London, NW42
£2,50008/240.07 mi-2
£2,25007/240.07 miFinchley Lane, Hendon, London2
£1,95009/250.07 mi29A Finchley Lane, London, NW42
£1,85006/240.07 miCeladon Court, London NW42
£2,25006/240.07 miCeladon Court, London NW42
£2,20009/250.07 mi-2
£2,00009/250.07 mi-2
£2,30009/250.07 miFinchley Lane, London, NW42
£1,99508/250.07 miFinchley Lane, Hendon, London2
£77509/250.08 mi-2
£1,67505/250.08 miSecond Avenue, London, NW42
£2,10002/250.08 mi-2
£1,95002/250.09 mi-2
£1,90008/240.09 mi-2
£1,80009/250.09 mi-2
£1,80009/250.09 mi-2
£1,55010/250.09 miVictoria Road, Hendon, NW42
£1,55002/240.09 mi-2
£1,89804/250.09 mi-2
£1,55004/250.09 mi-2

Local Area Statistics

Population in NW4

31,745

Population in London

4,771,921

Town centre distance

6.46 miles away

Nearest school

0.20 miles away

Nearest train station

0.57 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

-2%

Property History

Listed for £500,000

June 26, 2024

Floor Plans

Property image

Description

  • Leasehold Term 125 years from 01/01/2021 +
  • Entrance Hall +
  • Reception Room +
  • Fitted Kitchen +
  • Two Bedrooms +
  • Two Bathrooms +
  • Gas Central Heating +
  • Own Private Garden +
  • Off Street Parking +

Property Description

Converted within the last 3 years is this ground floor luxury apartment. The property benefits from its own parking space and private garden. The property in located along Finchley Lane and is close to shops, transport and places of worship.

Agent Details

Chancellors, Finchley

020 3871 3815

Next Steps?

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