2 Bed Flat, Single Let, London, N18 2FF, £335,000

Prowse Court, 74 Fore Street, LONDON, N18 2FF - 3 views - 8 months ago

Sold STC

Leasehold

BTL

ROI: 2%

~67 m²

+11 photos

ValuationOvervalued

Sold Prices	£230K - £415K
Sold Prices/m²	£3.2K/m² - £7.2K/m²

Square Metres	~66.80 m²
Price/m²	£5K/m²
Value Estimate	£325,177£325,177

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£83,750£83,750
Stamp Duty & Legal Fees	£15,500£15,500
Total Cash In	£99,250£99,250

Cash Out
Rent Range	£1,450 - £3,500£1,450 - £3,500
Rent Estimate	£1,550
Running Costs/mo	£1,377£1,377
Cashflow/mo	£173£173
Cashflow/yr	£2,078£2,078
ROI	2%2%
Gross Yield	6%6%

Local Sold Prices

42 sold prices from £230K to £415K, average is £270K. £3.2K/m² to £7.2K/m², average is £4.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£233K	02/22	0.12 mi	Flat 7, Bridport House, Colyton Way, London, Greater London N18 2XJ	-	-	2	Flat
£300K	06/21	0.26 mi	106, Middleham Road, London, Greater London N18 2SD	£5,882	51	2	Flat
£307K	03/21	0.34 mi	69, Northumberland Park, London, Greater London N17 0TG	£6,532	47	2	Flat
£285K	11/22	0.37 mi	1, Taylor Close, London, Greater London N17 0UB	£4,914	58	2	Flat
£245K	02/22	0.4 mi	6, Inverness Road, London, Greater London N18 2EE	£5,000	49	2	Flat
£342K	02/23	0.42 mi	123, Northumberland Park, London, Greater London N17 0TL	£6,333	54	2	Flat
£265K	07/22	0.45 mi	28, Herne Mews, London, Greater London N18 2QZ	-	-	2	Flat
£251K	10/21	0.45 mi	14, Dickens Lane, London, Greater London N18 1PH	-	-	2	Flat
£230K	06/22	0.46 mi	23, Dickens Lane, London, Greater London N18 1PH	£5,610	41	2	Flat
£275K	04/23	0.47 mi	26, Culpepper Close, London, Greater London N18 2DZ	£4,661	59	2	Flat
£270K	03/23	0.47 mi	12, Culpepper Close, London, Greater London N18 2DZ	£4,091	66	2	Flat
£310K	04/21	0.48 mi	17, Academia Way, London, Greater London N17 8HE	£4,559	68	2	Flat
£270K	11/21	0.53 mi	50, Leopold Road, London, Greater London N18 2HX	-	-	2	Flat
£320K	08/21	0.53 mi	Flat 37, Somerset Hall, Creighton Road, London, Greater London N17 8SH	-	-	2	Flat
£275K	11/20	0.53 mi	Flat 55, Somerset Hall, Creighton Road, London, Greater London N17 8SH	-	-	2	Flat
£266K	12/21	0.54 mi	70, Leopold Road, London, Greater London N18 2HX	£5,216	51	2	Flat
£260K	04/21	0.54 mi	46, Leopold Road, London, Greater London N18 2EW	£4,409	59	2	Flat
£260K	12/22	0.55 mi	52, Pycroft Way, London, Greater London N9 9XY	£4,407	59	2	Flat
£245K	07/22	0.56 mi	82, Wigston Close, London, Greater London N18 1XF	£4,737	52	2	Flat
£255K	06/22	0.56 mi	49, Tanners End Lane, London, Greater London N18 1PQ	£5,835	44	2	Flat
£290K	11/22	0.56 mi	Flat 46, Somerset Hall, Creighton Road, London, Greater London N17 8SH	-	-	2	Flat
£250K	08/22	0.56 mi	55, Tanners End Lane, London, Greater London N18 1PQ	£3,571	70	2	Flat
£250K	01/22	0.57 mi	56, Leopold Road, London, Greater London N18 2HX	£4,237	59	2	Flat
£270K	11/21	0.57 mi	50, Leopold Road, London, Greater London N18 2HX	-	-	2	Flat
£243K	02/23	0.58 mi	38, Tanners End Lane, London, Greater London N18 1PG	£3,197	76	2	Flat
£270K	09/22	0.59 mi	49, Pycroft Way, London, Greater London N9 9XU	£5,348	50	2	Flat
£274K	03/23	0.59 mi	10, Park Lane Close, London, Greater London N17 0HL	£4,281	64	2	Flat
£260K	03/21	0.59 mi	53, Pycroft Way, London, Greater London N9 9XU	£4,906	53	2	Flat
£262K	05/21	0.62 mi	Flat 4, Romany House, Beaconsfield Road, London, Greater London N9 0PY	-	-	2	Flat
£245K	03/21	0.66 mi	Flat 14, Corbridge House, Northumberland Park, London, Greater London N17 0QE	-	-	2	Flat
£285K	07/23	0.67 mi	Flat 3, Whittingham House, Northumberland Park, London, Greater London N17 0QG	£3,958	72	2	Flat
£257.5K	09/21	0.69 mi	42, Grilse Close, London, Greater London N9 0UU	£4,952	52	2	Flat
£321K	06/21	0.72 mi	28, Gascoigne Close, London, Greater London N17 8BA	£5,350	60	2	Flat
£315K	10/23	0.74 mi	16a, Sunnyside Road North, London, Greater London N9 9SW	-	-	2	Flat
£275K	03/22	0.77 mi	41, Jeremys Green, London, Greater London N18 2NB	£4,260	65	2	Flat
£318K	10/20	0.78 mi	24, Shelbourne Road, London, Greater London N17 9YH	£7,195	44	2	Flat
£415K	04/23	0.82 mi	52, Pembury Road, London, Greater London N17 8LY	-	-	2	Flat
£262K	03/21	0.92 mi	40, Siddons Road, London, Greater London N17 9UT	£4,596	57	2	Flat
£400K	11/22	0.92 mi	46, Siddons Road, London, Greater London N17 9UT	-	-	2	Flat
£258K	12/20	0.98 mi	21, All Saints Close, London, Greater London N9 9AT	£4,868	53	2	Flat
£335K	06/21	1 mi	157, Shelbourne Road, London, Greater London N17 9YD	-	-	2	Flat
£326K	06/21	1 mi	161a, Shelbourne Road, London, Greater London N17 9YD	£5,344	61	2	Flat

Local Rents

50 rents from £1.4K/mo to £3.5K/mo, average is £1.9K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,750	03/25	0.03 mi	-	2	Flat
£1,850	06/24	0.16 mi	Leyburn Grove, Edmonton, London	2	House
£1,950	06/24	0.2 mi	Lancaster Road, Edmonton	2	Terraced House
£1,700	06/24	0.22 mi	Brantwood Road, Tottenham, London, N17	2	Flat
£1,900	05/24	0.27 mi	-	2	Flat
£2,050	12/24	0.28 mi	-	2	Flat
£1,950	03/25	0.28 mi	-	2	Flat
£2,200	03/25	0.28 mi	-	2	Flat
£1,850	03/25	0.28 mi	-	2	Flat
£1,450	12/24	0.29 mi	-	2	Flat
£1,850	03/25	0.3 mi	-	2	Flat
£1,850	02/25	0.31 mi	-	2	Flat
£1,800	03/25	0.32 mi	-	2	Flat
£1,800	12/24	0.32 mi	-	2	Flat
£2,150	12/24	0.33 mi	-	2	Semi-Detached House
£1,700	12/24	0.33 mi	-	2	Flat
£2,000	12/24	0.33 mi	-	2	Flat
£3,500	02/25	0.33 mi	-	2	Flat
£1,745	06/24	0.34 mi	Victoria Road,	2	Flat
£1,695	06/24	0.34 mi	Victoria Road,	2	Flat
£1,650	03/25	0.34 mi	-	2	Flat
£2,495	01/25	0.35 mi	-	2	Bungalow
£2,495	02/25	0.35 mi	-	2	Bungalow
£2,395	02/25	0.35 mi	-	2	Bungalow
£2,345	02/25	0.35 mi	-	2	Bungalow
£2,345	02/25	0.35 mi	-	2	Bungalow
£2,345	02/25	0.35 mi	-	2	Bungalow
£2,195	03/25	0.35 mi	-	2	Bungalow
£1,800	05/24	0.4 mi	-	2	Flat
£1,950	01/25	0.41 mi	-	2	Flat
£1,800	05/24	0.42 mi	Trulock Road, Northumberland Park, Tottenham, London, N17	2	Terraced House
£1,825	12/24	0.42 mi	-	2	Flat
£1,662	05/24	0.43 mi	Trulock Road, Tottenham, London, N17	2	Flat
£1,750	06/24	0.43 mi	Trulock Road, Tottenham, London, N17	2	Flat
£2,400	03/25	0.43 mi	-	2	Flat
£1,595	03/25	0.47 mi	-	2	Flat
£1,800	05/24	0.48 mi	2 Bedroom Flat – Academia Way, White Hart Lane N17	2	Flat
£1,600	01/25	0.48 mi	-	2	Flat
£1,550	05/24	0.5 mi	Culpepper Close, Edmonton, London, N18	2	Flat
£1,800	03/25	0.51 mi	-	2	Flat
£1,800	03/25	0.51 mi	-	2	Flat
£2,000	06/24	0.52 mi	-	2	Flat
£1,600	06/24	0.53 mi	Somerset Hall, Creighton Road, Tottenham N17	2	Flat
£1,590	05/24	0.54 mi	Warwick Road, Edmonton, N18	2	Flat
£1,600	01/25	0.54 mi	-	2	Flat
£1,700	12/24	0.54 mi	-	2	Flat
£1,900	03/25	0.54 mi	-	2	Flat
£1,975	03/25	0.54 mi	-	2	Flat
£2,500	06/24	0.54 mi	Creighton Road, N17	2	Flat
£1,900	01/25	0.54 mi	-	2	Flat

Local Area Statistics

Population in N18	31,59831,598
Population in London	4,771,9214,771,921
Town centre distance	6 miles away6 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.44 miles away0.44 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+19%+19%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+10%+10%

Property History

Listed for £335,000

August 5, 2024

Floor Plans

Description

Offered Chain Free +
Easy Access to A10 & A406 +
Proximity to Silver Street Train Station +
Video EntryPhone System +
Lift & Stair Access to the Sixth Floor +
Entrance Hallway with Storage +
26ft Reception Room +
Modern Fitted Kitchen with Integrated Appliances +
Modern Family Bathroom Suite +
Ensuite to Master Bedroom +

CURRENTLY TENANTED - SOLD VACANT POSSESSION EQUITY ESTATE AGENTS are proud to present this STUNNING, SPACIOUS and OFFERED CHAIN FREE this Two-Bedroom Apartment situated on the SIXTH FLOOR and overlooking BEAUTIFUL VIEWS. The apartment is located within close proximity of LOCAL AMENITIES, LOCAL BUS ROUTES, A406 ROAD LINKS and SILVER STREET train station.

Benefits include a Video EntryPhone System, Lift and Stair Access, Entrance Hallway with Storage Cupboards, 26ft Reception Room, Open Plan Modern Fitted Kitchen with Integrated Appliances, Tow Double Bedrooms, Modern Family Bathroom Suite, Ensuite Bathroom to Master Bedroom, Double Glazing, Gas Central Heating, Own Private Balcony with Stunning Views, Allocated Parking Space via Gated Development, Long lease 241 Years Remaining.

Agent Details

Equity Estate Agents, Enfield

020 3908 8521

Next Steps?

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