2 Bed Terraced House, Single Let, London, N9 8RX, £425,000

1. Forest Road, London, N9 8RX - 2 views - 7 months ago

Sold STC
BTL
61 m²
+7 photos

ValuationOvervalued

Sold Prices£325K - £486K
Sold Prices/m²£3.5K/m² - £8K/m²

 

 

Square Metres

61.24 m²
Price/m²£6.9K/m²

Value Estimate

£330,399

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Total Cash In

£128,950

 

 

Cash Out

 

Rent Range

£1,500 - £2,200

Rent Estimate

£1,519

Running Costs/mo

£1,652

Cashflow/mo

£-133

Cashflow/yr

£-1,596

Gross Yield

4%

Local Sold Prices

48 sold prices from £325K to £486K, average is £380K. £3.5K/m² to £8K/m², average is £5.4K/m².

PriceDateDistanceAddressBeds 
£377.5K10/210.03 mi77, Forest Road, London, Greater London N9 8RU2
£375K09/230.05 mi64, Lowden Road, London, Greater London N9 8RN2
£345K12/200.07 mi89, Lowden Road, London, Greater London N9 8RL2
£395K11/230.12 mi50, Grosvenor Road, London, Greater London N9 8RH2
£415K08/240.13 mi92, Tudor Road, London, Greater London N9 8NY2
£395K09/210.13 mi22, Grosvenor Road, London, Greater London N9 8RE2
£411.5K12/220.15 mi18, Woodlands Road, Edmonton, London, Greater London N9 8RT2
£375K03/220.17 mi27, Woodlands Road, Edmonton, London, Greater London N9 8RP2
£337K06/230.19 mi28, Tramway Avenue, London, Greater London N9 8PE2
£402.5K06/240.2 mi57, Chester Road, London, Greater London N9 8JH2
£410K09/230.2 mi61, Chester Road, London, Greater London N9 8JH2
£360K04/210.21 mi41, St Peters Road, Edmonton, London, Greater London N9 8JJ2
£378K06/210.21 mi90, Woodlands Road, London, Greater London N9 8RT2
£390K10/210.22 mi19, Colville Road, London, Greater London N9 7QN2
£425K09/230.26 mi1, South Road, London, Greater London N9 7JG2
£420K12/220.27 mi16, Eldon Road, London, Greater London N9 8LG2
£345K10/230.28 mi17, Coniston Gardens, London, Greater London N9 8NB2
£380K06/210.31 mi16, Belmont Avenue, Edmonton, London, Greater London N9 7JJ2
£383K11/230.33 mi15, Belmont Avenue, Edmonton, London, Greater London N9 7JL2
£327.5K07/240.33 mi3, St Michaels Avenue, London, Greater London N9 8DE2
£337.5K04/210.33 mi99, Woodlands Road, London, Greater London N9 8RR2
£440K06/210.34 mi48, Richmond Crescent, London, Greater London N9 7QJ2
£486K03/210.35 mi1, Moss Close, London, Greater London N9 7JQ2
£365K03/210.36 mi12, Gordon Road, London, Greater London N9 0LU2
£330K04/210.36 mi2, Gordon Road, London, Greater London N9 0LU2
£403K06/240.36 mi12, Gordon Road, London, Greater London N9 0LU2
£380K05/230.39 mi3, Cornwallis Grove, London, Greater London N9 0JR2
£395K06/230.39 mi35, Cornwallis Grove, London, Greater London N9 0JR2
£380K10/210.4 mi298, Nightingale Road, London, Greater London N9 8PP2
£330K12/200.4 mi298, Nightingale Road, London, Greater London N9 8PP2
£380K11/210.41 mi34, Monmouth Road, London, Greater London N9 0LS2
£365K04/210.43 mi144, Bury Street, London, Greater London N9 7JR2
£325K12/230.46 mi3, Westoe Road, London, Greater London N9 0SH2
£345K11/230.47 mi112, Oaklands Avenue, London, Greater London N9 7LJ2
£375K01/240.47 mi106, Oaklands Avenue, London, Greater London N9 7LJ2
£388K04/230.47 mi96, Oaklands Avenue, London, Greater London N9 7LJ2
£450K11/220.47 mi104, Oaklands Avenue, London, Greater London N9 7LJ2
£415K05/240.49 mi105, Oaklands Avenue, London, Greater London N9 7LL2
£380K03/210.49 mi85, Oaklands Avenue, London, Greater London N9 7LL2
£425K11/230.52 mi112, St Edmunds Road, London, Greater London N9 7PR2
£362K04/210.52 mi104, St Edmunds Road, London, Greater London N9 7PR2
£372K10/230.52 mi12, Pentland Close, London, Greater London N9 0XN2
£347K02/210.54 mi127, St Edmunds Road, London, Greater London N9 7PS2
£377K09/230.54 mi135, St Edmunds Road, London, Greater London N9 7PS2
£435K06/230.54 mi158, St Edmunds Road, London, Greater London N9 7PN2
£350K06/210.56 mi56, St James Road, London, Greater London N9 0QY2
£340K02/210.56 mi102, Elmcroft Avenue, London, Greater London N9 7DN2
£383K05/210.57 mi22, Mansfield Close, London, Greater London N9 7LU2

Local Rents

50 rents from £1.5K/mo to £2.2K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,90007/240.12 miDoncaster Roads, Edmonton, N9 2
£2,20001/250.21 mi-2
£1,95002/240.23 mi-2
£1,90007/240.24 mi-2
£1,90006/240.24 miSouth Road, London, N92
£1,90007/240.24 miSouth Road, London, N92
£1,90007/240.24 miSouth Road, London, N92
£1,69001/250.27 mi-2
£1,85005/240.27 mi-2
£1,85006/240.27 mi-2
£1,85002/250.3 mi-2
£1,80004/250.3 mi-2
£1,79904/250.32 mi-2
£2,00004/250.33 mi-2
£1,65001/250.34 mi-2
£1,80004/250.35 mi-2
£1,79505/240.39 mi-2
£1,79503/250.4 mi-2
£1,79505/240.4 mi-2
£1,80003/250.4 mi-2
£1,70005/240.4 mi-2
£1,85004/250.4 mi-2
£1,85004/250.4 mi-2
£1,74906/240.46 mi-2
£1,74907/240.46 mi-2
£1,74912/240.46 mi-2
£1,50001/250.46 mi-2
£2,00004/250.47 mi-2
£1,80005/240.47 miOaklands Avenue, N92
£1,60004/250.48 mi-2
£1,50004/250.48 mi-2
£1,60004/250.48 mi-2
£1,55005/240.49 miBunting Close, London, N92
£1,85007/240.49 mi-2
£1,79002/250.5 mi-2
£1,55006/240.51 miWashbourne Court, Acton Close, Edmonton, N92
£1,65012/240.51 mi-2
£1,65002/250.51 mi-2
£1,95007/240.54 miTown Road London N92
£1,50005/240.55 miSandhurst Road, London2
£1,80007/240.55 miSandhurst Road, Edmonton, N92
£1,80012/240.55 mi-2
£1,60002/240.56 mi-2
£1,75005/240.57 mi-2
£1,69505/240.58 mi-2
£1,85012/240.58 mi-2
£1,85012/240.58 mi-2
£1,85002/240.59 miMarlborough Road, Edmonton, N92
£1,90001/250.59 mi-2
£1,90002/250.59 mi-2

Local Area Statistics

Population in N9

51,422

Population in London

4,771,921

Town centre distance

7.57 miles away

Nearest school

0.20 miles away

Nearest train station

0.70 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+26%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Listed for £425,000

September 12, 2024

Floor Plans

Description

  • Large Open Planned Living Room +
  • Spacious Modern Fitted Kitchen +
  • Utility Room +
  • Two Double Bedrooms +
  • First Floor Bathroom +
  • Gym / Office / Garden Room +
  • Double Glazing +
  • Central Heating +

SUMMARY
Bright and spacious extended Victorian family house just off Enfield High Road, within close proximity to local shops, supermarkets, bus routes and parks and within easy access of both Edmonton Green with its rail station (Liverpool Street Line) and the A10 with its abundance of retail parks.

DESCRIPTION
Situated in a popular turning, just off Enfield High Road, within close proximity to local shops, supermarkets, bus routes and parks and within easy access of both Edmonton Green with its rail station (Liverpool Street Line) and weekly markets and the A10 with its abundance of retail facilities, this bright and spacious Victorian family house, extended and modernised by the current vendor.

Front Door 
Giving access to lounge.

Lounge / Dining Room 23' 2" into bay window x 14' max ( 7.06m into bay window x 4.27m max )
Solid wood floor, two double radiators, easy rise staircase to first floor, door to kitchen.

Kitchen 13' 1" x 8' 3" ( 3.99m x 2.51m )
Comprises a range of gloss white wall and base units, plumbing for dishwasher, integrated double oven and grill, gas hob with extractor fan over, one and a half stainless steel sink and drainer with tiled splashback, wood effect floor, space for fridge-freezer, larder cupboard, double radiator, door to utility room.

Utility Room 7' 9" x 6' 5" ( 2.36m x 1.96m )
Ceramic tiled floor, plumbing for washing machine, radiator, skylight, door to cloakroom/WC.

Cloakroom / Wc 
Double radiator, low flush WC, pedestal basin, concrete floor.

Conservatory 13' 7" x 10' 8" ( 4.14m x 3.25m )
Accessed via kitchen. Ceramic tiled floor, double doors to garden.

First Floor 

Landing 
Wood effect floor, access to loft.

Bedroom One 14' x 9' 10" ( 4.27m x 3.00m )
Wood effect floor, coving to ceiling, radiator.

Bedroom Two 11' 1" x 8' 9" ( 3.38m x 2.67m )
Double radiator.

Bathroom 9' 4" x 8' 4" ( 2.84m x 2.54m )
Comprises panelled bath with mixer taps, shower attachment, low flush WC, pedestal basin, double radiator, sunken spotlights to ceiling, tiled shower cubicle, ceramic tiled floor, wall mounted gas central heating boiler.

Outside 

Front Garden 
Part paved.

Rear Garden 
Concrete patio, tiled path to outhouse, tap, measuring approximately 50'.

Gym / Office / Garden Room 12' 5" x 10' ( 3.78m x 3.05m )
Power and light.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Barnfields Estate Agents, Enfield

020 3907 2775

Next Steps?

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