3 Bed Semi-Detached House, Single Let, London, N3 2ER, £600,000

11 Station Road, Finchley, London, N3 2SB - 7 views - 7 months ago

Under Offer

BTL

~93 m²

+4 photos

ValuationFair Value

Sold Prices	£460K - £1.3M
Sold Prices/m²	£4.8K/m² - £15.6K/m²

Square Metres	~93 m²
Price/m²	£6.5K/m²
Value Estimate	£588,370£588,370

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£150,000£150,000
Stamp Duty & Legal Fees	£36,700£36,700
Total Cash In	£186,700£186,700

Cash Out
Rent Range	£2,000 - £3,800£2,000 - £3,800
Rent Estimate	£2,000
Running Costs/mo	£2,295£2,295
Cashflow/mo	£-295£-295
Cashflow/yr	£-3,540£-3,540
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £460K to £1.3M, average is £721.8K. £4.8K/m² to £15.6K/m², average is £6.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£615K	10/22	0.01 mi	17, Montpelier Road, London, Greater London N3 2ER	-	-	3	Terraced House
£600K	05/21	0.03 mi	22, Montpelier Road, London, Greater London N3 2ER	-	-	3	Semi-Detached House
£625K	09/23	0.03 mi	21, Montpelier Road, London, Greater London N3 2ER	£5,841	107	3	Semi-Detached House
£615K	02/21	0.03 mi	1, Cromwell Road, Finchley, London, Greater London N3 2ET	£6,685	92	3	Semi-Detached House
£681.5K	11/20	0.03 mi	6, Cromwell Road, Finchley, London, Greater London N3 2ET	£7,328	93	3	Semi-Detached House
£580K	11/20	0.05 mi	34, Avondale Road, London, Greater London N3 2ES	£5,133	113	3	Terraced House
£680K	04/23	0.05 mi	18, Avondale Road, London, Greater London N3 2ES	£5,763	118	3	Terraced House
£780.8K	10/22	0.07 mi	15, Avondale Road, London, Greater London N3 2EU	£15,616	50	3	Terraced House
£637.5K	12/20	0.07 mi	5, Avondale Road, London, Greater London N3 2EU	£5,958	107	3	Terraced House
£570K	06/21	0.07 mi	47, Avondale Road, London, Greater London N3 2EU	-	-	3	Terraced House
£551K	03/21	0.07 mi	41, Avondale Road, London, Greater London N3 2EU	£6,261	88	3	Terraced House
£617K	12/22	0.07 mi	47, Avondale Road, London, Greater London N3 2EU	-	-	3	Terraced House
£695K	02/23	0.08 mi	5, Avondale Road, London, Greater London N3 2EU	£6,495	107	3	Terraced House
£675K	11/21	0.08 mi	126, Squires Lane, London, Greater London N3 2AB	-	-	3	Terraced House
£460K	09/22	0.1 mi	221, Long Lane, London, Greater London N3 2RL	£6,183	74	3	Terraced House
£650K	04/23	0.13 mi	144, Squires Lane, London, Greater London N3 2QT	-	-	3	Terraced House
£1.3M	12/20	0.15 mi	9, Park Avenue, London, Greater London N3 2EJ	£12,908	98	3	Terraced House
£880K	01/21	0.16 mi	149, Etchingham Park Road, London, Greater London N3 2EE	£7,395	119	3	Terraced House
£653.3K	03/21	0.2 mi	72, Squires Lane, London, Greater London N3 2AP	£6,163	106	3	Terraced House
£650K	02/21	0.2 mi	84, Rosemary Avenue, London, Greater London N3 2QN	£5,702	114	3	Semi-Detached House
£557K	06/23	0.23 mi	14, The Mead, London, Greater London N2 8LD	£5,255	106	3	Terraced House
£1.0M	11/22	0.23 mi	90, Woodlands Avenue, London, Greater London N3 2NR	£10,215	98	3	Terraced House
£910K	09/22	0.24 mi	56, Sylvester Road, London, Greater London N2 8HN	£8,018	114	3	Detached House
£765K	02/23	0.24 mi	56, Rosemary Avenue, London, Greater London N3 2QN	£6,786	113	3	Terraced House
£707K	11/20	0.24 mi	36, Rosemary Avenue, London, Greater London N3 2QN	£6,662	106	3	Terraced House
£635K	02/21	0.25 mi	67, Squires Lane, London, Greater London N3 2AN	£5,721	111	3	Terraced House
£586.3K	02/24	0.25 mi	326, Long Lane, London, Greater London N2 8JP	£5,922	99	3	Terraced House
£635K	04/21	0.26 mi	13, Glebe Road, London, Greater London N3 2BA	£4,847	131	3	Terraced House
£750K	11/22	0.26 mi	44, Clifton Road, London, Greater London N3 2AR	£7,653	98	3	Terraced House
£825K	11/22	0.26 mi	27, Rosemary Avenue, London, Greater London N3 2QP	-	-	3	Terraced House
£805K	09/21	0.28 mi	9, Cadogan Gardens, London, Greater London N3 2HN	£7,667	105	3	Terraced House
£815K	03/21	0.28 mi	24, Cadogan Gardens, London, Greater London N3 2HN	-	-	3	Terraced House
£750K	12/20	0.29 mi	3, Bow Lane, London, Greater London N12 0JR	£4,902	153	3	Terraced House
£742.5K	01/21	0.29 mi	2, Sylvester Road, London, Greater London N2 8HN	£8,438	88	3	Semi-Detached House
£685K	06/21	0.32 mi	20, Brendon Grove, London, Greater London N2 8JZ	£8,155	84	3	Semi-Detached House
£850K	01/23	0.32 mi	27, Briarfield Avenue, London, Greater London N3 2LG	-	-	3	Terraced House
£736.5K	06/21	0.33 mi	28, Tangle Tree Close, London, Greater London N3 2TR	£6,819	108	3	Semi-Detached House
£1.0M	11/22	0.35 mi	120, Lichfield Grove, London, Greater London N3 2JN	-	-	3	Semi-Detached House
£812K	11/22	0.35 mi	327, Long Lane, London, Greater London N2 8JW	£8,202	99	3	Terraced House
£1.1M	08/23	0.36 mi	20, Briarfield Avenue, London, Greater London N3 2LH	£10,030	110	3	Semi-Detached House
£620K	11/23	0.36 mi	8, Chambers Gardens, London, Greater London N2 9AL	£6,139	101	3	Terraced House
£865K	03/21	0.36 mi	305, Long Lane, London, Greater London N2 8JW	£7,655	113	3	Terraced House
£982K	11/22	0.37 mi	94, Lichfield Grove, London, Greater London N3 2JN	-	-	3	Semi-Detached House
£703K	06/21	0.38 mi	19, Lewis Gardens, London, Greater London N2 9AN	£8,369	84	3	Semi-Detached House
£925K	10/23	0.38 mi	88, Bow Lane, London, Greater London N12 0JP	£8,551	108	3	Semi-Detached House
£850K	06/21	0.39 mi	28, Lankaster Gardens, London, Greater London N2 9AJ	£6,746	126	3	Terraced House
£745K	09/21	0.39 mi	380, Long Lane, London, Greater London N2 8JX	£7,885	94	3	Terraced House
£995K	07/23	0.4 mi	39, Claverley Grove, London, Greater London N3 2DG	£9,189	108	3	Terraced House
£785K	06/21	0.42 mi	35, Hervey Close, London, Greater London N3 2HG	-	-	3	Semi-Detached House
£750K	09/21	0.45 mi	3, St Pauls Way, London, Greater London N3 2PP	£6,209	121	3	Semi-Detached House

Local Rents

49 rents from £2K/mo to £3.8K/mo, average is £2.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,300	06/24	0.02 mi	Long Lane, Finchley	3	House
£3,000	01/25	0.03 mi	-	3	Terraced House
£2,100	06/24	0.07 mi	Abingdon Road, Finchley	3	Flat
£2,000	06/24	0.07 mi	Abingdon Road, Finchley	3	Flat
£2,750	06/24	0.08 mi	Nursery Avenue, Finchley, N3	3	Terraced House
£2,100	05/24	0.2 mi	Squires Lane, Finchley	3	Flat
£2,850	11/24	0.23 mi	-	3	Terraced House
£2,200	06/24	0.24 mi	Manor Cottages Approach, East Finchley	3	House
£2,400	08/24	0.24 mi	Clifton Road, Finchley Central	3	Terraced House
£3,300	05/24	0.25 mi	SQUIRES LANE, Finchley Central, London, N3	3	Terraced House
£2,750	07/24	0.26 mi	Rosemary Avenue, Finchley, N3	3	Terraced House
£2,350	05/24	0.26 mi	Glebe Road, Finchley, London, N3	3	Flat
£2,350	05/24	0.28 mi	Long Lane, East Finchley, London, N2	3	Flat
£2,400	05/24	0.28 mi	Tarling Road, East Finchley, London, N2	3	Terraced House
£2,300	07/24	0.32 mi	Manor View, Finchley	3	Flat
£2,500	05/24	0.32 mi	Station Road, Finchley Central, London, N3	3	Flat
£2,745	02/25	0.34 mi	-	3	Flat
£3,000	05/24	0.35 mi	-	3	Flat
£3,000	05/24	0.35 mi	Brownswell Road, London, N2	3	Terraced House
£2,800	01/25	0.35 mi	-	3	Flat
£2,800	07/24	0.36 mi	Park Crescent, Finchley Central, London	3	Flat
£2,600	12/24	0.36 mi	Lewis Gardens, East Finchley, N2	3	Terraced House
£2,400	06/24	0.37 mi	Chambers Gardens, East Finchley, N2	3	House
£3,000	05/24	0.38 mi	Long Lane, Finchley	3	Detached House
£2,500	05/24	0.39 mi	Manor View, Finchley, N3	3	Flat
£2,100	02/24	0.39 mi	Long Lane, East Finchley, London	3	Flat
£2,750	08/24	0.39 mi	Princes Avenue, London, N3	3	Flat
£3,500	06/24	0.4 mi	Long Lane, Finchley Central, London N3	3	Flat
£2,400	05/24	0.41 mi	Station Road, Finchley, N3	3	Flat
£2,800	03/25	0.42 mi	-	3	Flat
£3,800	05/24	0.42 mi	-	3	Flat
£2,450	05/24	0.42 mi	-	3	Flat
£2,650	08/24	0.43 mi	Finchley, London, N3	3	Flat
£2,550	09/24	0.43 mi	-	3	Flat
£3,200	07/24	0.43 mi	Ballards, Finchley, N3	3	Flat
£2,900	04/25	0.44 mi	-	3	Flat
£2,300	02/24	0.45 mi	Station Road, Finchley, London, N3	3	Flat
£2,000	07/24	0.46 mi	Lichfield Grove, Finchley	3	Flat
£2,100	04/25	0.46 mi	-	3	Flat
£2,350	05/24	0.47 mi	High Road, London	3	Flat
£3,000	06/24	0.47 mi	-	3	Flat
£2,650	11/24	0.47 mi	-	3	Flat
£2,400	08/24	0.48 mi	-	3	Flat
£2,550	06/24	0.48 mi	Manor Park Road, London, N2	3	Flat
£2,100	12/24	0.48 mi	-	3	Flat
£2,400	04/25	0.48 mi	-	3	Flat
£2,253	06/24	0.48 mi	Ballards Lane, Finchley, N3	3	Flat
£2,253	07/24	0.48 mi	Ballards Lane, Finchley, N3	3	Flat
£2,200	05/24	0.49 mi	Etchingham Court, Etchingham Park Road, London, N3	3	Flat

Local Area Statistics

Population in N3	26,58426,584
Population in London	4,771,9214,771,921
Town centre distance	5.90 miles away5.90 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.51 miles away0.51 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-30%-30%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+19%+19%

Property History

Listed for £600,000

September 18, 2024

Floor Plans

Description

3 bedroom semi-detached house with great potential! This lovely property boasts 2 reception rooms, 3 bedrooms, and 1 bathroom, providing ample space for comfortable living.

Situated in a sought-after location close to Manorside Primary School, this home is perfect for families with young children.

One of the standout features of this property is the scope for a loft conversion, offering the opportunity to further enhance the living space and add value to the home. Additionally, being chain-free means a smoother and quicker process for potential buyers.

As the sole agents for this property, we are excited to present this wonderful opportunity to own a home in this desirable area. Don't miss out on the chance to make this house your own and create a space that truly reflects your style and needs. Contact us today to arrange a viewing and take the first step towards owning your dream home in Montpelier Road!

Agent Details

Finchleys, Finchley

020 3909 7047

Next Steps?

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

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