4 Bed Flat, Single Let, London, N3 2BU, £425,000

341 Regents Park Rd, Finchley, London, N3 1DP - 1 views - 7 months ago

Sold STC

Leasehold

BTL

ROI: 3%

~100 m²

+6 photos

ValuationUndervalued

Sold Prices	£177.5K - £7.5M
Sold Prices/m²	£2.5K/m² - £7.5K/m²

Square Metres	~99.70 m²
Price/m²	£4.3K/m²
Value Estimate	£510,000£510,000
BMV	20%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£106,250£106,250
Stamp Duty & Legal Fees	£31,200£31,200
Total Cash In	£137,450£137,450

Cash Out
Rent Range	£1,950 - £8,333£1,950 - £8,333
Rent Estimate	£2,113
Running Costs/mo	£1,771£1,771
Cashflow/mo	£342£342
Cashflow/yr	£4,107£4,107
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

18 sold prices from £177.5K to £7.5M, average is £542.5K. £2.5K/m² to £7.5K/m², average is £6.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£875K	12/20	0.43 mi	27, Spencer Close, London, Greater London N3 3TX	£7,056	124	4	Flat
£350K	04/23	0.91 mi	Flat 2, Sayers House, The Grange, London, Greater London N2 8NJ	-	-	4	Flat
£510K	03/23	0.92 mi	44a, Manor Park Road, London, Greater London N2 0SJ	-	-	4	Flat
£370K	10/20	1 mi	163, Beaufort Park, London, Greater London NW11 6DA	£3,936	94	4	Flat
£1.6M	03/23	1.2 mi	11, Maurice Walk, London, Greater London NW11 6JX	-	-	4	Flat
£470K	02/23	1.64 mi	First Floor Flat, 21, Sunny Gardens Road, London, Greater London NW4 1SL	-	-	4	Flat
£352K	04/21	1.77 mi	Flat 6, Cavendish House, Colney Hatch Lane, London, Greater London N10 1AS	-	-	4	Flat
£830K	03/23	1.78 mi	29, Baxendale, London, Greater London N20 0EG	-	-	4	Flat
£560K	12/21	1.89 mi	Flat 231, Princess Park Manor, Royal Drive, London, Greater London N11 3FS	-	-	4	Flat
£177.5K	03/21	2.03 mi	Ground Floor Flat, 8, St Marys Road, London, Greater London NW11 9UG	£2,483	72	4	Flat
£500K	08/23	2.18 mi	Flat 5, Sunrise View, The Rise, London, Greater London NW7 2LL	-	-	4	Flat
£970K	02/21	2.23 mi	35, St James Lane, London, Greater London N10 3DA	£6,382	152	4	Flat
£1.2M	08/23	2.43 mi	16, Springfield Avenue, London, Greater London N10 3SU	£7,547	159	4	Flat
£480K	02/21	2.5 mi	31, Summersby Road, London, Greater London N6 5UH	£6,400	75	4	Flat
£525K	08/21	2.62 mi	2, Aeroville, London, Greater London NW9 5JT	£4,730	111	4	Flat
£1.9M	03/21	2.63 mi	Flat 61, High Point, North Hill, London, Greater London N6 4AZ	-	-	4	Flat
£1.3M	01/21	2.67 mi	Flat 7, Hillside Mansions, Jacksons Lane, London, Greater London N6 5SS	-	-	4	Flat
£7.5M	12/21	2.68 mi	Apartment 8, Inverforth House, North End Way, London, Greater London NW3 7EU	-	-	4	Flat

Local Rents

49 rents from £1.9K/mo to £8.3K/mo, average is £2.7K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,550	11/24	0.01 mi	-	3	Flat
£2,550	11/24	0.01 mi	-	3	Flat
£2,650	11/24	0.05 mi	-	3	Flat
£2,500	05/24	0.05 mi	Ballards Lane, Finchley, London, N3	3	Flat
£2,550	09/24	0.06 mi	-	3	Flat
£2,650	08/24	0.06 mi	Finchley, London, N3	3	Flat
£2,750	08/24	0.09 mi	Princes Avenue, London, N3	3	Flat
£2,253	06/24	0.12 mi	Ballards Lane, Finchley, N3	3	Flat
£2,100	03/25	0.12 mi	-	3	Flat
£2,253	06/24	0.13 mi	Ballards Lane, Finchley, N3	3	Flat
£2,253	07/24	0.13 mi	Ballards Lane, Finchley, N3	3	Flat
£2,800	01/25	0.14 mi	-	3	Flat
£3,000	06/24	0.14 mi	-	3	Flat
£1,950	05/24	0.14 mi	Cornwall Avenue, Finchley Central, N3	3	Detached House
£2,750	03/25	0.14 mi	-	3	Flat
£2,100	07/24	0.16 mi	The Grove, London, N3	3	Flat
£2,250	05/24	0.16 mi	Hervey Close, Finchley Central, N3 2HD	4	Flat
£3,500	06/24	0.16 mi	Long Lane, Finchley Central, London N3	3	Flat
£2,400	01/25	0.17 mi	-	3	Flat
£2,400	01/25	0.17 mi	-	3	Flat
£3,000	05/24	0.17 mi	Long Lane, Finchley	3	Detached House
£3,300	05/24	0.2 mi	Vines Avenue, Finchley, London, N3	4	Detached House
£3,200	07/24	0.2 mi	BALLARDS LANE, Finchley Central, London, N3	3	Flat
£3,000	05/24	0.22 mi	Nether Street, Finchley, N3	4	Detached House
£3,300	05/24	0.22 mi	VINES AVENUE, Finchley, London, N3	4	Detached House
£2,745	02/25	0.23 mi	-	3	Flat
£3,200	07/24	0.24 mi	Ballards, Finchley, N3	3	Flat
£2,400	05/24	0.25 mi	Nether street, Finchley central, London, N3 - GARDEN FLAT	3	Flat
£2,300	02/24	0.26 mi	Station Road, Finchley, London, N3	3	Flat
£3,500	07/24	0.26 mi	Grosvenor Road, Finchley, N3	5	Terraced House
£3,500	07/24	0.27 mi	-	4	Flat
£2,750	08/24	0.28 mi	Brownlow Road, Finchley, N3	3	Flat
£2,200	05/24	0.28 mi	-	3	Flat
£2,800	07/24	0.28 mi	Howcroft Crescent, West Finchley, London, N3	3	House
£1,950	05/24	0.28 mi	Grosvenor Court, Grosvenor Road, Finchley, London, N3	3	Flat
£8,333	03/25	0.28 mi	-	10	Detached House
£3,300	05/24	0.29 mi	Vines Avenue, Finchley, N3	4	Detached House
£2,950	08/24	0.29 mi	Grosvenor Road, London, N3	3	Flat
£2,695	08/24	0.29 mi	Howcroft Crescent, Finchley, N3	3	Semi-Detached House
£2,550	08/24	0.29 mi	-	3	Semi-Detached House
£2,750	07/24	0.29 mi	Howcroft Crescent, West Finchley, London, N3	3	Semi-Detached House
£2,750	07/24	0.29 mi	Howcroft Crescent, Finchley	3	House
£2,750	05/24	0.29 mi	Station Road, Finchley Central, London, N3 - SEE 3D VR TOUR	4	Flat
£2,000	07/24	0.29 mi	Lichfield Grove, Finchley	3	Flat
£4,000	03/25	0.29 mi	-	4	Semi-Detached House
£3,000	06/24	0.3 mi	Regents Park Road, Finchley, London, N3	3	Flat
£2,200	06/24	0.3 mi	Crescent Road, Finchley, London, N3	3	Flat
£2,400	05/24	0.3 mi	Station Road, Finchley, N3	3	Flat
£2,300	05/24	0.31 mi	Crescent Road, Finchley Central, N3	3	Flat

Local Area Statistics

Population in N3	26,58426,584
Population in London	4,771,9214,771,921
Town centre distance	6.34 miles away6.34 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	0.17 miles away0.17 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

Price changed to £425,000

January 23, 2025

Listed for £450,000

September 19, 2024

Floor Plans

Description

CHAIN FREE +
FOUR BEDROOM FIRST FLOOR FLAT +
OVER 1000 SQ FT +
PARQUET FLOORS +
DOUBLE GLAZING +
MINUTES' WALK TO FINCHLEY CENTRAL STATION & VICTORIA PARK +
RIGH BY SHOPS, RESTAURANTS, BUS ROUTES ETC +
APPROX 86 YEARS REMAINING +
GROUND RENT APPROX £75.00 PA +
SERVICE CHARGE NIL +

Over 1000sq ft. Convenient location. This is a deceptively spacious four-bedroom first floor flat situated on Ballard’s Lane above commercial premises.

The property is ideally located within minutes’ walk of Finchley Central Station, Victoria Park, array of shops, restaurants and bus routes.

It also benefits from double glazing, parquet floors, spacious rooms and is also chain free.

To really appreciate the location, size and potential an internal viewing is highly recommended via the Vendors Sole Agent Ellis and Co. Tel No: .

Agent Details

Ellis & Co, Finchley

020 3856 3457

Next Steps?

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

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4 Bed Flat, Single Let, London, N3 2BU, £425,000

ValuationUndervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents