2 Bed Flat, Single Let, London, N22 6AS, £450,000

Boundary Road, London, N22 6AS - 2 views - 7 months ago

Under Offer
Leasehold
BTL
~68 m²
+15 photos

ValuationUndervalued

Sold Prices£260K - £550K
Sold Prices/m²£4.9K/m² - £9.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£6.6K/m²

Value Estimate

£488,861
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£24,700

Total Cash In

£137,200

 

 

Cash Out

 

Rent Range

£1,600 - £3,290

Rent Estimate

£1,613

Running Costs/mo

£1,749

Cashflow/mo

£-136

Cashflow/yr

£-1,630

Gross Yield

4%

Local Sold Prices

50 sold prices from £260K to £550K, average is £428K. £4.9K/m² to £9.3K/m², average is £7.2K/m².

PriceDateDistanceAddressBeds 
£475K11/210.04 mi64, Sirdar Road, London, Greater London N22 6RD2
£490K01/210.05 mi148, Sirdar Road, London, Greater London N22 6RD2
£468.5K02/210.05 mi82, Sirdar Road, London, Greater London N22 6RD2
£473K06/210.06 mi138, Sirdar Road, London, Greater London N22 6RD2
£465K12/200.09 mi45, Sirdar Road, London, Greater London N22 6QS2
£495K06/210.12 mi74, Willingdon Road, London, Greater London N22 6SD2
£470K04/210.12 mi76, Willingdon Road, London, Greater London N22 6SD2
£350K11/200.14 mi48, Cobham Road, London, Greater London N22 6RP2
£319K05/210.15 mi134, Westbury Avenue, London, Greater London N22 6RT2
£358K04/210.16 mi138a, Boundary Road, London, Greater London N22 6AE2
£470K12/200.17 mi10a, Willingdon Road, London, Greater London N22 6SB2
£390K04/230.17 mi6b, Willingdon Road, London, Greater London N22 6SB2
£405K03/210.19 miFirst Floor Flat, 137, Langham Road, London, Greater London N15 3LP2
£405K04/230.19 mi200a, Langham Road, London, Greater London N15 3NB2
£495K05/210.22 mi135, Westbury Avenue, London, Greater London N22 6RY2
£514K11/200.22 mi127, Westbury Avenue, London, Greater London N22 6RY2
£445K06/240.22 mi109a, Westbury Avenue, London, Greater London N22 6RY2
£417K01/230.22 mi43, Belmont Avenue, London, Greater London N17 6AX2
£430K10/200.23 mi65a, Belmont Avenue, London, Greater London N17 6AX2
£350K03/210.23 miGround Floor Flat, 29, Crossfield Road, London, Greater London N17 6AY2
£517.5K04/210.24 mi78, Carlingford Road, London, Greater London N15 3EH2
£353K10/220.24 mi131, Carlingford Road, London, Greater London N15 3ES2
£455K05/210.25 miFirst Floor Flat, 3, Crescent Road, London, Greater London N15 3LJ2
£425K04/230.25 mi125b, Langham Road, London, Greater London N15 3LR2
£415.5K07/230.32 mi60, Stanmore Road, London, Greater London N15 3PS2
£260K11/210.33 mi179, Gladstone Avenue, Wood Green, London, Greater London N22 6LB2
£425K05/230.34 miGround Floor Flat, 195, Westbury Avenue, London, Greater London N22 6RX2
£410K06/210.34 mi47c, Belmont Road, London, Greater London N15 3LU2
£470K06/210.35 mi25, Boreham Road, London, Greater London N22 6SL2
£380K11/210.35 mi23d, Belmont Road, London, Greater London N15 3LS2
£330K02/210.37 mi166b, Carlingford Road, London, Greater London N15 3EU2
£385K04/230.37 mi10, Belmont Road, London, Greater London N15 3LT2
£439.9K12/200.37 mi1, Bury Road, London, Greater London N22 6HX2
£380K11/200.4 mi24, St Margarets Avenue, London, Greater London N15 3DH2
£390K09/210.41 mi9a, Linden Road, London, Greater London N15 3QB2
£480K01/230.45 mi45a, Langham Road, London, Greater London N15 3QX2
£442K08/240.47 mi541, Lordship Lane, London, Greater London N22 5DN2
£445K01/210.47 miFlat B, 87, Hampden Road, Hornsey, London, Greater London N8 0HU2
£445K02/230.47 mi9b, Stanley Road, London, Greater London N15 3HB2
£375K06/210.48 mi60, Granville Road, Wood Green, London, Greater London N22 5LY2
£550K05/230.49 mi54, Sydney Road, London, Greater London N8 0EX2
£426K10/230.49 mi91, Granville Road, Wood Green, London, Greater London N22 5LR2
£390K02/210.5 mi45, Granville Road, Wood Green, London, Greater London N22 5LP2
£466.8K11/200.51 miFlat A, 95, Falkland Road, London, Greater London N8 0NS2
£530K07/230.51 miFlat A, 79, Falkland Road, London, Greater London N8 0NS2
£390K10/200.51 mi9, Granville Road, Wood Green, London, Greater London N22 5LP2
£420K05/210.52 mi33, Keston Road, London, Greater London N17 6PJ2
£305K05/210.52 miFlat 15, Rayleigh Court, New Road, Wood Green, London, Greater London N22 5EU2
£500K02/210.52 mi86, Falkland Road, London, Greater London N8 0NP2
£450K01/210.54 mi14a, Park Ridings, London, Greater London N8 0LD2

Local Rents

50 rents from £1.6K/mo to £3.3K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£2,20004/250 mi-2
£2,20006/240.04 mi-2
£2,00005/240.05 mi-2
£1,80007/240.05 miSirdar road, N222
£1,80007/240.05 miSirdar road, N222
£2,20004/250.08 mi-2
£1,92507/240.08 miApartment B, Sirdar Road, London, N222
£1,80012/240.09 mi-2
£1,65005/240.1 miMannock Road, London, N222
£2,00005/240.1 mi-2
£2,25002/240.11 mi-2
£1,75002/250.12 mi-2
£1,85005/240.12 miLakefield Road, Turnpike Lane, London2
£1,85005/240.13 miLakefield Road, Wood Green, London N222
£1,85007/240.15 miFirst Floor, London, N222
£1,85012/240.15 mi-2
£1,90001/250.16 mi-2
£1,85001/250.16 mi-2
£1,80002/250.16 mi-2
£1,80002/250.16 mi-2
£1,85006/240.17 miWillingdon Road, London, N222
£1,90012/240.18 mi-2
£1,75007/240.18 miFirst Floor Flat, Sirdar Road, Turnpike Lane, N222
£1,60005/240.18 miSirdar Road, First Floor Flat, Turnpike Lane, N22 6QS2
£1,60005/240.19 miFrome Road, Turnpike Lane, London, N222
£1,75003/250.19 mi-2
£2,00006/240.22 miLangham Road, Langham Road, London, Greater London, N15 3ND2
£1,85007/240.23 miFirst Floor Flat, 49 Meads Road, Wood Green, London2
£1,70006/240.24 miCrawley Road, London, N222
£2,10012/240.24 mi-2
£1,79504/250.24 mi-2
£1,80003/250.25 mi-2
£1,65003/250.25 mi-2
£2,10012/240.25 mi-2
£1,85006/240.25 miWestbury Avenue, Turnpike Lane, N222
£1,70012/240.25 mi-2
£1,80012/240.25 mi-2
£1,75112/240.26 miBelmont Road, London, N172
£1,95007/240.27 miYork House, Whymark Avenue, Wood Green, London, N222
£2,20006/240.28 mi-2
£1,95006/240.28 mi-2
£3,29003/250.28 mi-2
£1,85005/240.31 miSidi Court, Milton Road, Turnpike Lane2
£2,35005/240.32 miBury Road, London2
£1,70005/240.32 mi-2
£1,90012/240.33 mi-2
£1,80002/250.33 mi-2
£2,30005/240.33 miIcon Heights, Wood Green, London, N222
£2,30005/240.33 miIcon Heights, Wood Green, London, N222
£2,22506/240.33 miIcon Heights, Wood Green, London, N222

Local Area Statistics

Population in N22

42,996

Population in London

4,771,921

Town centre distance

4.47 miles away

Nearest school

0.10 miles away

Nearest train station

0.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Balanced market

Capital growth (5yrs)

+9%

Property History

Listed for £450,000

September 19, 2024

Sold for £435,000

2021

Sold for £395,000

2016

Floor Plans

Description

A very attractive, light and bright, two bedroom, first floor, period conversion flat. The property also benefits from an immaculate kitchen with room to dine, a charming reception room and stunning bathroom.

Situation

The property is in an excellent location close to Belmont Recreation Ground, Belmont Junior School and Green Lanes, Westbury Avenue and Wood Green with their eclectic mix of shops, restaurants and cafes. Turnpike Lane Station for links into and out of central London is also close by.

Agent Details

Hamptons, Crouch End

020 3872 4808

Next Steps?

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