2 Bed Flat, Single Let, London, N3 3SL £474,000

Hendon Lane, London, N3 3SL - 9 views - a year ago
Sold STC
Leasehold
BTL
~68 m²
Property image
Property image
Property image

ValuationFair Value

Sold Prices£197.3K - £653K
Sold Prices/m²£2.9K/m² - £8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£7K/m²

Value Estimate

£474,799

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£118,500

Stamp Duty & Legal Fees

£26,620

Total Cash In

£145,120

 

 

Cash Out

 

Rent Range

£1,750 - £2,850

Rent Estimate

£1,750

Running Costs/mo

£1,851

Cashflow/mo

£-101

Cashflow/yr

£-1,215

Gross Yield

4%

Local Sold Prices

50 sold prices from £197.3K to £653K, average is £460K. £2.9K/m² to £8K/m², average is £6.1K/m².

Price
Date
Distance
Address
Beds
 
£410K06/210.02 miFlat 7, Paul Court, Windsor Road, London, Greater London N3 3SP2
£490K11/210.04 miFlat 6, Greenacres, Hendon Lane, London, Greater London N3 3SF2
£470K06/210.05 miFlat 70, Greenacres, Hendon Lane, London, Greater London N3 3SF2
£485K01/250.11 miCrown Lodge, Flat 6, Salisbury Avenue, Finchley, London N3 3AF2
£477.5K03/230.12 miFlat 10, Arundel Lodge, Salisbury Avenue, London, Greater London N3 3AL2
£480K10/240.18 mi58 Charlton Court, Flat 4, Broughton Avenue, Church End, London N3 3EQ2
£400K02/230.18 mi26, Arden Road, London, Greater London N3 3AN2
£217.5K03/250.18 miFlat 8, Acacia Lodge, Hendon Lane, Finchley, London N3 1SU2
£450K04/250.19 miFlat 13, 66 Beach Lodge, Hendon Lane, Finchley, London N3 1JQ2
£450K04/250.19 miFlat 13, 66 Beach Lodge, Hendon Lane, Finchley, London N3 1JQ2
£450K04/250.19 miFlat 13, 66 Beach Lodge, Hendon Lane, Finchley, London N3 1JQ2
£262K06/210.26 miFlat 2, Bibsworth Lodge, Bibsworth Road, London, Greater London N3 3RN2
£575K10/220.3 miFlat 65, Mayflower Lodge, Regents Park Road, London, Greater London N3 3HX2
£449.9K10/240.3 mi32, Freeland Park, Hendon, London NW4 1LP2
£607.5K02/250.31 miMayflower Lodge, Flat 61, Regents Park Road, Finchley, London N3 3HX2
£560K01/250.32 mi124 Mayflower Lodge, Flat 37, Regents Park Road, Finchley, London N3 3HU2
£505K08/230.34 miFlat 1, Georgian Court, Dollis Avenue, London, Greater London N3 1TY2
£525K06/250.34 miFlat 6, 93 Beaulieu House, Holders Hill Road, Church End, London NW4 1JY2
£525K06/250.34 miFlat 6, 93 Beaulieu House, Holders Hill Road, Church End, London NW4 1JY2
£535K11/240.34 mi269 Regency House, Flat 33, Regents Park Road, Finchley, London N3 3JZ2
£500K02/250.34 mi269 Regency House, Flat 12, Regents Park Road, Finchley, London N3 3JZ2
£415K09/210.34 miFlat 24, Derby Lodge, East End Road, London, Greater London N3 3QG2
£355K02/230.34 miFlat 14, Derby Lodge, East End Road, London, Greater London N3 3QG2
£440K03/250.35 mi8, Rydal Close, Hendon, London NW4 1LE2
£555K06/210.36 miFlat 17, Chessington Lodge, Regents Park Road, London, Greater London N3 3AA2
£567.5K11/220.36 miFlat 26, Chessington Lodge, Regents Park Road, London, Greater London N3 3AA2
£348K01/250.36 miGrove House, Flat 12a, Waverley Grove, Finchley, London N3 3PU2
£390K05/230.36 miFlat 4, Timberdene, Holders Hill Road, London, Greater London NW4 1LA2
£430K09/230.38 miFlat 13, Ellerton Lodge, East End Road, London, Greater London N3 3QH2
£385K06/230.38 miFlat 24, Ellerton Lodge, East End Road, London, Greater London N3 3QH2
£360K06/210.39 miFlat 12, Fernside Court, Holders Hill Road, London, Greater London NW4 1JT2
£450K06/250.39 miFlat 17, Foreland Court, Holders Hill Road, Church End, London NW4 1LG2
£450K06/250.39 miFlat 17, Foreland Court, Holders Hill Road, Church End, London NW4 1LG2
£525K09/240.39 miFernside Court, Flat 17, Holders Hill Road, Church End, London NW4 1JT2
£550K01/250.42 mi60, Spencer Close, Finchley, London N3 3TY2
£290K05/210.47 miFlat 1, Westchester Court, Westchester Drive, London, Greater London NW4 1RB2
£402.5K03/230.47 miFlat 21, Westchester Court, Westchester Drive, London, Greater London NW4 1RB2
£653K06/210.48 mi157, Holders Hill Road, London, Greater London NW7 1ND2
£350K11/240.5 miTejas Court, Flat 5, Southbourne Crescent, Hendon, London NW4 2JX2
£584K10/240.51 mi322, Flat 3, Regents Park Road, Finchley, London N3 2FH2
£345K10/230.53 miFlat 26, Claydon House, Holders Hill Road, London, Greater London NW4 1LS2
£500K06/210.55 mi57, Dollis Park, London, Greater London N3 1HJ2
£595K06/250.55 miFlat 2, 97 Sundial House, Finchley Lane, Hendon, London NW4 1BW2
£595K06/250.55 miFlat 2, 97 Sundial House, Finchley Lane, Hendon, London NW4 1BW2
£500K06/210.55 mi7, Boyne Avenue, London, Greater London NW4 2JL2
£395K12/240.56 miLichfield Court, Flat 3, Lichfield Grove, Finchley, London N3 2JQ2
£197.3K03/250.57 mi16, Hendon Hall Court, Parson Street, Hendon, London NW4 1QY2
£197.3K03/250.57 mi16, Hendon Hall Court, Parson Street, Hendon, London NW4 1QY2
£557.5K02/250.59 mi205 Thyme Court, Flat 11, Holders Hill Road, Church End, London NW7 1NJ2
£516K07/250.59 miGround Floor Flat, 68, Lichfield Grove, Finchley, London N3 2JP2

Local Rents

49 rents from £1.8K/mo to £2.9K/mo, average is £2.1K/mo.

Rent
Date
Distance
Address
Beds
 
£1,99510/250 mi-2
£1,99510/250 miHendon Lane, London2
£2,40008/240.02 miHendon Lane, Finchley, London, N32
£2,10011/250.04 miHendon Lane, Finchley, London, N32
£2,39507/250.04 miGreenacres, Hendon Way, Finchley2
£2,35007/250.04 miGreenacres, Hendon Way, Finchley2
£2,10011/250.04 miHendon Lane2
£1,85010/240.04 mi-2
£2,00010/250.06 miHendon Lane, Finchley2
£2,55011/240.06 mi-2
£1,89808/250.07 miGreenlawns, Hendon Lane, London, N32
£2,35007/250.07 miGreenacres, Hendon Lane, N32
£2,65010/240.08 mi-2
£2,00006/240.09 miWindsor Road London N32
£1,75007/240.09 miWindsor Road London N32
£2,12510/250.1 mi-2
£1,90011/250.1 mi-2
£1,95011/250.1 mi-2
£2,10010/250.11 miArden Road, Finchley2
£1,95006/250.12 miSalisbury Avenue, Finchley Central, London, N32
£1,80006/240.12 miSalisbury Avenue, Finchley, N32
£1,95005/240.12 miThe Terrace, Hendon Lane, Finchley, N32
£2,85006/240.13 miHendon Lane, London, N32
£2,80010/250.13 miHendon Lane, London, N32
£2,10010/250.13 miShakespeare Road, London, N32
£2,40007/250.14 miTemple Close, Finchley, London, N32
£2,00010/250.14 miTemple Close, Finchley, London, N32
£2,60007/250.15 miHendon Lane, London, N32
£2,50010/250.15 miHendon Lane, London, N32
£2,20009/250.15 miTemple Close , London2
£2,20009/250.15 miTemple Close , London2
£2,00010/250.15 miTemple Close , London2
£2,75008/250.15 miPortland Court, Hendon Lane, London, N32
£2,00211/250.15 miTemple Close, Finchley, N32
£2,00008/240.15 mi-2
£2,00010/250.15 mi-2
£2,00008/240.15 miTemple Close, London, N32
£2,00010/250.15 miTemple Close, London, N32
£2,00011/250.16 miTemple Close, Finchley, London, N32
£2,25005/240.16 mi-2
£2,20009/240.16 mi-2
£2,25009/250.16 mi-2
£2,20007/240.16 miSt. Mary's Avenue, London, N32
£2,20008/240.16 miSt. Mary's Avenue, London, N32
£2,25009/250.16 miSt. Mary's Avenue, London, N32
£2,50007/250.17 miHendon Lane, Finchley Central, London, N32
£2,00011/250.17 miTemple Close, London, N32
£1,99808/250.17 miTemple Close, Finchley Central, N32
£2,00010/250.17 miLondon, N32

Local Area Statistics

Population in N3

26,584

Population in London

4,771,921

Town centre distance

6.33 miles away

Nearest school

0.30 miles away

Nearest train station

0.63 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-30%

Sales demand

Buyer's market

Capital growth (5yrs)

+3%

Property History

Listed for £474,000

September 23, 2024

Floor Plans

Property image

Description

  • Two Bedroom Apartment +
  • Large Private Rear Garden +
  • Huge Potentail +
  • Scope To Extend (STP) +
  • Short Walk to Finchley Central Station, Shops, Restaurants & Local Bus Routes +
  • 885 Sqft +
  • Leasehold - 125 Years +
  • No Upper Chain +

An exciting opportunity to acquire an unmodernised two double bedroom ground floor apartment situated moments from Finchley Central.

The property offers the onward purchaser the opportunity to acquire an unmodernised property with bags of potential. Currently demised as a two bedroom flat, with a large reception room, separate kitchen leading to the rear garden and a family bathroom. Neighbouring properties have extended to the rear and side to offer further floor space, creating large three bedroom apartments.

Hendon Lane is a desirable location, offering immediate access to Finchley Central Station, various shops, restaurants and bars. Residents benefit from various bus routes and the green spaces of Windsor open space, award winning gym and leisure facilities all within close proximity. The highly regard and Ofsted rated "Outstanding" Chalgrove Primary School is less than 10 minutes walk.

Offered with no upper chain and new Lease of 125 years. For further information and viewings, please contact our Sales Team.

Agent Details

Aspect Property, London

020 4572 1732

Next Steps?

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