2 Bed Terraced House, Single Let, London, N18 1DU, £350,000

Amersham Avenue, London, N18 1DU - 2 views - 7 months ago

Sold STC

BTL

ROI: 2%

~70 m²

+7 photos

ValuationUndervalued

Sold Prices	£322K - £528.8K
Sold Prices/m²	£3.7K/m² - £8.7K/m²

Square Metres	~70.42 m²
Price/m²	£5K/m²
Value Estimate	£398,036£398,036
BMV	14%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£87,500£87,500
Stamp Duty & Legal Fees	£16,700£16,700
Total Cash In	£104,200£104,200

Cash Out
Rent Range	£1,500 - £2,500£1,500 - £2,500
Rent Estimate	£1,593
Running Costs/mo	£1,432£1,432
Cashflow/mo	£161£161
Cashflow/yr	£1,928£1,928
ROI	2%2%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £322K to £528.8K, average is £396.3K. £3.7K/m² to £8.7K/m², average is £5.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£397.5K	09/22	0.08 mi	74, Wilbury Way, London, Greater London N18 1BY	£6,625	60	2	Semi-Detached House
£400K	03/23	0.08 mi	62, Wilbury Way, London, Greater London N18 1BZ	-	-	2	Terraced House
£330K	01/21	0.08 mi	9, Hardinge Road, London, Greater London N18 1DP	-	-	2	Terraced House
£400K	01/23	0.08 mi	18, Hardinge Road, London, Greater London N18 1DP	-	-	2	Terraced House
£410K	02/21	0.08 mi	68, Weir Hall Avenue, London, Greater London N18 1EE	£4,767	86	2	Terraced House
£395K	06/21	0.14 mi	11, Giffard Road, London, Greater London N18 1DR	£5,643	70	2	Semi-Detached House
£395K	06/21	0.14 mi	11, Giffard Road, London, Greater London N18 1DR	£5,643	70	2	Semi-Detached House
£365K	03/21	0.39 mi	71, Hawthorn Road, London, Greater London N18 1EY	£3,724	98	2	Terraced House
£365K	03/21	0.39 mi	71, Hawthorn Road, London, Greater London N18 1EY	£3,724	98	2	Terraced House
£440K	08/23	0.41 mi	74, Somerset Road, London, Greater London N18 1HG	£5,867	75	2	Terraced House
£400K	02/23	0.44 mi	13, Pretoria Road North, London, Greater London N18 1EU	£5,000	80	2	Terraced House
£392K	06/21	0.47 mi	55, Lopen Road, London, Greater London N18 1PN	-	-	2	Terraced House
£395K	09/21	0.48 mi	18, Hewish Road, London, Greater London N18 1PS	£4,877	81	2	Terraced House
£400K	12/22	0.49 mi	17, Pretoria Road, London, Greater London N17 8DX	-	-	2	Terraced House
£360K	05/21	0.49 mi	37, Haselbury Road, London, Greater London N18 1PZ	-	-	2	Terraced House
£475K	11/22	0.49 mi	19, Warwick Road, Edmonton, London, Greater London N18 1RR	£5,864	81	2	Terraced House
£348K	10/20	0.5 mi	19, Sheldon Road, London, Greater London N18 1RQ	£3,867	90	2	Terraced House
£362K	06/21	0.5 mi	5, Sheldon Road, London, Greater London N18 1RQ	-	-	2	Terraced House
£435K	09/23	0.51 mi	16, Lancaster Road, Edmonton, London, Greater London N18 1HP	£5,381	81	2	Terraced House
£415.5K	08/23	0.51 mi	23, Lancaster Road, Edmonton, London, Greater London N18 1HP	-	-	2	Terraced House
£385K	11/21	0.53 mi	23, Haselbury Road, London, Greater London N18 1PZ	£5,133	75	2	Terraced House
£376K	06/21	0.55 mi	13, Henley Road, London, Greater London N18 1NU	-	-	2	Terraced House
£460K	12/22	0.55 mi	10, Carrick Gardens, London, Greater London N17 7AX	£8,679	53	2	Terraced House
£460K	04/23	0.58 mi	5, Denton Road, London, Greater London N18 1RU	£6,053	76	2	Terraced House
£388K	09/21	0.59 mi	117, Bulwer Road, London, Greater London N18 1QH	-	-	2	Terraced House
£395K	10/21	0.59 mi	34, Fryatt Road, London, Greater London N17 7BN	-	-	2	Terraced House
£382K	11/20	0.6 mi	37, Huxley Road, London, Greater London N18 1NW	£5,162	74	2	Terraced House
£350K	10/20	0.61 mi	16, Huxley Road, London, Greater London N18 1NN	£4,605	76	2	Terraced House
£397.5K	04/21	0.63 mi	98, Bulwer Road, London, Greater London N18 1QQ	£5,679	70	2	Terraced House
£390K	06/21	0.63 mi	109, Cheddington Road, London, Greater London N18 1LU	-	-	2	Terraced House
£455K	02/23	0.65 mi	88, Cheddington Road, London, Greater London N18 1LR	-	-	2	Terraced House
£528.8K	10/22	0.67 mi	66, Courtman Road, London, Greater London N17 7HU	-	-	2	Semi-Detached House
£322K	01/21	0.69 mi	34, Ingleton Road, London, Greater London N18 2RU	£5,194	62	2	Terraced House
£387K	03/23	0.69 mi	36, Ingleton Road, London, Greater London N18 2RU	£5,230	74	2	Terraced House
£392K	04/23	0.69 mi	10, Ingleton Road, London, Greater London N18 2RU	-	-	2	Terraced House
£375K	02/21	0.72 mi	5, Middleham Gardens, London, Greater London N18 2SE	£4,870	77	2	Terraced House
£385K	03/21	0.74 mi	36, Awlfield Avenue, London, Greater London N17 7DB	£5,662	68	2	Terraced House
£465K	03/23	0.74 mi	36, Awlfield Avenue, London, Greater London N17 7DB	£6,838	68	2	Terraced House
£478K	06/21	0.75 mi	27, Morteyne Road, London, Greater London N17 7DD	£6,639	72	2	Terraced House
£385K	02/23	0.79 mi	139, Raynham Avenue, London, Greater London N18 2BT	£5,833	66	2	Terraced House
£429.9K	12/20	0.79 mi	24, Gospatrick Road, London, Greater London N17 7EG	£5,733	75	2	Terraced House
£375K	03/21	0.79 mi	14, Thetford Close, London, Greater London N13 6AT	£4,934	76	2	Terraced House
£407K	07/23	0.8 mi	25, Middlesborough Road, London, Greater London N18 2AR	-	-	2	Terraced House
£420K	03/21	0.8 mi	22, Balliol Road, London, Greater London N17 7NY	£7,119	59	2	Terraced House
£415K	11/20	0.81 mi	20, Cumberton Road, London, Greater London N17 7PA	£8,469	49	2	Terraced House
£520K	06/21	0.82 mi	11, Bruce Castle Road, London, Greater London N17 8NL	£6,677	78	2	Terraced House
£400K	11/20	0.82 mi	8, Cumberton Road, London, Greater London N17 7PA	£7,407	54	2	Terraced House
£435K	03/23	0.82 mi	5, Awlfield Avenue, London, Greater London N17 7PD	£5,405	80	2	Terraced House
£482K	06/23	0.83 mi	148, Tottenhall Road, London, Greater London N13 6DL	£7,303	66	2	Terraced House
£370K	10/23	0.85 mi	42, Pycroft Way, London, Greater London N9 9XY	-	-	2	Terraced House

Local Rents

35 rents from £1.5K/mo to £2.5K/mo, average is £1.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,800	07/24	0.16 mi	-	2	Flat
£2,050	05/24	0.17 mi	-	2	Flat
£2,500	02/25	0.17 mi	-	2	Flat
£1,700	05/24	0.26 mi	-	2	Flat
£1,700	05/24	0.26 mi	-	2	Flat
£1,700	05/24	0.27 mi	Empire House, N18, Edmonton, London, N18	2	Flat
£1,800	06/24	0.27 mi	Empire House, N18, Edmonton, London, N18	2	Flat
£2,000	06/24	0.34 mi	-	2	Flat
£1,800	05/24	0.35 mi	2 Bedroom Flat – Academia Way, White Hart Lane N17	2	Flat
£1,600	04/25	0.36 mi	-	2	Flat
£1,800	03/25	0.36 mi	-	2	Flat
£1,500	05/24	0.39 mi	Huxley Parade, Great Cambridge Road, N18	2	Flat
£1,800	04/25	0.39 mi	-	2	Terraced House
£1,800	02/25	0.39 mi	-	2	Flat
£1,750	01/25	0.4 mi	-	2	Flat
£1,800	05/24	0.41 mi	-	2	Flat
£1,600	06/24	0.42 mi	Somerset Hall, Creighton Road, Tottenham N17	2	Flat
£1,700	12/24	0.42 mi	-	2	Flat
£1,900	04/25	0.42 mi	-	2	Flat
£1,975	03/25	0.42 mi	-	2	Flat
£2,500	06/24	0.42 mi	Creighton Road, N17	2	Flat
£1,750	03/25	0.42 mi	-	2	Flat
£1,600	12/24	0.43 mi	-	2	Flat
£1,600	01/25	0.44 mi	-	2	Flat
£1,700	01/25	0.44 mi	-	2	Flat
£1,600	04/25	0.45 mi	-	2	Flat
£2,050	12/24	0.46 mi	-	2	Flat
£1,900	04/25	0.46 mi	-	2	Flat
£2,200	03/25	0.46 mi	-	2	Flat
£1,900	01/25	0.46 mi	-	2	Flat
£1,850	05/24	0.48 mi	-	2	Terraced House
£1,950	06/24	0.51 mi	Lancaster Road, Edmonton	2	Terraced House
£1,700	05/24	0.52 mi	Lopen Road, London, N18	2	Flat
£1,590	05/24	0.54 mi	Warwick Road, Edmonton, N18	2	Flat
£1,750	04/25	0.6 mi	-	2	Flat

Local Area Statistics

Population in N18	31,59831,598
Population in London	4,771,9214,771,921
Town centre distance	5.82 miles away5.82 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.41 miles away0.41 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+19%+19%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+10%+10%

Property History

Listed for £350,000

September 24, 2024

Floor Plans

Description

Step into the perfect opportunity to create your dream home with this two-bedroom end-of-terrace house, waiting for a touch of modernization. Offered with no chain, this property features a charming garden to the rear, providing a peaceful outdoor retreat. A lean-to at the back adds potential for expansion or a cozy outdoor space.

The ground floor hosts a convenient bathroom, a spacious lounge area for relaxation, and a functional kitchen awaiting your personal design choices. Upstairs, you'll find two well-proportioned bedrooms offering comfortable living spaces.

Situated close to local schools, this property is ideal for families seeking convenience. Commuters will appreciate the easy access to the A10, linking to the A406, M25, and M11, ensuring smooth travel to various destinations.

Don't miss out on this exciting opportunity to transform this house into your ideal home. Offered with no chain, seize the chance to make this property your own and unlock its full potential.

Agent Details

Bairstow Eves, Edmonton

020 3871 0501

Next Steps?

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

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