2 Bed Flat, Single Let, London, N22 6RS, £500,000

Westbury Avenue, London, N22 6RS - 2 views - 7 months ago

Sold STC

BTL

~68 m²

+12 photos

ValuationOvervalued

Sold Prices	£260K - £517.5K
Sold Prices/m²	£4.1K/m² - £8.8K/m²

Square Metres	~68.11 m²
Price/m²	£7.3K/m²
Value Estimate	£428,029£428,029

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£125,000£125,000
Stamp Duty & Legal Fees	£28,700£28,700
Total Cash In	£153,700£153,700

Cash Out
Rent Range	£1,600 - £3,290£1,600 - £3,290
Rent Estimate	£1,600
Running Costs/mo	£1,903£1,903
Cashflow/mo	£-302£-302
Cashflow/yr	£-3,630£-3,630
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £260K to £517.5K, average is £416.3K. £4.1K/m² to £8.8K/m², average is £6.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£465K	12/20	0.03 mi	45, Sirdar Road, London, Greater London N22 6QS	£7,500	62	2	Flat
£473K	06/21	0.05 mi	138, Sirdar Road, London, Greater London N22 6RD	-	-	2	Flat
£495K	06/21	0.06 mi	74, Willingdon Road, London, Greater London N22 6SD	£5,690	87	2	Flat
£470K	04/21	0.06 mi	76, Willingdon Road, London, Greater London N22 6SD	-	-	2	Flat
£319K	05/21	0.06 mi	134, Westbury Avenue, London, Greater London N22 6RT	-	-	2	Flat
£490K	01/21	0.06 mi	148, Sirdar Road, London, Greater London N22 6RD	£8,033	61	2	Flat
£468.5K	02/21	0.06 mi	82, Sirdar Road, London, Greater London N22 6RD	£7,320	64	2	Flat
£475K	11/21	0.06 mi	64, Sirdar Road, London, Greater London N22 6RD	£7,540	63	2	Flat
£495K	05/21	0.12 mi	135, Westbury Avenue, London, Greater London N22 6RY	£5,440	91	2	Flat
£514K	11/20	0.12 mi	127, Westbury Avenue, London, Greater London N22 6RY	£6,047	85	2	Flat
£445K	06/24	0.12 mi	109a, Westbury Avenue, London, Greater London N22 6RY	£7,177	62	2	Flat
£358K	04/21	0.13 mi	138a, Boundary Road, London, Greater London N22 6AE	-	-	2	Flat
£350K	11/20	0.17 mi	48, Cobham Road, London, Greater London N22 6RP	£5,710	61	2	Flat
£470K	12/20	0.17 mi	10a, Willingdon Road, London, Greater London N22 6SB	-	-	2	Flat
£390K	04/23	0.17 mi	6b, Willingdon Road, London, Greater London N22 6SB	-	-	2	Flat
£425K	05/23	0.24 mi	Ground Floor Flat, 195, Westbury Avenue, London, Greater London N22 6RX	£7,456	57	2	Flat
£260K	11/21	0.24 mi	179, Gladstone Avenue, Wood Green, London, Greater London N22 6LB	-	-	2	Flat
£470K	06/21	0.25 mi	25, Boreham Road, London, Greater London N22 6SL	-	-	2	Flat
£405K	04/23	0.28 mi	200a, Langham Road, London, Greater London N15 3NB	-	-	2	Flat
£405K	03/21	0.29 mi	First Floor Flat, 137, Langham Road, London, Greater London N15 3LP	-	-	2	Flat
£417K	01/23	0.32 mi	43, Belmont Avenue, London, Greater London N17 6AX	-	-	2	Flat
£430K	10/20	0.32 mi	65a, Belmont Avenue, London, Greater London N17 6AX	-	-	2	Flat
£350K	03/21	0.32 mi	Ground Floor Flat, 29, Crossfield Road, London, Greater London N17 6AY	£6,731	52	2	Flat
£455K	05/21	0.33 mi	First Floor Flat, 3, Crescent Road, London, Greater London N15 3LJ	-	-	2	Flat
£517.5K	04/21	0.34 mi	78, Carlingford Road, London, Greater London N15 3EH	-	-	2	Flat
£353K	10/22	0.35 mi	131, Carlingford Road, London, Greater London N15 3ES	-	-	2	Flat
£425K	04/23	0.36 mi	125b, Langham Road, London, Greater London N15 3LR	-	-	2	Flat
£320K	10/20	0.36 mi	105, Langham Road, London, Greater London N15 3LR	£5,333	60	2	Flat
£442K	08/24	0.37 mi	541, Lordship Lane, London, Greater London N22 5DN	£8,840	50	2	Flat
£439.9K	12/20	0.37 mi	1, Bury Road, London, Greater London N22 6HX	£6,284	70	2	Flat
£375K	06/21	0.38 mi	60, Granville Road, Wood Green, London, Greater London N22 5LY	£6,148	61	2	Flat
£426K	10/23	0.38 mi	91, Granville Road, Wood Green, London, Greater London N22 5LR	£8,285	51	2	Flat
£390K	02/21	0.39 mi	45, Granville Road, Wood Green, London, Greater London N22 5LP	-	-	2	Flat
£390K	10/20	0.41 mi	9, Granville Road, Wood Green, London, Greater London N22 5LP	£5,652	69	2	Flat
£305K	05/21	0.41 mi	Flat 15, Rayleigh Court, New Road, Wood Green, London, Greater London N22 5EU	-	-	2	Flat
£415.5K	07/23	0.42 mi	60, Stanmore Road, London, Greater London N15 3PS	-	-	2	Flat
£410K	06/21	0.44 mi	47c, Belmont Road, London, Greater London N15 3LU	-	-	2	Flat
£380K	11/21	0.46 mi	23d, Belmont Road, London, Greater London N15 3LS	-	-	2	Flat
£330K	02/21	0.47 mi	166b, Carlingford Road, London, Greater London N15 3EU	-	-	2	Flat
£385K	04/23	0.48 mi	10, Belmont Road, London, Greater London N15 3LT	-	-	2	Flat
£318K	08/21	0.49 mi	3, Topham Square, London, Greater London N17 7HL	£5,129	62	2	Flat
£335K	06/21	0.49 mi	13, Topham Square, London, Greater London N17 7HL	£4,085	82	2	Flat
£340K	07/21	0.5 mi	78, The Roundway, London, Greater London N17 7HH	£6,071	56	2	Flat
£380K	11/20	0.51 mi	24, St Margarets Avenue, London, Greater London N15 3DH	£8,085	47	2	Flat
£390K	09/21	0.51 mi	9a, Linden Road, London, Greater London N15 3QB	£5,571	70	2	Flat
£385K	10/21	0.53 mi	698, Lordship Lane, London, Greater London N22 5JN	-	-	2	Flat
£487K	01/21	0.53 mi	694, Lordship Lane, London, Greater London N22 5JN	£6,325	77	2	Flat
£480K	01/23	0.55 mi	45a, Langham Road, London, Greater London N15 3QX	£8,276	58	2	Flat
£445K	01/21	0.55 mi	Flat B, 87, Hampden Road, Hornsey, London, Greater London N8 0HU	£4,890	91	2	Flat
£450K	01/21	0.56 mi	14a, Park Ridings, London, Greater London N8 0LD	-	-	2	Flat

Local Rents

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

Rent	Date	Distance	Address	Beds	Type
£2,000	05/24	0.01 mi	-	2	Flat
£1,750	02/25	0.01 mi	-	2	Flat
£2,200	04/25	0.05 mi	-	2	Flat
£2,000	05/24	0.06 mi	-	2	House
£1,800	07/24	0.06 mi	Sirdar road, N22	2	Flat
£1,800	07/24	0.06 mi	Sirdar road, N22	2	Flat
£2,200	06/24	0.07 mi	-	2	Flat
£1,850	07/24	0.07 mi	First Floor, London, N22	2	Flat
£1,850	12/24	0.07 mi	-	2	Flat
£1,600	05/24	0.1 mi	Sirdar Road, First Floor Flat, Turnpike Lane, N22 6QS	2	Flat
£1,750	07/24	0.1 mi	First Floor Flat, Sirdar Road, Turnpike Lane, N22	2	Flat
£2,200	04/25	0.11 mi	-	2	Flat
£1,850	05/24	0.11 mi	Lakefield Road, Wood Green, London N22	2	Flat
£1,900	12/24	0.11 mi	-	2	Flat
£1,850	05/24	0.11 mi	Lakefield Road, Turnpike Lane, London	2	Flat
£1,925	07/24	0.15 mi	Apartment B, Sirdar Road, London, N22	2	Flat
£1,800	03/25	0.16 mi	-	2	Flat
£1,850	06/24	0.17 mi	Willingdon Road, London, N22	2	Flat
£3,290	03/25	0.18 mi	-	2	Semi-Detached House
£1,650	05/24	0.19 mi	Mannock Road, London, N22	2	Flat
£1,800	12/24	0.2 mi	-	2	Flat
£1,700	06/24	0.2 mi	Crawley Road, London, N22	2	Flat
£1,850	07/24	0.22 mi	First Floor Flat, 49 Meads Road, Wood Green, London	2	Flat
£2,250	02/24	0.22 mi	-	2	House
£1,700	05/24	0.24 mi	Westbury Avenue, Wood Green	2	Flat
£1,750	03/25	0.24 mi	-	2	Flat
£2,200	06/24	0.25 mi	-	2	Flat
£1,950	06/24	0.25 mi	-	2	Flat
£1,600	05/24	0.26 mi	Frome Road, Turnpike Lane, London, N22	2	Flat
£1,700	05/24	0.26 mi	-	2	House
£1,900	01/25	0.26 mi	-	2	Flat
£1,850	01/25	0.26 mi	-	2	Flat
£1,800	02/25	0.26 mi	-	2	Flat
£1,800	02/25	0.26 mi	-	2	Flat
£1,995	07/24	0.27 mi	Darwin Road, London	2	House
£1,650	03/25	0.27 mi	-	2	Terraced House
£2,200	01/25	0.28 mi	-	2	Semi-Detached House
£2,250	04/25	0.28 mi	-	2	Flat
£2,000	05/24	0.28 mi	Farrant Avenue, London, N22	2	Terraced House
£2,000	06/24	0.29 mi	-	2	Terraced House
£2,100	03/25	0.3 mi	-	2	Terraced House
£2,100	03/25	0.3 mi	-	2	Terraced House
£2,000	06/24	0.3 mi	Langham Road, Langham Road, London, Greater London, N15 3ND	2	Flat
£1,950	02/25	0.3 mi	-	2	Flat
£1,950	02/25	0.3 mi	-	2	Flat
£1,950	02/25	0.3 mi	-	2	Flat
£1,850	06/24	0.31 mi	-	2	Flat
£1,850	06/24	0.31 mi	Westbury Avenue, Turnpike Lane, N22	2	Flat
£2,100	12/24	0.32 mi	-	2	Flat
£1,950	07/24	0.32 mi	York House, Whymark Avenue, Wood Green, London, N22	2	Flat

Local Area Statistics

Population in N22	42,99642,996
Population in London	4,771,9214,771,921
Town centre distance	4.58 miles away4.58 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.37 miles away0.37 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-2%-2%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+9%+9%

Property History

Listed for £500,000

September 24, 2024

Floor Plans

Description

Ground floor garden flat +
Two double bedrooms +
South facing rear garden +
Stunning condition +
Extended +
Modern open plan kitchen +
Share of Freehold +
Fitted wardrobes +
Integrated kitchen applicances +
Bi-fold doors leading to the garden +

A Guide Price of £500,000 - £525,000 A desirable two bedroom ground floor extended apartment, located on a popular residential road, close to Turnpike Lane. This eye-catching Victorian conversion, occupies 813 Sq Ft (approx) of living space, perfect for a professional couple. Benefits include an impressive bay fronted main bedroom to front of the property and a generous size second double bedroom, set just behind with built in wardrobes. The kitchen and living space is perfect for entertaining guests, flooded with natural light from the bi-folding rear door that lead to a picturesque south-facing garden, perfect to enjoy a glass of wine in the summer months. The contemporary bathroom has been carefully planned with lots of storage and underfloor heating. Westbury Avenue is ideally situated for the vibrant Wood Green shopping area with all its bars and restaurants and with easy access to Turnpike Lane and Wood Green Underground Station and multiple bus routes. The iconic Westbury Gastro Pub and Restaurant (Westbury Avenue) as well as the green open spaces of both Lordship Recreation grounds and Downhill's Park are all close by.

Share of Freehold