2 Bed Flat, Single Let, London, N22 6RS, £425,000

Westbury Avenue, London, N22 6RS - 1 views - 7 months ago

Under Offer
Leasehold
BTL
~68 m²
+10 photos

ValuationFair Value

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

 

 

Square Metres

~68.11 m²
Price/m²£6.2K/m²

Value Estimate

£428,029

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Total Cash In

£128,950

 

 

Cash Out

 

Rent Range

£1,600 - £3,290

Rent Estimate

£1,600

Running Costs/mo

£1,668

Cashflow/mo

£-68

Cashflow/yr

£-817

Gross Yield

5%

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.

PriceDateDistanceAddressBeds 
£465K12/200.03 mi45, Sirdar Road, London, Greater London N22 6QS2
£495K06/210.05 mi74, Willingdon Road, London, Greater London N22 6SD2
£470K04/210.05 mi76, Willingdon Road, London, Greater London N22 6SD2
£473K06/210.06 mi138, Sirdar Road, London, Greater London N22 6RD2
£319K05/210.06 mi134, Westbury Avenue, London, Greater London N22 6RT2
£490K01/210.06 mi148, Sirdar Road, London, Greater London N22 6RD2
£468.5K02/210.06 mi82, Sirdar Road, London, Greater London N22 6RD2
£475K11/210.07 mi64, Sirdar Road, London, Greater London N22 6RD2
£495K05/210.12 mi135, Westbury Avenue, London, Greater London N22 6RY2
£514K11/200.12 mi127, Westbury Avenue, London, Greater London N22 6RY2
£445K06/240.12 mi109a, Westbury Avenue, London, Greater London N22 6RY2
£358K04/210.14 mi138a, Boundary Road, London, Greater London N22 6AE2
£350K11/200.16 mi48, Cobham Road, London, Greater London N22 6RP2
£470K12/200.16 mi10a, Willingdon Road, London, Greater London N22 6SB2
£390K04/230.16 mi6b, Willingdon Road, London, Greater London N22 6SB2
£260K11/210.24 mi179, Gladstone Avenue, Wood Green, London, Greater London N22 6LB2
£425K05/230.24 miGround Floor Flat, 195, Westbury Avenue, London, Greater London N22 6RX2
£470K06/210.25 mi25, Boreham Road, London, Greater London N22 6SL2
£405K04/230.28 mi200a, Langham Road, London, Greater London N15 3NB2
£405K03/210.29 miFirst Floor Flat, 137, Langham Road, London, Greater London N15 3LP2
£417K01/230.32 mi43, Belmont Avenue, London, Greater London N17 6AX2
£430K10/200.33 mi65a, Belmont Avenue, London, Greater London N17 6AX2
£350K03/210.33 miGround Floor Flat, 29, Crossfield Road, London, Greater London N17 6AY2
£455K05/210.33 miFirst Floor Flat, 3, Crescent Road, London, Greater London N15 3LJ2
£517.5K04/210.34 mi78, Carlingford Road, London, Greater London N15 3EH2
£353K10/220.35 mi131, Carlingford Road, London, Greater London N15 3ES2
£425K04/230.36 mi125b, Langham Road, London, Greater London N15 3LR2
£320K10/200.36 mi105, Langham Road, London, Greater London N15 3LR2
£442K08/240.36 mi541, Lordship Lane, London, Greater London N22 5DN2
£439.9K12/200.37 mi1, Bury Road, London, Greater London N22 6HX2
£375K06/210.38 mi60, Granville Road, Wood Green, London, Greater London N22 5LY2
£426K10/230.38 mi91, Granville Road, Wood Green, London, Greater London N22 5LR2
£390K02/210.39 mi45, Granville Road, Wood Green, London, Greater London N22 5LP2
£390K10/200.41 mi9, Granville Road, Wood Green, London, Greater London N22 5LP2
£305K05/210.41 miFlat 15, Rayleigh Court, New Road, Wood Green, London, Greater London N22 5EU2
£415.5K07/230.43 mi60, Stanmore Road, London, Greater London N15 3PS2
£410K06/210.44 mi47c, Belmont Road, London, Greater London N15 3LU2
£380K11/210.46 mi23d, Belmont Road, London, Greater London N15 3LS2
£330K02/210.48 mi166b, Carlingford Road, London, Greater London N15 3EU2
£385K04/230.48 mi10, Belmont Road, London, Greater London N15 3LT2
£318K08/210.49 mi3, Topham Square, London, Greater London N17 7HL2
£335K06/210.49 mi13, Topham Square, London, Greater London N17 7HL2
£340K07/210.5 mi78, The Roundway, London, Greater London N17 7HH2
£380K11/200.51 mi24, St Margarets Avenue, London, Greater London N15 3DH2
£390K09/210.51 mi9a, Linden Road, London, Greater London N15 3QB2
£385K10/210.53 mi698, Lordship Lane, London, Greater London N22 5JN2
£487K01/210.53 mi694, Lordship Lane, London, Greater London N22 5JN2
£480K01/230.55 mi45a, Langham Road, London, Greater London N15 3QX2
£445K01/210.55 miFlat B, 87, Hampden Road, Hornsey, London, Greater London N8 0HU2
£450K01/210.55 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 
£2,00005/240.01 mi-2
£1,75002/250.02 mi-2
£2,20004/250.05 mi-2
£2,00005/240.06 mi-2
£1,80007/240.06 miSirdar road, N222
£1,80007/240.06 miSirdar road, N222
£1,85007/240.07 miFirst Floor, London, N222
£1,85012/240.07 mi-2
£2,20006/240.07 mi-2
£1,85005/240.1 miLakefield Road, Wood Green, London N222
£1,60005/240.11 miSirdar Road, First Floor Flat, Turnpike Lane, N22 6QS2
£1,75007/240.11 miFirst Floor Flat, Sirdar Road, Turnpike Lane, N222
£1,85005/240.11 miLakefield Road, Turnpike Lane, London2
£2,20004/250.11 mi-2
£1,90012/240.11 mi-2
£1,92507/240.15 miApartment B, Sirdar Road, London, N222
£1,85006/240.16 miWillingdon Road, London, N222
£1,80003/250.17 mi-2
£3,29003/250.18 mi-2
£1,65005/240.19 miMannock Road, London, N222
£1,80012/240.2 mi-2
£1,70006/240.21 miCrawley Road, London, N222
£1,85007/240.21 miFirst Floor Flat, 49 Meads Road, Wood Green, London2
£2,25002/240.22 mi-2
£1,70005/240.24 miWestbury Avenue, Wood Green2
£2,20006/240.24 mi-2
£1,95006/240.24 mi-2
£1,75003/250.25 mi-2
£1,70005/240.25 mi-2
£1,60005/240.25 miFrome Road, Turnpike Lane, London, N222
£1,90001/250.26 mi-2
£1,85001/250.26 mi-2
£1,80002/250.26 mi-2
£1,80002/250.26 mi-2
£1,99507/240.27 miDarwin Road, London2
£1,65003/250.27 mi-2
£2,25004/250.28 mi-2
£2,20001/250.28 mi-2
£2,00005/240.28 miFarrant Avenue, London, N222
£2,00006/240.29 mi-2
£2,00006/240.3 miLangham Road, Langham Road, London, Greater London, N15 3ND2
£2,10003/250.3 mi-2
£2,10003/250.3 mi-2
£1,85006/240.31 miWestbury Avenue, Turnpike Lane, N222
£1,95002/250.31 mi-2
£1,95002/250.31 mi-2
£1,95002/250.31 mi-2
£1,85006/240.31 mi-2
£1,95007/240.32 miYork House, Whymark Avenue, Wood Green, London, N222
£2,10012/240.32 mi-2

Local Area Statistics

Population in N22

42,996

Population in London

4,771,921

Town centre distance

4.58 miles away

Nearest school

0.20 miles away

Nearest train station

0.36 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Balanced market

Capital growth (5yrs)

+9%

Property History

Listed for £425,000

September 29, 2024

Floor Plans

Description

  • Well Presented Two Bedroom First Floor Flat +
  • Popular Residential Location +
  • Modern Interiors And Neutral Finish +
  • Bright And Spacious Reception Room +
  • Separate Well Equipped Kitchen +
  • Close To Turnpike Lane And Wood Green Stations +
  • Bathroom With White Suite +
  • No Chain +
  • Easy Access Shops And Amenities +
    • BOOK YOUR VIEWING ONLINE! * +

The Property
Well presented first floor period conversion flat, ideally situated within easy reach of excellent transport links, shops and amenities. The property offers bright and spacious accommodation with modern interiors and neutral finish throughout - ideal for homeowner or investor alike. Features include an inviting front aspect reception room, separate well equipped kitchen, bathroom with white suite, gas central heating, double glazing and no onward chain.

Accommodation comprises entrance via the ground floor, with stairs rising to the first floor landing, leading into the bright and spacious reception room with ample space for relaxing, entertaining and dining. The separate kitchen comprises a modern range of matching wall and base units with work surfaces incorporating inset sink unit, gas hob with overhead extractor and electric oven below, and further space for appliances. There are two well sized double bedrooms, with attractive rear aspect bay to the principal bedroom, plus a family bathroom with white three piece suite.

The property is very conveniently located within easy reach of Wood Green and Turnpike Lane stations, as well as numerous regular bus routes linking the surrounding area. There are a variety of shops and amenities within a short distance, as well as good local schools and lovely open spaces, including Downhills Park and the glorious grounds at Alexandra Park and Palace. Nearby Harringay Green Lanes offers a further array of fashionable shops, bars and restaurants.

To book a viewing instantly just visit our website or download our award-winning App.

Lease Information
We understand the lease on the property is 125 years from 25 March 2004. All prospective purchasers are advised to make their own enquiries and verify this information with a solicitor.

Service Charges
We understand the ground rent on the property is £200 per annum for the first 25 years, and £400 thereafter. There is no fixed service charge. All prospective purchasers are advised to make their own enquiries and verify this information with a solicitor.

Property ownership information

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 22/03/2129

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering North London

020 3834 8512

Next Steps?

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