2 Bed Flat, Single Let, London, N22 8PQ, £350,000

MALBURY COURT Clarence Road, London, Greater London, N22 8PQ - 3 views - 7 months ago

BTL
ROI: 2%
57 m²
+4 photos

ValuationUndervalued

Sold Prices£210K - £607.5K
Sold Prices/m²£3.3K/m² - £9K/m²

 

 

Square Metres

57 m²
Price/m²£6.1K/m²

Value Estimate

£384,938
BMV10%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Total Cash In

£104,200

 

 

Cash Out

 

Rent Range

£1,550 - £2,600

Rent Estimate

£1,619

Running Costs/mo

£1,438

Cashflow/mo

£181

Cashflow/yr

£2,177

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £210K to £607.5K, average is £428.8K. £3.3K/m² to £9K/m², average is £6.8K/m².

PriceDateDistanceAddressBeds 
£550K06/210.05 mi26, Whittington Road, London, Greater London N22 8YD2
£395K12/230.06 miFlat 2, Tudor Court, Clarence Road, Wood Green, London, Greater London N22 8QD2
£320K12/220.07 miFlat 4, Fernwood, Clarence Road, Wood Green, London, Greater London N22 8QE2
£442K08/230.1 miFlat 2, Arnold Court, Truro Road, Wood Green, London, Greater London N22 8DJ2
£525K02/230.1 mi95a, Truro Road, Wood Green, London, Greater London N22 8DH2
£432.5K02/230.17 mi27, Palmerston Road, London, Greater London N22 8QH2
£422K03/240.17 mi5a, Palmerston Road, London, Greater London N22 8QH2
£450K11/200.17 mi41a, Palmerston Road, London, Greater London N22 8QH2
£515K10/230.17 mi21a, Palmerston Road, London, Greater London N22 8QH2
£421.5K07/230.18 mi13b, Queens Road, London, Greater London N11 2QJ2
£495K11/200.18 mi80a, Finsbury Road, London, Greater London N22 8PF2
£335K06/230.18 mi80b, Finsbury Road, London, Greater London N22 8PF2
£443K06/230.19 mi67, Marlborough Road, London, Greater London N22 8NJ2
£370K02/230.22 miFlat 4, Opal Court, Park Road, Bounds Green, London, Greater London N11 2LS2
£370K03/230.22 miFlat 7, Opal Court, Park Road, Bounds Green, London, Greater London N11 2LS2
£385K10/200.24 miFlat 1, Zircon Court, Park Road, Bounds Green, London, Greater London N11 2LR2
£417K02/230.25 mi7a, Sidney Road, London, Greater London N22 8LT2
£480K06/210.26 mi116d, Marlborough Road, London, Greater London N22 8NN2
£315K04/210.27 mi71, Eastern Road, London, Greater London N22 7AS2
£265K02/230.27 mi49, Eastern Road, London, Greater London N22 7AS2
£340K12/230.27 mi53, Eastern Road, London, Greater London N22 7AS2
£346K11/220.28 miFlat 17, Mohr Court, Nightingale Road, London, Greater London N22 8PX2
£385K04/230.29 mi141a, Whittington Road, London, Greater London N22 8YP2
£375K06/210.3 mi13a, Cheshire Road, London, Greater London N22 8JJ2
£438.8K10/210.3 miFirst Floor Flat, 2, Hampshire Road, London, Greater London N22 8LR2
£520K12/220.31 mi112d, Marlborough Road, London, Greater London N22 8NN2
£440K11/200.31 mi32, Goring Road, London, Greater London N11 2DD2
£425K02/210.34 mi21, Beech Road, London, Greater London N11 2DA2
£435K01/230.34 mi13, Beech Road, London, Greater London N11 2DA2
£390K09/210.34 mi13, Beech Road, London, Greater London N11 2DA2
£370K06/210.34 mi2a, Parkhurst Road, London, Greater London N22 8JQ2
£415K02/210.34 miGarden Floor Flat, 28, Parkhurst Road, London, Greater London N22 8JQ2
£210K12/220.34 mi5, Westbury Road, London, Greater London N11 2DB2
£540K12/200.35 mi5a, Westbury Road, London, Greater London N11 2DB2
£345K06/210.36 mi231a, Whittington Road, London, Greater London N22 8YW2
£230K09/230.37 mi28c, Lascotts Road, London, Greater London N22 8JN2
£403K06/210.37 miFlat A, 12, Lascotts Road, London, Greater London N22 8JN2
£367.5K09/210.38 miFlat 16, Haywood Court, Oak Lane, London, Greater London N11 2BE2
£452K11/210.4 mi51, Bounds Green Road, London, Greater London N22 8HB2
£311K04/210.4 mi17, Collings Close, London, Greater London N22 8RL2
£500K06/210.4 mi4a, Elvendon Road, London, Greater London N13 4SJ2
£522.2K10/230.4 mi48a, Elvendon Road, London, Greater London N13 4SJ2
£480K10/230.4 mi4a, Woodside Road, London, Greater London N22 5HU2
£600K12/230.4 mi19, Dorset Road, Wood Green, London, Greater London N22 7SL2
£514K02/230.4 mi69, Dagmar Road, Wood Green, London, Greater London N22 7RT2
£495K02/210.4 mi24a, Woodside Road, London, Greater London N22 5HU2
£585K06/210.41 mi59, Albert Road, Wood Green, London, Greater London N22 7AA2
£607.5K05/230.41 mi51, Albert Road, Wood Green, London, Greater London N22 7AA2
£579.5K08/230.42 mi119, Crescent Road, Wood Green, London, Greater London N22 7RU2
£530K06/210.42 mi102, Crescent Road, Wood Green, London, Greater London N22 7RZ2

Local Rents

50 rents from £1.6K/mo to £2.6K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,70007/240.01 miMalbury Court, Clarence Road, London, N222
£1,85005/240.02 miClarence Road, London, N222
£2,00005/240.05 miWhittington Road2
£2,00005/240.05 miWhittington Road, Wood Green N222
£1,59504/250.08 mi-2
£1,75006/240.08 miOak House, Trinity Road2
£2,10005/240.09 miRichard Court, London, N222
£2,10005/240.09 mi-2
£1,99502/250.09 mi-2
£1,79504/250.09 mi-2
£1,65005/240.11 mi-2
£1,65012/240.11 mi-2
£1,75006/240.13 miCorbett Grove, London, N222
£1,99012/240.13 mi-2
£1,99012/240.13 mi-2
£1,85004/250.13 mi-2
£1,70005/240.14 miNightingale Road, Bounds Green, London, N222
£1,85006/240.17 miBounds Green Road N112
£1,80007/240.18 miWhittington Road, London, N222
£1,75006/240.18 miFinsbury Road, Wood Green, N222
£2,35005/240.19 mi-2
£2,29005/240.19 mi-2
£1,89502/250.2 mi-2
£1,75005/240.2 miImperial Road, Bounds Green, London2
£1,75005/240.2 mi-2
£1,75005/240.2 miWood Green, London, N222
£1,90002/240.22 mi-2
£1,75005/240.22 miManor Road,2
£2,10006/240.22 miManor Road, Wood Green2
£2,49505/240.22 miBowes Park, London, N222
£2,60005/240.22 miWhittington Road, London, N222
£2,49505/240.22 mi-2
£2,60005/240.22 mi-2
£1,87507/240.23 miFinsbury Road, Wood Green, London, N222
£1,60005/240.23 miStation Chambers, Brownlow Road, London, N112
£1,90006/240.24 miEleanor Road2
£1,65007/240.24 miMarlborough Road, Bowes Park, London, N222
£1,75005/240.25 miEastern Road, Bounds Green, London2
£1,90007/240.25 miFinsbury Road, Bowes Park, London, N222
£1,80006/240.25 miTruro Road, Bounds Green, London2
£2,50001/250.26 mi-2
£1,87512/240.26 mi-2
£1,75007/240.27 miPalmerston Road, Wood Green2
£1,95005/240.27 miTredegar Road, Bounds Green, N112
£1,70012/240.28 mi-2
£1,89001/250.28 mi-2
£2,00004/250.28 mi-2
£1,55012/240.28 mi-2
£2,20003/250.28 mi-2
£1,75006/240.31 miTredegar Road, London, N112

Local Area Statistics

Population in N22

42,996

Population in London

4,771,921

Town centre distance

5.34 miles away

Nearest school

0.20 miles away

Nearest train station

0.20 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Balanced market

Capital growth (5yrs)

+9%

Property History

Listed for £350,000

October 1, 2024

Sold for £142,000

2006

Sold for £68,500

2001

Floor Plans

Description

  • TWO BEDROOM FLAT +
  • FIRST FLOOR +
  • DOUBLE GLAZED WINDOWS +
  • GAS CENTRAL HEATING +
  • CLOSE TO TRANSPORT LINKS +
  • SHARE OF FREEHOLD +
  • FITTED KITCHEN +
  • 3 PIECE BATHROOM +
  • ENTRY PHONE SYSTEM +
  • CHAIN FREE SALE +

We are pleased to offer this two double bedroom flat for sale, situated within walking distance to Bowes Park overground station and Bounds Green undergrounds station (Piccadilly line), the property is also located close to sought after schools and benefits from a long lease, double glazed windows, gas central heating, kitchen has access to external stairs leading to communal gardens. CHAIN FREE

Agent Details

VOYAGER, London

020 8187 1161

Next Steps?

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