5 Bed HMO, London, N9 9EB, £449,995

20 Winchester Road, London, Greater London, N9 9EB - 10 views - 6 months ago

Under Offer
HMO
ROI: 8%
90 m²
+13 photos

ValuationUndervalued

Sold Prices£460K - £2.0M
Sold Prices/m²£3.6K/m² - £13.8K/m²

 

 

Square Metres

90 m²
Price/m²£5K/m²

Value Estimate

£490,521
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,499

Stamp Duty & Legal Fees

£24,700

Total Cash In

£137,198

 

 

Cash Out

 

Room Rate

£732

Gross Rent

£3,660

Running Costs/mo

£2,797

Cashflow/mo

£863

Cashflow/yr

£10,355

ROI

8%

Gross Yield

10%

Local Sold Prices

50 sold prices from £460K to £2.0M, average is £907.5K. £3.6K/m² to £13.8K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£540K01/210.51 mi6, Brookfield Road, London, Greater London N9 0DN5
£482.5K02/210.61 mi13, Ranworth Road, London, Greater London N9 0LN5
£500K10/220.79 mi137, St Marys Road, Edmonton, London, Greater London N9 8NR5
£465K09/210.79 mi26, Devonshire Road, Edmonton, London, Greater London N9 8NE5
£475K03/230.9 mi8, Lopen Road, London, Greater London N18 1PX5
£930K11/220.9 mi24, Park Avenue, Enfield, Greater London EN1 2HP5
£820K07/230.94 mi59, Colne Road, London, Greater London N21 2JN5
£675K07/210.94 mi61, Colne Road, London, Greater London N21 2JN5
£2.0M12/210.96 mi8, Dryden Road, Enfield, Greater London EN1 2PP5
£2.0M12/210.97 mi8, Dryden Road, Enfield, Greater London EN1 2PP5
£590K03/210.99 mi67, Alberta Road, Enfield, Greater London EN1 1JA5
£500K10/201.02 mi194, Galliard Road, London, Greater London N9 7DJ5
£1.1M12/201.04 mi15, Queen Annes Gardens, Enfield, Greater London EN1 2JW5
£525K04/231.05 mi2, Shirley Grove, London, Greater London N9 8EP5
£850K04/211.05 mi8, Colne Road, London, Greater London N21 2JD5
£1.5M05/211.1 mi60, Wellington Road, Enfield, Greater London EN1 2PH5
£1.5M05/211.1 mi60, Wellington Road, Enfield, Greater London EN1 2PH5
£460K09/211.13 mi36, Yorkshire Gardens, London, Greater London N18 2LD5
£540K07/211.17 mi49, Thornaby Gardens, London, Greater London N18 2AU5
£540K07/211.17 mi49, Thornaby Gardens, London, Greater London N18 2AU5
£680K03/211.26 mi7, Franlaw Crescent, London, Greater London N13 5EB5
£1.2M09/231.28 mi44, The Orchard, London, Greater London N21 2DH5
£580K06/211.3 mi4, The Larches, London, Greater London N13 5AY5
£800K06/211.31 mi19, Elmscott Gardens, London, Greater London N21 2BP5
£1.2M03/211.35 mi12, Hartland Close, London, Greater London N21 2BG5
£1.1M02/211.35 mi130, Bush Hill, London, Greater London N21 2BS5
£800K02/241.36 mi28, Green Dragon Lane, London, Greater London N21 2LD5
£1.7M10/221.36 mi13, Wellington Road, Enfield, Greater London EN1 2PD5
£570K07/231.43 mi2, Lister Gardens, London, Greater London N18 1HZ5
£1.0M08/221.44 mi2a, Shrubbery Gardens, London, Greater London N21 2QT5
£845K03/211.47 mi91, London Road, Enfield, Greater London EN2 6EU5
£885K06/211.47 mi44, Green Dragon Lane, London, Greater London N21 2LH5
£1.1M12/201.48 mi62, Park Drive, London, Greater London N21 2LS5
£585K05/211.49 mi85, Cecil Avenue, Enfield, Greater London EN1 1PS5
£985K02/211.5 mi30, Compton Road, London, Greater London N21 3NX5
£1.3M12/221.51 mi40, Ringwood Way, London, Greater London N21 2QY5
£1.1M02/211.52 mi18, Green Moor Link, London, Greater London N21 2ND5
£1.2M08/231.53 mi81, Ringwood Way, London, Greater London N21 2RB5
£610K06/211.53 mi86, Fotheringham Road, Enfield, Greater London EN1 1QG5
£1.2M10/221.55 mi39, Fernleigh Road, London, Greater London N21 3AN5
£650K02/211.55 mi44, Uvedale Road, Enfield, Greater London EN2 6HB5
£1.2M05/211.55 mi39, Compton Road, London, Greater London N21 3NU5
£1.3M10/221.55 mi18, Old Park Ridings, London, Greater London N21 2EU5
£710K05/211.56 mi573, Green Lanes, London, Greater London N13 4EB5
£950K12/231.56 mi55, Woodberry Avenue, London, Greater London N21 3LE5
£1.1M02/211.56 mi67, Woodberry Avenue, London, Greater London N21 3LE5
£1.1M02/211.56 mi67, Woodberry Avenue, London, Greater London N21 3LE5
£1.4M08/231.57 mi17, Haslemere Road, London, Greater London N21 3AB5
£1.2M08/221.6 mi60, Compton Road, London, Greater London N21 3NS5
£930K12/231.61 mi45, Eaton Park Road, Palmers Green, London, Greater London N13 4ED5

Local Area Statistics

Population in N9

51,422

Population in London

4,771,921

Town centre distance

7.11 miles away

Nearest school

0.20 miles away

Nearest train station

0.27 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+26%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Listed for £449,995

October 3, 2024

Sold for £77,000

1997

Floor Plans

Description

  • HMO licensed property +
  • Buy to let +
  • Close to Edmonton Green br station +
  • Guranteed rental income +
  • 2 bathrooms +
  • Fully double glazed +
  • Freehold property +
  • Victorian house +

HMO Licenced Victorian Mid- Terrace - Guaranteed Rent Investment Opportunity*

Presenting an excellent opportunity for investors, this spacious five- room HMO licences property offers guaranteed rental income and a ready- made buy-to-let investment. Located in the prime position close to Edmonton Green Shopping Centre and Edmonton Green Station, this property benefits from superb transport links and local amenities.

This charming mid- terrace Victorian house features ample living accommodation throughout, fully double-glazed windows, and gas central heating. The property boasts a modern fully fitted kitchen, a convenient ground- floor shower room, and a first floor family bathroom, making it ideal for tenants seeking comfort and convenience.

Outside the property includes a generous rear garden, offering a private outdoor space that is low maintenance and perfect for tenant use. Whether you're an experienced landlord or new to property investment, this HMO property offers the perfect opportunity for steady income in a highly sought-after area. Don't miss out on this hassle-free investment!

Viewings are highly recommended - contact us to arrange a viewing.

Council Tax Band: D (Enfield Council )
Tenure: Freehold

Agent Details

IC Property, Edmonton

020 3909 8898

Next Steps?

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

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