2 Bed Terraced House, Single Let, London, N2 9AJ, £375,000

64 Lankaster Gardens, East Finchley, N2 - 1 views - 6 months ago

Under Offer
Leasehold
BTL
ROI: 1%
~67 m²
+7 photos

ValuationUndervalued

Sold Prices£300K - £1.0M
Sold Prices/m²£5.4K/m² - £10.9K/m²

 

 

Square Metres

~66.60 m²
Price/m²£5.6K/m²

Value Estimate

£468,750
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£26,200

Total Cash In

£119,950

 

 

Cash Out

 

Rent Range

£1,600 - £2,200

Rent Estimate

£1,600

Running Costs/mo

£1,512

Cashflow/mo

£88

Cashflow/yr

£1,058

ROI

1%

Gross Yield

5%

Local Sold Prices

42 sold prices from £300K to £1.0M, average is £610K. £5.4K/m² to £10.9K/m², average is £8.3K/m².

PriceDateDistanceAddressBeds 
£1.0M05/230.4 mi52, Chandos Road, London, Greater London N2 9AP2
£610K01/240.41 mi2, Red Lion Hill, London, Greater London N2 8ED2
£685K12/220.45 mi115, Long Lane, London, Greater London N3 2HY2
£610K03/210.45 miKingsbury, King Street, London, Greater London N2 8DY2
£795K11/200.45 mi18, Church Lane, London, Greater London N2 8DT2
£657K01/210.47 mi125, Long Lane, London, Greater London N3 2HY2
£560K09/220.47 mi111, Long Lane, London, Greater London N3 2HY2
£615K01/240.49 mi6, Leopold Road, London, Greater London N2 8BE2
£745K03/210.5 mi430, Long Lane, London, Greater London N2 8JL2
£462.5K09/230.53 mi68b, Holdenhurst Avenue, London, Greater London N12 0HX2
£520.9K12/220.54 mi56, Manor Park Road, London, Greater London N2 0SJ2
£670K12/200.61 mi52, Hamilton Road, London, Greater London N2 0SW2
£640K05/210.61 mi68, Hamilton Road, London, Greater London N2 0SW2
£400K09/210.61 mi23, Coppetts Close, London, Greater London N12 0AG2
£420K05/230.61 mi13, Coppetts Close, London, Greater London N12 0AG2
£610K05/210.61 mi44, Brackenbury Road, London, Greater London N2 0ST2
£615K03/210.61 mi86, Brackenbury Road, London, Greater London N2 0ST2
£625K07/230.61 mi88, Brackenbury Road, London, Greater London N2 0ST2
£625K07/230.61 mi88, Brackenbury Road, London, Greater London N2 0ST2
£665K01/240.61 mi64, Brackenbury Road, London, Greater London N2 0ST2
£600K06/210.65 mi97, Barrenger Road, London, Greater London N10 1HU2
£810K09/230.65 mi3, Thomas More Way, London, Greater London N2 0UL2
£510K06/210.71 mi27, Steeds Road, London, Greater London N10 1JB2
£525K03/210.75 mi20, Steeds Road, London, Greater London N10 1JD2
£545K03/210.77 mi247a, East End Road, London, Greater London N2 8AY2
£458.3K12/220.77 mi25a, Brownlow Road, London, Greater London N3 1NA2
£550K03/210.78 mi58, Hill Road, London, Greater London N10 1JG2
£559K06/230.79 mi19, Everington Road, London, Greater London N10 1HT2
£600K12/230.83 mi21, Grove Road, London, Greater London N12 9EB2
£557K04/210.83 mi1, Summers Row, London, Greater London N12 0LD2
£525K09/210.83 mi4, Summers Row, London, Greater London N12 0LD2
£460K11/200.84 mi29, Fenstanton Avenue, London, Greater London N12 9HA2
£300K03/210.84 mi24, Deanery Close, London, Greater London N2 8NS2
£460K05/210.85 mi145, Elmshurst Crescent, London, Greater London N2 0LW2
£680K10/230.86 mi17, Heath View, London, Greater London N2 0QD2
£615K12/200.86 mi17, Heath View, London, Greater London N2 0QD2
£680K08/230.86 mi29, Heath View, London, Greater London N2 0QD2
£680K08/230.86 mi29, Heath View, London, Greater London N2 0QD2
£620K06/210.87 mi46, Hutton Grove, London, Greater London N12 8DT2
£625K01/210.92 mi25, Dale Grove, London, Greater London N12 8EE2
£550K05/210.97 mi98, Grove Road, London, Greater London N12 9EA2
£665K03/230.99 mi51, Ashurst Road, London, Greater London N12 9AU2

Local Rents

50 rents from £1.6K/mo to £2.2K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£2,10004/250.01 mi-2
£2,05012/240.02 mi-2
£2,05006/240.06 miHigh Road, London, N22
£2,10012/240.06 miLankaster Gardens, East Finchley, N22
£2,05006/240.1 miHigh Road, London, N22
£2,05006/240.1 mi-2
£1,80005/240.12 miConnections House, Glebe Road, London2
£1,90002/250.12 mi-2
£1,90006/240.14 miHigh Road, London, N22
£1,90006/240.14 mi-2
£1,80005/240.15 miConnections House, Glebe Road, Finchley, London, N32
£1,85007/240.17 miGlebe Road, Finchley2
£2,05005/240.17 miGlebelands Close, North Finchley, London, N122
£2,15003/250.18 mi-2
£2,20005/240.18 mi-2
£2,05004/250.18 mi-2
£1,70002/240.19 mi-2
£1,70006/240.26 miHigh Road, North Finchley, N122
£1,65005/240.27 miSquires Court, Abingdon Road, London, N32
£1,80005/240.29 miSimms Gardens, East Finchley, N22
£1,82006/240.3 mi-2
£1,82006/240.3 miCrathorne House, London, N22
£2,00008/240.31 miQueens Avenue, Finchley, N32
£1,60005/240.32 miBlackdown Close, East Finchley, N22
£1,62502/250.33 mi-2
£1,75007/240.34 miBlackdown Close, East Finchley2
£1,75012/240.34 mi-2
£1,75012/240.34 mi-2
£2,20007/240.34 miHigh Road, East Finchley, London, N22
£1,75002/250.35 mi-2
£1,80002/240.35 miSquires Lane, Finchley, London, N32
£2,00008/240.35 miQueens Avenue, London2
£1,85002/240.36 mi-2
£1,85006/240.36 miLucas Gardens, East Finchley, London, N22
£1,90012/240.36 miGranville Place, Finchley, London, N122
£2,00007/240.36 miQueens Avenue, Finchley, London, N32
£2,00005/240.36 miSquires Lane, London, N32
£1,65003/250.37 mi-2
£1,65003/250.37 mi-2
£1,64903/250.37 mi-2
£1,60005/240.37 miGranville Place, High Road, North Finchley, London, N122
£1,70006/240.37 miHigh Road, North Finchley, N122
£1,90006/240.37 miHigh Road2
£1,77512/240.38 mi-2
£1,80002/240.38 mi-2
£1,75001/250.39 mi-2
£1,80012/240.4 mi-2
£1,65006/240.41 miLong Lane, Finchley2
£1,60006/240.41 miLong Lane, Finchley2
£1,95012/240.43 mi-2

Local Area Statistics

Population in N2

23,878

Population in London

4,771,921

Town centre distance

5.77 miles away

Nearest school

0.20 miles away

Nearest train station

0.88 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+21%

Sales demand

Balanced market

Capital growth (5yrs)

+9%

Property History

Listed for £375,000

October 21, 2024

Floor Plans

Description

  • Two Bedrooms +
  • Modern Fitted Kitchen +
  • Private Terrace Garden +
  • Off Street & Allocated Parking +
  • Security Gated Development +
  • Chain Free +

Conveniently located within the catchment area for a number of popular schools and within easy access of local shops and amenities is this spacious two bedroom apartment with a private garden terrace. The property is offered chain free and benefits from allocated underground parking and visitors parking, one reception rooms, semi open plan kitchen and family bathroom. To fully appreciate the size, location, and potential of this home, an internal viewing is highly recommended through the vendor's sole agents, Adam Hayes Estate Agents.

Agent Details

Adam Hayes Estate Agents, East Finchley, N2

020 3840 3446

Next Steps?

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