5 Bed HMO, London, N11 1PP £650,000

High Road, New Southgate, London, N11 1PP - 16 views - a year ago
Leasehold
HMO
ROI: 3%
~178 m²
Property image

ValuationUndervalued

Sold Prices£600K - £2.5M
Sold Prices/m²£4.4K/m² - £14.4K/m²

 

 

Square Metres

~178.28 m²
Price/m²£3.6K/m²

Value Estimate

£786,500
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£162,500

Stamp Duty & Legal Fees

£53,700

Total Cash In

£216,200

 

 

Cash Out

 

Room Rate

£806

Gross Rent

£4,030

Running Costs/mo

£3,566

Cashflow/mo

£464

Cashflow/yr

£5,568

ROI

3%

Gross Yield

7%

Local Sold Prices

44 sold prices from £600K to £2.5M, average is £1.0M. £4.4K/m² to £14.4K/m², average is £6.6K/m².

Price
Date
Distance
Address
Beds
 
£690K06/210.31 mi11, Kettlewell Close, London, Greater London N11 3FB5
£842K05/230.41 mi87, Brookdale, London, Greater London N11 1BS5
£955K01/230.45 mi16, Carlton Road, London, Greater London N11 3EX5
£767K05/210.48 mi59, Holly Park Road, London, Greater London N11 3EY5
£1.1M06/210.51 mi8, Radstock Close, London, Greater London N11 3GQ5
£1.1M11/240.55 mi127, Waterfall Road, London N11 1BT5
£1.1M11/240.55 mi127, Waterfall Road, London N11 1BT5
£600K06/210.58 mi73, Marshalls Close, London, Greater London N11 1TE5
£950K06/210.58 mi2, Lynton Gardens, London, Greater London N11 2NN5
£860K12/230.62 mi23, Highworth Road, London, Greater London N11 2SL5
£1.2M12/230.64 mi23, Woodfield Way, London, Greater London N11 2NP5
£888K01/230.64 mi67, Warwick Road, London, Greater London N11 2SP5
£1.1M08/240.67 mi26, Passmore Gardens, London, Greater London N11 2PG5
£850K03/250.68 mi63, Pembroke Road, Muswell Hill, London N10 2HX5
£850K03/250.68 mi63, Pembroke Road, Muswell Hill, London N10 2HX5
£1.1M07/240.69 mi36, Passmore Gardens, Wood Green, London N11 2PG5
£1.3M10/230.69 mi23, Winton Avenue, London, Greater London N11 2AS5
£1.1M05/250.7 mi18, Morton Way, London N14 7HP5
£1.1M05/250.7 mi18, Morton Way, London N14 7HP5
£1.8M12/220.71 mi40, Forestdale, London, Greater London N14 7DX5
£900K08/220.73 mi35, Crown Road, London, Greater London N10 2HY5
£870K09/220.73 mi50, Hatley Close, New Southgate, London N11 3LN5
£1.3M10/240.74 mi8, Hemington Avenue, London, Greater London N11 3LR5
£1.0M11/230.74 mi3, Hemington Avenue, London, Greater London N11 3LR5
£1.3M10/240.75 mi8, Hemington Avenue, New Southgate, London N11 3LR5
£870K09/220.75 mi50, Hatley Close, London, Greater London N11 3LN5
£1.1M09/220.76 mi31, Maidstone Road, London, Greater London N11 2TR5
£950K04/230.8 mi30, The Ridgeway, London, Greater London N11 3LJ5
£850K07/240.81 mi39, Dawlish Avenue, London, Greater London N13 4HP5
£850K07/240.81 mi39, Dawlish Avenue, London N13 4HP5
£1.6M03/250.82 mi11, Forestdale, London N14 7DY5
£1.0M08/250.82 mi122, Waterfall Road, London N14 7JN5
£1.3M10/240.84 mi23, Arnos Grove, London, Greater London N14 7AE5
£825K06/230.9 mi7, Queens Road, London, Greater London N11 2QJ5
£773.5K10/210.9 mi9, Ashurst Road, London, Greater London N12 9AU5
£1.5M06/210.91 mi8, Rhodes Avenue, London, Greater London N22 7UT5
£910K12/220.91 mi90, Ashurst Road, London, Greater London N12 9AX5
£1.4M05/210.93 mi47, Rhodes Avenue, London, Greater London N22 7UR5
£1.4M05/210.93 mi11, Rhodes Avenue, London, Greater London N22 7UR5
£1.1M07/240.95 mi168, Colney Hatch Lane, London, Greater London N10 1ET5
£2.5M01/220.96 mi69, Grosvenor Road, London, Greater London N10 2DU5
£1.1M07/240.99 mi168, Colney Hatch Lane, Colney Hatch, London N10 1ET5
£1.9M09/240.99 mi72, Windermere Road, London, Greater London N10 2RG5
£940K06/230.99 mi93, Ashurst Road, London, Greater London N12 9AA5

Local Area Statistics

Population in N11

29,720

Population in London

4,771,921

Town centre distance

6.10 miles away

Nearest school

0.20 miles away

Nearest train station

0.14 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-15%

Sales demand

Seller's market

Capital growth (5yrs)

+8%

Property History

Price changed to £650,000

March 8, 2025

Listed for £725,000

October 25, 2024

Floor Plans

Property image

Description

  • Fantastic 5 bedroom end of terrace house +
  • Spacious interiors +
  • Potential for HMO (STPP) +
  • 4 bathrooms +
  • Close proximity to Arnos Grove underground station +
  • Private garden +
  • Garage +

Arranged over 4 floors, this well-presented 5 bedroom end of terrace house features an eat-in kitchen, charming private garden and conveniently location close to transport links.

The property is a short walk from New Southgate Train Station, providing regular services into Central London. The amenities in Friern Barnet and New Southgate are all easily accessible.

Please use the reference CHPK3837461 when contacting Foxtons.

Agent Details

Foxtons, North Finchley

020 3909 9684

Next Steps?

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