2 Bed Flat, Single Let, London, N3 1JT, £500,000

Hendon Lane, London, N3 1JT - 1 views - 6 months ago

Leasehold
BTL
~72 m²
+12 photos

ValuationFair Value

Sold Prices£228.8K - £931K
Sold Prices/m²£3.7K/m² - £8.9K/m²

 

 

Square Metres

~72 m²
Price/m²£6.9K/m²

Value Estimate

£501,909

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£38,700

Total Cash In

£163,700

 

 

Cash Out

 

Rent Range

£1,600 - £2,850

Rent Estimate

£1,750

Running Costs/mo

£1,933

Cashflow/mo

£-182

Cashflow/yr

£-2,190

Gross Yield

4%

Local Sold Prices

50 sold prices from £228.8K to £931K, average is £415K. £3.7K/m² to £8.9K/m², average is £6.2K/m².

PriceDateDistanceAddressBeds 
£262K06/210.09 miFlat 2, Bibsworth Lodge, Bibsworth Road, London, Greater London N3 3RN2
£262K06/210.09 miFlat 2, Bibsworth Lodge, Bibsworth Road, London, Greater London N3 3RN2
£625K02/210.12 mi3b, St Marys Avenue, London, Greater London N3 1SN2
£477.5K03/230.13 miFlat 10, Arundel Lodge, Salisbury Avenue, London, Greater London N3 3AL2
£485K03/210.17 miFlat 2, Georgian Court, Dollis Avenue, London, Greater London N3 1TY2
£505K08/230.17 miFlat 1, Georgian Court, Dollis Avenue, London, Greater London N3 1TY2
£470K06/210.18 miFlat 70, Greenacres, Hendon Lane, London, Greater London N3 3SF2
£490K11/210.19 miFlat 6, Greenacres, Hendon Lane, London, Greater London N3 3SF2
£415K09/210.19 miFlat 24, Derby Lodge, East End Road, London, Greater London N3 3QG2
£380K01/210.19 miFlat 6, Derby Lodge, East End Road, London, Greater London N3 3QG2
£355K02/230.19 miFlat 14, Derby Lodge, East End Road, London, Greater London N3 3QG2
£410K06/210.2 miFlat 7, Paul Court, Windsor Road, London, Greater London N3 3SP2
£307K11/200.21 miFlat 59, Greenacres, Hendon Lane, London, Greater London N3 3SF2
£400K02/230.22 mi26, Arden Road, London, Greater London N3 3AN2
£430K09/230.23 miFlat 13, Ellerton Lodge, East End Road, London, Greater London N3 3QH2
£385K06/230.23 miFlat 24, Ellerton Lodge, East End Road, London, Greater London N3 3QH2
£575K10/220.29 miFlat 65, Mayflower Lodge, Regents Park Road, London, Greater London N3 3HX2
£610K01/210.31 miFlat 11, Mayflower Lodge, Regents Park Road, London, Greater London N3 3HU2
£500K06/210.37 mi57, Dollis Park, London, Greater London N3 1HJ2
£420K12/200.39 mi15, Orchard Avenue, London, Greater London N3 3NL2
£420K12/200.39 mi15, Orchard Avenue, London, Greater London N3 3NL2
£555K06/210.42 miFlat 17, Chessington Lodge, Regents Park Road, London, Greater London N3 3AA2
£567.5K11/220.42 miFlat 26, Chessington Lodge, Regents Park Road, London, Greater London N3 3AA2
£400K04/210.42 mi47a, Lichfield Grove, London, Greater London N3 2JJ2
£425K04/210.43 miFlat 11, Dollis Court, Crescent Road, London, Greater London N3 1HR2
£390K05/230.45 miFlat 4, Timberdene, Holders Hill Road, London, Greater London NW4 1LA2
£415K12/200.45 miFlat 19, Timberdene, Holders Hill Road, London, Greater London NW4 1LA2
£653K06/210.45 mi157, Holders Hill Road, London, Greater London NW7 1ND2
£405K03/230.47 miFlat 17, Norman Court, Nether Street, London, Greater London N3 1QQ2
£415K04/210.49 mi15a, Dollis Road, London, Greater London N3 1RB2
£360K06/210.51 miFlat 12, Fernside Court, Holders Hill Road, London, Greater London NW4 1JT2
£450K08/230.51 mi55a, Dollis Road, London, Greater London N3 1RD2
£436K03/210.51 mi55b, Dollis Road, London, Greater London N3 1RD2
£410K04/210.51 miGround Floor Maisonette, 83, Dollis Road, London, Greater London N3 1RD2
£343.5K04/230.52 mi20, Frith Court, London, Greater London NW7 1JP2
£391.8K03/210.52 mi12, Frith Court, London, Greater London NW7 1JP2
£375K06/210.52 mi33, Frith Court, London, Greater London NW7 1JP2
£590K12/200.53 miGround Floor Flat, 25, Elm Park Road, London, Greater London N3 1EG2
£931K05/210.54 mi93, Lichfield Grove, London, Greater London N3 2JL2
£305K02/210.54 miFlat 20, Thornfield Court, Holders Hill Road, London, Greater London NW7 1LW2
£460K06/210.55 mi70a, Elm Park Road, London, Greater London N3 1EB2
£565K09/210.59 mi34, Redbourne Avenue, London, Greater London N3 2BS2
£325K11/200.59 mi120, Basing Way, London, Greater London N3 3DA2
£450K12/220.59 mi28, Gordon Road, London, Greater London N3 1EJ2
£382.5K03/230.6 mi33, Amberden Avenue, London, Greater London N3 3DE2
£320K12/220.6 mi19, Amberden Avenue, London, Greater London N3 3DE2
£235K12/200.61 mi70, Eversleigh Road, London, Greater London N3 1JA2
£286K06/210.61 miFlat 15, Dollis Croft, Bittacy Hill, London, Greater London NW7 1HP2
£228.8K09/230.61 mi12a, Bittacy Hill, London, Greater London NW7 1LB2
£360K01/230.62 mi129, Beaufort Park, London, Greater London NW11 6BY2

Local Rents

49 rents from £1.6K/mo to £2.9K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£2,80006/240.02 mi-2
£1,90005/240.02 miHendon Lane, Finchley2
£2,00008/240.05 miShakespeare Road, London, N32
£2,85006/240.05 miHendon Lane, London, N32
£1,95005/240.07 miThe Terrace, Hendon Lane, Finchley, N32
£1,89512/240.07 mi-2
£2,00008/240.07 mi-2
£2,00008/240.07 miTemple Close, London, N32
£2,65010/240.12 mi-2
£1,80006/240.13 miSalisbury Avenue, Finchley, N32
£2,55011/240.13 mi-2
£2,20007/240.14 miSt. Mary's Avenue, London, N32
£2,20008/240.14 miSt. Mary's Avenue, London, N32
£2,25005/240.14 mi-2
£2,20009/240.14 mi-2
£2,00008/240.16 miRegents Park Road, Finchley Central2
£2,40008/240.16 miHendon Lane, Finchley, London, N32
£1,85007/240.17 miRegents Park Road, Finchley, London, N32
£1,85010/240.18 mi-2
£1,90006/240.18 miSalisbury Avenue, Finchley, N32
£2,10006/240.18 miEast End Road, London2
£2,00012/240.19 mi-2
£2,20005/240.19 miRegents Park Road, Finchley Central, N32
£2,50008/240.2 miSpencer Close, Finchley, N32
£1,75102/250.22 mi-2
£2,20005/240.22 miEast End Road, London, N32
£1,80003/250.23 mi-2
£1,95006/240.23 mi-2
£1,75006/240.23 miCollege Terrace, Finchley Central, N32
£2,05007/240.24 miStanhope Avenue, Finchley, N32
£1,75003/250.24 mi-2
£2,00006/240.25 miWindsor Road London N32
£1,75007/240.25 miWindsor Road London N32
£2,20006/240.25 miSpencer Close, Regents Park Road, London N32
£2,00005/240.25 miSpencer Close, Finchley2
£2,00006/240.26 miMountfield Road, Finchley2
£1,60006/240.26 miMountfield Road, Finchley, N32
£1,75007/240.26 mi-2
£1,80004/250.26 mi-2
£1,80006/240.27 mi-2
£1,80006/240.27 miRegents Park Road, London, N32
£1,80006/240.27 miRegents Park Road, London, N32
£2,50006/240.28 miSpencer Close, Finchley, N32
£2,10008/240.28 miCavendish Avenue, Finchley Central, London2
£1,70007/240.33 miEast End Road, Finchley, N32
£2,17501/250.33 mi-2
£2,17501/250.33 mi-2
£2,10010/240.33 mi-2
£2,35007/240.35 miMountfield Road, Finchley, N32

Local Area Statistics

Population in N3

26,584

Population in London

4,771,921

Town centre distance

6.32 miles away

Nearest school

0.10 miles away

Nearest train station

0.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-30%

Sales demand

Buyer's market

Capital growth (5yrs)

+19%

Property History

Price changed to £500,000

February 12, 2025

Listed for £540,000

October 29, 2024

Floor Plans

Description

  • 2 Double bedrooms +
  • 2 Bathrooms (1 En-Suite) +
  • Lounge with Juliette balcony +
  • Lift +
  • Entryphone +
  • Secure parking space +
  • Visitor spaces +
  • Chain free +
  • Share of freehold- 131 years 11 months underlying lease +
  • No ground rent +

A modern two-bedroom, two-bathroom apartment on the 2nd floor in Finchley, just 0.4 miles from Finchley Central Underground. It features two balconies, a gated underground parking space, a large reception room, kitchen, en-suite principal bedroom, and a second double bedroom. Additional perks include a lift, visitor parking, and a video entry system. Located 0.3 miles from Windsor Open Space and Avenue House Park, and close to shops, cafes, and restaurants. Share of Freehold, available with vacant possession.

The Owners Love
"The layout of the flat with rooms all coming off the hall and absence of corridor gives it a bright, friendly and welcoming atmosphere"
"It is very well situated in proximity to good shops, a vibrant High Street and convenient Tube and buses"
"The garden is beautiful and the property is very efficiently maintained by the appointed management company"

We've Noticed
The garden is beautiful.
Close to High Street and convenient tube and buses.
Underground car parking.

Agent Details

Martyn Gerrard, Finchley

020 3872 3468

Next Steps?

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