2 Bed Flat, Single Let, London, N9 0HU, £245,000

Montagu Road, Edmonton, N9 0HU - 4 views - 5 months ago

Sold STC
Leasehold
BTL
ROI: 6%
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£222.5K - £315K
Sold Prices/m²£3.9K/m² - £6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.6K/m²

Value Estimate

£294,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£61,250

Stamp Duty & Legal Fees

£8,550

Total Cash In

£69,800

 

 

Cash Out

 

Rent Range

£1,500 - £4,000

Rent Estimate

£1,450

Running Costs/mo

£1,076

Cashflow/mo

£374

Cashflow/yr

£4,493

ROI

6%

Gross Yield

7%

Local Sold Prices

44 sold prices from £222.5K to £315K, average is £260K. £3.9K/m² to £6K/m², average is £4.6K/m².

PriceDateDistanceAddressBeds 
£275K03/220.19 mi41, Jeremys Green, London, Greater London N18 2NB2
£257.5K09/210.27 mi42, Grilse Close, London, Greater London N9 0UU2
£247.5K06/210.35 mi21, Hennessy Road, London, Greater London N9 0XA2
£257K10/220.38 mi14, Hennessy Road, London, Greater London N9 0XQ2
£240K10/220.38 mi6, Hennessy Road, London, Greater London N9 0XQ2
£240K04/210.41 mi30, Pentland Close, London, Greater London N9 0XN2
£240K04/210.41 mi30, Pentland Close, London, Greater London N9 0XN2
£240K10/230.44 mi96, Hudson Way, Edmonton, London, Greater London N9 0XG2
£248K05/210.44 mi114, Hudson Way, London, Greater London N9 0XG2
£225K04/210.44 mi32, Buxton Close, London, Greater London N9 0XL2
£250K01/220.47 mi56, Leopold Road, London, Greater London N18 2HX2
£270K11/210.47 mi50, Leopold Road, London, Greater London N18 2HX2
£262K05/210.52 miFlat 4, Romany House, Beaconsfield Road, London, Greater London N9 0PY2
£265K07/220.55 mi28, Herne Mews, London, Greater London N18 2QZ2
£245K02/220.57 mi6, Inverness Road, London, Greater London N18 2EE2
£278K10/220.61 mi13, Sawyer Close, London, Greater London N9 9XP2
£275K04/230.63 mi26, Culpepper Close, London, Greater London N18 2DZ2
£270K03/230.63 mi12, Culpepper Close, London, Greater London N18 2DZ2
£270K11/210.63 mi50, Leopold Road, London, Greater London N18 2HX2
£260K04/210.64 mi46, Leopold Road, London, Greater London N18 2EW2
£266K12/210.64 mi70, Leopold Road, London, Greater London N18 2HX2
£253K05/210.65 mi35, Martin Close, London, Greater London N9 8UE2
£315K10/230.67 mi16a, Sunnyside Road North, London, Greater London N9 9SW2
£260K12/220.68 mi52, Pycroft Way, London, Greater London N9 9XY2
£270K09/220.69 mi49, Pycroft Way, London, Greater London N9 9XU2
£260K03/210.7 mi53, Pycroft Way, London, Greater London N9 9XU2
£273.5K07/210.71 mi17, Ruskin Walk, London, Greater London N9 9DT2
£270K12/220.71 mi27, Beechwood Mews, London, Greater London N9 9XH2
£250K09/230.72 mi31, Beechwood Mews, London, Greater London N9 9XH2
£250K01/210.72 mi15, Beechwood Mews, London, Greater London N9 9XH2
£290K03/230.72 mi29, Beechwood Mews, London, Greater London N9 9XH2
£262.5K04/210.73 mi62, Milestone Close, London, Greater London N9 9GA2
£248K06/210.73 mi201, St Marys Road, Edmonton, London, Greater London N9 8NR2
£303K09/220.76 mi17, Lichfield Road, London, Greater London N9 9HD2
£258K12/200.76 mi21, All Saints Close, London, Greater London N9 9AT2
£226K01/210.8 mi124, Croyland Road, London, Greater London N9 7BD2
£280K02/230.85 mi89, Church Lane, London, Greater London N9 9QA2
£263K09/210.87 mi128, Mandeville Court, London, Greater London E4 8JD2
£253K03/210.89 mi29, Mandeville Court, Chingford, London, Greater London E4 8JB2
£260K03/230.89 mi36, Mandeville Court, Chingford, London, Greater London E4 8JB2
£253K03/210.89 mi29, Mandeville Court, Chingford, London, Greater London E4 8JB2
£233K02/220.91 miFlat 7, Bridport House, Colyton Way, London, Greater London N18 2XJ2
£222.5K10/200.93 mi119, Croyland Road, London, Greater London N9 7BH2
£300K06/210.94 mi106, Middleham Road, London, Greater London N18 2SD2

Local Rents

20 rents from £1.5K/mo to £4K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£4,00005/240.13 mi-2
£1,75005/240.2 miJeremys Green, Edmonton, N182
£1,85001/250.23 mi-2
£1,85012/240.25 mi-2
£1,85012/240.25 mi-2
£1,95007/240.26 miTown Road London N92
£1,70006/240.26 miSwaythling Close, London2
£1,90001/250.32 mi-2
£1,90002/250.32 mi-2
£1,80012/240.34 mi-2
£1,50001/250.37 mi-2
£1,80005/240.42 miFelixstowe Road, Edmonton2
£1,80003/250.45 mi-2
£1,85003/250.46 mi-2
£1,60001/250.52 mi-2
£1,80007/240.54 mi-2
£1,65001/250.56 mi-2
£2,20002/250.56 mi-2
£1,80003/250.61 mi-2
£1,55005/240.62 miCulpepper Close, Edmonton, London, N182

Local Area Statistics

Population in N9

51,422

Population in London

4,771,921

Town centre distance

6.87 miles away

Nearest school

0.40 miles away

Nearest train station

0.55 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+26%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Listed for £245,000

November 4, 2024

Floor Plans

Description

  • Two bedroom split level Flat +
  • Off Montagu Road N9 +
  • Gas Central Heating +
  • Double Glazing +
  • Offered chain free +

A two bedroom split level flat situated on this quiet turning off Montagu Road N9. The property comprises of Reception one and kitchen to ground floor with two bedrooms and bathroom to first floor. It also has features to include, Gas central heating, Double glazing and is offered for sale on a chain free basis.

Agent Details

Castles Estate Agents, Edmonton - Sales

020 3840 3311

Next Steps?

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