2 Bed Flat, Single Let, London, N3 1NJ, £425,000

Flat , Finchley Court, Ballards Lane, London, N3 1NJ - 4 views - 5 months ago

BTL
~58 m²
+8 photos

ValuationOvervalued

Sold Prices£237.4K - £620K
Sold Prices/m²£4.9K/m² - £9.4K/m²

 

 

Square Metres

~58.27 m²
Price/m²£7.3K/m²

Value Estimate

£388,467

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£33,700

Total Cash In

£139,950

 

 

Cash Out

 

Rent Range

£1,500 - £2,500

Rent Estimate

£1,600

Running Costs/mo

£1,668

Cashflow/mo

£-68

Cashflow/yr

£-817

Gross Yield

5%

Local Sold Prices

50 sold prices from £237.4K to £620K, average is £418.8K. £4.9K/m² to £9.4K/m², average is £6.6K/m².

PriceDateDistanceAddressBeds 
£423K07/230.01 miFlat 76, Finchley Court, Ballards Lane, Finchley, London, Greater London N3 1NJ2
£412.5K02/210.04 miFlat 1, Finchley Court, Ballards Lane, Finchley, London, Greater London N3 1NH2
£454K10/220.04 miFlat 33, Finchley Court, Ballards Lane, Finchley, London, Greater London N3 1NH2
£415K09/230.05 mi18, Burnbrae Close, London, Greater London N12 8PH2
£390K11/200.05 mi18, Burnbrae Close, London, Greater London N12 8PH2
£237.4K01/230.07 miFlat 5, The Fountains, Ballards Lane, Finchley, London, Greater London N3 1NL2
£347K10/200.08 mi214c, Ballards Lane, London, Greater London N3 2LX2
£368.1K11/210.08 mi261b, Ballards Lane, London, Greater London N3 1NG2
£273.8K03/210.1 miFlat 5, Spencer Court, Granville Road, London, Greater London N12 0HN2
£500K11/220.13 mi2, Woodberry Gardens, London, Greater London N12 0HD2
£400K03/210.14 mi14a, Brownlow Road, London, Greater London N3 1NA2
£537K12/200.16 mi4b, Thyra Grove, London, Greater London N12 8HD2
£472K12/220.18 miFlat 21, Etchingham Court, Etchingham Park Road, London, Greater London N3 2EA2
£490K06/210.19 miFlat A, 3, Etchingham Park Road, London, Greater London N3 2DU2
£430K01/210.2 miFlat 8, The Laurels, Nether Street, London, Greater London N3 1NP2
£485K10/230.2 mi27b, Granville Road, London, Greater London N12 0HP2
£398K06/230.22 miFlat 13, Western Court, Huntly Drive, London, Greater London N3 1NX2
£620K06/210.3 mi4, Howcroft Crescent, London, Greater London N3 1PB2
£400K12/200.31 mi24, Hutton Grove, London, Greater London N12 8DT2
£470K02/230.31 mi34, Hutton Grove, London, Greater London N12 8DT2
£360K04/210.34 mi61, Bow Lane, London, Greater London N12 0JL2
£320K12/200.36 miFlat 16, Colman Court, Christchurch Avenue, London, Greater London N12 0DT2
£350K11/230.36 miFlat 9, Colman Court, Christchurch Avenue, London, Greater London N12 0DT2
£462.5K04/210.37 mi16a, Rosemont Avenue, London, Greater London N12 0BX2
£327.5K06/210.37 mi597a, High Road, London, Greater London N12 0DY2
£475K06/210.39 mi10, Falkland Avenue, London, Greater London N3 1QR2
£472K04/210.39 mi2a, Falkland Avenue, London, Greater London N3 1QR2
£410K09/210.41 miFlat 5, Gainsborough Court, Nether Street, London, Greater London N12 8AE2
£320K02/210.41 miFlat 18, Gainsborough Court, Nether Street, London, Greater London N12 8AE2
£415K06/210.41 miFirst Floor Flat, 60, Avondale Avenue, London, Greater London N12 8EN2
£362K10/200.42 miGround Floor Flat, 687, High Road, London, Greater London N12 0DA2
£340K01/240.42 mi626, High Road, London, Greater London N12 0NU2
£440K03/210.43 mi7a, Woodlands Avenue, London, Greater London N3 2NS2
£489K12/200.43 mi11, Woodlands Avenue, London, Greater London N3 2NS2
£340K10/230.43 miFlat 12, Gainsborough Court, Nether Street, London, Greater London N12 8AE2
£535K05/230.43 mi22, Woodlands Avenue, London, Greater London N3 2NR2
£580K03/210.44 mi66, Princes Avenue, London, Greater London N3 2DB2
£550K12/220.44 mi62b, Princes Avenue, London, Greater London N3 2DB2
£370K12/200.47 mi26, Springfield Close, London, Greater London N12 7NT2
£415K07/230.47 mi10, Springfield Close, London, Greater London N12 7NT2
£430K06/210.49 mi84, Grange Avenue, London, Greater London N12 8DJ2
£422.5K07/230.49 mi19, Grange Avenue, London, Greater London N12 8DN2
£568K06/210.5 mi57a, Gainsborough Road, London, Greater London N12 8AA2
£430K06/210.52 mi27a, Holden Road, London, Greater London N12 8HS2
£390K09/210.52 miFlat 5, Avon Court, Holden Road, London, Greater London N12 8HR2
£460K04/210.53 mi18, Grosvenor Road, London, Greater London N3 1EX2
£390K05/210.53 mi55, Long Lane, London, Greater London N3 2HY2
£515K06/210.53 mi95a, Long Lane, London, Greater London N3 2HY2
£380K05/230.53 mi83a, Long Lane, London, Greater London N3 2HY2
£565K09/210.54 mi34, Redbourne Avenue, London, Greater London N3 2BS2

Local Rents

50 rents from £1.5K/mo to £2.5K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,70002/240.03 miFinchley Court, Ballards Lane, Finchley, London, N32
£1,90006/240.03 miFinchley Court, Ballards Lane, Finchley2
£1,90008/240.04 miBallards Lane Finchley Central N32
£1,70005/240.06 miGranville Court, Granville Road, Finchley Central N12 0HL2
£1,85006/240.07 miBallards Lane, Finchley, N32
£1,75006/240.08 miRegent Court, Ballards Lane, London, N32
£2,00004/250.08 mi-2
£1,75007/240.09 miBallards Lane, London2
£1,50006/240.1 miMoss Hall Grove, North Finchley, N12 8PJ2
£1,73404/250.12 mi-2
£1,73403/250.12 mi-2
£1,60006/240.12 miMoss Hall Grove, Woodside Park, N122
£1,80005/240.13 miMoss Hall Gove, London, N122
£1,80005/240.13 mi-2
£1,85006/240.13 mi-2
£1,90004/250.13 mi-2
£1,60004/250.13 mi-2
£1,90005/240.15 miGranville Road, North Finchley, London, N122
£1,90005/240.15 miGranville Road, North Finchley, London, N122
£1,75005/240.16 miSeymour Road London N32
£1,90001/250.16 mi-2
£1,90002/250.16 mi-2
£2,29505/240.16 miBallards Lane, Finchley2
£2,35007/240.16 miBallards Lane, Finchley2
£1,70011/240.16 mi-2
£1,85007/240.16 miNigel Court, Seymour Road, Finchley, N32
£1,99506/240.17 miEtchingham Court, Etchingham Park Road, Finchley2
£2,00005/240.18 miEtchingham Court, Finchley Central, N32
£1,97505/240.18 mi-2
£1,85006/240.19 miEtchingham Park Road London N32
£1,70005/240.19 miEtchingham Court, Etchingham Park Road, Finchley, N32
£1,70006/240.19 miEtchingham Court, Etchingham Park Road, Finchley, N32
£1,80005/240.19 mi-2
£2,00007/240.19 miBallards Lane, Finchley2
£2,20005/240.2 miBallards Lane, London, N32
£1,70004/250.2 mi-2
£1,70004/250.2 mi-2
£1,90005/240.21 miNether Street London N32
£2,50005/240.21 mi-2
£1,60012/240.23 miChislehurst Avenue, North Finchley, London, N122
£2,00005/240.23 miBallards Lane, Finchley, N122
£1,80004/250.26 mi-2
£1,99501/250.27 mi-2
£2,05006/240.28 miAlbany Court, London, N122
£1,90006/240.28 miAlbany Court, London, N122
£1,90006/240.28 mi-2
£1,95007/240.3 miBallards Lane, Finchley2
£1,95009/240.3 miBallards Lane, Finchley2
£1,95003/250.3 mi-2
£2,00007/240.3 miNether Street, Finchley. N32

Local Area Statistics

Population in N3

26,584

Population in London

4,771,921

Town centre distance

6.51 miles away

Nearest school

0.10 miles away

Nearest train station

0.19 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 £425,000

April 1, 2025

Price changed to £435,000

February 20, 2025

Listed for £445,000

November 4, 2024

Floor Plans

Description

  • Communal Garden +
  • Ground Floor +
  • Wooden Floors +
  • Close to Local Shops and Transport Links +
  • Close to Victoria Park +
  • Great Local Community +
  • Minutes From West Finchley Tube Station +
  • Finchley Court Development +
  • New Washer Dryer +
  • Bright and Modern Look +

Proudly present this charming two-bedroom ground floor flat, situated on the ground floor of the characterful Finchley Court development. Ideally located just off Ballard's Lane, it offers easy access to both West Finchley and Finchley Central tube stations. The property falls within the catchment area for Moss Hall Nursery and Primary School.

The flat features two double bedrooms, wooden flooring throughout, a spacious lounge, a fully fitted kitchen, and one family bathroom. Additional benefits include residential parking and a well-maintained communal garden.

Offered unfurnished.

Service Charge: Approximately £1,600 per year
SHARE OF FREEHOLD
Ground Rent: Peppercorn
EPC Rating: D
Council Tax Band: D

Great for first-time buyers, downsizing or buy-to-let opportunities.

Tenure: Share of Freehold

Agent Details

Highwood Estate Agents, London

020 4538 6132

Next Steps?

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