2 Bed Flat, Single Let, London, N3 3SF, £450,000

Greenacres, Hendon Lane, Finchley, N3 3SF - 2 views - 5 months ago

Leasehold
BTL
~67 m²
+7 photos

ValuationOvervalued

Sold Prices£262K - £653K
Sold Prices/m²£4K/m² - £8K/m²

 

 

Square Metres

~66.50 m²
Price/m²£6.8K/m²

Value Estimate

£439,597

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£36,200

Total Cash In

£148,700

 

 

Cash Out

 

Rent Range

£1,600 - £2,850

Rent Estimate

£1,750

Running Costs/mo

£1,776

Cashflow/mo

£-26

Cashflow/yr

£-315

Gross Yield

5%

Local Sold Prices

50 sold prices from £262K to £653K, average is £400K. £4K/m² to £8K/m², average is £6.2K/m².

PriceDateDistanceAddressBeds 
£470K06/210 miFlat 70, Greenacres, Hendon Lane, London, Greater London N3 3SF2
£490K11/210.01 miFlat 6, Greenacres, Hendon Lane, London, Greater London N3 3SF2
£307K11/200.04 miFlat 59, Greenacres, Hendon Lane, London, Greater London N3 3SF2
£410K06/210.07 miFlat 7, Paul Court, Windsor Road, London, Greater London N3 3SP2
£477.5K03/230.09 miFlat 10, Arundel Lodge, Salisbury Avenue, London, Greater London N3 3AL2
£400K02/230.13 mi26, Arden Road, London, Greater London N3 3AN2
£625K02/210.16 mi3b, St Marys Avenue, London, Greater London N3 1SN2
£262K06/210.24 miFlat 2, Bibsworth Lodge, Bibsworth Road, London, Greater London N3 3RN2
£262K06/210.25 miFlat 2, Bibsworth Lodge, Bibsworth Road, London, Greater London N3 3RN2
£575K10/220.25 miFlat 65, Mayflower Lodge, Regents Park Road, London, Greater London N3 3HX2
£610K01/210.27 miFlat 11, Mayflower Lodge, Regents Park Road, London, Greater London N3 3HU2
£555K06/210.31 miFlat 17, Chessington Lodge, Regents Park Road, London, Greater London N3 3AA2
£567.5K11/220.31 miFlat 26, Chessington Lodge, Regents Park Road, London, Greater London N3 3AA2
£415K09/210.32 miFlat 24, Derby Lodge, East End Road, London, Greater London N3 3QG2
£380K01/210.32 miFlat 6, Derby Lodge, East End Road, London, Greater London N3 3QG2
£355K02/230.32 miFlat 14, Derby Lodge, East End Road, London, Greater London N3 3QG2
£485K03/210.35 miFlat 2, Georgian Court, Dollis Avenue, London, Greater London N3 1TY2
£505K08/230.35 miFlat 1, Georgian Court, Dollis Avenue, London, Greater London N3 1TY2
£430K09/230.35 miFlat 13, Ellerton Lodge, East End Road, London, Greater London N3 3QH2
£385K06/230.35 miFlat 24, Ellerton Lodge, East End Road, London, Greater London N3 3QH2
£420K12/200.4 mi15, Orchard Avenue, London, Greater London N3 3NL2
£420K12/200.4 mi15, Orchard Avenue, London, Greater London N3 3NL2
£390K05/230.41 miFlat 4, Timberdene, Holders Hill Road, London, Greater London NW4 1LA2
£415K12/200.41 miFlat 19, Timberdene, Holders Hill Road, London, Greater London NW4 1LA2
£360K06/210.43 miFlat 12, Fernside Court, Holders Hill Road, London, Greater London NW4 1JT2
£290K05/210.49 miFlat 1, Westchester Court, Westchester Drive, London, Greater London NW4 1RB2
£370K11/200.49 miFlat 4, Westchester Court, Westchester Drive, London, Greater London NW4 1RB2
£402.5K03/230.49 miFlat 21, Westchester Court, Westchester Drive, London, Greater London NW4 1RB2
£653K06/210.52 mi157, Holders Hill Road, London, Greater London NW7 1ND2
£500K06/210.55 mi57, Dollis Park, London, Greater London N3 1HJ2
£500K06/210.55 mi7, Boyne Avenue, London, Greater London NW4 2JL2
£360K01/230.55 mi129, Beaufort Park, London, Greater London NW11 6BY2
£320K12/200.57 miFlat 9, Claydon House, Holders Hill Road, London, Greater London NW4 1LS2
£390K01/210.57 miFlat 32, Claydon House, Holders Hill Road, London, Greater London NW4 1LS2
£345K10/230.57 miFlat 26, Claydon House, Holders Hill Road, London, Greater London NW4 1LS2
£375K03/210.57 miFlat 33, Claydon House, Holders Hill Road, London, Greater London NW4 1LS2
£400K04/210.58 mi47a, Lichfield Grove, London, Greater London N3 2JJ2
£390K03/210.58 mi110, Beaufort Park, London, Greater London NW11 6BY2
£425K04/210.6 miFlat 11, Dollis Court, Crescent Road, London, Greater London N3 1HR2
£475K12/220.63 mi61, Beaufort Park, London, Greater London NW11 6BT2
£305K02/210.63 miFlat 20, Thornfield Court, Holders Hill Road, London, Greater London NW7 1LW2
£382.5K03/230.63 mi33, Amberden Avenue, London, Greater London N3 3DE2
£320K12/220.63 mi19, Amberden Avenue, London, Greater London N3 3DE2
£385K05/240.63 mi41, Beaufort Park, London, Greater London NW11 6BS2
£343.5K04/230.64 mi20, Frith Court, London, Greater London NW7 1JP2
£391.8K03/210.64 mi12, Frith Court, London, Greater London NW7 1JP2
£375K06/210.64 mi33, Frith Court, London, Greater London NW7 1JP2
£405K03/230.65 miFlat 17, Norman Court, Nether Street, London, Greater London N3 1QQ2
£470K02/210.66 miFlat 19, Edinburgh House, Tenterden Grove, London, Greater London NW4 1TL2
£325K11/200.66 mi120, Basing Way, London, Greater London N3 3DA2

Local Rents

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

RentDateDistanceAddressBeds 
£1,85010/240.01 mi-2
£2,40008/240.04 miHendon Lane, Finchley, London, N32
£2,55011/240.05 mi-2
£2,65010/240.06 mi-2
£1,80006/240.08 miSalisbury Avenue, Finchley, N32
£1,95005/240.11 miThe Terrace, Hendon Lane, Finchley, N32
£2,85006/240.13 miHendon Lane, London, N32
£2,00006/240.13 miWindsor Road London N32
£1,75007/240.13 miWindsor Road London N32
£1,90006/240.13 miSalisbury Avenue, Finchley, N32
£2,00008/240.13 mi-2
£2,00008/240.13 miTemple Close, London, N32
£2,00008/240.13 miShakespeare Road, London, N32
£1,90005/240.17 miHendon Lane, Finchley2
£2,80006/240.19 mi-2
£2,20005/240.19 miIvor Court, 2 Chalgrove Gardens, Finchley, London, N32
£2,20007/240.19 miSt. Mary's Avenue, London, N32
£2,20008/240.19 miSt. Mary's Avenue, London, N32
£2,25005/240.19 mi-2
£2,20009/240.19 mi-2
£2,05807/240.2 miBroughton Avenue, Finchley Central, London, N3 2
£1,89512/240.22 mi-2
£1,75003/250.24 mi-2
£1,80006/240.25 mi-2
£1,80006/240.25 miRegents Park Road, London, N32
£1,80006/240.25 miRegents Park Road, London, N32
£2,00012/240.25 mi-2
£2,20005/240.25 miRegents Park Road, Finchley Central, N32
£2,00008/240.26 miRegents Park Road, Finchley Central2
£1,80003/250.27 mi-2
£2,00006/240.28 miMountfield Road, Finchley2
£1,60006/240.29 miMountfield Road, Finchley, N32
£1,75007/240.29 mi-2
£1,80004/250.29 mi-2
£2,10006/240.29 miEast End Road, London2
£2,05007/240.3 miStanhope Avenue, Finchley, N32
£1,85007/240.31 miRegents Park Road, Finchley, London, N32
£1,80005/240.31 miHolly Park, Finchley, London, N32
£1,75102/250.32 mi-2
£2,40008/240.33 mi-2
£2,20005/240.34 miEast End Road, London, N32
£2,50008/240.35 miSpencer Close, Finchley, N32
£2,10008/240.36 miCavendish Avenue, Finchley Central, London2
£1,85001/250.37 mi-2
£1,75007/240.39 miHolders Hill Crescent, Hendon, NW42
£1,75008/240.39 miHolders Hill Crescent, Hendon, NW42
£2,20006/240.39 miSpencer Close, Regents Park Road, London N32
£2,50006/240.4 miSpencer Close, Finchley, N32
£2,00005/240.4 miSpencer Close, Finchley2

Local Area Statistics

Population in N3

26,584

Population in London

4,771,921

Town centre distance

6.28 miles away

Nearest school

0.30 miles away

Nearest train station

0.62 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 £450,000

March 4, 2025

Listed for £475,000

November 11, 2024

Floor Plans

Description

  • 2 Bedrooms +
  • 1 Living room +
  • Separate kitchen +
  • 1 Family bathroom + en-suite +
  • Balcony +
  • Leasehold 123 Years remaining +
  • Ground rent £100 pa +
  • Service charge £3776 pa +
  • Ground floor +
  • Residents parking +

A refurbished two bedroom, two bathroom ground floor purpose built apartment with long lease in excess of 123 Years.
 
The Owners Love
"We love how easy it is to get around from here! The train station is just a few minutes away, and the bus links are excellent too. Plus, having Sainsbury’s, Tesco, and Waitrose right on the high street makes shopping so convenient!"
"The park across the street is beautiful, especially in the summer. It’s our little escape for walks and just soaking up some sun"
"The onsite caretaker has been amazing—more than just helpful; she's genuinely there when you need her. It feels like having a friend nearby, which really adds to the sense of community here"

We've Noticed
The property is being sold chain free.
The property is well located for transport links including the A406 and M1 with direct links to the North.

Agent Details

Martyn Gerrard, Finchley

020 3872 3468

Next Steps?

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