2 Bed Flat, Single Let, London, NW7 1JB, £425,000

Abercorn Road, Mill Hill East, NW7 1JB - 1 views - 5 months ago

BTL
~58 m²
+4 photos

ValuationOvervalued

Sold Prices£228.8K - £653K
Sold Prices/m²£3.7K/m² - £9.3K/m²

 

 

Square Metres

~57.50 m²
Price/m²£7.4K/m²

Value Estimate

£389,749

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Total Cash In

£128,950

 

 

Cash Out

 

Rent Range

£1,450 - £4,500

Rent Estimate

£1,650

Running Costs/mo

£1,678

Cashflow/mo

£-28

Cashflow/yr

£-337

Gross Yield

5%

Local Sold Prices

50 sold prices from £228.8K to £653K, average is £410K. £3.7K/m² to £9.3K/m², average is £6.8K/m².

PriceDateDistanceAddressBeds 
£350K11/200.06 mi11a, Bittacy Hill, London, Greater London NW7 1HS2
£228.8K09/230.06 mi12a, Bittacy Hill, London, Greater London NW7 1LB2
£340K03/230.07 miFlat 33, Bittacy Court, Bittacy Hill, London, Greater London NW7 1HY2
£286K06/210.09 miFlat 15, Dollis Croft, Bittacy Hill, London, Greater London NW7 1HP2
£343.5K04/230.13 mi20, Frith Court, London, Greater London NW7 1JP2
£391.8K03/210.13 mi12, Frith Court, London, Greater London NW7 1JP2
£375K06/210.13 mi33, Frith Court, London, Greater London NW7 1JP2
£305K02/210.13 miFlat 20, Thornfield Court, Holders Hill Road, London, Greater London NW7 1LW2
£410K12/200.22 mi6, Thornbury Close, London, Greater London NW7 1HH2
£653K06/210.27 mi157, Holders Hill Road, London, Greater London NW7 1ND2
£400K03/210.27 mi38, Shillingford Close, London, Greater London NW7 1HQ2
£400K02/240.28 mi9, Shillingford Close, London, Greater London NW7 1HQ2
£400K04/210.28 mi40, Shillingford Close, London, Greater London NW7 1HQ2
£395K07/230.28 mi29, Shillingford Close, London, Greater London NW7 1HQ2
£410K04/210.33 miGround Floor Maisonette, 83, Dollis Road, London, Greater London N3 1RD2
£450K08/230.33 mi55a, Dollis Road, London, Greater London N3 1RD2
£436K03/210.33 mi55b, Dollis Road, London, Greater London N3 1RD2
£450K12/220.34 mi28, Gordon Road, London, Greater London N3 1EJ2
£355K09/210.35 mi11, Sanders Lane, London, Greater London NW7 1BX2
£535K06/210.35 mi5, Honiton Gardens, London, Greater London NW7 1GF2
£405K06/210.35 mi10, Honiton Gardens, London, Greater London NW7 1GF2
£325K02/230.36 mi16, Seaton Square, London, Greater London NW7 1GB2
£420K06/210.36 mi20, Seaton Square, London, Greater London NW7 1GB2
£460K06/210.38 mi70a, Elm Park Road, London, Greater London N3 1EB2
£590K12/200.39 miGround Floor Flat, 25, Elm Park Road, London, Greater London N3 1EG2
£235K12/200.39 mi70, Eversleigh Road, London, Greater London N3 1JA2
£415K04/210.41 mi15a, Dollis Road, London, Greater London N3 1RB2
£415K11/200.42 mi51, Grosvenor Road, London, Greater London N3 1EY2
£450K06/210.43 mi61, Grosvenor Road, London, Greater London N3 1EY2
£575K05/210.43 mi45, Grosvenor Road, London, Greater London N3 1EY2
£395K06/210.44 mi73, Bray Road, London, Greater London NW7 1SL2
£325K03/230.44 mi121, Bray Road, London, Greater London NW7 1SL2
£425K04/210.45 miFlat 11, Dollis Court, Crescent Road, London, Greater London N3 1HR2
£460K04/210.45 mi18, Grosvenor Road, London, Greater London N3 1EX2
£500K06/210.5 mi57, Dollis Park, London, Greater London N3 1HJ2
£485K03/210.5 miFlat 2, Georgian Court, Dollis Avenue, London, Greater London N3 1TY2
£505K08/230.5 miFlat 1, Georgian Court, Dollis Avenue, London, Greater London N3 1TY2
£390K05/230.55 miFlat 4, Timberdene, Holders Hill Road, London, Greater London NW4 1LA2
£415K12/200.55 miFlat 19, Timberdene, Holders Hill Road, London, Greater London NW4 1LA2
£405K03/230.59 miFlat 17, Norman Court, Nether Street, London, Greater London N3 1QQ2
£625K02/210.59 mi3b, St Marys Avenue, London, Greater London N3 1SN2
£360K06/210.64 miFlat 12, Fernside Court, Holders Hill Road, London, Greater London NW4 1JT2
£620K06/210.68 mi4, Howcroft Crescent, London, Greater London N3 1PB2
£262K06/210.69 miFlat 2, Bibsworth Lodge, Bibsworth Road, London, Greater London N3 3RN2
£262K06/210.69 miFlat 2, Bibsworth Lodge, Bibsworth Road, London, Greater London N3 3RN2
£410K06/210.7 miFlat 7, Paul Court, Windsor Road, London, Greater London N3 3SP2
£475K06/210.71 mi10, Falkland Avenue, London, Greater London N3 1QR2
£472K04/210.71 mi2a, Falkland Avenue, London, Greater London N3 1QR2
£490K11/210.75 miFlat 6, Greenacres, Hendon Lane, London, Greater London N3 3SF2
£470K06/210.75 miFlat 70, Greenacres, Hendon Lane, London, Greater London N3 3SF2

Local Rents

50 rents from £1.4K/mo to £4.5K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£2,40007/240.01 mi-2
£1,95006/240.02 miAbercorn Road, Mill Hill East2
£1,65004/250.03 mi-2
£1,80006/240.03 mi-2
£1,90008/240.04 miBittacy Hill, Mill Hill2
£1,69002/250.05 mi-2
£1,69002/250.05 mi-2
£1,65002/250.05 mi-2
£1,70006/240.05 miAbercorn Road, Finchley, London, NW72
£1,65001/250.05 mi-2
£1,77001/250.05 mi-2
£1,77001/250.05 mi-2
£1,77001/250.05 mi-2
£1,65002/250.05 mi-2
£1,65002/250.05 mi-2
£2,77502/250.05 mi-2
£2,20002/250.05 mi-2
£2,20004/250.05 mi-2
£3,00008/240.06 mi-2
£2,50006/240.06 miBeagle Close, London, NW7 1XH2
£3,00007/240.06 miBeagle Close, London, NW7 1XH2
£3,00007/240.06 miBeagle Close, London, NW7 1XH2
£3,00008/240.06 miBeagle Close, London, NW7 1XH2
£2,30006/240.06 mi-2
£2,30006/240.06 mi-2
£2,35004/250.06 mi-2
£2,00004/250.06 mi-2
£2,50006/240.07 miBeagle Close, London NW72
£1,45008/240.08 miAbercorn Road, Mill Hill, London, NW7 1JJ2
£1,65002/250.1 mi-2
£2,29607/240.1 mi-2
£1,85009/240.12 miLangstone Way, Mill Hill, London2
£1,75011/240.13 mi-2
£1,75011/240.13 mi-2
£1,80006/240.14 miHolders Hill Road, Mill Hill, NW72
£2,25004/250.18 mi-2
£1,80008/240.19 miHolders Hill Road, Mill Hill, NW72
£2,40008/240.2 mi-2
£2,40008/240.2 mi-2
£2,40006/240.2 miAbercorn Road, London, NW72
£1,50003/250.2 mi-2
£3,50004/250.2 mi-2
£2,55007/240.21 mi-2
£2,60011/240.21 mi-2
£2,35007/240.22 miMill Hill, London, NW72
£2,20006/240.22 miBrooklime Apartments, Bittacy Hill, Mill Hill2
£2,55703/240.22 miPlaza Collection, Explorer Way, Mill Hill NW72
£4,50003/250.22 mi-2
£1,95003/250.22 mi-2
£2,40006/240.25 miRoyal Engineers Way, Mill Hill2

Local Area Statistics

Population in NW7

25,131

Population in London

4,771,921

Town centre distance

6.93 miles away

Nearest school

0.20 miles away

Nearest train station

0.20 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Buyer's market

Capital growth (5yrs)

+5%

Property History

Listed for £425,000

November 14, 2024

Floor Plans

Description

  • Private Entrance +
  • Two Double Bedrooms +
  • Separate Kitchen +
  • Front & Rear Gardens +
  • Chain Free +
  • Walking Distance to Mill Hill East Station, Waitrose & +
  • Virgin Active Gym +
  • Tenure: Approximately 908 Years Remaining +
  • Service Charge: Approximately £600 pa +
  • Council Tax: Band C +

EXCELLENT VALUE! SHARE OF FREEHOLD. Conveniently located minutes’ walk from Mill Hill East station is this two double bedroom ground floor flat. It also has local shops, petrol station, Virgin Active Gym and Waitrose on its doorstep.

The property benefits from a private entrance, gas central heating, double glazing and own section of front and rear gardens.

To appreciate the condition, location and size, an internal viewing is highly recommended via Ellis & Co. Tel No:

Agent Details

Ellis & Co, Finchley

020 3856 3457

Next Steps?

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