2 Bed Flat, Motivated Seller, London, N4 1HN, £350,000





ValuationUndervalued
Sold Prices | £242K - £1.1M |
Sold Prices/m² | £3K/m² - £52K/m² |
| |
Square Metres | ~59.80 m² |
Price/m² | £5.9K/m² |
Value Estimate | £423,500£423,500 |
BMV | 21% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £87,500£87,500 |
Stamp Duty & Legal Fees | £16,700£16,700 |
Total Cash In | £104,200£104,200 |
| |
Cash Out | |
Rent Range | £1,640 - £3,597£1,640 - £3,597 |
Rent Estimate | £1,900 |
Running Costs/mo | £1,494£1,494 |
Cashflow/mo | £406£406 |
Cashflow/yr | £4,875£4,875 |
ROI | 5%5% |
Gross Yield | 7%7% |
Local Sold Prices
50 sold prices from £242K to £1.1M, average is £525K. £3K/m² to £52K/m², average is £7.4K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£440K | 11/20 | 0.11 mi | 23, Hermitage Road, London, Greater London N4 1DF | - | - | 2 | Flat | |
£545K | 06/23 | 0.15 mi | 68, Hermitage Road, London, Greater London N4 1LY | - | - | 2 | Flat | |
£501.5K | 02/23 | 0.27 mi | 90a, Hermitage Road, London, Greater London N4 1NL | - | - | 2 | Flat | |
£600K | 06/23 | 0.28 mi | 9a, Endymion Road, London, Greater London N4 1EE | £10,909 | 55 | 2 | Flat | |
£1.1M | 06/21 | 0.28 mi | 11, Coningsby Road, London, Greater London N4 1EG | £8,756 | 127 | 2 | Flat | |
£412.5K | 11/20 | 0.3 mi | Flat 20, Windsor House, Portland Rise, London, Greater London N4 2QA | - | - | 2 | Flat | |
£512.5K | 01/21 | 0.31 mi | 41b, Lothair Road South, London, Greater London N4 1EN | - | - | 2 | Flat | |
£412.5K | 04/21 | 0.33 mi | 24, Stanhope Gardens, Stroud Green, London, Greater London N4 1HT | - | - | 2 | Flat | |
£560K | 03/21 | 0.35 mi | Flat 38, Waterside Apartments, Goodchild Road, London, Greater London N4 2AJ | - | - | 2 | Flat | |
£498.5K | 09/21 | 0.35 mi | Flat 10, Waterside Apartments, Goodchild Road, London, Greater London N4 2AJ | - | - | 2 | Flat | |
£620K | 07/23 | 0.35 mi | Flat 72, Waterside Apartments, Goodchild Road, London, Greater London N4 2AJ | - | - | 2 | Flat | |
£565K | 09/23 | 0.36 mi | 68a, Burgoyne Road, London, Greater London N4 1AE | - | - | 2 | Flat | |
£720K | 10/23 | 0.37 mi | Flat 101, City View Apartments, Devan Grove, London, Greater London N4 2GR | - | - | 2 | Flat | |
£670K | 10/21 | 0.37 mi | Flat 49, Riverside Apartments, Goodchild Road, London, Greater London N4 2BA | - | - | 2 | Flat | |
£585K | 04/23 | 0.38 mi | 32, Portland Rise, London, Greater London N4 2PP | - | - | 2 | Flat | |
£605K | 03/23 | 0.38 mi | 32d, Portland Rise, London, Greater London N4 2PP | - | - | 2 | Flat | |
£555K | 05/23 | 0.38 mi | Flat 27, Rivulet Apartments, Devan Grove, London, Greater London N4 2GS | - | - | 2 | Flat | |
£430K | 11/21 | 0.39 mi | 41b, Rutland Gardens, London, Greater London N4 1JN | - | - | 2 | Flat | |
£583K | 12/22 | 0.42 mi | First Floor Flat, 86b, Upper Tollington Park, London, Greater London N4 4NB | - | - | 2 | Flat | |
£795K | 12/20 | 0.43 mi | 117a, Upper Tollington Park, London, Greater London N4 4ND | - | - | 2 | Flat | |
£525K | 03/21 | 0.43 mi | 12b, Oakfield Road, London, Greater London N4 4NL | - | - | 2 | Flat | |
£250K | 11/21 | 0.44 mi | 121a, Upper Tollington Park, London, Greater London N4 4ND | £2,994 | 83 | 2 | Flat | |
£397K | 09/21 | 0.44 mi | 87, Warwick Gardens, London, Greater London N4 1JD | £5,754 | 69 | 2 | Flat | |
£430K | 09/21 | 0.44 mi | 107, Warwick Gardens, London, Greater London N4 1JD | £5,890 | 73 | 2 | Flat | |
£405K | 09/21 | 0.44 mi | 49, Warwick Gardens, London, Greater London N4 1JD | - | - | 2 | Flat | |
£525K | 04/21 | 0.45 mi | 204c, Stapleton Hall Road, London, Greater London N4 4QL | - | - | 2 | Flat | |
£875K | 03/23 | 0.45 mi | 16a, Scarborough Road, London, Greater London N4 4LT | - | - | 2 | Flat | |
£320K | 12/20 | 0.46 mi | Flat D, 164, Stapleton Hall Road, London, Greater London N4 4QJ | £6,531 | 49 | 2 | Flat | |
£775K | 12/20 | 0.49 mi | 111b, Stapleton Hall Road, London, Greater London N4 4RD | - | - | 2 | Flat | |
£620K | 11/20 | 0.49 mi | Flat A, 3, Gloucester Drive, London, Greater London N4 2LE | £4,921 | 126 | 2 | Flat | |
£395K | 11/21 | 0.51 mi | Flat B, 115, Chesterfield Gardens, London, Greater London N4 1LW | - | - | 2 | Flat | |
£629.8K | 09/21 | 0.51 mi | 57, Mattison Road, London, Greater London N4 1BG | - | - | 2 | Flat | |
£769K | 02/23 | 0.51 mi | 15, Lancaster Road, London, Greater London N4 4PJ | - | - | 2 | Flat | |
£372K | 01/21 | 0.51 mi | Flat 2, Legat Court, Warwick Gardens, London, Greater London N4 1JE | - | - | 2 | Flat | |
£320K | 04/23 | 0.52 mi | 321, Lordship Road, London, Greater London N16 5HG | £5,360 | 60 | 2 | Flat | |
£480K | 11/20 | 0.52 mi | 28c, Quernmore Road, London, Greater London N4 4QX | £7,500 | 64 | 2 | Flat | |
£670K | 11/20 | 0.52 mi | 28a, Quernmore Road, London, Greater London N4 4QX | £9,710 | 69 | 2 | Flat | |
£635K | 11/20 | 0.54 mi | Ground Floor Flat And Cellar, 34, Mattison Road, London, Greater London N4 1BD | - | - | 2 | Flat | |
£242K | 03/23 | 0.54 mi | 56c, Upper Tollington Park, London, Greater London N4 4BX | - | - | 2 | Flat | |
£390K | 02/21 | 0.55 mi | Flat 50, Salisbury Mansions, St Anns Road, London, Greater London N15 3TP | - | - | 2 | Flat | |
£490K | 12/20 | 0.55 mi | Flat 47, Salisbury Mansions, St Anns Road, London, Greater London N15 3TP | - | - | 2 | Flat | |
£471.9K | 10/22 | 0.55 mi | Flat 63, Salisbury Mansions, St Anns Road, London, Greater London N15 3TP | - | - | 2 | Flat | |
£395K | 04/21 | 0.56 mi | Flat 24, Salisbury Mansions, St Anns Road, London, Greater London N15 3JP | - | - | 2 | Flat | |
£440K | 04/21 | 0.57 mi | 92, Myddleton Avenue, London, Greater London N4 2FH | £6,769 | 65 | 2 | Flat | |
£1.0M | 06/21 | 0.57 mi | Flat A, 45, Queen Elizabeths Walk, London, Greater London N16 5UG | £52,000 | 20 | 2 | Flat | |
£590K | 08/23 | 0.58 mi | 39b, Woodstock Road, London, Greater London N4 3ET | £7,284 | 81 | 2 | Flat | |
£620K | 02/21 | 0.58 mi | 57a, Woodstock Road, London, Greater London N4 3ET | £7,470 | 83 | 2 | Flat | |
£475K | 01/21 | 0.58 mi | 11, Myddleton Avenue, London, Greater London N4 2FA | £7,917 | 60 | 2 | Flat | |
£475K | 02/21 | 0.59 mi | 109b, Warham Road, London, Greater London N4 1AS | - | - | 2 | Flat | |
£615K | 07/24 | 0.59 mi | 91, Flat A, Warham Road, London, Greater London N4 1AS | £18,088 | 34 | 2 | Flat |
Local Rents
50 rents from £1.6K/mo to £3.6K/mo, average is £2.9K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£2,150 | 03/25 | 0.04 mi | - | 2 | Flat | |
£1,900 | 07/24 | 0.07 mi | Woodview Close, N4 | 2 | Flat | |
£1,950 | 06/24 | 0.07 mi | - | 2 | Flat | |
£2,000 | 02/25 | 0.1 mi | - | 2 | Flat | |
£1,950 | 12/24 | 0.1 mi | - | 2 | Flat | |
£1,800 | 02/25 | 0.11 mi | - | 2 | Flat | |
£1,750 | 03/25 | 0.11 mi | - | 2 | Flat | |
£2,350 | 03/25 | 0.12 mi | - | 2 | Flat | |
£1,640 | 01/25 | 0.12 mi | - | 2 | Flat | |
£3,250 | 06/24 | 0.14 mi | Willowbrook House, Coster Avenue, N4 | 2 | Flat | |
£1,900 | 05/24 | 0.18 mi | Vale Grove, Harringey, London N4 | 2 | Flat | |
£2,100 | 06/24 | 0.22 mi | Hermitage Road, Haringey, N4 | 2 | Flat | |
£2,250 | 07/24 | 0.22 mi | Hermitage Road, Haringey, N4 | 2 | Flat | |
£2,350 | 12/24 | 0.23 mi | - | 2 | Flat | |
£2,600 | 06/24 | 0.24 mi | Kingly Building, 18 Woodberry Down, London, N4 | 2 | Flat | |
£2,850 | 05/24 | 0.24 mi | - | 2 | Flat | |
£2,695 | 03/25 | 0.25 mi | - | 2 | Flat | |
£2,850 | 06/24 | 0.25 mi | Endymion Road, Greater London, N4 | 2 | Flat | |
£2,750 | 07/24 | 0.25 mi | - | 2 | Flat | |
£3,390 | 06/24 | 0.25 mi | Woodberry Down, London, N4 | 2 | Flat | |
£3,380 | 06/24 | 0.25 mi | Woodberry Down, London, N4 | 2 | Flat | |
£3,380 | 06/24 | 0.25 mi | Woodberry Down, London, N4 | 2 | Flat | |
£3,400 | 07/24 | 0.25 mi | Woodberry Down, London, N4 | 2 | Flat | |
£3,250 | 07/24 | 0.25 mi | Odell House, Woodberry Down, N4 | 2 | Flat | |
£2,600 | 12/24 | 0.25 mi | - | 2 | Flat | |
£2,900 | 06/24 | 0.25 mi | Kingly Building,woodberry Down, London, N4 | 2 | Flat | |
£1,900 | 05/24 | 0.26 mi | Endymion Road, London, N4 | 2 | Flat | |
£2,980 | 02/24 | 0.26 mi | - | 2 | House | |
£3,250 | 07/24 | 0.26 mi | Kingly Building, 18 Woodberry Down, London, N4 | 2 | Flat | |
£2,700 | 05/24 | 0.26 mi | Kingly Building, London N4 | 2 | Flat | |
£3,000 | 07/24 | 0.26 mi | Kingly Building, N4 | 2 | Flat | |
£2,850 | 07/24 | 0.26 mi | woodbury down, Finsbury Park | 2 | Flat | |
£2,500 | 06/24 | 0.28 mi | - | 2 | Flat | |
£2,700 | 05/24 | 0.28 mi | Hartingtons Court, London, N4 | 2 | Flat | |
£3,467 | 07/24 | 0.28 mi | Hartingtons Court, Coster Avenue, London, N4 | 2 | Flat | |
£2,000 | 03/25 | 0.28 mi | - | 2 | Flat | |
£3,200 | 06/24 | 0.28 mi | Coster Avenue, London, N4 | 2 | Flat | |
£3,120 | 06/24 | 0.28 mi | Coster Avenue, London, N4 | 2 | Flat | |
£3,300 | 06/24 | 0.28 mi | Coster Avenue, Hackney, London, N4 | 2 | Flat | |
£3,163 | 06/24 | 0.28 mi | Coster Avenue, London, N4 | 2 | Flat | |
£3,467 | 07/24 | 0.28 mi | Coster Avenue, London, N4 | 2 | Flat | |
£2,900 | 07/24 | 0.28 mi | Coster Avenue, London, N4 | 2 | Flat | |
£3,597 | 07/24 | 0.28 mi | Coster Avenue, London, N4 | 2 | Flat | |
£3,250 | 07/24 | 0.28 mi | (August move-in) Hartingtons Court, Woodberry Down, N4 | 2 | Flat | |
£3,467 | 07/24 | 0.28 mi | Coster Avenue, London, N4 | 2 | Flat | |
£1,998 | 07/24 | 0.28 mi | Endymion Road, London, N4 | 2 | Flat | |
£3,000 | 07/24 | 0.29 mi | The Parkhouse, 3 Kayani Avenue, N4 | 2 | Flat | |
£2,900 | 05/24 | 0.29 mi | Coster Avenue, London | 2 | Flat | |
£3,300 | 07/24 | 0.3 mi | Willowbrook House, Coster Avenue, Hackney, N4 | 2 | Flat | |
£2,800 | 06/24 | 0.3 mi | Coster Avenue, Manor House, N4 2WP | 2 | Flat |
Local Area Statistics
Population in N4 | 46,27746,277 |
Population in London | 4,771,9214,771,921 |
Town centre distance | 3.15 miles away3.15 miles away |
Nearest school | 0.20 miles away0.20 miles away |
Nearest train station | 0.16 miles away0.16 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | -6%-6% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +18%+18% |
Property History
Listed for £350,000
November 18, 2024
Floor Plans

Description
- Council Tax Band A, Leasehold +
- 18 December 2006 expiring on 9 December 2115 +
- Ground Rent £108 Per Year Service Charge £2376 Per Year +
- Two Bedrooms +
- Spacious Living Room with Space for Dining +
- Kitchen +
- Bathroom & Separate W.C +
- Excellent location, Zone 2 Piccadilly Line only 2 minutes walk +
- Viewing Advised +
This spacious flat has plenty of natural throughout, two bedrooms and a spacious lounge leading to a private terrace with great views. An Ideal property for first time buyers looking for a vibrant location with excellent transport links.
This spacious flat is located in Woodberry Down with close proximity to a range of amenities, shopping facilities, food/drink establishments and more. The area also offers excellent road and transport links for travel both locally and further afield.
The accommodation briefly comprises a welcoming entrance way, a spacious living room and a fitted kitchen. The hallway goes through to two well-proportioned bedrooms and bathroom with separate W.C
This home is an excellent find. We anticipate a high amount of interest and as such we would recommend that any interested buyers inquire to arrange a viewing at the earliest convenience to ensure the opportunity is not missed.
Premium Fast Sale
The innovative Premium Fast Sale Plus method from Springbok Properties is a secure and straightforward way to buy property. It works like a typical sale, with a number of added benefits to the buyer.
Benefits
o Carefully implemented security measures
o A speedy process
o Realistically priced properties
o A Buy it Now option (ask for further information on this feature from our advisors)
o A significantly reduced chance of fall-throughs
o No risk of being "gazumped"
o The full focus of our highly motivated team
Springbok Properties' Premium Fast Sale Plus puts you in the driving seat thanks to our fast and secure methods.
All properties are competitively priced and carefully managed by motivated sellers for a quick, stress-free transaction.
Deposit
Sales can be secured with a reservation deposit of £5,000. This forms part of the final purchase price and is NOT an extra cost.
This deposit ensures that the property is taken off the market as soon as a sale is agreed. It is then exclusively reserved for you, eliminating gazumping, time wasting and financial loss.
An administration fee of £396 is required in order to draw up an exclusive legally binding contract between the buyer and seller. This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.
Exclusivity
Following the payment of the above amount, Springbok Properties will facilitate a fixed exclusivity period (approximately 12 weeks). During this time, surveys should be arranged and preparations made for the exchange of contracts. The property will be reserved, so there will be no risk of gazumping.
Process
Our Premium Fast Sale Plus follows the below process:
STEP 1 - Register your interest
STEP 2 - Prepare your finances for the purchase
STEP 3 - Arrange a viewing
STEP 4 - Make an offer
STEP 5 - Secure your sale using our secure system
STEP 6 - Exchange and complete
Don't miss out on the chance to purchase this property. Call us today for further information and to arrange a viewing.
If you're interested in this property, we urge you to contact us immediately to arrange an early viewing and get the process started. This will help you to avoid missing out on this opportunity.
Springbok Properties' innovative Premium Fast Sale Plus is a secure and straightforward way to buy property.
Please note: to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.
Please call us now to book an appointment.
We highly recommend early viewing as this property is priced relatively low and is likely to generate quite an interest.
Please call us now to book an appointment.
Call Recording
Please note to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.
Disclaimer
Springbok Properties for itself and the Vendors or lessors of properties for whom they act give notice that:
The details shown on this website are a general outline for the guidance of intending purchasers, and do not constitute, nor constitute part of, an offer or contract or sales particulars. All descriptions, dimensions, references to condition and other details are given in good faith and are believed to be correct but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection, searches, survey, enquiries or otherwise as to their correctness. We have not been able to test any of the building service installations and recommend that prospective purchasers arrange for a qualified person to check them before entering into any commitment. Further, any reference to, or use of any part of the properties is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.
TENURE
To be confirmed by the Vendor's Solicitors
Note
The price given is a marketing price and not an indication of the property's market value. The vendor like any seller is looking to achieve the maximum price possible. Hence, by making an enquiry on this property, you recognise and understand that this property is strictly offers in excess of the marketing price provided.
How to View this Property
Viewing is strictly by appointment please call us now for bookings.
AML REGULATIONS & PROOF OF FUNDING: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted. We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale.
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