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3 Bed Terraced House, Refurb/BRRR, London, N17 9DY, £500,000

Thackeray Avenue, Tottenham N17 9DY - 7 views - 5 months ago

Refurb/BRRR
ROI: 4%
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£410K - £743.5K
Sold Prices/m²£3.9K/m² - £10.2K/m²

 

 

Square Metres

~93 m²
Price/m²£5.4K/m²

Value Estimate

£515,000
BMV3%

 

 

End Value (After Refurb)

£555,723

Uplift in Value

+11%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£28,700

Refurb Costs

£49,200

Bridging Loan Interest

£13,125

Total Cash In

£217,775

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£555,723

Mortgage (After Refinance)

£416,792

Mortgage LTV

75%

Cash Released

£41,792

Cash Left In

£175,983

Equity

£138,931

Rent Range

£1,900 - £4,000

Rent Estimate

£3,036

Running Costs/mo

£2,364

Cashflow/mo

£672

Cashflow/yr

£8,066

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £410K to £743.5K, average is £550K. £3.9K/m² to £10.2K/m², average is £5.9K/m².

PriceDateDistanceAddressBeds 
£600K06/230 mi46, Thackeray Avenue, London, Greater London N17 9DY3
£550K08/230 mi40, Thackeray Avenue, London, Greater London N17 9DY3
£510K04/210.02 mi27, Thackeray Avenue, London, Greater London N17 9DT3
£547.5K04/230.02 mi63, Dowsett Road, London, Greater London N17 9DL3
£565K10/230.05 mi29, Seymour Avenue, London, Greater London N17 9RE3
£525K01/210.05 mi8, Kimberley Road, London, Greater London N17 9BD3
£540K03/210.1 mi17, Parkhurst Road, London, Greater London N17 9RB3
£555K07/230.11 mi46, Mafeking Road, London, Greater London N17 9BG3
£520K06/210.11 mi6, Mafeking Road, London, Greater London N17 9BG3
£522.5K12/210.11 mi90, Seymour Avenue, London, Greater London N17 9ED3
£603K07/230.11 mi88, Seymour Avenue, London, Greater London N17 9ED3
£550K11/210.12 mi19, Rosebery Avenue, London, Greater London N17 9RY3
£550K09/210.13 mi76, Sherringham Avenue, London, Greater London N17 9RP3
£600K06/210.19 mi156, Thackeray Avenue, London, Greater London N17 9DX3
£610K06/230.19 mi133, Seymour Avenue, London, Greater London N17 9RH3
£555K01/230.21 mi31, Burlington Road, London, Greater London N17 9UH3
£477.5K11/210.21 mi127, Sherringham Avenue, London, Greater London N17 9RU3
£545K03/230.23 mi27, Dawlish Road, London, Greater London N17 9HN3
£517K01/210.23 mi37, Park View Road, London, Greater London N17 9AT3
£540K09/210.29 mi64, Scales Road, London, Greater London N17 9EZ3
£650K01/210.32 mi3, Newlyn Road, London, Greater London N17 6RX3
£420K05/230.34 mi5, Moorefield Road, London, Greater London N17 6PX3
£471K10/210.34 mi11, Moorefield Road, London, Greater London N17 6PX3
£625K09/220.36 mi25, Vicarage Road, London, Greater London N17 0BB3
£600K06/210.37 mi106, Lansdowne Road, Tottenham, London, Greater London N17 9XX3
£575K01/210.4 mi91, Woodside Gardens, London, Greater London N17 6UN3
£410K09/210.4 mi24, Fairbanks Road, London, Greater London N17 9JJ3
£640K06/230.42 mi85, The Avenue, Tottenham, London, Greater London N17 6TB3
£490K03/210.43 mi52, St Loy's Road, London, Greater London N17 6UD3
£620K03/230.43 mi96, St Loy's Road, London, Greater London N17 6UD3
£495K11/200.44 mi56, Birkbeck Road, Tottenham, London, Greater London N17 8NG3
£415K09/210.44 mi19, Asplins Road, London, Greater London N17 0NG3
£547K02/230.45 mi219, Lansdowne Road, Tottenham, London, Greater London N17 0NU3
£690K12/200.45 mi14, Radley Road, London, Greater London N17 6RL3
£513.5K04/210.46 mi25, Birkbeck Road, Tottenham, London, Greater London N17 8NH3
£630K06/210.46 mi71, Sperling Road, London, Greater London N17 6UJ3
£480K12/200.46 mi19, Bromley Road, London, Greater London N17 0AR3
£420.5K05/210.47 mi1, Manor Road, London, Greater London N17 0JH3
£627K12/200.47 mi45, Bruce Castle Road, London, Greater London N17 8NL3
£500K02/210.47 mi67, Bruce Castle Road, London, Greater London N17 8NL3
£640K03/210.48 mi80, Greyhound Road, London, Greater London N17 6XN3
£625K03/230.48 mi92, Greyhound Road, London, Greater London N17 6XN3
£738K06/230.5 mi114, Broadwater Road, London, Greater London N17 6ET3
£717.5K09/210.5 mi30, Steele Road, London, Greater London N17 6YA3
£450K01/210.52 mi4, Denmark Street, London, Greater London N17 0JL3
£572.5K03/210.52 mi27, Wimborne Road, London, Greater London N17 6EU3
£660K04/210.53 mi122, Arnold Road, London, Greater London N15 4JH3
£743.5K02/230.53 mi33, Arnold Road, Tottenham, London, Greater London N15 4JF3
£641K04/210.53 mi94, Antill Road, London, Greater London N15 4BA3
£535K05/230.54 mi4, Arnold Road, Tottenham, London, Greater London N15 4JG3

Local Rents

51 rents from £1.9K/mo to £4K/mo, average is £3.4K/mo.

RentDateDistanceAddressBeds 
£2,20005/240.02 miThackeray Avenue, Tottenham, London, N173
£2,10012/240.15 mi-3
£2,60003/250.18 mi-3
£2,25012/240.18 mi-3
£2,25012/240.18 miPark View Road, London, N173
£2,50006/240.2 miSt. Andrews Court, Scotland Green, Tottenham, N173
£2,50003/240.21 miPark View Road, London, N173
£2,00012/240.26 mi-3
£1,90006/240.28 miLansdowne Road, Tottenham N173
£2,35005/240.29 miScales Road, Tottenham, London3
£4,00001/250.29 mi-3
£3,00003/250.29 mi-3
£2,00002/240.29 mi-3
£2,10002/240.29 mi-3
£3,77505/240.29 miSessile Apartments, N17, Tottenham, London, N173
£2,25005/240.3 miNew Villas, Baronet Road,London,N173
£3,38006/240.3 miAshley Road, London N17 9NW3
£3,38006/240.3 miAshley Road, London N17 9NW3
£2,50012/240.31 mi-3
£3,58005/240.31 miAshley Road, London, N173
£3,58005/240.31 miAshley Road, London, N173
£3,58005/240.31 miAshley Road, London, N173
£3,60006/240.31 miAshley Road, London, N173
£3,60006/240.31 miAshley Road, London, N173
£3,61012/240.31 miAshley Road, London, N173
£3,60012/240.31 miAshley Road, London, N173
£3,82005/240.31 miThe Sessile, 18 Ashley Road, London, N17 9NT3
£3,69505/240.31 miThe Sessile, 18 Ashley Road, London, N17 9NW3
£3,80005/240.31 miThe Sessile, 18 Ashley Road, London, N17 9NT3
£3,61006/240.31 miThe Sessile, 18 Ashley Road, London, N17 9ZS3
£3,75506/240.31 miThe Sessile, 18 Ashley Road, London, N17 9ZS3
£3,58005/240.31 miAshley Road, London, N173
£3,78505/240.31 miSessile Apartments, Tottenham, London, N173
£3,72505/240.31 miSessile Apartments, Tottenham, London, N173
£3,58005/240.32 miThe Sessile, 18 Ashley Road, Tottenham Hale N173
£3,59005/240.32 miThe Sessile, 18 Ashley Road, Tottenham Hale N173
£3,53506/240.32 miAshley Road Tottenham Hale N173
£2,30012/240.34 mi-3
£2,39503/240.35 miShelbourne Road, Tottenham, N173
£3,60006/240.36 miAshley Road, London N17 9NW3
£3,50012/240.37 miLansdowne Rd, London, N173
£3,38006/240.38 miAshley Road, London N17 9NW3
£3,35006/240.38 miThe Gessner, Ashley Road, N17 9NW3
£3,34505/240.38 miThe Gessner, 3 Watermead Way, Tottenham Hale, N17 9QZ3
£3,49506/240.38 miThe Gessner, 3 Watermead Way, Tottenham Hale, N17 9QZ3
£3,49506/240.38 miThe Gessner, Ashley Road, N17 9NW3
£2,50005/240.39 mi-3
£2,50005/240.39 mi-3
£2,70005/240.39 mi-3
£2,20002/250.39 mi-3
£3,38006/240.42 miAshley Road, London N17 9NW3

Links

Local Area Statistics

Population in N17

62,843

Population in London

4,771,921

Town centre distance

4.96 miles away

Nearest school

0.10 miles away

Nearest train station

0.28 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £500,000

November 18, 2024

Description

  • Freehold +
  • Three Bedrooms +
  • No Onward Chain +
  • Two Reception Rooms +
  • Upstairs Bathroom +
  • Garden +
  • Superb Location +
  • In Need Of Modernisation +

*GUIDE PRICE £500,000 - £550,000*

Cul-de-Sac Residential are pleased to present this cosy three bedroom 1930s mid-terrace.

Perfect for first-time buyers and growing families, this property offers a prime opportunity to create a personalised home within a vibrant community.

Located in the heart of Tottenham, Bruce Grove offers unparalleled convenience and accessibility. Residents will enjoy easy access to the rapidly evolving Tottenham Hale, the iconic White Hart Lane, and the bustling Seven Sisters area. Nearby Bruce Castle Park provides a cherished green oasis for relaxation and recreation.

The property is ideally situated near Bruce Grove Overground Station and Tottenham Hale Underground Station (Victoria Line & Stansted Express), ensuring direct links to Stansted Airport, Oxford Street, Liverpool Street, and the City. Embrace the perfect blend of urban living and community charm in this exceptional location.

what3words /// hired.whips.sorry

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

Cul-de-Sac Residential, London

020 3912 8037

Next Steps?

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

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