2 Bed Flat, Single Let, London, N3 1NF, £350,000

Ballards Lane, Finchley Central, London, N3 1NF - 1 views - 5 months ago

BTL
ROI: 2%
~59 m²
+4 photos

ValuationUndervalued

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

 

 

Square Metres

~58.90 m²
Price/m²£5.9K/m²

Value Estimate

£391,284
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£23,700

Total Cash In

£111,200

 

 

Cash Out

 

Rent Range

£1,500 - £2,500

Rent Estimate

£1,600

Running Costs/mo

£1,434

Cashflow/mo

£166

Cashflow/yr

£1,995

ROI

2%

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 
£454K10/220.02 miFlat 33, Finchley Court, Ballards Lane, Finchley, London, Greater London N3 1NH2
£423K07/230.03 miFlat 76, Finchley Court, Ballards Lane, Finchley, London, Greater London N3 1NJ2
£412.5K02/210.05 miFlat 1, Finchley Court, Ballards Lane, Finchley, London, Greater London N3 1NH2
£237.4K01/230.06 miFlat 5, The Fountains, Ballards Lane, Finchley, London, Greater London N3 1NL2
£415K09/230.06 mi18, Burnbrae Close, London, Greater London N12 8PH2
£390K11/200.06 mi18, Burnbrae Close, London, Greater London N12 8PH2
£347K10/200.07 mi214c, Ballards Lane, London, Greater London N3 2LX2
£273.8K03/210.08 miFlat 5, Spencer Court, Granville Road, London, Greater London N12 0HN2
£368.1K11/210.08 mi261b, Ballards Lane, London, Greater London N3 1NG2
£500K11/220.13 mi2, Woodberry Gardens, London, Greater London N12 0HD2
£400K03/210.13 mi14a, Brownlow Road, London, Greater London N3 1NA2
£472K12/220.15 miFlat 21, Etchingham Court, Etchingham Park Road, London, Greater London N3 2EA2
£490K06/210.16 miFlat A, 3, Etchingham Park Road, London, Greater London N3 2DU2
£537K12/200.18 mi4b, Thyra Grove, London, Greater London N12 8HD2
£485K10/230.19 mi27b, Granville Road, London, Greater London N12 0HP2
£430K01/210.23 miFlat 8, The Laurels, Nether Street, London, Greater London N3 1NP2
£398K06/230.23 miFlat 13, Western Court, Huntly Drive, London, Greater London N3 1NX2
£620K06/210.3 mi4, Howcroft Crescent, London, Greater London N3 1PB2
£340K10/200.31 miFlat 3, Albany Court, Alexandra Grove, London, Greater London N12 8NN2
£360K04/210.32 mi61, Bow Lane, London, Greater London N12 0JL2
£400K12/200.32 mi24, Hutton Grove, London, Greater London N12 8DT2
£470K02/230.33 mi34, Hutton Grove, London, Greater London N12 8DT2
£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
£327.5K06/210.36 mi597a, High Road, London, Greater London N12 0DY2
£462.5K04/210.38 mi16a, Rosemont Avenue, London, Greater London N12 0BX2
£475K06/210.38 mi10, Falkland Avenue, London, Greater London N3 1QR2
£472K04/210.38 mi2a, Falkland Avenue, London, Greater London N3 1QR2
£440K03/210.4 mi7a, Woodlands Avenue, London, Greater London N3 2NS2
£489K12/200.4 mi11, Woodlands Avenue, London, Greater London N3 2NS2
£535K05/230.4 mi22, Woodlands Avenue, London, Greater London N3 2NR2
£340K01/240.42 mi626, High Road, London, Greater London N12 0NU2
£362K10/200.42 miGround Floor Flat, 687, High Road, London, Greater London N12 0DA2
£580K03/210.43 mi66, Princes Avenue, London, Greater London N3 2DB2
£550K12/220.43 mi62b, Princes Avenue, London, Greater London N3 2DB2
£410K09/210.43 miFlat 5, Gainsborough Court, Nether Street, London, Greater London N12 8AE2
£320K02/210.43 miFlat 18, Gainsborough Court, Nether Street, London, Greater London N12 8AE2
£415K06/210.43 miFirst Floor Flat, 60, Avondale Avenue, London, Greater London N12 8EN2
£340K10/230.45 miFlat 12, Gainsborough Court, Nether Street, London, Greater London N12 8AE2
£370K12/200.5 mi26, Springfield Close, London, Greater London N12 7NT2
£415K07/230.5 mi10, Springfield Close, London, Greater London N12 7NT2
£430K06/210.51 mi84, Grange Avenue, London, Greater London N12 8DJ2
£390K05/210.51 mi55, Long Lane, London, Greater London N3 2HY2
£515K06/210.51 mi95a, Long Lane, London, Greater London N3 2HY2
£380K05/230.51 mi83a, Long Lane, London, Greater London N3 2HY2
£422.5K07/230.51 mi19, Grange Avenue, London, Greater London N12 8DN2
£565K09/210.52 mi34, Redbourne Avenue, London, Greater London N3 2BS2
£568K06/210.52 mi57a, Gainsborough Road, London, Greater London N12 8AA2
£460K04/210.54 mi18, Grosvenor Road, London, Greater London N3 1EX2
£430K06/210.54 mi27a, Holden Road, London, Greater London N12 8HS2

Local Rents

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

RentDateDistanceAddressBeds 
£1,70002/240.02 miFinchley Court, Ballards Lane, Finchley, London, N32
£1,90006/240.03 miFinchley Court, Ballards Lane, Finchley2
£1,70005/240.04 miGranville Court, Granville Road, Finchley Central N12 0HL2
£1,90008/240.05 miBallards Lane Finchley Central N32
£1,85006/240.05 miBallards Lane, Finchley, N32
£1,75006/240.05 miRegent Court, Ballards Lane, London, N32
£1,75007/240.06 miBallards Lane, London2
£1,50006/240.11 miMoss Hall Grove, North Finchley, N12 8PJ2
£1,73404/250.11 mi-2
£1,73403/250.11 mi-2
£1,70003/250.13 mi-2
£1,75005/240.13 miSeymour Road London N32
£1,90005/240.13 miGranville Road, North Finchley, London, N122
£1,90005/240.13 miGranville Road, North Finchley, London, N122
£1,85007/240.14 miNigel Court, Seymour Road, Finchley, N32
£1,90001/250.14 mi-2
£1,90002/250.14 mi-2
£1,80005/240.14 miMoss Hall Gove, London, N122
£1,80005/240.14 mi-2
£1,85006/240.14 mi-2
£1,90003/250.14 mi-2
£1,60006/240.14 miMoss Hall Grove, Woodside Park, N122
£1,99506/240.15 miEtchingham Court, Etchingham Park Road, Finchley2
£2,29505/240.15 miBallards Lane, Finchley2
£2,35007/240.15 miBallards Lane, Finchley2
£1,70011/240.15 mi-2
£2,00005/240.16 miEtchingham Court, Finchley Central, N32
£1,97505/240.16 mi-2
£1,85006/240.16 miEtchingham Park Road London N32
£1,70005/240.16 miEtchingham Court, Etchingham Park Road, Finchley, N32
£1,70006/240.16 miEtchingham Court, Etchingham Park Road, Finchley, N32
£2,00007/240.18 miBallards Lane, Finchley2
£2,20005/240.19 miBallards Lane, London, N32
£2,50005/240.19 mi-2
£1,60012/240.2 miChislehurst Avenue, North Finchley, London, N122
£1,80005/240.21 mi-2
£1,70003/250.22 mi-2
£1,90005/240.23 miNether Street London N32
£1,80004/250.24 mi-2
£1,99501/250.24 mi-2
£2,00005/240.24 miBallards Lane, Finchley, N122
£1,95007/240.29 miBallards Lane, Finchley2
£1,95009/240.29 miBallards Lane, Finchley2
£1,95005/240.3 miBallards Lane, London, N32
£1,95005/240.3 mi-2
£2,05006/240.3 miAlbany Court, London, N122
£1,90006/240.3 miAlbany Court, London, N122
£1,90006/240.3 mi-2
£2,00007/240.31 miNether Street, Finchley. N32
£1,95003/250.32 mi-2

Local Area Statistics

Population in N3

26,584

Population in London

4,771,921

Town centre distance

6.48 miles away

Nearest school

0.10 miles away

Nearest train station

0.21 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 £350,000

January 23, 2025

Listed for £375,000

November 18, 2024

Floor Plans

Description

  • 2 bedroom duplex flat - AVAILABLE CHAIN FREE +
  • Water/sewage costs, buildings insurance and a significant 'sinking fund' form part of the Service Charge +
  • Secure underground parking +
  • Set over the ground and first floors +
  • Located within a secure block of flats +
  • Bright reception room with dining space +
  • 2 well-proportioned bedrooms +
  • Located moments from amenities and variety of transport links including West Finchley Undergrounds Station +

Ideally located close to both North Finchley and Finchley Central this spacious two bedroom duplex flat is arranged over two floors of a well-presented block.

Ballards Lane is perfectly situated close to the amenities of Regent's Park Road and North Finchley High Road as well as a range of transport links close by.

Please use the reference CHPK2660720 when contacting Foxtons.

Agent Details

Foxtons, North Finchley

020 3909 9684

Next Steps?

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