5 Bed Semi-Detached House, Refurb/BRRR, London, N3 1TB, £925,000

11 STATION ROAD, FINCHLEY, LONDON, N3 2SB - 15 views - 4 months ago

Sold STC

Refurb/BRRR

~185 m²

+8 photos

ValuationFair Value

Sold Prices	£787.5K - £2.3M
Sold Prices/m²	£4.8K/m² - £11K/m²

Square Metres	~185.30 m²
Price/m²	£5K/m²
Value Estimate	£943,500£943,500

End Value (After Refurb)	£1,338,278£1,338,278
Uplift in Value	+45%+45%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£231,250£231,250
Stamp Duty & Legal Fees	£62,700£62,700
Refurb Costs	£98,030£98,030
Bridging Loan Interest	£24,281£24,281
Total Cash In	£418,011£418,011

Cash Out
Monetisation	FlipRefinance & RentFlip
Estimated Sale Price	£1,338,278£1,338,278
Agent Fees (1%)	£13,383£13,383
Bridging Loan	£693,750£693,750
Bridging Loan Interest	£24,281£24,281
Flip Profit	£213,134£213,134

Local Sold Prices

50 sold prices from £787.5K to £2.3M, average is £1.4M. £4.8K/m² to £11K/m², average is £7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£1.4M	03/23	0.14 mi	3, Clifton Avenue, London, Greater London N3 1BN	£7,609	184	5	Semi-Detached House
£1.5M	06/21	0.16 mi	22, Clifton Avenue, London, Greater London N3 1BN	£10,968	137	5	Detached House
£1.2M	02/21	0.22 mi	13, Claremont Park, London, Greater London N3 1TG	£6,200	200	5	Semi-Detached House
£2.3M	09/22	0.23 mi	12, Hendon Avenue, London, Greater London N3 1UE	£10,086	223	5	Detached House
£955K	12/20	0.41 mi	20, Oakdene Park, London, Greater London N3 1EU	£5,520	173	5	Semi-Detached House
£985K	09/21	0.41 mi	18, Lansdowne Road, London, Greater London N3 1ES	£7,012	140	5	Semi-Detached House
£1.3M	01/21	0.48 mi	2, Finchley Way, London, Greater London N3 1AG	£5,434	244	5	Semi-Detached House
£1.5M	03/23	0.48 mi	1, Finchley Way, London, Greater London N3 1AG	£8,244	177	5	Detached House
£1.0M	09/21	0.5 mi	5, Hervey Close, London, Greater London N3 2HG	£5,976	169	5	Semi-Detached House
£955K	12/21	0.51 mi	23, Falkland Avenue, London, Greater London N3 1QR	£5,618	170	5	Terraced House
£787.5K	05/21	0.53 mi	10, Wickliffe Avenue, London, Greater London N3 3EJ	-	-	5	Terraced House
£1.4M	06/21	0.54 mi	33, North Crescent, London, Greater London N3 3LL	-	-	5	Detached House
£910K	04/21	0.57 mi	26, Princes Avenue, London, Greater London N3 2DB	£6,107	149	5	Terraced House
£945K	06/21	0.57 mi	38, Princes Avenue, London, Greater London N3 2DB	-	-	5	Terraced House
£1.1M	01/21	0.59 mi	3, Mountfield Road, London, Greater London N3 3ND	£5,779	199	5	Semi-Detached House
£1.3M	03/21	0.59 mi	59, Templars Crescent, London, Greater London N3 3QR	£8,929	140	5	Semi-Detached House
£825K	11/20	0.59 mi	8, Aberdare Gardens, London, Greater London NW7 1DS	£5,428	152	5	Semi-Detached House
£1.1M	11/22	0.59 mi	31, Kingsbridge Drive, London, Greater London NW7 1GH	£5,759	191	5	Detached House
£1.2M	03/21	0.61 mi	13, Templars Crescent, London, Greater London N3 3QR	£6,649	185	5	Semi-Detached House
£2.0M	02/22	0.62 mi	4, Surrey Close, London, Greater London N3 3EF	£6,388	313	5	Detached House
£1.5M	07/23	0.64 mi	36, Long Lane, London, Greater London N3 2PU	£6,608	227	5	Semi-Detached House
£1.2M	11/20	0.64 mi	11, Holmwood Gardens, London, Greater London N3 3NS	£8,054	149	5	Semi-Detached House
£880K	01/23	0.68 mi	75, Holders Hill Drive, London, Greater London NW4 1NN	-	-	5	Semi-Detached House
£800K	02/21	0.69 mi	28, Vines Avenue, London, Greater London N3 2QD	-	-	5	Semi-Detached House
£990K	10/22	0.7 mi	5, Ridge Close, London, Greater London NW4 1ER	£5,294	187	5	Semi-Detached House
£1.4M	12/22	0.7 mi	4, Ridge Close, London, Greater London NW4 1ER	£7,043	196	5	Semi-Detached House
£1.5M	02/21	0.7 mi	14, Holly Park Gardens, London, Greater London N3 3NJ	£7,009	219	5	Semi-Detached House
£2.0M	09/21	0.72 mi	12, Allandale Avenue, London, Greater London N3 3PJ	£8,252	246	5	Detached House
£1.6M	07/23	0.73 mi	14, Manor Hall Avenue, London, Greater London NW4 1NX	£7,664	214	5	Detached House
£1.2M	07/23	0.74 mi	87, Windermere Avenue, London, Greater London N3 3RD	£8,541	138	5	Semi-Detached House
£900K	12/22	0.76 mi	7, Holders Hill Avenue, London, Greater London NW4 1EN	£6,338	142	5	Semi-Detached House
£1.2M	01/23	0.78 mi	31, East End Road, London, Greater London N3 2TA	-	-	5	Semi-Detached House
£1.4M	06/21	0.79 mi	94, Windermere Avenue, London, Greater London N3 3RA	-	-	5	Semi-Detached House
£2.1M	07/22	0.79 mi	8, Amberden Avenue, London, Greater London N3 3BJ	£7,122	298	5	Detached House
£1.6M	02/21	0.8 mi	8, Manor Hall Drive, London, Greater London NW4 1PB	£5,962	260	5	Detached House
£900K	06/21	0.8 mi	36, Essex Park, London, Greater London N3 1NE	£4,762	189	5	Semi-Detached House
£1.8M	08/21	0.83 mi	3, Kingsgate Avenue, London, Greater London N3 3DH	-	-	5	Detached House
£2.2M	06/22	0.83 mi	34, Beechwood Avenue, London, Greater London N3 3AX	£8,371	264	5	Detached House
£1.4M	06/22	0.84 mi	40, Cissbury Ring South, London, Greater London N12 7BE	£10,177	138	5	Detached House
£1.6M	03/23	0.85 mi	97, Etchingham Park Road, London, Greater London N3 2ED	-	-	5	Detached House
£1.4M	02/21	0.86 mi	32, Kingsgate Avenue, London, Greater London N3 3BH	£10,720	132	5	Semi-Detached House
£2.0M	03/23	0.86 mi	51, Etchingham Park Road, London, Greater London N3 2EB	-	-	5	Detached House
£2.3M	02/23	0.86 mi	20, Parklands Drive, London, Greater London N3 3HA	£8,745	259	5	Detached House
£2.0M	12/21	0.86 mi	17, Parklands Drive, London, Greater London N3 3HA	£9,950	201	5	Detached House
£1.0M	09/22	0.87 mi	22, Cissbury Ring South, London, Greater London N12 7BE	-	-	5	Semi-Detached House
£1.1M	03/21	0.88 mi	18, Poynings Way, London, Greater London N12 7LP	-	-	5	Detached House
£1.6M	10/23	0.89 mi	42, Ashley Lane, London, Greater London NW4 1HG	-	-	5	Detached House
£1.5M	11/20	0.89 mi	51, Beechwood Avenue, London, Greater London N3 3BB	£7,520	199	5	Detached House
£1.4M	01/21	0.89 mi	41, Beechwood Avenue, London, Greater London N3 3BB	£5,988	242	5	Semi-Detached House
£1.1M	06/21	0.9 mi	80, Cissbury Ring South, London, Greater London N12 7BD	£5,619	194	5	Semi-Detached House

Local Rents

50 rents from £1.9K/mo to £17.5K/mo, average is £2.9K/mo.

Rent	Date	Distance	Address	Beds	Type
£4,500	07/24	0.05 mi	Finchley, London, N3	6	Detached House
£3,100	07/24	0.08 mi	-	4	Flat
£2,850	10/24	0.08 mi	-	3	Flat
£3,800	06/24	0.09 mi	Dollis Park, Finchley, London, N3	3	Detached House
£3,800	06/24	0.1 mi	Dollis Park, Finchley	3	House
£3,800	06/24	0.1 mi	Dollis Park, London N3	3	Detached House
£2,600	06/24	0.12 mi	Dollis Park, Finchley, London, N3	3	Detached House
£3,950	06/24	0.12 mi	Abercorn Road, Mill Hill East, London, NW7	4	Flat
£2,750	07/24	0.13 mi	-	3	Flat
£2,750	06/24	0.13 mi	The Lintons, London, N3	3	Flat
£4,250	06/24	0.13 mi	Abercorn Road, Mill Hill	5	Detached House
£3,750	07/24	0.13 mi	Abercorn Road, Mill Hill	5	Detached House
£2,999	06/24	0.18 mi	-	3	Flat
£2,850	07/24	0.19 mi	Dollis Road, London, N3	4	Flat
£2,650	07/24	0.19 mi	Dollis Road, London, N3	4	Flat
£3,042	05/24	0.19 mi	Dollis Avenue, Finchley, N3	3	Flat
£2,750	06/24	0.19 mi	Dollis Avenue, Finchley, N3	3	Flat
£2,300	05/24	0.2 mi	Crescent Road, Finchley, N3 1HP	3	Flat
£2,300	05/24	0.2 mi	Crescent Road, Finchley Central, N3	3	Flat
£2,200	06/24	0.21 mi	Crescent Road, Finchley, London, N3	3	Flat
£2,600	06/24	0.21 mi	Dollis Road, London, NW7	3	Semi-Detached House
£4,000	05/24	0.21 mi	Priory Close, Finchley, N3	6	Flat
£2,900	06/24	0.22 mi	-	3	Semi-Detached House
£4,250	08/24	0.22 mi	Lyndhurst Garden, Finchley, N3	6	Semi-Detached House
£1,995	01/25	0.22 mi	-	3	Flat
£2,700	09/24	0.23 mi	-	3	Bungalow
£3,900	03/25	0.26 mi	-	3	Detached House
£2,400	05/24	0.28 mi	Nether street, Finchley central, London, N3 - GARDEN FLAT	3	Flat
£17,500	07/24	0.28 mi	Hendon Avenue, Finchley Central, N3	7	Detached House
£17,500	08/24	0.28 mi	Hendon Avenue, Finchley Central, N3	7	Detached House
£3,500	07/24	0.31 mi	Grosvenor Road, Finchley, N3	5	Terraced House
£2,700	06/24	0.31 mi	The Lintons, 26 Dollis Avenue, N3	3	Flat
£2,250	03/25	0.31 mi	-	3	Flat
£2,150	07/24	0.32 mi	Gordon Road, Finchley Central, N3	3	Flat
£2,000	05/24	0.32 mi	Gordon Road, London, N3 1EN	3	Flat
£2,200	05/24	0.34 mi	-	3	Flat
£2,000	03/25	0.34 mi	-	3	Flat
£5,000	05/24	0.34 mi	St Mary's Avenue, Finchley, N3	6	Detached House
£2,950	06/24	0.35 mi	Devonshire Road, Mill Hill, NW7	4	Semi-Detached House
£3,000	05/24	0.35 mi	Nether Street, Finchley, N3	4	Detached House
£2,100	07/24	0.35 mi	The Grove, London, N3	3	Flat
£3,000	06/24	0.36 mi	Village Road, Finchley	3	Semi-Detached House
£3,500	08/24	0.36 mi	Grosvenor Road, Finchley	5	House
£2,000	05/24	0.36 mi	Grosvenor Road, London, N3	3	Flat
£2,700	06/24	0.36 mi	Devonshire Road, Mill Hill, NW7	3	Detached House
£3,000	06/24	0.37 mi	Regents Park Road, Finchley, London, N3	3	Flat
£2,250	05/24	0.38 mi	Hervey Close, Finchley Central, N3 2HD	4	Flat
£1,950	05/24	0.39 mi	Grosvenor Court, Grosvenor Road, Finchley, London, N3	3	Flat
£2,950	08/24	0.39 mi	Grosvenor Road, London, N3	3	Flat
£3,050	08/24	0.39 mi	Devonshire Road NW7, Mill Hill East, London, NW7	4	Terraced House

Local Area Statistics

Population in N3	26,58426,584
Population in London	4,771,9214,771,921
Town centre distance	6.61 miles away6.61 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.43 miles away0.43 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-30%-30%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+19%+19%

Property History

Listed for £925,000

November 25, 2024

Floor Plans

Description

Desirable Location +
Edwardian Semi Detached +
Three Reception Rooms +
Five Bedrooms +
Two Bathrooms +
South East Facing Garden +
Side Access Pathway +
Family Home +

Five bedroom EDWARDIAN semi detached house with 3 reception rooms, two bathrooms and off street parking for one car in need of modernising. Situated on this quiet, residential tree-lined street located between Dollis Park and Hendon Avenue in Finchley.

Plenty of local amenities can be found nearby in Finchley Central, including supermarkets, restaurants, bars, coffee shops, cafes and banks. There are a number of Primary and Secondary Schools nearby, along with open green spaces and Golf Clubs.

Finchley Central (Northern Line) Underground Station can be found 0.5 mile away, providing excellent transport links with fast and easy access in to Central London. There are also a number of major bus routes available.

By road, the A1 and A406 roads are easily accessible, providing access across London along with further connections to the M1 and M25 motorways.

Sole Agents

Agent Details

Finchleys, Finchley

020 3909 7047

Next Steps?

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

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