This property was removed from Dealsourcr.
3 Bed Flat, Motivated Seller, London, N1 6PL, £415,000
ValuationUndervalued
| Sold Prices | £372.5K - £1.6M |
| Sold Prices/m² | £4.6K/m² - £11.5K/m² |
| |
Square Metres | ~93 m² |
| Price/m² | £4.5K/m² |
Value Estimate | £514,600£514,600 |
| BMV | 24% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £103,750£103,750 |
Stamp Duty & Legal Fees | £21,900£21,900 |
Total Cash In | £125,650£125,650 |
| |
Cash Out | |
Rent Range | £2,200 - £7,600£2,200 - £7,600 |
Rent Estimate | £2,363 |
Running Costs/mo | £1,789£1,789 |
Cashflow/mo | £574£574 |
Cashflow/yr | £6,882£6,882 |
ROI | 5%5% |
Gross Yield | 7%7% |
Local Sold Prices
50 sold prices from £372.5K to £1.6M, average is £513.5K. £4.6K/m² to £11.5K/m², average is £6.6K/m².
| Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
| £526.5K | 11/20 | 0.07 mi | 14, Purcell Street, London, Greater London N1 6RD | £5,542 | 95 | 3 | Flat | |
| £500K | 06/21 | 0.11 mi | 21, Myrtle Walk, London, Greater London N1 6QF | - | - | 3 | Flat | |
| £495K | 11/23 | 0.13 mi | Flat 8, John Parry Court, Hare Walk, London, Greater London N1 6RN | - | - | 3 | Flat | |
| £450K | 03/21 | 0.17 mi | Flat 48, Hemsworth Court, Hobbs Place Estate, London, Greater London N1 5LD | - | - | 3 | Flat | |
| £410K | 03/21 | 0.23 mi | Flat 31, Finn House, Bevenden Street, London, Greater London N1 6BN | - | - | 3 | Flat | |
| £490K | 03/21 | 0.28 mi | Flat 549, Fellows Court, Weymouth Terrace, London, Greater London E2 8LF | - | - | 3 | Flat | |
| £482K | 03/23 | 0.32 mi | Flat 2, Evelyn Court, Evelyn Walk, London, Greater London N1 7PJ | - | - | 3 | Flat | |
| £560K | 01/21 | 0.35 mi | 19, Pelter Street, London, Greater London E2 7PE | £6,512 | 86 | 3 | Flat | |
| £500K | 02/23 | 0.36 mi | Flat 214, Fellows Court, Weymouth Terrace, London, Greater London E2 8LJ | - | - | 3 | Flat | |
| £515K | 12/20 | 0.36 mi | Flat 273, Fellows Court, Weymouth Terrace, London, Greater London E2 8LL | - | - | 3 | Flat | |
| £372.5K | 09/21 | 0.37 mi | Flat 34, Fellows Court, Weymouth Terrace, London, Greater London E2 8LP | - | - | 3 | Flat | |
| £379K | 02/23 | 0.41 mi | Flat 83, Bletchley Court, Wenlock Street, London, Greater London N1 7NY | - | - | 3 | Flat | |
| £485K | 06/21 | 0.42 mi | 55, Old Market Square, London, Greater London E2 7PQ | £6,775 | 72 | 3 | Flat | |
| £475K | 09/21 | 0.43 mi | Flat 19, Linale House, Murray Grove, London, Greater London N1 7QH | - | - | 3 | Flat | |
| £440K | 04/23 | 0.43 mi | Flat 34, Brunswick House, Thurtle Road, London, Greater London E2 8PJ | - | - | 3 | Flat | |
| £562.5K | 02/21 | 0.43 mi | Flat 4, Wingfield House, Virginia Road, London, Greater London E2 7LZ | - | - | 3 | Flat | |
| £447.5K | 03/21 | 0.44 mi | 13a, Ravenscroft Street, Bethnal Green, London, Greater London E2 7SH | £5,432 | 82 | 3 | Flat | |
| £605K | 05/21 | 0.45 mi | Flat 9, Datchet House, Virginia Road, London, Greater London E2 7ND | - | - | 3 | Flat | |
| £390K | 02/21 | 0.46 mi | Flat 50, St Brelades Court, De Beauvoir Estate, London, Greater London N1 5TW | £4,588 | 85 | 3 | Flat | |
| £500K | 03/23 | 0.51 mi | 97, Laburnum Street, London, Greater London E2 8BD | £5,618 | 89 | 3 | Flat | |
| £1.0M | 02/23 | 0.55 mi | Flat 30, Spenlow Apartments, Wenlock Road, London, Greater London N1 7GH | - | - | 3 | Flat | |
| £472.5K | 04/21 | 0.57 mi | 7, Tomlinson Close, London, Greater London E2 7LJ | £6,217 | 76 | 3 | Flat | |
| £915K | 11/21 | 0.64 mi | 29b, Cleveland Road, London, Greater London N1 3ES | £10,640 | 86 | 3 | Flat | |
| £452K | 06/21 | 0.64 mi | Flat 123, Regents Court, Pownall Road, London, Greater London E8 4QA | - | - | 3 | Flat | |
| £452K | 06/21 | 0.64 mi | Flat 123, Regents Court, Pownall Road, London, Greater London E8 4QA | - | - | 3 | Flat | |
| £599K | 03/21 | 0.66 mi | 5a, Brownlow Road, London, Greater London E8 4NS | - | - | 3 | Flat | |
| £530K | 09/23 | 0.66 mi | Flat 7, Swanage Court, Hertford Road, London, Greater London N1 4SL | - | - | 3 | Flat | |
| £1.1M | 04/24 | 0.66 mi | 45a, Almorah Road, London, Greater London N1 3ER | - | - | 3 | Flat | |
| £450K | 01/21 | 0.67 mi | Flat 7, Mcdougall House, Turin Street, London, Greater London E2 6BE | - | - | 3 | Flat | |
| £466.5K | 02/23 | 0.67 mi | Flat 21, Wyndham Deedes House, Hackney Road, London, Greater London E2 7AU | - | - | 3 | Flat | |
| £640K | 09/21 | 0.68 mi | Flat 8, Quaker Court, Banner Street, London, Greater London EC1Y 8QA | - | - | 3 | Flat | |
| £735K | 02/21 | 0.68 mi | Flat 6, Dorset Court, Hertford Road, London, Greater London N1 4SD | - | - | 3 | Flat | |
| £470K | 02/21 | 0.68 mi | 9b, Brownlow Road, London, Greater London E8 4NS | £6,267 | 75 | 3 | Flat | |
| £642K | 01/23 | 0.69 mi | Flat 15, Dorset Court, Hertford Road, London, Greater London N1 4SD | - | - | 3 | Flat | |
| £385K | 01/23 | 0.69 mi | Flat 1, Benn House, Turin Street, London, Greater London E2 6AX | - | - | 3 | Flat | |
| £585K | 06/22 | 0.72 mi | Flat 58, Quaker Court, Banner Street, London, Greater London EC1Y 8QB | - | - | 3 | Flat | |
| £600K | 02/23 | 0.72 mi | Ground Floor Flat, 147, Goldsmiths Row, London, Greater London E2 8QR | £9,231 | 65 | 3 | Flat | |
| £750K | 07/22 | 0.72 mi | Flat 25, Quaker Court, Banner Street, London, Greater London EC1Y 8QA | - | - | 3 | Flat | |
| £630K | 12/20 | 0.74 mi | 49, St Peters Close, London, Greater London E2 7AE | £8,182 | 77 | 3 | Flat | |
| £530K | 02/21 | 0.74 mi | 18, Lampern Square, London, Greater London E2 7AQ | £7,288 | 73 | 3 | Flat | |
| £770K | 10/23 | 0.75 mi | 34, Queensbury Street, London, Greater London N1 3AD | £10,405 | 74 | 3 | Flat | |
| £535K | 03/21 | 0.77 mi | Flat 27, Orwell Court, Pownall Road, London, Greater London E8 4PS | - | - | 3 | Flat | |
| £414K | 11/20 | 0.77 mi | 2, Elver Gardens, London, Greater London E2 7AZ | £5,750 | 72 | 3 | Flat | |
| £1.1M | 02/21 | 0.77 mi | 18a, Oakley Road, London, Greater London N1 3LS | £7,847 | 144 | 3 | Flat | |
| £1.6M | 12/23 | 0.77 mi | 18a, Oakley Road, London, Greater London N1 3LS | £11,458 | 144 | 3 | Flat | |
| £458K | 02/23 | 0.79 mi | 10, Mansford Street, London, Greater London E2 7AJ | - | - | 3 | Flat | |
| £675K | 06/21 | 0.79 mi | Flat 66, Dinmont House, Pritchards Road, London, Greater London E2 9BW | - | - | 3 | Flat | |
| £530K | 01/23 | 0.8 mi | 26, Mansford Street, London, Greater London E2 7AJ | £6,235 | 85 | 3 | Flat | |
| £580K | 06/21 | 0.81 mi | 24, Wood Close, London, Greater London E2 6ET | £7,342 | 79 | 3 | Flat | |
| £512K | 12/20 | 0.81 mi | Flat 61, Dinmont House, Pritchards Road, London, Greater London E2 9BW | - | - | 3 | Flat |
Local Rents
50 rents from £2.2K/mo to £7.6K/mo, average is £3.1K/mo.
| Rent | Date | Distance | Address | Beds | Type | |
| £4,399 | 02/25 | 0 mi | - | 3 | Flat | |
| £4,250 | 03/25 | 0.01 mi | - | 3 | Flat | |
| £4,250 | 03/25 | 0.01 mi | - | 3 | Flat | |
| £3,300 | 12/24 | 0.05 mi | Falstaff House, London, N1 | 3 | Flat | |
| £3,500 | 12/24 | 0.05 mi | - | 3 | Flat | |
| £3,500 | 12/24 | 0.06 mi | - | 3 | Flat | |
| £3,500 | 03/25 | 0.06 mi | - | 3 | Flat | |
| £3,250 | 12/24 | 0.07 mi | Purcell Street, Hoxton, N1 | 3 | Flat | |
| £3,500 | 02/25 | 0.07 mi | - | 3 | Flat | |
| £2,750 | 05/24 | 0.07 mi | Macbeth House, Arden Estate, Hoxton | 3 | Flat | |
| £2,950 | 12/24 | 0.08 mi | - | 3 | Flat | |
| £2,500 | 12/24 | 0.11 mi | St. John's Estate, Buckland Court St. John's Estate, N1 | 3 | Flat | |
| £2,750 | 12/24 | 0.12 mi | - | 3 | Flat | |
| £3,000 | 12/24 | 0.12 mi | - | 3 | Flat | |
| £3,000 | 12/24 | 0.12 mi | - | 3 | Flat | |
| £3,000 | 12/24 | 0.12 mi | Crondall Court, London, N1 | 3 | Flat | |
| £2,950 | 12/24 | 0.14 mi | - | 3 | Flat | |
| £3,100 | 12/24 | 0.14 mi | John Parry Court, London, N1 | 3 | Flat | |
| £3,200 | 12/24 | 0.15 mi | Crondall Court, Hoxton, London, N1 | 3 | Flat | |
| £2,750 | 03/24 | 0.15 mi | Finn House, Bevenden Street, Hoxton, N1 | 3 | Flat | |
| £2,499 | 02/25 | 0.16 mi | - | 3 | Flat | |
| £2,500 | 02/25 | 0.16 mi | - | 3 | Flat | |
| £3,250 | 12/24 | 0.16 mi | - | 3 | Flat | |
| £3,250 | 12/24 | 0.16 mi | - | 3 | Flat | |
| £3,400 | 03/25 | 0.17 mi | - | 3 | Flat | |
| £2,650 | 12/24 | 0.17 mi | - | 3 | Flat | |
| £3,200 | 12/24 | 0.2 mi | - | 3 | Flat | |
| £3,200 | 12/24 | 0.2 mi | Nutttall Street, London, N1 | 3 | Flat | |
| £2,600 | 05/24 | 0.21 mi | Hobbs Place Estate, Hoxton, London, N1 | 3 | Flat | |
| £2,600 | 05/24 | 0.21 mi | Hobbs Place Estate, London | 3 | Flat | |
| £4,000 | 03/24 | 0.21 mi | Pearson Street, Hoxton, E2 | 3 | House | |
| £2,700 | 02/25 | 0.21 mi | - | 3 | Flat | |
| £2,700 | 02/25 | 0.21 mi | - | 3 | Flat | |
| £4,100 | 05/24 | 0.21 mi | The Bevenden, N1, Hoxton, London, N1 | 3 | Flat | |
| £4,000 | 05/24 | 0.21 mi | 3 Bedroom Flat – New North Road, Old Street N1 | 3 | Flat | |
| £3,495 | 12/24 | 0.21 mi | 3 Bedroom Flat – New North Road, Old Street N1 | 3 | Flat | |
| £3,200 | 12/24 | 0.22 mi | - | 3 | Flat | |
| £4,000 | 03/24 | 0.22 mi | Pearson Street, Hoxton, E2 | 3 | House | |
| £2,900 | 03/24 | 0.22 mi | Pearson Street, London, E2 | 3 | Flat | |
| £3,100 | 12/24 | 0.22 mi | - | 3 | Terraced House | |
| £3,100 | 12/24 | 0.22 mi | - | 3 | Terraced House | |
| £2,200 | 03/24 | 0.23 mi | Finn House, London, N1 | 3 | Flat | |
| £2,200 | 05/24 | 0.23 mi | - | 3 | Flat | |
| £2,350 | 01/25 | 0.23 mi | - | 3 | Flat | |
| £2,350 | 03/25 | 0.23 mi | - | 3 | Flat | |
| £4,975 | 12/24 | 0.24 mi | Mintern Street, London | 3 | Flat | |
| £2,800 | 02/25 | 0.24 mi | - | 3 | Flat | |
| £4,500 | 12/24 | 0.25 mi | The Spectrum Buildings, East Road, Islington, London, N1 | 3 | Flat | |
| £7,600 | 05/24 | 0.25 mi | Pitfield Street, London, N1 | 3 | Flat | |
| £3,900 | 05/24 | 0.25 mi | Pitfield Street | 3 | Flat |
Local Area Statistics
Population in N1 | 89,89389,893 |
Population in London | 4,771,9214,771,921 |
Town centre distance | 1.10 miles away1.10 miles away |
Nearest school | 0.10 miles away0.10 miles away |
Nearest train station | 0.16 miles away0.16 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +10%+10% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | -6%-6% |
Property History
Price changed to £415,000
December 25, 2024
Listed for £425,000
November 27, 2024
Description
- Council Tax Band B, Leasehold expiring on 19 September 2118 +
- Service Charge is £169 a month Ground Rent is £9 a year. +
- BRAND NEW Valliant Boiler with 10 year Warranty Installed December 2024 +
- Spacious Living Room +
- Balcony +
- Three Bedrooms +
- Convenient location +
- Viewing Advised +
- Close to a variety of shops, cafes, and restaurants including the famous Hoxton Street Market. +
Located in the vibrant neighbourhood of Hoxton, this three-bedroom flat is ideal for first-time buyers, young professionals, or small families, this property combines affordability with the convenience of city living.
BRAND NEW Valliant Boiler with 10 year Warranty Installed December 2024
This fifth floor apartment is located in Hoxton. Juliet House is moments from Hoxton Square with its extensive array of restaurants and fantastic bars. The bustle of Shoreditch and hot spots of Columbia Road, Brick Lane and Spitalfields Market are all close by as is financial heart of the City. Both Old Street Station (Northern Line and National Rail) and Hoxton Overground offer swift links to the City, West End and beyond.
BRAND NEW Valliant Boiler with 10 year Warranty Installed December 2024
The accommodation briefly comprises a welcoming entrance way, a spacious living room with balcony and a fitted kitchen. Three well-proportioned bedrooms with the master bedroom having an en-suite, bathroom and 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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