2 Bed Flat, Single Let, London, N3 2NA, £375,000

Ballards Lane, London, N3 2NA - 3 views - 4 months ago

Leasehold
BTL
ROI: 1%
~73 m²
+7 photos

ValuationUndervalued

Sold Prices£237.4K - £620K
Sold Prices/m²£5.1K/m² - £9.4K/m²

 

 

Square Metres

~73.26 m²
Price/m²£5.1K/m²

Value Estimate

£453,750
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£18,700

Total Cash In

£112,450

 

 

Cash Out

 

Rent Range

£1,500 - £2,500

Rent Estimate

£1,600

Running Costs/mo

£1,512

Cashflow/mo

£88

Cashflow/yr

£1,058

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £237.4K to £620K, average is £415K. £5.1K/m² to £9.4K/m², average is £6.7K/m².

PriceDateDistanceAddressBeds 
£273.8K03/210.04 miFlat 5, Spencer Court, Granville Road, London, Greater London N12 0HN2
£347K10/200.05 mi214c, Ballards Lane, London, Greater London N3 2LX2
£454K10/220.05 miFlat 33, Finchley Court, Ballards Lane, Finchley, London, Greater London N3 1NH2
£423K07/230.06 miFlat 76, Finchley Court, Ballards Lane, Finchley, London, Greater London N3 1NJ2
£368.1K11/210.07 mi261b, Ballards Lane, London, Greater London N3 1NG2
£415K09/230.08 mi18, Burnbrae Close, London, Greater London N12 8PH2
£390K11/200.08 mi18, Burnbrae Close, London, Greater London N12 8PH2
£237.4K01/230.08 miFlat 5, The Fountains, Ballards Lane, Finchley, London, Greater London N3 1NL2
£412.5K02/210.08 miFlat 1, Finchley Court, Ballards Lane, Finchley, London, Greater London N3 1NH2
£500K11/220.1 mi2, Woodberry Gardens, London, Greater London N12 0HD2
£472K12/220.12 miFlat 21, Etchingham Court, Etchingham Park Road, London, Greater London N3 2EA2
£490K06/210.13 miFlat A, 3, Etchingham Park Road, London, Greater London N3 2DU2
£485K10/230.15 mi27b, Granville Road, London, Greater London N12 0HP2
£400K03/210.16 mi14a, Brownlow Road, London, Greater London N3 1NA2
£537K12/200.18 mi4b, Thyra Grove, London, Greater London N12 8HD2
£430K01/210.26 miFlat 8, The Laurels, Nether Street, London, Greater London N3 1NP2
£398K06/230.26 miFlat 13, Western Court, Huntly Drive, London, Greater London N3 1NX2
£360K04/210.29 mi61, Bow Lane, London, Greater London N12 0JL2
£340K10/200.32 miFlat 3, Albany Court, Alexandra Grove, London, Greater London N12 8NN2
£400K12/200.32 mi24, Hutton Grove, London, Greater London N12 8DT2
£470K02/230.32 mi34, Hutton Grove, London, Greater London N12 8DT2
£327.5K06/210.33 mi597a, High Road, London, Greater London N12 0DY2
£620K06/210.33 mi4, Howcroft Crescent, London, Greater London N3 1PB2
£320K12/200.33 miFlat 16, Colman Court, Christchurch Avenue, London, Greater London N12 0DT2
£350K11/230.33 miFlat 9, Colman Court, Christchurch Avenue, London, Greater London N12 0DT2
£462.5K04/210.36 mi16a, Rosemont Avenue, London, Greater London N12 0BX2
£440K03/210.38 mi7a, Woodlands Avenue, London, Greater London N3 2NS2
£489K12/200.38 mi11, Woodlands Avenue, London, Greater London N3 2NS2
£535K05/230.38 mi22, Woodlands Avenue, London, Greater London N3 2NR2
£340K01/240.4 mi626, High Road, London, Greater London N12 0NU2
£475K06/210.4 mi10, Falkland Avenue, London, Greater London N3 1QR2
£472K04/210.4 mi2a, Falkland Avenue, London, Greater London N3 1QR2
£362K10/200.4 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
£410K09/210.45 miFlat 5, Gainsborough Court, Nether Street, London, Greater London N12 8AE2
£320K02/210.45 miFlat 18, Gainsborough Court, Nether Street, London, Greater London N12 8AE2
£415K06/210.45 miFirst Floor Flat, 60, Avondale Avenue, London, Greater London N12 8EN2
£340K10/230.47 miFlat 12, Gainsborough Court, Nether Street, London, Greater London N12 8AE2
£390K05/210.49 mi55, Long Lane, London, Greater London N3 2HY2
£515K06/210.49 mi95a, Long Lane, London, Greater London N3 2HY2
£380K05/230.49 mi83a, Long Lane, London, Greater London N3 2HY2
£318K04/210.51 miFlat 7, North Gates, High Road, London, Greater London N12 0AR2
£430K06/210.51 mi84, Grange Avenue, London, Greater London N12 8DJ2
£422.5K07/230.51 mi19, Grange Avenue, London, Greater London N12 8DN2
£565K09/210.52 mi34, Redbourne Avenue, London, Greater London N3 2BS2
£370K12/200.52 mi26, Springfield Close, London, Greater London N12 7NT2
£415K07/230.52 mi10, Springfield Close, London, Greater London N12 7NT2
£330K09/230.52 mi33a, Woodhouse Road, London, Greater London N12 9ET2
£416.5K02/230.52 miGround Floor Flat, 17, Squires Lane, London, Greater London N3 2AN2

Local Rents

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

RentDateDistanceAddressBeds 
£1,70005/240.01 miGranville Court, Granville Road, Finchley Central N12 0HL2
£1,85006/240.01 miBallards Lane, Finchley, N32
£1,70002/240.05 miFinchley Court, Ballards Lane, Finchley, London, N32
£1,75006/240.05 miRegent Court, Ballards Lane, London, N32
£1,90006/240.06 miFinchley Court, Ballards Lane, Finchley2
£1,75007/240.07 miBallards Lane, London2
£1,90008/240.08 miBallards Lane Finchley Central N32
£1,90005/240.1 miGranville Road, North Finchley, London, N122
£1,90005/240.1 miGranville Road, North Finchley, London, N122
£1,50006/240.1 miMoss Hall Grove, North Finchley, N12 8PJ2
£1,99506/240.11 miEtchingham Court, Etchingham Park Road, Finchley2
£1,75005/240.12 miSeymour Road London N32
£2,00005/240.12 miEtchingham Court, Finchley Central, N32
£1,97505/240.12 mi-2
£1,85006/240.13 miEtchingham Park Road London N32
£1,70005/240.13 miEtchingham Court, Etchingham Park Road, Finchley, N32
£1,70006/240.13 miEtchingham Court, Etchingham Park Road, Finchley, N32
£1,85007/240.14 miNigel Court, Seymour Road, Finchley, N32
£1,73404/250.14 mi-2
£1,73403/250.14 mi-2
£1,80005/240.15 miMoss Hall Gove, London, N122
£1,80005/240.15 mi-2
£1,85006/240.15 mi-2
£1,90003/250.15 mi-2
£1,70003/250.15 mi-2
£2,50005/240.16 mi-2
£1,60006/240.16 miMoss Hall Grove, Woodside Park, N122
£1,90001/250.16 mi-2
£1,90002/250.16 mi-2
£2,29505/240.16 miBallards Lane, Finchley2
£2,35007/240.16 miBallards Lane, Finchley2
£1,60012/240.17 miChislehurst Avenue, North Finchley, London, N122
£1,70011/240.18 mi-2
£2,00007/240.19 miBallards Lane, Finchley2
£2,20005/240.21 miBallards Lane, London, N32
£1,99501/250.21 mi-2
£1,80004/250.22 mi-2
£2,00005/240.23 miBallards Lane, Finchley, N122
£1,80005/240.24 mi-2
£1,70003/250.26 mi-2
£1,90005/240.26 miNether Street London N32
£1,95007/240.3 miBallards Lane, Finchley2
£1,95009/240.3 miBallards Lane, Finchley2
£2,50003/250.31 miAvenir Court | New Build Apartments Now Launched2
£2,05006/240.31 miAlbany Court, London, N122
£1,90006/240.31 miAlbany Court, London, N122
£1,90006/240.31 mi-2
£1,95005/240.32 miBallards Lane, London, N32
£1,95005/240.32 mi-2
£1,95003/250.32 mi-2

Local Area Statistics

Population in N3

26,584

Population in London

4,771,921

Town centre distance

6.45 miles away

Nearest school

0.20 miles away

Nearest train station

0.25 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 £375,000

December 30, 2024

Listed for £400,000

November 29, 2024

Floor Plans

Description

  • Chain Free +
  • Two Bedrooms +
  • Balcony +
  • Prime Location +
  • Recently Renovated +

SUMMARY
Situated on the vibrant Ballards Lane, this well-presented two-bedroom apartment offers comfort, space, and convenience in the heart of Finchley Central.

DESCRIPTION
The property features a separate modern kitchen with ample storage and worktop space, perfect for cooking and entertaining. The bright living room provides a welcoming space for relaxation and dining, with large windows letting in plenty of natural light.

Both bedrooms are generously sized and complemented by a stylish, contemporary bathroom with high-quality fittings.

Just a short walk from Finchley Central Station, the apartment offers excellent transport links alongside the convenience of local shops, cafes, and restaurants on your doorstep. With nearby green spaces adding to the appeal, this home is perfect for professionals, couples, or small families looking for a well-connected and vibrant location.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Barnard Marcus, North Finchley

020 3960 5010

Next Steps?

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