3 Bed Flat, Single Let, London, N22 5LY, £390,000

50 Granville Road, Tottenham, N22 - 2 views - 5 months ago

Leasehold
BTL
ROI: 5%
~80 m²
+10 photos

ValuationUndervalued

Sold Prices£390K - £565K
Sold Prices/m²£5.3K/m² - £8.8K/m²

 

 

Square Metres

~80 m²
Price/m²£4.9K/m²

Value Estimate

£483,600
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£97,500

Stamp Duty & Legal Fees

£19,900

Total Cash In

£117,400

 

 

Cash Out

 

Rent Range

£2,200 - £2,800

Rent Estimate

£2,206

Running Costs/mo

£1,680

Cashflow/mo

£526

Cashflow/yr

£6,313

ROI

5%

Gross Yield

7%

Local Sold Prices

21 sold prices from £390K to £565K, average is £480K. £5.3K/m² to £8.8K/m², average is £6.3K/m².

PriceDateDistanceAddressBeds 
£431.5K12/220.19 mi246, Lymington Avenue, London, Greater London N22 6JN3
£390K11/200.27 mi22, Acacia Road, London, Greater London N22 5SB3
£480K12/200.4 mi670a, Lordship Lane, London, Greater London N22 5JJ3
£515K06/210.4 mi125, Sirdar Road, London, Greater London N22 6QS3
£565K11/210.5 mi4a, Pellatt Grove, London, Greater London N22 5PL3
£540K12/200.5 mi60b, Rusper Road, London, Greater London N22 6RA3
£407K08/230.61 mi154, Maryland Road, London, Greater London N22 5AP3
£520K12/230.61 mi32b, Sylvan Avenue, London, Greater London N22 5HY3
£527K02/230.63 mi129, Maryland Road, London, Greater London N22 5AS3
£417K02/230.63 miGround Floor Flat, 117, Maryland Road, London, Greater London N22 5AS3
£425K04/210.66 mi210, Lyndhurst Road, London, Greater London N22 5AU3
£450K01/210.67 mi232, Lyndhurst Road, London, Greater London N22 5AU3
£505K09/210.67 mi33a, Carlingford Road, London, Greater London N15 3EJ3
£505K05/210.74 mi111, Lyndhurst Road, London, Greater London N22 5AX3
£520K11/200.77 miGround Floor Flat, 28, Alexandra Road, Hornsey, London, Greater London N8 0PP3
£437K06/210.87 mi27, Lascotts Road, London, Greater London N22 8JG3
£490K07/230.88 mi25, Palmerston Road, London, Greater London N22 8QH3
£442K02/230.92 miGround Floor Flat, 131, Mount Pleasant Road, London, Greater London N17 6TQ3
£515K01/230.93 mi163a, Harringay Road, London, Greater London N15 3HP3
£475K12/200.94 mi54, Handsworth Road, London, Greater London N17 6DE3
£475K11/200.95 mi87, Truro Road, London, Greater London N22 8DH3

Local Rents

46 rents from £2.2K/mo to £2.8K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,20005/240.03 mi-3
£2,60012/240.14 mi-3
£2,35007/240.15 miLeith Road, Wood Green, N223
£2,50003/250.15 mi-3
£2,40006/240.16 miGladstone Avenue, N22, Wood Green, London, N223
£2,47504/250.16 mi-3
£2,30006/240.17 miLordship Lane, Wood Green, N223
£2,25007/240.19 miLordship Lane, Wood Green3
£2,30003/250.19 mi-3
£2,50002/250.19 mi-3
£2,30003/250.19 mi-3
£2,30003/250.19 mi-3
£2,60004/250.21 mi-3
£2,30007/240.21 miFlat 6, Vera Court, Lordship Lane, London3
£2,60004/250.23 mi-3
£2,45007/240.25 miStirling Road, Wood Green, London3
£2,45005/240.26 miWinkfield Road London N223
£2,50012/240.26 mi-3
£2,60002/240.28 miHewitt Avenue, London, N223
£2,30012/240.29 mi-3
£2,75007/240.32 miRussell Avenue, Wood Green3
£2,35006/240.33 miWateville Road, London, N173
£2,40012/240.34 mi-3
£2,20001/250.34 mi-3
£2,70007/240.37 miLymington Avenue, London3
£2,75004/250.42 mi-3
£2,45007/240.43 miSirdar Road, London, N223
£2,32006/240.45 mi-3
£2,69006/240.47 miMowbray Court, London, N223
£2,69007/240.47 mi-3
£2,40001/250.49 mi-3
£2,80006/240.49 miShobden Road , London, N173
£2,35004/250.5 mi-3
£2,30004/250.5 mi-3
£2,60012/240.5 mi-3
£2,80003/250.53 mi-3
£2,40004/250.54 mi-3
£2,30007/240.54 miSylvan Avenue, Bounds Green, London, N223
£2,40006/240.55 mi-3
£2,50006/240.58 miArcadian Gardens, Wood Green, London, N223
£2,50006/240.58 miArcadian Gardens, Wood Green, London, N223
£2,50006/240.58 miArcadian Gardens, Wood Green, London, N223
£2,40012/240.6 mi-3
£2,70003/250.6 mi-3
£2,40005/240.61 mi-3
£2,40005/240.61 miWestbury Avenue, London, N223

Local Area Statistics

Population in N22

42,996

Population in London

4,771,921

Town centre distance

4.96 miles away

Nearest school

0.10 miles away

Nearest train station

0.58 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Balanced market

Capital growth (5yrs)

+9%

Property History

Listed for £390,000

December 3, 2024

Floor Plans

Description

  • Three Bedroom Flat +
  • First Floor +
  • Well Maintained Throughout +
  • Chain Free +
  • Double Bedrooms +
  • Seperate Kitchen & Living Room +
  • Shared Garden +
  • Excellent Location +
  • 0.6 Miles To Wood Green Underground Station +
  • EPC Rating : C +

Kings Group are delighted to present this charming 3-bedroom flat located on Granville Road, N22, offering a fantastic blend of space, comfort, and convenience. Situated in a desirable residential area, the property is perfect for families or professionals seeking a well-connected home with easy access to local amenities and transport links.The flat features three well-proportioned bedrooms, providing ample space for comfortable living, a spacious and bright living room, ideal for relaxing or entertaining guests, with plenty of natural light throughout the day. The kitchen is fully-equipped and offers plenty of storage and counter space, making meal preparation a breeze, a three piece family bathroom.

Granville Road is a sought-after location, with excellent local amenities such as shops, cafes, and schools nearby. The flat is also well-connected by public transport, with convenient access to bus routes and Wood Green Underground Station (Piccadilly Line). Ideal for those seeking a comfortable and convenient living space in North London, Granville Road is an excellent opportunity for homeowners or investors alike.

Agent Details

Kings Group, Tottenham

020 3870 6388

Next Steps?

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