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 |
BMV | 24% |
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.
Local Rents
46 rents from £2.2K/mo to £2.8K/mo, average is £2.4K/mo.
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
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