2 Bed Flat, Cash/Bridging Only, Barnet, EN4 0EJ, £300,000

30 Crescent West, Barnet, EN4 0EJ - 5 views - 4 months ago

Leasehold
Cash
ROI: 2%
65 m²
+2 photos

ValuationFair Value

Sold Prices£150K - £550K
Sold Prices/m²£4.4K/m² - £7.7K/m²

 

 

Square Metres

65.26 m²
Price/m²£4.6K/m²

Value Estimate

£303,000

 

 

End Value (After Refurb)

£660,353

Uplift in Value

+120%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Refurb Costs

£34,525

Bridging Loan Interest

£7,875

Total Cash In

£131,850

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£660,353

Agent Fees (1%)

£6,604

Bridging Loan

£225,000

Bridging Loan Interest

£7,875

Flip Profit

£296,899

Local Sold Prices

50 sold prices from £150K to £550K, average is £368.5K. £4.4K/m² to £7.7K/m², average is £6.1K/m².

PriceDateDistanceAddressBeds 
£290K01/230.89 mi57, Galdana Avenue, Barnet, Greater London EN5 5JT2
£320K08/210.89 mi21, Galdana Avenue, Barnet, Greater London EN5 5JT2
£310K06/210.89 mi15, Galdana Avenue, Barnet, Greater London EN5 5JT2
£400K12/201.03 mi18, Castlewood Road, Cockfosters, Barnet, Greater London EN4 9DQ2
£405K11/211.09 mi4, Castlewood Road, Cockfosters, Barnet, Greater London EN4 9DG2
£375K05/211.09 mi10a, Castlewood Road, Cockfosters, Barnet, Greater London EN4 9DG2
£366.5K08/211.09 mi9, Castlewood Road, Cockfosters, Barnet, Greater London EN4 9DG2
£375K05/211.09 mi10a, Castlewood Road, Cockfosters, Barnet, Greater London EN4 9DG2
£360K06/211.1 mi6a, Castlewood Road, Cockfosters, Barnet, Greater London EN4 9DG2
£330K03/211.11 mi30, Grove Road, Cockfosters, Barnet, Greater London EN4 9DE2
£350K05/231.11 mi24, Grove Road, Cockfosters, Barnet, Greater London EN4 9DE2
£360K05/231.12 mi9b, Fordham Close, Barnet, Greater London EN4 9AJ2
£390K06/211.12 mi16, Burnside Close, Barnet, Greater London EN5 5LN2
£350K12/201.12 mi11, Burnside Close, Barnet, Greater London EN5 5LN2
£350K01/211.19 mi43a, Grove Road, Cockfosters, Barnet, Greater London EN4 9DJ2
£360K09/211.2 mi42a, Grove Road, Cockfosters, Barnet, Greater London EN4 9DF2
£542K06/231.21 mi31a, Woodville Road, New Barnet, Barnet, Greater London EN5 5HD2
£395K01/231.21 mi42a, Grove Road, Cockfosters, Barnet, Greater London EN4 9DF2
£417K12/201.21 mi3, Hadley Ridge, Barnet, Greater London EN5 5TE2
£365K11/221.23 mi29b, Leicester Road, New Barnet, Barnet, Greater London EN5 5EW2
£395K06/211.23 mi47, Victoria Road, New Barnet, Barnet, Greater London EN4 9PH2
£375K12/201.27 mi77a, Crescent Road, Barnet, Greater London EN4 9RD2
£520K06/211.28 mi10, Sovereign Mews, Barnet, Greater London EN4 0JQ2
£550K11/211.28 mi3, Fairgreen Court, Barnet, Greater London EN4 0QT2
£523K09/211.29 mi13, Fairgreen Court, Barnet, Greater London EN4 0QT2
£310K05/211.29 miFlat 34, Livingstone Court, Christ Church Lane, Barnet, Greater London EN5 4PL2
£370.5K05/231.3 mi23, Alice Close, New Barnet, Barnet, Greater London EN5 1PB2
£308K10/211.3 mi78a, Victoria Road, New Barnet, Barnet, Greater London EN4 9PE2
£294K04/211.3 mi68b, Victoria Road, New Barnet, Barnet, Greater London EN4 9PE2
£410K03/231.31 mi18d, King Edward Road, Barnet, Greater London EN5 5AP2
£375K05/231.31 miFlat 12, Summit Court, Moon Lane, Barnet, Greater London EN5 5YR2
£367K03/211.31 miFlat 5, Summit Court, Moon Lane, Barnet, Greater London EN5 5YR2
£310K04/231.37 mi1a, Park Road, High Barnet, Barnet, Greater London EN5 5RY2
£445K10/201.37 mi125a, Leicester Road, Barnet, Greater London EN5 5EA2
£425K05/211.42 mi37, Prospect Road, Barnet, Greater London EN5 5AD2
£370K08/211.44 mi33, Clarence Close, Barnet, Greater London EN4 8AD2
£320K02/211.44 mi4, Botany Close, Barnet, Greater London EN4 9RX2
£325K03/211.44 mi25, Botany Close, Barnet, Greater London EN4 9RX2
£480K02/231.45 mi130a, Crescent Road, Barnet, Greater London EN4 9RJ2
£300K06/231.45 mi169a, Victoria Road, New Barnet, Barnet, Greater London EN4 9PA2
£415K06/211.48 mi65, Puller Road, Barnet, Greater London EN5 4HQ2
£150K07/231.49 miFlat 11, Highwood Court, Potters Lane, Barnet, Greater London EN5 5BA2
£365K11/211.49 miFlat 16, Collingwood Court, Station Road, New Barnet, Barnet, Greater London EN5 1SS2
£370K10/221.52 mi4, St Wilfrids Close, Barnet, Greater London EN4 9SE2
£320K04/211.52 miFlat 7, Minetta Court, Station Road, New Barnet, Barnet, Greater London EN5 1QP2
£375K01/231.53 mi72, Sebright Road, Barnet, Greater London EN5 4HN2
£345K04/211.54 miFlat 25, Gillings Court, Wood Street, Barnet, Greater London EN5 4BU2
£515K12/221.56 mi11a, Orchard Road, Barnet, Greater London EN5 2HL2
£340K08/231.58 miFlat 8, Knoll Lodge, Gloucester Road, Barnet, Greater London EN5 1RZ2
£385K06/211.61 miFlat 11, Kingsclere Court, Gloucester Road, Barnet, Greater London EN5 1NB2

Local Rents

13 rents from £1.6K/mo to £3.8K/mo, average is £3K/mo.

RentDateDistanceAddressBeds 
£1,75003/240 miCrescent West, Hadley Wood, Hertfordshire, EN42
£1,75003/240 miCrescent West, Hadley Wood, Barnet, EN42
£1,65003/250.03 mi-2
£1,99503/250.08 mi-2
£2,65003/240.38 miCamlet Way, Hadley Wood, Hertfordshire, EN42
£3,00003/240.39 miCamlet Way, Hadley Wood, Hertfordshire, EN42
£3,40004/240.39 miCamlet Way, Hadley Wood, Hertfordshire, EN42
£3,25004/240.39 miHeathcote House, Camlet Way, Hadley Wood, Hertfordshire, EN42
£3,75004/240.41 miCamlet Way, London2
£3,50004/240.41 miCamlet Way,2
£3,00004/240.41 miCamlet Way,N/A
£3,25004/240.41 miCamlet Way,2
£2,60004/240.43 miBeech Hill, Hadley Wood, Hertfordshire, EN42

Local Area Statistics

Population in EN4

25,767

Population in Barnet

63,213

Town centre distance

4.10 miles away

Nearest school

0.20 miles away

Nearest train station

0.06 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-11%

Sales demand

Buyer's market

Capital growth (5yrs)

+21%

Property History

Listed for £300,000

December 11, 2024

Floor Plans

Description

  • LIVING ROOM - 17'5 X 11'10 +
  • BEDROOM 1 - 11'6 X 10'2 +
  • KITCHEN - 10'7 X 8'3 +
  • BEDROOM 2 - 10'1 X 7'3 +
  • BATHROOM - 8'4 X 5'10 +
  • BALCONY +
  • HEART OF HADLEY WOOD +
  • WALKING DISTANCE TO HADLEY WOOD TRAIN STATION +

*LOW LEASE* *IDEAL FOR CASH BUYER*
A rare opportunity to acquire this well presented two bedroom second floor apartment, situated in the heart of Hadley Wood and just a stones throw away from Hadley Wood train station.
The property comprises of a bright and spacious living room which has direct access to a large balcony.
A good sized shaker style kitchen with plenty of storage cupboards and has access to a second balcony enjoying superb views across North London.
Completing the apartment is a master bedroom with fitted wardrobes, a second bedroom ideal for a cot rom or home office and a contemporary family style bathroom.

Further benefits include extra storage cupboards, communal entrance.

Situated in the heart of Hadley Wood's conservation area within easy reach of local shops, Hadley Wood primary school and main line station. Hadley Wood Golf & Tennis Club are both close at hand as well as the M25 being a short drive away.

Agent Details

AIW ESTATE AGENTS LTD, Barnet

020 3869 4030

Next Steps?

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