3 Bed Flat, Cash/Bridging Only, London, N9 9LH, £200,000

10TH FLOOR FLAT, Bury Street, London, N9 9LH - 1 views - 4 months ago

Sold STC
Leasehold
Cash
ROI: 6%
~77 m²
+14 photos

ValuationFair Value

Sold Prices£208K - £670K
Sold Prices/m²£2.5K/m² - £10.3K/m²

 

 

Square Metres

~76.60 m²
Price/m²£2.6K/m²

Value Estimate

£204,000

 

 

End Value (After Refurb)

£361,722

Uplift in Value

+81%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£12,700

Refurb Costs

£40,524

Bridging Loan Interest

£5,250

Total Cash In

£110,224

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£361,722

Agent Fees (1%)

£3,617

Bridging Loan

£150,000

Bridging Loan Interest

£5,250

Flip Profit

£97,881

Local Sold Prices

34 sold prices from £208K to £670K, average is £320.5K. £2.5K/m² to £10.3K/m², average is £3.9K/m².

PriceDateDistanceAddressBeds 
£465K07/220.21 mi46, Rugby Avenue, London, Greater London N9 9EP3
£268K03/210.32 mi60, Osward Place, London, Greater London N9 7EF3
£208K06/230.32 mi64, Osward Place, London, Greater London N9 7EF3
£328K11/210.48 mi137a, Church Street, London, Greater London N9 9RN3
£295K10/200.58 mi119, Bounces Road, London, Greater London N9 8LJ3
£299.9K06/210.6 mi7a, Causeyware Road, Edmonton, London, Greater London N9 8BP3
£300K12/200.62 mi153a, Victoria Road, London, Greater London N9 9BA3
£283K02/210.64 mi209, Bounces Road, London, Greater London N9 8LL3
£305K10/230.64 mi205, Bounces Road, London, Greater London N9 8LL3
£270K11/200.71 mi275, Bounces Road, London, Greater London N9 8LP3
£270K03/210.8 miFlat 15, Reynolds House, Ayley Croft, Enfield, Greater London EN1 1XR3
£307.5K01/210.89 mi60, St Marks Road, Enfield, Greater London EN1 1BE3
£300K11/200.97 mi26, Folkestone Road, London, Greater London N18 2EN3
£265K02/211 mi64, Hadrians Ride, Enfield, Greater London EN1 1DG3
£320K10/201.01 mi20, Ermine Side, Enfield, Greater London EN1 1DD3
£355K06/211.04 mi32b, Hyde Park Avenue, London, Greater London N21 2PP3
£335K11/231.08 mi50, Picketts Lock Lane, London, Greater London N9 0AX3
£302K12/211.21 mi6, Dorrit Mews, London, Greater London N18 1PB3
£283K04/231.26 mi29, Copperfield Mews, London, Greater London N18 1PE3
£535K03/211.32 mi29a, Elm Park Road, London, Greater London N21 2HP3
£362K06/211.39 mi48, Beresford Gardens, Enfield, Greater London EN1 1NN3
£360K06/211.39 mi24, Beresford Gardens, Enfield, Greater London EN1 1NN3
£340K01/231.44 mi53, Cosgrove Close, London, Greater London N21 3BG3
£330K08/221.49 mi182, Langhedge Lane, London, Greater London N18 2TJ3
£670K11/201.61 mi57b, Compton Road, London, Greater London N21 3NU3
£670K11/201.61 mi57b, Compton Road, London, Greater London N21 3NU3
£490K04/211.67 mi34a, Woodberry Avenue, London, Greater London N21 3LD3
£450K09/231.73 mi50a, River Avenue, London, Greater London N13 5RN3
£404K12/201.73 mi36a, Eaton Park Road, Palmers Green, London, Greater London N13 4EL3
£265K10/201.82 mi8, Yeomans Way, Enfield, Greater London EN3 5AP3
£277K06/211.83 mi7, Yeomans Way, Enfield, Greater London EN3 5AP3
£575K11/221.84 mi37, Stonard Road, London, Greater London N13 4DJ3
£443K01/231.96 mi9b, Park Avenue, Palmers Green, London, Greater London N13 5PG3
£321K02/211.99 mi268, Old Church Road, London, Greater London E4 8BT3

Local Rents

50 rents from £1.7K/mo to £2.8K/mo, average is £2.1K/mo.

RentDateDistanceAddressBeds 
£2,10005/240.06 miRichmond Crescent, London, N93
£2,10005/240.06 mi-3
£2,20003/250.06 mi-3
£2,05012/240.12 miChichester Road, Edmonton, N93
£2,15006/240.15 miWinchester Road, Edmonton3
£2,00006/240.18 miBeamish Road, London, N93
£2,20005/240.19 mi-3
£1,97505/240.19 mi-3
£2,40007/240.21 miWinchester Road, Edmonton, N9 3
£1,69003/250.21 mi-3
£2,05006/240.21 miColville Road, Edmonton, N93
£2,55007/240.24 miDenny Road, N93
£1,90005/240.26 miDarley Road, London3
£2,10005/240.27 miWinchester Road, London, N93
£1,95012/240.28 mi-3
£2,10006/240.31 miNorth Road, London, N93
£2,00007/240.31 miNorth Road, London, N93
£2,00006/240.31 mi-3
£2,70002/250.32 mi-3
£2,00005/240.32 miHertford Road, London, N93
£2,00005/240.32 mi-3
£2,20002/250.33 mi-3
£2,10005/240.33 miWinchester Road, London3
£1,95004/250.34 mi-3
£1,95005/240.34 miKingsmead Avenue, London, N93
£2,25003/250.35 mi-3
£2,10005/240.37 miMarket Parade, Winchester Road, London , N93
£2,00005/240.38 miBounces Road, Edmonton, London, N93
£2,10003/250.39 mi-3
£2,25003/250.41 mi-3
£1,90007/240.41 miForest Road, Edmonton N93
£2,10005/240.42 mi-3
£2,20005/240.42 miLowden Road, London3
£1,80005/240.43 mi-3
£2,40004/240.43 mi-3
£2,45004/240.43 mi-3
£2,20007/240.44 mi-3
£2,20007/240.44 mi-3
£2,20007/240.44 mi-3
£2,20007/240.44 mi-3
£2,20007/240.44 mi-3
£1,85001/250.44 mi-3
£2,25003/250.44 mi-3
£2,15001/250.45 mi-3
£2,45005/240.45 mi-3
£1,90005/240.45 miTilotson Road3
£1,90012/240.45 mi-3
£1,90007/240.45 miForest Road, London, N93
£2,30001/240.47 mi-3
£2,75005/240.47 mi-3

Local Area Statistics

Population in N9

51,422

Population in London

4,771,921

Town centre distance

7.38 miles away

Nearest school

0.30 miles away

Nearest train station

0.78 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+26%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Price changed to £200,000

January 11, 2025

Listed for £220,000

December 12, 2024

Floor Plans

Description

  • 10TH FLOOR FLAT WITH OWN BALCONY - INVESTORS ONLY +
  • THREE GOOD SIZED BEDROOMS +
  • BRIGHT & AIRY RECEPTION-DINING ROOM +
  • FITTED KITCHEN +
  • THREE PIECE BATHROOM SUITE +
  • PLENTY OF HALLWAY STORAGE +
  • COMMUNAL PARKING +
  • WITHIN EASY REACH OF SHOPS, TRANSPORT & MOTORWAY LINKS +
  • CLOSE TO SOME HIGHLY REGARDED SCHOOLS +
  • PLENTY OF RECREATIONAL GREEN SPACES +

FAO: CASH BUYERS ONLY - , James Hayward are pleased to present a 10th floor apartment, located on Bury Street in the heart of London. This delightful flat boasts a spacious reception-dining room with its own balcony, With three good-sized bedrooms. The property also offers a well-appointed bathroom and ample storage in the hallway, ensuring that you can keep your living space tidy and organised.

Situated on the 10th floor, this flat provides panoramic views of the surrounding area, additionally, there is communal parking available for your convenience.

Location wise, the property is situated within easy reach of local shops, green spaces , some highly regarded schools, motorway and transport links

Don't miss out on this great investment opportunity, there is a tenant currently in situ who is happy to remain . Contact us today to arrange a viewing.

A great opportunity to acquire a 10th floor flat with own balcony and panoramic views across the surrounding area. The property provides good sized living space including three bedrooms, reception-dining area, kitchen and bathroom. Location wise, the property is near transport & motorway links, green spaces, local shops and some highly regarded schools.

Agent Details

James Hayward, Enfield

020 3835 3591

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪