3 Bed Flat, Single Let, London, N22 8PD £480,000

Finsbury Road, Bounds Green, London, N22 8PD - 1 views - a year ago

Sold STC

Leasehold

BTL

~78 m²

ValuationUndervalued

Sold Prices	£342.5K - £840K
Sold Prices/m²	£2.9K/m² - £12.9K/m²

Square Metres	~77.90 m²
Price/m²	£6.2K/m²
Value Estimate	£491,555£491,555
BMV	2%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£120,000£120,000
Stamp Duty & Legal Fees	£39,200£39,200
Total Cash In	£159,200£159,200

Cash Out
Rent Range	£1,500 - £3,250£1,500 - £3,250
Rent Estimate	£1,913
Running Costs/mo	£1,903£1,903
Cashflow/mo	£10£10
Cashflow/yr	£125£125
ROI	0%0%
Gross Yield	5%5%

Local Sold Prices

35 sold prices from £342.5K to £840K, average is £480K. £2.9K/m² to £12.9K/m², average is £6.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£490K	07/23	0.15 mi	25, Palmerston Road, London, Greater London N22 8QH	£6,533	75	3	Flat
£565K	02/25	0.31 mi	7, Stuart Crescent, Wood Green, London N22 5NJ	£5,885	96	3	Flat
£430K	02/24	0.33 mi	102a, Whittington Road, London, Greater London N22 8YH	£6,935	62	3	Flat
£480K	03/25	0.37 mi	27, Lascotts Road, Wood Green, London N22 8JG	£7,619	63	3	Flat
£480K	03/25	0.37 mi	27, Lascotts Road, Wood Green, London N22 8JG	-	-	3	Flat
£437K	06/21	0.37 mi	27, Lascotts Road, London, Greater London N22 8JG	-	-	3	Flat
£640K	04/23	0.4 mi	18a, Palace Gates Road, London, Greater London N22 7BN	-	-	3	Flat
£565K	11/21	0.41 mi	4a, Pellatt Grove, London, Greater London N22 5PL	£6,890	82	3	Flat
£520K	12/23	0.42 mi	32b, Sylvan Avenue, London, Greater London N22 5HY	£5,474	95	3	Flat
£375K	06/21	0.42 mi	22, Tredegar Road, London, Greater London N11 2PY	£4,412	85	3	Flat
£392.9K	11/24	0.42 mi	112, Station Road, Wood Green, London N22 7SX	-	-	3	Flat
£450K	02/24	0.43 mi	22, Lyndhurst Road, Wood Green, London N22 5AT	£4,412	102	3	Flat
£645K	09/23	0.45 mi	24, Crescent Road, Wood Green, London, Greater London N22 7RS	£6,143	105	3	Flat
£580K	06/21	0.45 mi	117, Crescent Road, Wood Green, London, Greater London N22 7RU	£7,532	77	3	Flat
£760K	03/25	0.5 mi	52, Albert Road, Wood Green, London N22 7AH	£6,552	116	3	Flat
£760K	03/25	0.5 mi	52, Albert Road, Wood Green, London N22 7AH	-	-	3	Flat
£350K	03/25	0.53 mi	25, Brownlow Court, Brownlow Road, Southgate N11 2BH	£4,375	80	3	Flat
£407K	08/23	0.57 mi	154, Maryland Road, London, Greater London N22 5AP	£6,167	66	3	Flat
£375K	12/24	0.57 mi	137, Lyndhurst Road, Wood Green, London N22 5AY	£4,167	90	3	Flat
£417K	02/23	0.58 mi	Ground Floor Flat, 117, Maryland Road, London, Greater London N22 5AS	-	-	3	Flat
£527K	02/23	0.59 mi	129, Maryland Road, London, Greater London N22 5AS	£6,275	84	3	Flat
£430K	12/24	0.59 mi	169, Lyndhurst Road, Wood Green, London N22 5AY	£6,515	66	3	Flat
£440K	08/24	0.6 mi	18, Albert Close, Wood Green, London N22 7AL	-	-	3	Flat
£342.5K	01/25	0.6 mi	Firs House, 19, Acacia Road, Wood Green, London N22 5SA	£5,112	67	3	Flat
£783K	05/25	0.61 mi	156, Albert Road, Wood Green, London N22 7AH	£8,999	87	3	Flat
£783K	05/25	0.61 mi	156, Albert Road, Wood Green, London N22 7AH	-	-	3	Flat
£540K	04/24	0.62 mi	99, Victoria Road, Wood Green, London, Greater London N22 7XG	£10,000	54	3	Flat
£840K	10/21	0.7 mi	143, Albert Road, Wood Green, London, Greater London N22 7AG	£7,636	110	3	Flat
£605K	03/24	0.74 mi	2, Winton Avenue, London, Greater London N11 2AT	£11,830	51	3	Flat
£400K	03/25	0.78 mi	Flat A, 130, Gladstone Avenue, Wood Green, London N22 6LH	£12,903	31	3	Flat
£400K	03/25	0.78 mi	Flat A, 130, Gladstone Avenue, Wood Green, London N22 6LH	-	-	3	Flat
£450K	03/25	0.87 mi	135, Flat 5, Alexandra Park Road, Wood Green, London N22 7UL	£2,903	155	3	Flat
£431.5K	12/22	0.89 mi	246, Lymington Avenue, London, Greater London N22 6JN	£6,346	68	3	Flat
£530K	03/25	0.9 mi	15a, Belmont Avenue, Southgate N13 4HD	£4,907	108	3	Flat
£560K	02/23	0.97 mi	95a, North View Road, London, Greater London N8 7LR	£9,780	57	3	Flat

Local Rents

50 rents from £1.5K/mo to £3.3K/mo, average is £2.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,500	05/24	0.04 mi	Finsbury Road, London, N22	3	Terraced House
£2,250	05/24	0.04 mi	Finsbury Road , Wood Green London N22	3	Terraced House
£2,250	10/25	0.04 mi	Finsbury Road, London	3	Flat
£2,899	05/24	0.05 mi	-	3	Flat
£2,995	06/24	0.05 mi	-	3	Terraced House
£2,390	03/25	0.05 mi	-	3	Terraced House
£2,250	10/25	0.05 mi	Finsbury Park Road, Finsbury Park, N22	3	Terraced House
£2,250	05/24	0.05 mi	Finsbury Road, Bounds Green, London	3	Detached House
£2,500	07/24	0.05 mi	Clarence Road, Bowes Park, London, N22	3	Terraced House
£2,750	11/25	0.05 mi	Clarence Road, Bowes Park, London, N22	3	Terraced House
£2,500	03/25	0.08 mi	-	3	Flat
£2,500	04/25	0.08 mi	-	3	Flat
£2,500	04/25	0.08 mi	-	3	Flat
£2,500	04/25	0.08 mi	-	3	Flat
£2,500	07/24	0.1 mi	-	3	Flat
£2,500	07/24	0.1 mi	Truro Road, London, N22	3	Flat
£2,250	05/25	0.11 mi	Partridge Way, Bowes Park, N22	3	House
£2,650	11/25	0.13 mi	-	3	Flat
£2,650	10/25	0.13 mi	Commerce Road, Wood Green, London, N22	3	Flat
£2,995	06/24	0.15 mi	-	3	Flat
£1,900	12/24	0.16 mi	-	3	Flat
£2,400	05/24	0.17 mi	Justin Place, Bounds Green, London	3	Flat
£2,800	11/25	0.17 mi	-	3	Terraced House
£2,800	11/25	0.17 mi	Justin Place, London, N22	3	Terraced House
£2,250	05/25	0.17 mi	High Road, Manor Park, London	3	Flat
£2,100	08/25	0.19 mi	Trinity Road, Bounds Green N22	3	Flat
£2,100	11/25	0.19 mi	Barnes Court, Clarence Road, London, N22	3	Flat
£2,300	11/25	0.19 mi	Marlborough Road, London, N22	3	Flat
£3,250	07/25	0.2 mi	Northcott Avenue London N22	3	Terraced House
£3,250	07/25	0.2 mi	Northcott Avenue, London, N22	3	House
£3,250	07/25	0.2 mi	Northcott Avenue, London, N22	3	Terraced House
£3,250	07/25	0.2 mi	-	3	Terraced House
£2,400	07/25	0.2 mi	Sidney Road, London, N22	3	Terraced House
£2,000	12/24	0.21 mi	-	3	Flat
£2,300	10/25	0.21 mi	-	3	Flat
£3,000	01/24	0.22 mi	-	3	Terraced House
£2,730	09/25	0.22 mi	Braemar Avenue, London, N22	3	Terraced House
£2,300	10/25	0.23 mi	Bounds Green Road, London, N22	3	Terraced House
£2,500	12/24	0.23 mi	-	3	Semi-Detached House
£2,250	10/25	0.24 mi	Imperial Road, London	3	Flat
£1,750	05/24	0.24 mi	Myddleton Road, London	3	Flat
£2,300	07/24	0.24 mi	Myddleton Road, London, Greater London, N22	3	Flat
£1,500	07/25	0.25 mi	-	3	Flat
£2,150	06/24	0.26 mi	Myddleton Road, Wood Green	3	Flat
£2,750	11/25	0.26 mi	Myddleton Road, Wood Green, London	3	Flat
£2,300	11/25	0.27 mi	Myddleton Road, London, N22	3	Flat
£2,300	11/25	0.28 mi	-	3	Flat
£2,700	12/24	0.3 mi	-	3	Flat
£2,250	03/25	0.3 mi	-	3	Flat
£2,000	10/25	0.3 mi	Marlborough Road, London, N22	3	Flat

Local Area Statistics

Population in N22	42,99642,996
Population in London	4,771,9214,771,921
Town centre distance	5.20 miles away5.20 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.36 miles away0.36 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-9%-9%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+14%+14%

Property History

Price changed to £480,000

March 28, 2025

Price changed to £495,000

February 16, 2025

Listed for £520,000

December 14, 2024

Floor Plans

Description

Modern, luxury three-bedroom first-floor apartment near Alexandra Palace and Bounds Green +
Bright open-plan kitchen/reception area with private balcony +
Three spacious double bedrooms, including a master with an en-suite shower room. +
Family bathroom +
Allocated parking space included. +
Views of Finsbury Gardens +
Excellent transport links to Alexandra Palace B.R., Bounds Green, Wood Green Tube stations +

Paul Simon proudly presents this modern, luxury three-bedroom first-floor apartment situated near Alexandra Palace and Bounds Green.

The property is impeccably maintained and offers a bright, open-plan kitchen and reception area with wooden flooring and access to a private balcony. Additional features include three spacious double bedrooms, a family bathroom, and an en-suite shower room attached to the master bedroom. The property also benefits from an allocated parking space.

Boasting views of Finsbury Gardens, the apartment provides excellent transport connections via Alexandra Palace B.R., Bounds Green, and Wood Green tube stations, with the North Circular Road (A406) also easily accessible.

Agent Details

Paul Simon Residential Sales, London - Sales

020 3892 9609

Next Steps?

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

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CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents