2 Bed Flat, Single Let, London, N13 4XA £425,000

Sidney avenue, London, N13 4XA - 1 views - a year ago
Sold STC
Leasehold
BTL
~65 m²
Property image

ValuationOvervalued

Sold Prices£174K - £2.3M
Sold Prices/m²£2.2K/m² - £8.1K/m²

 

 

Square Metres

~64.80 m²
Price/m²£6.6K/m²

Value Estimate

£406,247

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£33,700

Total Cash In

£139,950

 

 

Cash Out

 

Rent Range

£1,450 - £2,500

Rent Estimate

£1,500

Running Costs/mo

£1,648

Cashflow/mo

£-148

Cashflow/yr

£-1,777

Gross Yield

4%

Local Sold Prices

50 sold prices from £174K to £2.3M, average is £404K. £2.2K/m² to £8.1K/m², average is £6.3K/m².

Price
Date
Distance
Address
Beds
 
£375K03/250.09 mi54a, Kelvin Avenue, London N13 4TG2
£375K03/250.09 mi54a, Kelvin Avenue, London N13 4TG2
£400K05/250.09 mi56a, Kelvin Avenue, Southgate N13 4TG2
£400K05/250.09 mi56a, Kelvin Avenue, Southgate N13 4TG2
£400K01/250.1 mi37, Ground Floor Flat, Kelvin Avenue, London, Greater London N13 4TH2
£370K02/250.12 mi22a, Elmdale Road, London, Greater London N13 4UL2
£420K07/230.12 mi22, Elmdale Road, London, Greater London N13 4UL2
£520K11/240.12 mi67, Kelvin Avenue, London N13 4TH2
£370K02/250.13 mi16, Elmdale Road, London N13 4UL2
£475K02/240.14 mi92, Palmerston Crescent, London, Greater London N13 4NH2
£330K11/240.15 mi90 Bridgewater House, Flat 19, Green Lanes, London N13 5UP2
£437.5K01/230.22 mi34b, Palmerston Crescent, London, Greater London N13 4UA2
£230K09/230.23 mi28c, Lascotts Road, London, Greater London N22 8JN2
£403K06/210.23 miFlat A, 12, Lascotts Road, London, Greater London N22 8JN2
£345K06/210.24 mi231a, Whittington Road, London, Greater London N22 8YW2
£340K05/230.26 mi9, Davey Close, London, Greater London N13 4EX2
£340K11/230.26 mi12, Davey Close, London N13 4EX2
£174K08/250.26 miFlat 9, Palm Court, Shapland Way, Southgate N13 4DF2
£520K12/220.27 mi112d, Marlborough Road, London, Greater London N22 8NN2
£375K11/230.27 mi93a, Bowes Road, London, Greater London N13 4RU2
£468K03/250.28 mi16, Lyndhurst Road, Wood Green, London N22 5AT2
£435K07/230.29 mi99, Lyndhurst Road, London, Greater London N22 5AX2
£2.3M05/220.29 mi176, Green Lanes, London N13 5UJ2
£470K01/230.3 mi120, Lyndhurst Road, London, Greater London N22 5AT2
£405K04/250.3 mi3a, Huguenot Drive, London N13 5DQ2
£405K04/250.3 mi3a, Huguenot Drive, London N13 5DQ2
£370K06/210.3 mi2a, Parkhurst Road, London, Greater London N22 8JQ2
£505K02/250.31 mi90, Flat A, Marlborough Road, Wood Green, London N22 8NN2
£480K06/210.32 mi116d, Marlborough Road, London, Greater London N22 8NN2
£375K06/210.32 mi13a, Cheshire Road, London, Greater London N22 8JJ2
£385K04/230.32 mi141a, Whittington Road, London, Greater London N22 8YP2
£380K12/240.32 mi110, Lyndhurst Road, Wood Green, London N22 5AT2
£500K06/210.34 mi4a, Elvendon Road, London, Greater London N13 4SJ2
£522.2K10/230.34 mi48a, Elvendon Road, London, Greater London N13 4SJ2
£461K06/250.34 mi141, Lyndhurst Road, Wood Green, London N22 5AY2
£435K01/230.35 mi13, Beech Road, London, Greater London N11 2DA2
£392.5K11/220.36 mi22, Pilgrims Close, London, Greater London N13 4HX2
£440K12/240.36 mi180, Lyndhurst Road, Wood Green, London N22 5AU2
£418K06/210.37 mi222, Lyndhurst Road, London, Greater London N22 5AU2
£450K01/230.37 mi174, Lyndhurst Road, London, Greater London N22 5AU2
£330K02/250.38 mi51, Arcadian Gardens, Wood Green, London N22 5AG2
£397K01/230.38 mi29a, Hardwicke Road, London, Greater London N13 4SL2
£285K03/230.38 mi21b, Hardwicke Road, London, Greater London N13 4SL2
£443K06/230.38 mi67, Marlborough Road, London, Greater London N22 8NJ2
£405K01/240.39 mi35, Hardwicke Road, London N13 4SL2
£438.8K10/210.41 miFirst Floor Flat, 2, Hampshire Road, London, Greater London N22 8LR2
£210K12/220.41 mi5, Westbury Road, London, Greater London N11 2DB2
£422K03/230.41 mi42, Hardwicke Road, London, Greater London N13 4SG2
£446K10/220.41 mi38a, Hardwicke Road, London, Greater London N13 4SG2
£375K01/250.41 mi99, Arcadian Gardens, Wood Green, London N22 5AG2

Local Rents

50 rents from £1.4K/mo to £2.5K/mo, average is £1.8K/mo.

Rent
Date
Distance
Address
Beds
 
£1,65005/240 miPalmers Green, London, N132
£1,65005/240 mi-2
£1,50006/250 miSidney Avenue, London2
£1,70011/250.09 miGreen Lanes, Palmers Green2
£1,50005/240.1 miKelvin Avenue, London, N132
£1,55009/250.1 miKelvin Avenue, London, N132
£1,75010/250.11 miPalmerston Road, London, N222
£1,75010/250.11 miPalmerston Road, London, N222
£1,65011/250.12 mi-2
£2,00006/250.13 mi-2
£2,00006/250.13 miPrinces Avenue, London, N132
£1,70009/250.13 miBelsize Avenue, London, N132
£2,50006/250.13 miBelsize Avenue, London2
£1,85009/250.14 mi-2
£1,60011/250.14 miA Green Lanes, Palmers Green, London, N132
£1,80010/250.15 miGreen Lanes, London, N132
£1,50003/250.15 mi-2
£1,65006/240.15 miPalmerston House, Palmers Green, N132
£2,00009/250.16 miGreen Lanes, Palmers Green, London, N132
£1,79505/250.17 mi-2
£2,00001/250.18 mi-2
£2,20011/250.18 mi-2
£1,70007/250.19 miCollings Close, Bounds Green N222
£1,65008/250.19 miCollings Close, Bounds Green N222
£2,15011/250.19 miSpencer Avenue, Palmers Green, N132
£1,70008/250.19 miPalmerston House, Palmers Green, N132
£1,75008/250.19 miPalmerston House, 217 Green Lanes, London, N132
£2,10007/240.19 miPalmerston Road, N22, Bowes Park, London, N222
£2,20009/250.19 miPalmerston Road, N22, Bowes Park, London, N222
£2,00010/250.19 miGreen Lanes, Palmers Green, London, N132
£1,80005/240.2 miPalmerston Crescent2
£1,90006/240.2 miPalmerston Crescent, Palmers Green, N132
£1,75010/250.21 miGreen Lanes, Winchmore Hill, N212
£1,75005/240.21 mi-2
£1,95006/250.22 miNorth Circular Road, Palmers Green, N132
£1,72506/240.23 mi-2
£1,65006/240.23 mi-2
£1,90009/250.23 miLascotts Road, Wood Green2
£1,80008/250.23 miWhittington Road, London N222
£1,80009/250.23 miWhittington Road, London N222
£1,50011/250.24 miLascotts Road, N222
£1,79506/250.24 miPalmerston Road, Wood Green, London2
£1,75010/250.24 miPalmerston Road, Bounds Green, London2
£1,45005/240.24 miLascotts Road, Wood Green, N22 8JN2
£1,80006/240.24 mi-2
£1,75006/240.25 miLascotts Road ,Wood Green, London, N222
£1,75006/240.25 miLascotts Road ,Wood Green, London, N222
£2,10011/250.25 miPalmerston Road, Bounds Green, London2
£1,60005/240.26 miDavey Close, London, N132
£1,85006/240.26 miDavey Close, London, N132

Local Area Statistics

Population in N13

31,681

Population in London

4,771,921

Town centre distance

5.77 miles away

Nearest school

0.20 miles away

Nearest train station

0.47 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £425,000

December 16, 2024

Floor Plans

Property image

Description

  • Two-Bedroom Conversion +
  • Private Section Of Rear Garden +
  • Charming Period Features +
  • Loft Storage With Potential For Conversion +
  • Share Of Freehold +

The Property
Due to no fault of it's own, this property is now available again, book your viewing now so you don't miss out

*SHARE OF FREEHOLD, NO CHAIN*
*LOFT AND GARDEN*

This beautifully presented, split-level, first-floor conversion is nestled within a charming period property. Boasting a perfect blend of contemporary elegance and classic period details, the home offers generous and versatile living spaces throughout.

The property features two spacious double bedrooms, a bright and airy lounge, and a sleek modern kitchen and bathroom. An additional highlight is the loft which is directly accessible via the master bedroom. This offers valuable and much sought-after storage space and potential for conversion, subject to necessary permissions.

The property further benefits from its own private section of the rear garden, a valuable outdoor space, and the added advantage of a share of the freehold.

Location:
Ideally situated within the sought-after Bowes Park Village area, this home is a short walk from Bowes Park British Rail station, the vibrant Myddleton Road with its array of independent shops and cafes, and Bounds Green tube station for easy commuting. Additionally, Green Lanes and its extensive amenities are just moments away, ensuring convenience and variety.

This is a rare opportunity to acquire a stylish and well-located home that combines charm, functionality, and future potential.

Property ownership information

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 24/12/3009

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering North London

020 3834 8512

Next Steps?

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