2 Bed Flat, Single Let, London, N12 8XB £350,000

Dale Grove, North Finchley, N12 8XB - 16 views - a year ago
Leasehold
BTL
ROI: 2%
~68 m²
Property image

ValuationUndervalued

Sold Prices£169K - £568K
Sold Prices/m²£2.3K/m² - £8.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.1K/m²

Value Estimate

£420,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Total Cash In

£104,200

 

 

Cash Out

 

Rent Range

£1,600 - £4,700

Rent Estimate

£1,600

Running Costs/mo

£1,434

Cashflow/mo

£166

Cashflow/yr

£1,995

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £169K to £568K, average is £415K. £2.3K/m² to £8.4K/m², average is £6.4K/m².

Price
Date
Distance
Address
Beds
 
£425.1K07/250.01 miFlat 1, 15 Barclay Court, Dale Grove, North Finchley, London N12 8XB2
£470K02/230.06 mi34, Hutton Grove, London, Greater London N12 8DT2
£455K07/250.08 mi44a, Derby Avenue, North Finchley, London N12 8DD2
£325K01/250.11 mi100, Flat 502, Kingsway, North Finchley, London N12 0EQ2
£320K05/250.11 miFlat 902, 100, Kingsway, North Finchley, London N12 0EQ2
£320K05/250.11 miFlat 902, 100, Kingsway, North Finchley, London N12 0EQ2
£550K07/250.13 mi28c, Alexandra Grove, North Finchley, London N12 8HG2
£422.5K07/230.15 mi19, Grange Avenue, London, Greater London N12 8DN2
£430K06/210.17 mi84, Grange Avenue, London, Greater London N12 8DJ2
£420K03/250.17 mi55, Grange Avenue, North Finchley, London N12 8DL2
£350K11/230.2 miFlat 9, Colman Court, Christchurch Avenue, London, Greater London N12 0DT2
£340K01/240.21 mi626, High Road, London, Greater London N12 0NU2
£568K06/210.22 mi57a, Gainsborough Road, London, Greater London N12 8AA2
£450K11/240.24 miGreen Lawns, 20, Moss Hall Grove, North Finchley, London N12 8PA2
£410K09/210.25 miFlat 5, Gainsborough Court, Nether Street, London, Greater London N12 8AE2
£440K08/250.25 miFlat 1, 53, Alexandra Grove, North Finchley, London N12 8HE2
£430K03/250.25 mi1, Hamilton Square, North Finchley, London N12 0PL2
£430K03/250.25 mi1, Hamilton Square, North Finchley, London N12 0PL2
£508K03/230.26 miGround Floor Flat, 63, Gainsborough Road, London, Greater London N12 8AA2
£340K10/230.26 miFlat 12, Gainsborough Court, Nether Street, London, Greater London N12 8AE2
£500K05/250.27 mi35, Churchfield Avenue, North Finchley, London N12 0NS2
£500K05/250.27 mi35, Churchfield Avenue, North Finchley, London N12 0NS2
£440K11/210.27 mi10c, Torrington Park, London, Greater London N12 9SS2
£417K03/250.27 miGainsborough Court, Flat 17, Nether Street, Ballards Lane To Dollis Road, London N12 8AE2
£330K09/230.27 mi33a, Woodhouse Road, London, Greater London N12 9ET2
£390K09/210.29 miFlat 5, Avon Court, Holden Road, London, Greater London N12 8HR2
£377K11/210.29 miFlat 6, Park Lodge, Friern Park, London, Greater London N12 9DG2
£420K03/250.29 mi27a, Holden Road, Woodside Lane To Westbury Road, London N12 8HS2
£169K12/240.3 mi34 Lychgate Court, Flat 16, Friern Park, North Finchley, London N12 9UL2
£175K05/250.3 miFlat 13, 34 Lychgate Court, Friern Park, North Finchley, London N12 9UL2
£175K05/250.3 miFlat 13, 34 Lychgate Court, Friern Park, North Finchley, London N12 9UL2
£368.1K11/210.3 mi261b, Ballards Lane, London, Greater London N3 1NG2
£500K11/220.31 mi2, Woodberry Gardens, London, Greater London N12 0HD2
£415K06/210.31 miFirst Floor Flat, 60, Avondale Avenue, London, Greater London N12 8EN2
£519.4K08/230.31 miFlat 9, Emerald Court, Woodside Park Road, London, Greater London N12 8XD2
£375K03/250.31 miFlat 3, 247, Ballards Lane, Finchley, London N3 1NG2
£415K09/230.32 mi18, Burnbrae Close, London, Greater London N12 8PH2
£350K03/250.32 miFlat 3, 12, Torrington Park, North Finchley, London N12 9SS2
£430K06/210.33 mi27a, Holden Road, London, Greater London N12 8HS2
£400K12/220.33 miFlat 3, Beecholme, Woodside Park Road, London, Greater London N12 8RF2
£440K06/210.34 miFlat 10, Greville Lodge, Woodside Park Road, London, Greater London N12 8RJ2
£317K01/250.34 mi847b, High Road, North Finchley, London N12 8PT2
£250K05/250.34 miFlat 24, 237 Northumberland House, Ballards Lane, Finchley, London N3 1LB2
£250K05/250.34 miFlat 24, 237 Northumberland House, Ballards Lane, Finchley, London N3 1LB2
£435K11/240.34 mi10, Northwood Gardens, North Finchley, London N12 9DR2
£327.5K06/210.35 mi597a, High Road, London, Greater London N12 0DY2
£415K03/250.35 miFlat 62, Finchley Court, Ballards Lane, Finchley, London N3 1NJ2
£415K03/250.35 miFlat 62, Finchley Court, Ballards Lane, Finchley, London N3 1NJ2
£322K02/230.37 mi53, Victoria Grove, London, Greater London N12 9DH2
£423K07/230.38 miFlat 76, Finchley Court, Ballards Lane, Finchley, London, Greater London N3 1NJ2

Local Rents

50 rents from £1.6K/mo to £4.7K/mo, average is £2.2K/mo.

Rent
Date
Distance
Address
Beds
 
£1,80009/250.02 mi15 Dale Grove, London, N122
£1,95012/240.04 mi-2
£1,60007/250.05 miDale Grove, London2
£1,60008/250.05 miDale Grove, Woodside Park2
£2,70012/240.06 miHutton Grove, North Finchley, N122
£2,20006/250.06 miNether Street, London, N122
£2,50003/250.07 mi-2
£2,25006/250.07 miAvenir Court, Ballards Lane, North Finchley, N122
£2,10007/250.07 miAvenir Court | New Build Apartments Now Launched2
£2,30007/250.07 miAvenir Court, Woodside Park, London N122
£2,10006/250.07 miAvenir Court | New Build Apartments Now Launched2
£2,30009/250.07 miAvenir Court, Woodside Park, London N122
£2,35009/250.07 miBallards Lane, Finchley, London, N122
£2,25005/250.07 miAvenir Court, N122
£2,50005/250.07 miAvenir Court, N122
£2,25006/250.07 miAvenir Court, N122
£2,50006/250.07 miAvenir Court, N122
£2,50006/250.07 miAvenir Court, N122
£2,25006/250.07 miAvenir Court, N122
£2,70002/240.08 mi-2
£3,20004/250.08 mi-2
£2,90007/250.08 mi-2
£1,87506/250.08 miBallards Lane N12, North Finchley, London, N122
£2,00008/250.08 miKingsway, North Finchley, N122
£2,25006/250.08 miAvenir Court, Ballards Lane2
£2,25009/250.08 miAvenir Court, Ballards Lane, N122
£4,70010/250.08 mi-2
£2,25007/250.09 miAvenir Court, Ballards Lane, N122
£2,25006/250.09 miAvenir Court, Ballards Lane N12 2
£2,25010/250.09 miAvenir Court, Ballards Lane, N122
£2,50010/250.09 miAvenir Court, Ballards Lane, London2
£2,30007/250.09 miFlat , Kingsway, London2
£1,90012/240.09 mi-2
£1,70004/250.09 mi-2
£2,00007/250.09 mi-2
£2,10012/240.09 mi-2
£2,20012/240.09 mi-2
£2,10003/250.09 mi-2
£2,50006/240.09 miKingsway, Tally Ho, North Finchley, N122
£2,00006/250.09 miKingsway, London, N122
£1,80011/250.09 miDerby Avenue, North Finchley, N122
£1,75007/250.09 miAlexandra Grove, Finchley, London, N122
£1,62505/240.1 miBirkbeck Road, North Finchley, London, N122
£1,70006/240.1 miNether Street, Finchley2
£1,70006/240.1 miNether Street, Finchley2
£1,79508/250.1 miNether Street, London, N122
£1,90008/250.1 miNether Street, North Finchley, London, N122
£1,79508/250.1 miNether Street, North Finchley, London, N122
£1,75008/250.1 miAlexandra Grove, London, N122
£2,22506/250.11 miKingsway, London, N122

Local Area Statistics

Population in N12

28,739

Population in London

4,771,921

Town centre distance

6.66 miles away

Nearest school

0.10 miles away

Nearest train station

0.43 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Buyer's market

Capital growth (5yrs)

+3%

Property History

Listed for £350,000

December 26, 2024

Floor Plans

Property image

Description

  • Two Double Bedrooms +
  • First Floor Apartment +
  • Separate Kitchen +
  • Brand New Lease +
  • Allocated Off Street Parking +
  • Popular Location +

Situated in this popular tree lined location road off Ballards Lane and set within the catchment area for a number of popular schools is this two double bedroom first floor purpose built apartment. The property benefits from a separate kitchen, an approx. 17ft reception room filled with natural light and wooden flooring throughout, a three piece family bathroom and ample storage. Further benefits include a brand new lease being granted, allocated off street parking and a use of communal gardens. This property is best suited to First Time Buyers or Buy To Let Investors. To fully appreciate the quality and potential of this home, an internal viewing is highly recommended via vendors sole agents Adam Hayes Estate Agents.

Agent Details

Adam Hayes Estate Agents, North Finchley, N12

020 3873 8415

Next Steps?

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