2 Bed Flat, Single Let, London, N3 1LB, £450,000

Ballards Lane, London, N3 1LB - 1 views - 4 months ago

Leasehold
BTL
~88 m²
+4 photos

ValuationUndervalued

Sold Prices£237.4K - £620K
Sold Prices/m²£4.9K/m² - £9.4K/m²

 

 

Square Metres

~87.60 m²
Price/m²£5.1K/m²

Value Estimate

£540,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£24,700

Total Cash In

£137,200

 

 

Cash Out

 

Rent Range

£1,500 - £2,700

Rent Estimate

£1,609

Running Costs/mo

£1,748

Cashflow/mo

£-139

Cashflow/yr

£-1,669

Gross Yield

4%

Local Sold Prices

50 sold prices from £237.4K to £620K, average is £415K. £4.9K/m² to £9.4K/m², average is £6.6K/m².

PriceDateDistanceAddressBeds 
£415K09/230.03 mi18, Burnbrae Close, London, Greater London N12 8PH2
£390K11/200.03 mi18, Burnbrae Close, London, Greater London N12 8PH2
£368.1K11/210.04 mi261b, Ballards Lane, London, Greater London N3 1NG2
£347K10/200.04 mi214c, Ballards Lane, London, Greater London N3 2LX2
£423K07/230.05 miFlat 76, Finchley Court, Ballards Lane, Finchley, London, Greater London N3 1NJ2
£454K10/220.07 miFlat 33, Finchley Court, Ballards Lane, Finchley, London, Greater London N3 1NH2
£412.5K02/210.08 miFlat 1, Finchley Court, Ballards Lane, Finchley, London, Greater London N3 1NH2
£273.8K03/210.08 miFlat 5, Spencer Court, Granville Road, London, Greater London N12 0HN2
£500K11/220.1 mi2, Woodberry Gardens, London, Greater London N12 0HD2
£237.4K01/230.1 miFlat 5, The Fountains, Ballards Lane, Finchley, London, Greater London N3 1NL2
£537K12/200.14 mi4b, Thyra Grove, London, Greater London N12 8HD2
£472K12/220.16 miFlat 21, Etchingham Court, Etchingham Park Road, London, Greater London N3 2EA2
£400K03/210.17 mi14a, Brownlow Road, London, Greater London N3 1NA2
£485K10/230.18 mi27b, Granville Road, London, Greater London N12 0HP2
£490K06/210.18 miFlat A, 3, Etchingham Park Road, London, Greater London N3 2DU2
£430K01/210.22 miFlat 8, The Laurels, Nether Street, London, Greater London N3 1NP2
£398K06/230.25 miFlat 13, Western Court, Huntly Drive, London, Greater London N3 1NX2
£400K12/200.28 mi24, Hutton Grove, London, Greater London N12 8DT2
£470K02/230.28 mi34, Hutton Grove, London, Greater London N12 8DT2
£320K12/200.32 miFlat 16, Colman Court, Christchurch Avenue, London, Greater London N12 0DT2
£350K11/230.32 miFlat 9, Colman Court, Christchurch Avenue, London, Greater London N12 0DT2
£360K04/210.33 mi61, Bow Lane, London, Greater London N12 0JL2
£620K06/210.33 mi4, Howcroft Crescent, London, Greater London N3 1PB2
£462.5K04/210.33 mi16a, Rosemont Avenue, London, Greater London N12 0BX2
£327.5K06/210.34 mi597a, High Road, London, Greater London N12 0DY2
£340K01/240.38 mi626, High Road, London, Greater London N12 0NU2
£362K10/200.38 miGround Floor Flat, 687, High Road, London, Greater London N12 0DA2
£410K09/210.39 miFlat 5, Gainsborough Court, Nether Street, London, Greater London N12 8AE2
£320K02/210.39 miFlat 18, Gainsborough Court, Nether Street, London, Greater London N12 8AE2
£415K06/210.4 miFirst Floor Flat, 60, Avondale Avenue, London, Greater London N12 8EN2
£340K10/230.42 miFlat 12, Gainsborough Court, Nether Street, London, Greater London N12 8AE2
£475K06/210.42 mi10, Falkland Avenue, London, Greater London N3 1QR2
£472K04/210.42 mi2a, Falkland Avenue, London, Greater London N3 1QR2
£440K03/210.43 mi7a, Woodlands Avenue, London, Greater London N3 2NS2
£489K12/200.43 mi11, Woodlands Avenue, London, Greater London N3 2NS2
£535K05/230.43 mi22, Woodlands Avenue, London, Greater London N3 2NR2
£430K06/210.46 mi84, Grange Avenue, London, Greater London N12 8DJ2
£422.5K07/230.47 mi19, Grange Avenue, London, Greater London N12 8DN2
£580K03/210.47 mi66, Princes Avenue, London, Greater London N3 2DB2
£550K12/220.47 mi62b, Princes Avenue, London, Greater London N3 2DB2
£370K12/200.47 mi26, Springfield Close, London, Greater London N12 7NT2
£415K07/230.47 mi10, Springfield Close, London, Greater London N12 7NT2
£568K06/210.48 mi57a, Gainsborough Road, London, Greater London N12 8AA2
£330K09/230.51 mi33a, Woodhouse Road, London, Greater London N12 9ET2
£430K06/210.51 mi27a, Holden Road, London, Greater London N12 8HS2
£390K09/210.51 miFlat 5, Avon Court, Holden Road, London, Greater London N12 8HR2
£508K03/230.53 miGround Floor Flat, 63, Gainsborough Road, London, Greater London N12 8AA2
£390K05/210.54 mi55, Long Lane, London, Greater London N3 2HY2
£515K06/210.54 mi95a, Long Lane, London, Greater London N3 2HY2
£380K05/230.54 mi83a, Long Lane, London, Greater London N3 2HY2

Local Rents

50 rents from £1.5K/mo to £2.7K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,70005/240.05 miGranville Court, Granville Road, Finchley Central N12 0HL2
£1,70002/240.06 miFinchley Court, Ballards Lane, Finchley, London, N32
£1,85006/240.06 miBallards Lane, Finchley, N32
£1,50006/240.06 miMoss Hall Grove, North Finchley, N12 8PJ2
£1,90006/240.06 miFinchley Court, Ballards Lane, Finchley2
£1,90008/240.08 miBallards Lane Finchley Central N32
£2,00004/250.08 mi-2
£1,75006/240.09 miRegent Court, Ballards Lane, London, N32
£1,80005/240.1 miMoss Hall Gove, London, N122
£1,80005/240.1 mi-2
£1,85006/240.1 mi-2
£1,90004/250.1 mi-2
£1,75007/240.1 miBallards Lane, London2
£1,60006/240.11 miMoss Hall Grove, Woodside Park, N122
£1,90005/240.13 miGranville Road, North Finchley, London, N122
£1,90005/240.13 miGranville Road, North Finchley, London, N122
£1,73404/250.15 mi-2
£1,73403/250.15 mi-2
£1,99506/240.16 miEtchingham Court, Etchingham Park Road, Finchley2
£1,60004/250.17 mi-2
£1,75005/240.17 miSeymour Road London N32
£2,00005/240.17 miEtchingham Court, Finchley Central, N32
£1,97505/240.17 mi-2
£1,85006/240.17 miEtchingham Park Road London N32
£1,70005/240.17 miEtchingham Court, Etchingham Park Road, Finchley, N32
£1,70006/240.17 miEtchingham Court, Etchingham Park Road, Finchley, N32
£2,50005/240.18 mi-2
£1,85007/240.18 miNigel Court, Seymour Road, Finchley, N32
£1,90001/250.19 mi-2
£1,90002/250.19 mi-2
£2,29505/240.19 miBallards Lane, Finchley2
£2,35007/240.19 miBallards Lane, Finchley2
£1,70011/240.2 mi-2
£2,00005/240.2 miBallards Lane, Finchley, N122
£1,60012/240.21 miChislehurst Avenue, North Finchley, London, N122
£1,80005/240.22 mi-2
£2,00007/240.22 miBallards Lane, Finchley2
£1,90005/240.22 miNether Street London N32
£2,20005/240.23 miBallards Lane, London, N32
£1,70004/250.24 mi-2
£1,70004/250.24 mi-2
£1,99501/250.25 mi-2
£2,05006/240.26 miAlbany Court, London, N122
£1,90006/240.26 miAlbany Court, London, N122
£1,90006/240.26 mi-2
£1,80004/250.27 mi-2
£1,95003/250.28 mi-2
£2,50003/250.28 miAvenir Court | New Build Apartments Now Launched2
£2,70012/240.28 miHutton Grove, North Finchley, N122
£2,50003/250.29 mi-2

Local Area Statistics

Population in N3

26,584

Population in London

4,771,921

Town centre distance

6.50 miles away

Nearest school

0.10 miles away

Nearest train station

0.22 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-30%

Sales demand

Buyer's market

Capital growth (5yrs)

+19%

Property History

Listed for £450,000

December 30, 2024

Floor Plans

Description

  • Large Living Room +
  • Wood Flooring +
  • Ground Floor +
  • Chain Free +
  • Two Bedrooms +
  • Separate Kitchen +
  • Off Street Parking +
  • Garage +
  • Communal Gardens +
  • Call Extension No. 1007 +

Set within a purpose-built block, this spacious ground floor apartment is now available for sale.

Boasting in excess of 940sqft, this well-appointed apartment comprises of a hallway upon entrance, a good size fully equipped separate kitchen, a large living room which offers plenty of natural light, a large double primary bedroom with fitted wardrobes, a second bedroom and a family shower room.

This apartment is located within close proximity to an array of local amenities as well as multiple transport links, including West Finchley Tube Station (Northern Line) & North Finchley Bus Station.

Additional benefits include a separate w/c, wood flooring, a private garage, off street parking and communal gardens.

Tenure - Long Lease
Chain Free

NOTE: CGI furniture used for living room.

Call Extension No. 1007

Agent Details

The Estate Agency, Covering Nationwide

020 8051 4573

Next Steps?

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