2 Bed Flat, Single Let, London, N1 5JG, £475,000

Arden Estate, London, N1 5JG - 3 views - 3 months ago

Leasehold
BTL
~68 m²
+13 photos

ValuationUndervalued

Sold Prices£282K - £1.3M
Sold Prices/m²£6.7K/m² - £11.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£7K/m²

Value Estimate

£570,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£26,700

Total Cash In

£145,450

 

 

Cash Out

 

Rent Range

£1,800 - £5,199

Rent Estimate

£1,950

Running Costs/mo

£1,894

Cashflow/mo

£56

Cashflow/yr

£668

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £282K to £1.3M, average is £464K. £6.7K/m² to £11.7K/m², average is £10K/m².

PriceDateDistanceAddressBeds 
£500K01/230.04 miFlat 27, Celia House, Arden Estate, London, Greater London N1 6RB2
£415K02/230.13 miFlat 38, Clinger Court, Hobbs Place Estate, London, Greater London N1 5JA2
£472.9K06/240.17 miKempton House, Flat 19, Whitmore Estate, London, Greater London N1 5PE2
£445.5K02/230.21 miFlat 40, Geffrye Court, Geffrye Estate, London, Greater London N1 6RX2
£430K03/230.21 miFlat 17, Hathaway House, Myrtle Street, London, Greater London N1 6QE2
£500K11/200.26 miFlat 11, Fairchild House, Fanshaw Street, London, Greater London N1 6LH2
£425K08/240.26 miWenlock Court, Flat 29, New North Road, London, Greater London N1 7QR2
£375K10/200.27 miFlat 19, Finn House, Bevenden Street, London, Greater London N1 6BN2
£405K10/210.28 miFlat 63, Royal Oak Court, Pitfield Street, London, Greater London N1 6EN2
£436K04/230.28 mi157, Haberdasher Street, London, Greater London N1 6EH2
£406K04/210.3 miFlat 63, Sylvia Court, Cavendish Street, London, Greater London N1 7PG2
£670K01/230.3 mi34, Baltic Place, London, Greater London N1 5AQ2
£460K11/230.31 miFlat 80, Royal Oak Court, Pitfield Street, London, Greater London N1 6EP2
£550K03/210.31 mi126, Haberdasher Street, London, Greater London N1 6EJ2
£435K06/230.31 miFlat 57, Finn House, Bevenden Street, London, Greater London N1 6BL2
£420K12/200.35 miFlat 37, Charles Gardner Court, Haberdasher Street, London, Greater London N1 6DS2
£500K01/230.37 mi32, Pitfield Street, London, Greater London N1 6EU2
£435K11/230.41 mi5, Balmes Road, London, Greater London N1 5EY2
£471K02/210.41 miFlat 84, Shaftesbury Court, Shaftesbury Street, London, Greater London N1 7HN2
£282K06/230.41 miFlat 55, Laburnum Court, Laburnum Street, London, Greater London E2 8BH2
£415K06/210.41 miFlat 317, Fellows Court, Weymouth Terrace, London, Greater London E2 8LA2
£450K06/210.46 miFlat 27, Shoreditch House, Charles Square, London, Greater London N1 6HL2
£460K04/210.46 miFlat 37, Shoreditch House, Charles Square, London, Greater London N1 6HL2
£430K06/210.46 miFlat 73, Queensbridge Court, Queensbridge Road, London, Greater London E2 8PQ2
£720K03/230.46 mi235, New North Road, London, Greater London N1 7AT2
£675K06/210.47 mi80, De Beauvoir Road, London, Greater London N1 5AT2
£438K06/210.48 miFlat 16, Kent Court, Kent Street, London, Greater London E2 8NU2
£950K01/210.48 mi61a, Rivington Street, London, Greater London EC2A 3QQ2
£390K03/230.49 miFlat 4, Downham Court, Downham Road, London, Greater London N1 3HG2
£400K06/230.49 miFlat 86, Queensbridge Court, Queensbridge Road, London, Greater London E2 8PA2
£430K06/210.49 miFlat 45, Alford Court, Shepherdess Walk, London, Greater London N1 7JW2
£468K12/220.5 miFlat 20, Alford Court, Shepherdess Walk, London, Greater London N1 7JW2
£410K02/230.51 miFlat 58, Sivill House, Columbia Road, London, Greater London E2 7PJ2
£635K09/210.52 miFirst And Second Floor Flat, 224, New North Road, London, Greater London N1 7BJ2
£775K08/210.52 miBasement And Ground Floor Premises, 158, Downham Road, London, Greater London N1 3HJ2
£790K03/230.53 miFlat 8, Marlow House, Calvert Avenue, London, Greater London E2 7JL2
£775K08/210.54 miBasement And Ground Floor Premises, 158, Downham Road, London, Greater London N1 3HJ2
£515K12/220.55 miFlat 89, Regents Court, Pownall Road, London, Greater London E8 4QB2
£575K12/200.55 mi191a, Downham Road, London, Greater London N1 3HH2
£1.3M06/210.55 mi10, Coleman Fields, London, Greater London N1 7AG2
£475K06/210.55 miFlat 22, Rotherfield Court, Rotherfield Street, London, Greater London N1 3EA2
£580K08/210.56 mi89, Southgate Road, London, Greater London N1 3JS2
£977.5K02/210.57 mi57b, Cleveland Road, London, Greater London N1 3ES2
£950K11/230.57 mi7b, Almorah Road, London, Greater London N1 3EN2
£436K04/230.58 miFlat 15, Gowan House, Chambord Street, London, Greater London E2 7LR2
£657.3K07/230.59 mi12a, Yeate Street, London, Greater London N1 3EW2
£450K09/210.6 miFlat 10, Strickland House, Chambord Street, London, Greater London E2 7LP2
£440K05/230.6 miFlat 7, Strickland House, Chambord Street, London, Greater London E2 7LP2
£514.5K10/230.6 miFlat 12, Swanage Court, Hertford Road, London, Greater London N1 4SL2
£550K02/230.61 miFlat 27, Walton House, Montclare Street, London, Greater London E2 7ET2

Local Rents

50 rents from £1.8K/mo to £5.2K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,20001/250.04 mi-2
£2,95012/240.05 miWalbrook Court, 2 Hemsworth Street, N12
£2,50004/250.06 mi-2
£2,23205/240.07 miArden Estate, Islington, N12
£2,23105/240.07 miArden Estate, Hackney, London, N12
£2,25012/240.08 mi-2
£2,50012/240.08 miHamond Square, N12
£2,35012/240.08 mi-2
£3,50004/250.08 mi-2
£2,30012/240.1 mi-2
£3,59005/240.1 miPitfield Street, London, N1 6TZ, UK2
£1,80012/240.11 miHoxton Street, N12
£2,16012/240.11 mi-2
£2,50002/240.12 mi-2
£2,60002/240.12 mi-2
£2,40012/240.12 mi-2
£2,16605/240.13 miCrondall Court, N12
£2,10003/250.14 mi-2
£2,30002/240.14 mi-2
£2,30002/240.14 mi-2
£2,30002/250.14 mi-2
£2,05812/240.15 mi-2
£2,81705/240.15 miCrondall Street, Hoxton, N12
£2,81705/240.15 miCrondall Street, Hoxton, N12
£2,75005/240.15 miCrondall Street, Hoxton, N12
£2,81605/240.15 miCrondall Street, Shoreditch, N12
£2,20004/250.15 mi-2
£2,81705/240.15 miCrondall Street, Hackney, N12
£2,64305/240.16 miCrondall Street, London, N12
£2,14505/240.16 mi-2
£2,00001/250.16 mi-2
£2,81705/240.16 miThe Residence Hoxton, Islington, London, N12
£2,15003/240.17 miKingsland Road, Hoxton, London, E22
£1,94512/240.18 mi-2
£2,49203/240.19 mi161 - 165 Kingsland Road, E22
£2,10012/240.19 mi-2
£2,00001/250.19 mi-2
£2,10002/250.19 mi-2
£2,10003/250.19 mi-2
£2,32504/250.19 mi-2
£2,40002/250.19 mi-2
£2,32503/250.19 mi-2
£2,00005/240.2 miGopsall Street, Shoreditch Park, N12
£1,95012/240.21 miMill Row, Hoxton N12
£5,19903/250.21 mi-2
£2,17505/240.21 miCherbury Court, Hoxton, N12
£2,50005/240.21 miBridport Place, London, N12
£2,16712/240.22 miNew North Road, Islington, N12
£2,70012/240.22 mi-2
£2,50012/240.22 mi-2

Local Area Statistics

Population in N1

89,893

Population in London

4,771,921

Town centre distance

1.10 miles away

Nearest school

0.10 miles away

Nearest train station

0.21 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

-6%

Property History

Listed for £475,000

January 6, 2025

Floor Plans

Description

  • Purpose Built Apartment +
  • Private Balcony +
  • Two Double Bedrooms +
  • Open-plan Living spaces +
  • Fitted Bathroom suite +
  • Bright & Airy throughout +
  • Walking distance to Hoxton & Old Street Stations +
  • Highly sought after location +

SUMMARY
Exceptional Two Double Bedroom apartment located in one of London

DESCRIPTION
Exceptional Two Double Bedroom apartment located in one of London's most coveted areas, moments away from Hoxton Street and Old Street Station. Whether you're a first-time homebuyer or seeking a lucrative buy-to-let investment, this stunning residence has been thoughtfully redesigned by the current owners to a fantastic standard. With the added benefit of a private balcony this city home is an absolute must-see.

Spread across 700+ sq ft of living space this second floor home has been expertly finished to a high spec throughout, with remodelled kitchen and a stylish bathroom suite. Located in a well maintained purpose built development the home comprises: spacious main bedroom, a 2nd well sized double bedroom with built in storage, well finished bathroom suite and the hub of the home is the open plan/living kitchen area- offering plenty of dining, entertaining and lounging space with direct access out onto the private balcony to enjoy your morning coffee or evening tipple.

Perfectly situated between both Old Street Station (National Rail and Northern Line) and Hoxton Overground Station whilst benefiting from all the trendy bars, restaurants and boutiques that Shoreditch and Hoxton have to offer. Spitalfields and Columbia Road Markets are also within easy reach as well as the green spaces of Shoreditch Park.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Barnard Marcus, Tottenham

020 3857 8080

Next Steps?

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