2 Bed Flat, Single Let, London, N17 6TD £315,000

Leasehold

BTL

ROI: 4%

~54 m²

ValuationUndervalued

Sold Prices	£120K - £600K
Sold Prices/m²	£2K/m² - £10.3K/m²

Square Metres	~53.51 m²
Price/m²	£5.9K/m²
Value Estimate	£339,122£339,122
BMV	8%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£78,750£78,750
Stamp Duty & Legal Fees	£22,700£22,700
Total Cash In	£101,450£101,450

Cash Out
Rent Range	£1,500 - £2,200£1,500 - £2,200
Rent Estimate	£1,683
Running Costs/mo	£1,341£1,341
Cashflow/mo	£342£342
Cashflow/yr	£4,104£4,104
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £120K to £600K, average is £400K. £2K/m² to £10.3K/m², average is £6.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£491K	06/23	0.03 mi	14, The Avenue, Tottenham, London, Greater London N17 6TD	£8,322	59	2	Flat
£463K	12/24	0.05 mi	33, Flat 1, Whitley Road, Tottenham, London N17 6RJ	£7,234	64	2	Flat
£381K	02/25	0.1 mi	20, Flat A, Chandos Road, Tottenham, London N17 6HN	-	-	2	Flat
£600K	01/25	0.12 mi	18, Left Flat, Sperling Road, Tottenham, London N17 6UH	£8,219	73	2	Flat
£468.5K	05/25	0.12 mi	30, Radley Road, Tottenham, London N17 6RL	-	-	2	Flat
£468.5K	05/25	0.12 mi	30, Radley Road, Tottenham, London N17 6RL	£7,808	60	2	Flat
£540K	06/23	0.12 mi	Flat Left, 18, Sperling Road, London, Greater London N17 6UH	-	-	2	Flat
£320K	04/23	0.14 mi	25b, Forest Gardens, London, Greater London N17 6XA	-	-	2	Flat
£380K	12/22	0.15 mi	First Floor Flat, 42, Bruce Grove, London, Greater London N17 6RN	£5,672	67	2	Flat
£365K	06/21	0.16 mi	4b, Linley Road, London, Greater London N17 6RP	-	-	2	Flat
£400K	11/22	0.16 mi	Ground Floor Flat, 31, Drayton Road, London, Greater London N17 6HJ	£7,547	53	2	Flat
£375K	06/23	0.17 mi	Flat 9, Gaven House, Broadwater Road, London, Greater London N17 6JB	-	-	2	Flat
£446K	08/25	0.17 mi	Ground Floor Flat A, 45, Drayton Road, Tottenham, London N17 6HJ	-	-	2	Flat
£385K	10/23	0.17 mi	53, Steele Road, London, Greater London N17 6YJ	-	-	2	Flat
£391K	02/23	0.17 mi	103, Steele Road, London, Greater London N17 6YJ	-	-	2	Flat
£120K	08/23	0.18 mi	20, Steele Road, London, Greater London N17 6YA	£2,024	59	2	Flat
£515K	03/25	0.21 mi	227, Flat A, Mount Pleasant Road, Tottenham, London N17 6HD	-	-	2	Flat
£430K	03/25	0.22 mi	Ground Floor Flat A, 63, Bruce Grove, Tottenham, London N17 6RN	-	-	2	Flat
£452.5K	03/25	0.24 mi	271, Mount Pleasant Road, Tottenham, London N17 6HD	£7,778	58	2	Flat
£202.7K	10/21	0.27 mi	Flat 15, Martlesham, Adams Road, London, Greater London N17 6HT	-	-	2	Flat
£179K	12/21	0.27 mi	5, Reed Road, London, Greater London N17 9BU	£2,995	60	2	Flat
£392K	03/25	0.31 mi	St Andrews Court, Flat 17, Scotland Green, Tottenham, London N17 9GT	£5,444	72	2	Flat
£331K	02/25	0.32 mi	Millicent Fawcett Court, 41, Pembury Road, Tottenham, London N17 6SU	£5,254	63	2	Flat
£408K	11/22	0.32 mi	53, Napier Road, London, Greater London N17 6YG	-	-	2	Flat
£325K	05/25	0.32 mi	18, Lauriston Apartments, Ambleside Close, Tottenham, London N17 6FF	£6,500	50	2	Flat
£325K	05/25	0.32 mi	18, Lauriston Apartments, Ambleside Close, Tottenham, London N17 6FF	-	-	2	Flat
£341K	01/23	0.35 mi	21, Chesnut Grove, London, Greater London N17 9ET	£5,246	65	2	Flat
£415K	04/23	0.36 mi	52, Pembury Road, London, Greater London N17 8LY	-	-	2	Flat
£426K	06/21	0.39 mi	56a, Dongola Road, London, Greater London N17 6EE	-	-	2	Flat
£515K	02/25	0.4 mi	24, Mount Pleasant Road, Tottenham, London N17 6TN	£10,300	50	2	Flat
£463.5K	11/22	0.44 mi	50, Kitchener Road, Tottenham, London N17 6DX	£7,991	58	2	Flat
£355K	10/21	0.45 mi	36a, Kitchener Road, London, Greater London N17 6DX	-	-	2	Flat
£430K	08/23	0.46 mi	51, Kitchener Road, London, Greater London N17 6DU	£6,514	66	2	Flat
£321K	06/21	0.47 mi	28, Gascoigne Close, London, Greater London N17 8BA	£5,350	60	2	Flat
£285K	07/25	0.5 mi	26, Baldewyne Court, Lansdowne Road, Tottenham, London N17 9XH	-	-	2	Flat
£400K	09/24	0.5 mi	320b Mulberry House, 12, High Road, Tottenham, London N15 4BN	£5,333	75	2	Flat
£400K	11/22	0.51 mi	46, Siddons Road, London, Greater London N17 9UT	-	-	2	Flat
£328K	12/24	0.55 mi	Cromberdale Court, 4, Spencer Road, Tottenham, London N17 9UX	£5,290	62	2	Flat
£340K	08/25	0.55 mi	14, Cromberdale Court, Spencer Road, Tottenham, London N17 9UX	-	-	2	Flat
£440K	01/25	0.61 mi	5, Copperfield Drive, Tottenham, London N15 4UF	£7,586	58	2	Flat
£365K	08/23	0.63 mi	Flat 7, Beaufort House, Talbot Road, South Tottenham, London, Greater London N15 4DR	-	-	2	Flat
£447K	03/25	0.64 mi	58, Butterfly Court, Bathurst Square, Tottenham, London N15 4FA	£6,296	71	2	Flat
£465K	01/23	0.65 mi	Flat 55, Butterfly Court, Bathurst Square, London, Greater London N15 4FA	-	-	2	Flat
£450K	02/25	0.66 mi	2, First Floor Flat, Kirkstall Avenue, Tottenham, London N17 6PH	£7,500	60	2	Flat
£468K	03/25	0.66 mi	34, Tynemouth Road, Tottenham, London N15 4AX	£9,750	48	2	Flat
£580K	08/25	0.67 mi	Ground Floor Left Flat 1, 9, Bedford Road, Tottenham, London N15 4HA	-	-	2	Flat
£403K	02/25	0.67 mi	45, De Quincey Road, Tottenham, London N17 7DJ	£5,446	74	2	Flat
£451.2K	07/25	0.68 mi	288, Philip Lane, Tottenham, London N15 4AB	-	-	2	Flat
£400K	11/24	0.69 mi	84, Tynemouth Road, Tottenham, London N15 4AX	£7,273	55	2	Flat
£335K	12/22	0.71 mi	92b, West Green Road, London, Greater London N15 5NS	-	-	2	Flat

Local Rents

50 rents from £1.5K/mo to £2.2K/mo, average is £1.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,750	05/24	0.02 mi	The Avenue , Tottenham , London, N17	2	Flat
£1,700	06/24	0.02 mi	The Avenue , Tottenham , London, N17	2	Flat
£1,750	10/25	0.09 mi	The Avenue	2	Flat
£2,000	10/25	0.09 mi	Broadwater Road, Ground Floor Flat, London, N17	2	Flat
£2,000	11/25	0.12 mi	-	2	Flat
£1,900	12/24	0.12 mi	-	2	Flat
£1,850	07/25	0.12 mi	Bruce Grove, Tottenham, N17	2	Flat
£1,700	10/25	0.13 mi	The Avenue, Tottenham	2	Flat
£1,750	06/24	0.13 mi	Woodside Gardens, London, N17	2	Flat
£1,850	08/25	0.13 mi	Bruce Grove, London	2	Flat
£1,750	07/25	0.14 mi	Woodside Gardens, Tottenham	2	Flat
£2,100	10/25	0.14 mi	-	2	Flat
£2,200	09/25	0.14 mi	-	2	Flat
£1,750	10/25	0.15 mi	Hartham Road, London, N17	2	Terraced House
£1,900	09/25	0.15 mi	The Avenue, London, N17	2	Flat
£1,700	01/25	0.15 mi	-	2	Flat
£1,700	01/25	0.15 mi	-	2	Flat
£1,750	10/25	0.15 mi	Hartham Road, Tottenham N17	2	Detached House
£1,800	05/24	0.16 mi	-	2	Flat
£1,800	05/24	0.16 mi	Woodside Gardens, London, N17	2	Flat
£1,800	10/25	0.16 mi	Steele Road, Tottenham	2	Flat
£1,950	01/25	0.16 mi	-	2	Flat
£1,950	02/25	0.16 mi	-	2	Flat
£1,800	05/24	0.17 mi	Drayton Road, London, N17	2	Flat
£1,850	11/25	0.17 mi	-	2	Flat
£1,700	11/25	0.17 mi	Forest Gardens, Tottenham, London, N17	2	Flat
£1,695	05/24	0.17 mi	Steele Road, Tottenham	2	Flat
£1,550	05/25	0.17 mi	Steele Road, Tottenham	2	Flat
£1,900	05/24	0.17 mi	-	2	Terraced House
£1,795	10/25	0.17 mi	Napier Road, London, N17	2	Flat
£1,795	10/25	0.17 mi	-	2	Flat
£1,500	06/24	0.2 mi	Lordsmead Road, Tottenham, London, N17	2	Flat
£1,950	11/25	0.21 mi	-	2	Flat
£2,095	11/25	0.21 mi	-	2	Flat
£2,000	04/25	0.21 mi	-	2	Flat
£2,000	05/25	0.21 mi	-	2	Flat
£2,095	08/25	0.21 mi	-	2	Flat
£2,095	09/25	0.21 mi	-	2	Flat
£1,850	09/25	0.21 mi	-	2	Flat
£1,500	10/25	0.21 mi	Mount Pleasant Road, Tottenham, N17	2	Flat
£1,800	11/25	0.22 mi	-	2	Flat
£1,750	08/25	0.22 mi	Newlyn Road, Bruce Grove, London	2	Flat
£2,050	06/24	0.22 mi	Mount Pleasant Road, London, N17	2	Flat
£1,800	09/25	0.22 mi	-	2	Flat
£1,800	11/25	0.23 mi	Mount Pleasant Road, Tottenham, Bruce Grove, North london, N17	2	Flat
£1,700	10/25	0.23 mi	Mount Pleasant Road, Tottenham	2	Flat
£1,845	12/24	0.23 mi	-	2	Flat
£1,700	12/24	0.24 mi	-	2	Flat
£1,750	09/25	0.24 mi	Mount Pleasant Road, London	2	Flat
£1,800	11/25	0.24 mi	Napier Road, London	2	House

Local Area Statistics

Population in N17	62,84362,843
Population in London	4,771,9214,771,921
Town centre distance	4.82 miles away4.82 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.16 miles away0.16 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-2%-2%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+16%+16%

Property History

Price changed to £315,000

February 24, 2025

Listed for £325,000

January 20, 2025

Floor Plans

Description

*CHAIN FREE*
*SERVICE CHARGE ONLY £562 PA*
*GROUND RENT ONLY £100.00*
*LONG LEASE 105 YEARS REMAINING*

Target Property is pleased to offer for sale exclusively this charming first-floor flat. It features a modern open-plan kitchen, diner, and living area, along with a 3-piece bathroom suite. Ideal for those looking for a cosy home in a vibrant neighbourhood.

This flat is conveniently located near several transport options. Bruce Grove Station and Seven Sisters Station are within a 1 mile radius, providing easy access to the city's extensive rail network. Additionally, there are several bus stops close by offering various routes across the city.

For shopping and amenities, Tottenham Hale Retail Park offers a range of shops, restaurants, and services. Local shops and supermarkets are also within walking distance, providing all the essentials and more.

This property combines convenience with modern living, making it a perfect choice for individuals, couples, or small families. Don't miss the opportunity to make this delightful flat your new home!

Agent Details

Target Property, Cheshunt

020 3897 0869

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

Sold STC

2 Bed Flat, Single Let, London, N17 6UN

£425,000

9 months ago • 84 m²

4 Bed House, Single Let, London, N17 6RJ

£900,000

12 days ago • 60 m²

2 Bed Flat, Single Let, London, N17 6RQ

£440,000

a month ago • 56 m²

2 Bed Flat, Single Let, London, N17 6TB

£390,000

2 months ago • 68 m²