2 Bed Flat, Single Let, London, N12 0AR, £325,000

High Road, Finchley, London, N12 0AR - 3 views - 3 months ago

Leasehold
BTL
ROI: 4%
~68 m²
+9 photos

ValuationUndervalued

Sold Prices£237.4K - £580K
Sold Prices/m²£3.3K/m² - £9.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.8K/m²

Value Estimate

£390,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Total Cash In

£95,950

 

 

Cash Out

 

Rent Range

£1,600 - £3,000

Rent Estimate

£1,650

Running Costs/mo

£1,366

Cashflow/mo

£284

Cashflow/yr

£3,413

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £237.4K to £580K, average is £382.5K. £3.3K/m² to £9.4K/m², average is £6.3K/m².

PriceDateDistanceAddressBeds 
£318K04/210.03 miFlat 7, North Gates, High Road, London, Greater London N12 0AR2
£321K04/230.05 mi71, Glebelands Close, London, Greater London N12 0AH2
£380K05/210.05 mi114, Glebelands Close, London, Greater London N12 0AN2
£300K03/230.05 mi102, Glebelands Close, London, Greater London N12 0AN2
£350K03/230.05 mi128, Glebelands Close, London, Greater London N12 0AN2
£360K06/210.07 mi111, Glebelands Close, London, Greater London N12 0AN2
£416.5K02/230.11 miGround Floor Flat, 17, Squires Lane, London, Greater London N3 2AN2
£330K06/210.16 mi158, Old Farm Road, London, Greater London N2 9RQ2
£265K10/220.16 mi142, Old Farm Road, London, Greater London N2 9RQ2
£360K04/210.24 mi61, Bow Lane, London, Greater London N12 0JL2
£535K05/230.25 mi22, Woodlands Avenue, London, Greater London N3 2NR2
£440K03/210.27 mi7a, Woodlands Avenue, London, Greater London N3 2NS2
£489K12/200.27 mi11, Woodlands Avenue, London, Greater London N3 2NS2
£385K01/230.34 mi165, Squires Lane, London, Greater London N3 2AA2
£327.5K06/210.37 mi597a, High Road, London, Greater London N12 0DY2
£485K10/230.39 mi27b, Granville Road, London, Greater London N12 0HP2
£390K05/210.4 mi55, Long Lane, London, Greater London N3 2HY2
£515K06/210.4 mi95a, Long Lane, London, Greater London N3 2HY2
£380K05/230.4 mi83a, Long Lane, London, Greater London N3 2HY2
£472K12/220.4 miFlat 21, Etchingham Court, Etchingham Park Road, London, Greater London N3 2EA2
£490K06/210.41 miFlat A, 3, Etchingham Park Road, London, Greater London N3 2DU2
£308K08/230.41 mi170d, Long Lane, London, Greater London N3 2RA2
£355K06/210.42 mi8, Simms Gardens, London, Greater London N2 8HT2
£332.5K03/230.42 mi21, Simms Gardens, London, Greater London N2 8HT2
£330K03/210.42 mi7, Simms Gardens, London, Greater London N2 8HT2
£335K03/210.44 mi23, Simms Gardens, London, Greater London N2 8HT2
£273.8K03/210.48 miFlat 5, Spencer Court, Granville Road, London, Greater London N12 0HN2
£500K11/220.49 mi2, Woodberry Gardens, London, Greater London N12 0HD2
£440K11/200.5 mi190a, Squires Lane, London, Greater London N3 2QT2
£470K11/200.5 mi196, Squires Lane, London, Greater London N3 2QT2
£347K10/200.52 mi214c, Ballards Lane, London, Greater London N3 2LX2
£320K12/200.52 miFlat 16, Colman Court, Christchurch Avenue, London, Greater London N12 0DT2
£350K11/230.52 miFlat 9, Colman Court, Christchurch Avenue, London, Greater London N12 0DT2
£368.1K11/210.55 mi261b, Ballards Lane, London, Greater London N3 1NG2
£340K01/240.55 mi626, High Road, London, Greater London N12 0NU2
£454K10/220.55 miFlat 33, Finchley Court, Ballards Lane, Finchley, London, Greater London N3 1NH2
£435K06/210.56 mi335a, Long Lane, London, Greater London N2 8JW2
£237.4K01/230.56 miFlat 5, The Fountains, Ballards Lane, Finchley, London, Greater London N3 1NL2
£425K07/230.57 miFlat 11, Netherwood, High Road, London, Greater London N2 8HH2
£423K07/230.58 miFlat 76, Finchley Court, Ballards Lane, Finchley, London, Greater London N3 1NJ2
£415K09/230.58 mi18, Burnbrae Close, London, Greater London N12 8PH2
£390K11/200.58 mi18, Burnbrae Close, London, Greater London N12 8PH2
£412.5K02/210.59 miFlat 1, Finchley Court, Ballards Lane, Finchley, London, Greater London N3 1NH2
£362K10/200.6 miGround Floor Flat, 687, High Road, London, Greater London N12 0DA2
£575K12/220.6 mi10, Rosemary Avenue, London, Greater London N3 2QN2
£400K03/210.6 mi14a, Brownlow Road, London, Greater London N3 1NA2
£331K11/230.62 miFlat 6, Garden Lodge Court, Church Lane, London, Greater London N2 8DU2
£462.5K04/210.62 mi16a, Rosemont Avenue, London, Greater London N12 0BX2
£580K03/210.62 mi66, Princes Avenue, London, Greater London N3 2DB2
£550K12/220.62 mi62b, Princes Avenue, London, Greater London N3 2DB2

Local Rents

50 rents from £1.6K/mo to £3K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£2,05005/240.05 miGlebelands Close, North Finchley, London, N122
£2,05004/250.05 mi-2
£2,20005/240.05 mi-2
£2,15003/250.06 mi-2
£1,70006/240.07 miHigh Road, North Finchley, N122
£1,70002/240.07 mi-2
£1,80005/240.11 miConnections House, Glebe Road, London2
£1,90002/250.11 mi-2
£1,80005/240.14 miConnections House, Glebe Road, Finchley, London, N32
£1,85007/240.14 miGlebe Road, Finchley2
£2,05006/240.15 miHigh Road, London, N22
£1,90012/240.17 miGranville Place, Finchley, London, N122
£2,05012/240.18 mi-2
£1,60005/240.19 miGranville Place, High Road, North Finchley, London, N122
£1,70006/240.19 miHigh Road, North Finchley, N122
£1,90006/240.19 miHigh Road2
£2,10003/250.19 mi-2
£1,77512/240.2 mi-2
£2,00008/240.21 miQueens Avenue, London2
£2,00008/240.21 miQueens Avenue, Finchley, N32
£2,00007/240.22 miQueens Avenue, Finchley, London, N32
£2,10012/240.24 miLankaster Gardens, East Finchley, N22
£1,65002/250.27 mi-2
£2,05006/240.27 mi-2
£2,05006/240.27 miHigh Road, London, N22
£1,65005/240.28 miSquires Court, Abingdon Road, London, N32
£2,00005/240.31 miSquires Lane, London, N32
£1,90006/240.31 mi-2
£1,90006/240.31 miHigh Road, London, N22
£1,99501/250.31 mi-2
£1,80002/240.32 miSquires Lane, Finchley, London, N32
£1,60012/240.35 miChislehurst Avenue, North Finchley, London, N122
£1,65006/240.36 miLong Lane, Finchley2
£1,95005/240.36 miHigh Road, North Finchley, London, N122
£1,60006/240.37 miLong Lane, Finchley2
£1,80004/250.38 mi-2
£1,70005/240.39 miEtchingham Court, Etchingham Park Road, Finchley, N32
£1,70006/240.39 miEtchingham Court, Etchingham Park Road, Finchley, N32
£1,85006/240.39 miEtchingham Park Road London N32
£1,97505/240.39 mi-2
£2,00005/240.4 miEtchingham Court, Finchley Central, N32
£3,00009/240.4 miSquires Lane, Finchley, London, N32
£1,65006/240.4 mi-2
£1,99506/240.41 miEtchingham Court, Etchingham Park Road, Finchley2
£2,50005/240.41 mi-2
£1,80005/240.42 miSimms Gardens, East Finchley, N22
£1,90005/240.43 miGranville Road, North Finchley, London, N122
£1,90005/240.43 miGranville Road, North Finchley, London, N122
£1,60005/240.44 miBlackdown Close, East Finchley, N22
£1,82006/240.45 miCrathorne House, London, N22

Local Area Statistics

Population in N12

28,741

Population in London

4,771,921

Town centre distance

5.96 miles away

Nearest school

0.10 miles away

Nearest train station

0.76 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+12%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Listed for £325,000

January 20, 2025

Floor Plans

Description

  • Purpose Built Block +
  • Top Floor +
  • Ideal location for amenties & transport links +
  • Two bedrooms +
  • Walk in wardrobe to primary bedroom +
  • Balcony +
  • Chain free +

STAMP DUTY FREE FOR FIRST TIME BUYERS SUBJECT TO COMPLETING BY THE 31ST MARCH 2025.
Set in a purpose built block we are pleased to offer a two bedroom top floor flat. The property is ideally located for local amenities such as North Finchley Leisure Complex and transport links. The property comprises of two double bedrooms with a walking wardrobe to the primary bedroom, kitchen with access to a private balcony, reception area and family bathroom.
Offered on a chain free basis.
An internal viewing is highly recommended.

Agent Details

Winkworth, Finchley

020 3856 3929

Next Steps?

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