2 Bed Flat, Single Let, London, N3 3SB, £400,000

Temple Close, Finchley, London, N3 3SB - 2 views - 2 months ago

Leasehold
BTL
ROI: 1%
~68 m²
+9 photos

ValuationUndervalued

Sold Prices£262K - £931K
Sold Prices/m²£4K/m² - £8.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.9K/m²

Value Estimate

£454,366
BMV14%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£20,700

Total Cash In

£120,700

 

 

Cash Out

 

Rent Range

£1,600 - £2,850

Rent Estimate

£1,738

Running Costs/mo

£1,618

Cashflow/mo

£120

Cashflow/yr

£1,445

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £262K to £931K, average is £412.5K. £4K/m² to £8.6K/m², average is £6.3K/m².

PriceDateDistanceAddressBeds 
£455K10/200.05 miFlat 1, Clifford Lodge, Bibsworth Road, London, Greater London N3 3RS2
£477.5K03/230.06 miFlat 10, Arundel Lodge, Salisbury Avenue, London, Greater London N3 3AL2
£262K06/210.11 miFlat 2, Bibsworth Lodge, Bibsworth Road, London, Greater London N3 3RN2
£262K06/210.11 miFlat 2, Bibsworth Lodge, Bibsworth Road, London, Greater London N3 3RN2
£400K02/230.14 mi26, Arden Road, London, Greater London N3 3AN2
£470K06/210.14 miFlat 70, Greenacres, Hendon Lane, London, Greater London N3 3SF2
£490K11/210.15 miFlat 6, Greenacres, Hendon Lane, London, Greater London N3 3SF2
£307K11/200.16 miFlat 59, Greenacres, Hendon Lane, London, Greater London N3 3SF2
£625K02/210.17 mi3b, St Marys Avenue, London, Greater London N3 1SN2
£415K09/210.18 miFlat 24, Derby Lodge, East End Road, London, Greater London N3 3QG2
£380K01/210.18 miFlat 6, Derby Lodge, East End Road, London, Greater London N3 3QG2
£355K02/230.18 miFlat 14, Derby Lodge, East End Road, London, Greater London N3 3QG2
£410K06/210.19 miFlat 7, Paul Court, Windsor Road, London, Greater London N3 3SP2
£575K10/220.21 miFlat 65, Mayflower Lodge, Regents Park Road, London, Greater London N3 3HX2
£430K09/230.21 miFlat 13, Ellerton Lodge, East End Road, London, Greater London N3 3QH2
£385K06/230.21 miFlat 24, Ellerton Lodge, East End Road, London, Greater London N3 3QH2
£610K01/210.23 miFlat 11, Mayflower Lodge, Regents Park Road, London, Greater London N3 3HU2
£485K03/210.26 miFlat 2, Georgian Court, Dollis Avenue, London, Greater London N3 1TY2
£505K08/230.26 miFlat 1, Georgian Court, Dollis Avenue, London, Greater London N3 1TY2
£420K12/200.32 mi15, Orchard Avenue, London, Greater London N3 3NL2
£420K12/200.32 mi15, Orchard Avenue, London, Greater London N3 3NL2
£555K06/210.33 miFlat 17, Chessington Lodge, Regents Park Road, London, Greater London N3 3AA2
£567.5K11/220.33 miFlat 26, Chessington Lodge, Regents Park Road, London, Greater London N3 3AA2
£400K04/210.44 mi47a, Lichfield Grove, London, Greater London N3 2JJ2
£500K06/210.44 mi57, Dollis Park, London, Greater London N3 1HJ2
£390K05/230.49 miFlat 4, Timberdene, Holders Hill Road, London, Greater London NW4 1LA2
£415K12/200.49 miFlat 19, Timberdene, Holders Hill Road, London, Greater London NW4 1LA2
£425K04/210.5 miFlat 11, Dollis Court, Crescent Road, London, Greater London N3 1HR2
£265K10/200.51 miFlat 43, Grove House, Waverley Grove, London, Greater London N3 3PU2
£405K03/230.52 miFlat 17, Norman Court, Nether Street, London, Greater London N3 1QQ2
£931K05/210.53 mi93, Lichfield Grove, London, Greater London N3 2JL2
£653K06/210.53 mi157, Holders Hill Road, London, Greater London NW7 1ND2
£360K01/230.53 mi129, Beaufort Park, London, Greater London NW11 6BY2
£360K06/210.53 miFlat 12, Fernside Court, Holders Hill Road, London, Greater London NW4 1JT2
£350K10/200.54 mi57, Basing Way, London, Greater London N3 3BP2
£382.5K03/230.54 mi33, Amberden Avenue, London, Greater London N3 3DE2
£320K12/220.54 mi19, Amberden Avenue, London, Greater London N3 3DE2
£325K11/200.55 mi120, Basing Way, London, Greater London N3 3DA2
£390K03/210.55 mi110, Beaufort Park, London, Greater London NW11 6BY2
£415K10/200.55 mi33, Addison Way, London, Greater London NW11 6AL2
£415K04/210.57 mi15a, Dollis Road, London, Greater London N3 1RB2
£450K08/230.59 mi55a, Dollis Road, London, Greater London N3 1RD2
£436K03/210.59 mi55b, Dollis Road, London, Greater London N3 1RD2
£475K12/220.59 mi61, Beaufort Park, London, Greater London NW11 6BT2
£410K04/210.59 miGround Floor Maisonette, 83, Dollis Road, London, Greater London N3 1RD2
£343.5K04/230.6 mi20, Frith Court, London, Greater London NW7 1JP2
£395K10/200.6 mi44, Frith Court, London, Greater London NW7 1JP2
£391.8K03/210.6 mi12, Frith Court, London, Greater London NW7 1JP2
£375K06/210.6 mi33, Frith Court, London, Greater London NW7 1JP2
£385K05/240.61 mi41, Beaufort Park, London, Greater London NW11 6BS2

Local Rents

49 rents from £1.6K/mo to £2.9K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£2,00008/240.02 miTemple Close, London, N32
£2,00008/240.02 mi-2
£1,95005/240.06 miThe Terrace, Hendon Lane, Finchley, N32
£1,90005/240.06 miHendon Lane, Finchley2
£1,80006/240.06 miSalisbury Avenue, Finchley, N32
£2,85006/240.08 miHendon Lane, London, N32
£1,89512/240.09 mi-2
£2,00008/240.09 miShakespeare Road, London, N32
£2,65010/240.09 mi-2
£1,90006/240.1 miSalisbury Avenue, Finchley, N32
£2,80006/240.1 mi-2
£2,55011/240.1 mi-2
£2,00008/240.12 miRegents Park Road, Finchley Central2
£2,00012/240.13 mi-2
£2,20005/240.13 miRegents Park Road, Finchley Central, N32
£1,85010/240.14 mi-2
£2,40008/240.14 miHendon Lane, Finchley, London, N32
£2,10006/240.16 miEast End Road, London2
£1,80003/250.16 mi-2
£1,75003/250.16 mi-2
£1,85007/240.17 miRegents Park Road, Finchley, London, N32
£2,05007/240.18 miStanhope Avenue, Finchley, N32
£2,00006/240.18 miMountfield Road, Finchley2
£1,75102/250.19 mi-2
£1,80006/240.19 mi-2
£1,80006/240.19 miRegents Park Road, London, N32
£1,80006/240.19 miRegents Park Road, London, N32
£1,60006/240.19 miMountfield Road, Finchley, N32
£1,75007/240.19 mi-2
£1,80004/250.19 mi-2
£2,20007/240.2 miSt. Mary's Avenue, London, N32
£2,20008/240.2 miSt. Mary's Avenue, London, N32
£2,25005/240.2 mi-2
£2,20009/240.2 mi-2
£2,20005/240.2 miEast End Road, London, N32
£2,50008/240.21 miSpencer Close, Finchley, N32
£2,10008/240.23 miCavendish Avenue, Finchley Central, London2
£2,00006/240.25 miWindsor Road London N32
£1,75007/240.25 miWindsor Road London N32
£2,20006/240.25 miSpencer Close, Regents Park Road, London N32
£2,00005/240.26 miSpencer Close, Finchley2
£2,50006/240.26 miSpencer Close, Finchley, N32
£1,95006/240.27 mi-2
£1,75006/240.27 miCollege Terrace, Finchley Central, N32
£1,80005/240.28 miHolly Park, Finchley, London, N32
£2,35007/240.29 miMountfield Road, Finchley, N32
£1,70007/240.3 miEast End Road, Finchley, N32
£2,10002/240.3 mi-2
£2,20005/240.31 miIvor Court, 2 Chalgrove Gardens, Finchley, London, N32

Local Area Statistics

Population in N3

26,584

Population in London

4,771,921

Town centre distance

6.24 miles away

Nearest school

0.20 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-30%

Sales demand

Buyer's market

Capital growth (5yrs)

+19%

Property History

Listed for £400,000

January 23, 2025

Floor Plans

Description

  • Purpose built block +
  • Ground floor +
  • Large reception room +
  • Kitchen & Bathroom +
  • Two double bedrooms +
  • Long lease +
  • Communal gardens +

STAMP DUTY FREE FOR FIRST TIME BUYERS ON THE BASIS COMPLETION TAKES PLACE BY THE 31ST MARCH 2025.
Set in a popular location, with easy access to local amenities, transport links such as Finchley Central underground and Good Ofsted Rated Primary Schools, we are pleased to offer this two bedroom ground floor flat. The property is located within a purpose built block and comprises of a spacious reception room, two double bedrooms, kitchen and bathroom. Further benefits include a long lease and communal gardens.
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 💪