3 Bed Flat, Single Let, London, N22 5BF £575,000

2a Canning Crescent, London, N22, N22 5BF - 10 months ago
Leasehold
BTL
55 m²
Property image

ValuationOvervalued

Sold Prices£342.5K - £840K
Sold Prices/m²£4.2K/m² - £12.9K/m²

 

 

Square Metres

55 m²
Price/m²£10.5K/m²

Value Estimate

£347,054

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£143,750

Stamp Duty & Legal Fees

£36,700

Total Cash In

£180,450

 

 

Cash Out

 

Rent Range

£1,950 - £3,000

Rent Estimate

£2,156

Running Costs/mo

£2,248

Cashflow/mo

£-92

Cashflow/yr

£-1,105

Gross Yield

4%

Local Sold Prices

39 sold prices from £342.5K to £840K, average is £500K. £4.2K/m² to £12.9K/m², average is £6.3K/m².

Price
Date
Distance
Address
Beds
 
£565K02/250.09 mi7, Stuart Crescent, Wood Green, London N22 5NJ3
£565K11/210.2 mi4a, Pellatt Grove, London, Greater London N22 5PL3
£490K07/230.31 mi25, Palmerston Road, London, Greater London N22 8QH3
£520K12/230.34 mi32b, Sylvan Avenue, London, Greater London N22 5HY3
£342.5K01/250.38 miFirs House, 19, Acacia Road, Wood Green, London N22 5SA3
£392.9K11/240.39 mi112, Station Road, Wood Green, London N22 7SX3
£450K02/240.43 mi22, Lyndhurst Road, Wood Green, London N22 5AT3
£437K06/210.44 mi27, Lascotts Road, London, Greater London N22 8JG3
£480K03/250.45 mi27, Lascotts Road, Wood Green, London N22 8JG3
£480K03/250.45 mi27, Lascotts Road, Wood Green, London N22 8JG3
£407K08/230.48 mi154, Maryland Road, London, Greater London N22 5AP3
£417K02/230.51 miGround Floor Flat, 117, Maryland Road, London, Greater London N22 5AS3
£527K02/230.51 mi129, Maryland Road, London, Greater London N22 5AS3
£430K02/240.52 mi102a, Whittington Road, London, Greater London N22 8YH3
£640K04/230.52 mi18a, Palace Gates Road, London, Greater London N22 7BN3
£375K12/240.52 mi137, Lyndhurst Road, Wood Green, London N22 5AY3
£430K12/240.53 mi169, Lyndhurst Road, Wood Green, London N22 5AY3
£400K03/250.56 miFlat A, 130, Gladstone Avenue, Wood Green, London N22 6LH3
£400K03/250.56 miFlat A, 130, Gladstone Avenue, Wood Green, London N22 6LH3
£645K09/230.58 mi24, Crescent Road, Wood Green, London, Greater London N22 7RS3
£580K06/210.61 mi117, Crescent Road, Wood Green, London, Greater London N22 7RU3
£375K06/210.63 mi22, Tredegar Road, London, Greater London N11 2PY3
£431.5K12/220.67 mi246, Lymington Avenue, London, Greater London N22 6JN3
£760K03/250.69 mi52, Albert Road, Wood Green, London N22 7AH3
£760K03/250.69 mi52, Albert Road, Wood Green, London N22 7AH3
£350K03/250.74 mi25, Brownlow Court, Brownlow Road, Southgate N11 2BH3
£540K04/240.78 mi99, Victoria Road, Wood Green, London, Greater London N22 7XG3
£440K08/240.8 mi18, Albert Close, Wood Green, London N22 7AL3
£783K05/250.8 mi156, Albert Road, Wood Green, London N22 7AH3
£783K05/250.8 mi156, Albert Road, Wood Green, London N22 7AH3
£500K03/250.83 mi156, Westbury Avenue, Wood Green, London N22 6RT3
£500K03/250.83 mi156, Westbury Avenue, Wood Green, London N22 6RT3
£500K03/250.83 mi156, Westbury Avenue, Wood Green, London N22 6RT3
£515K06/210.84 mi125, Sirdar Road, London, Greater London N22 6QS3
£840K10/210.89 mi143, Albert Road, Wood Green, London, Greater London N22 7AG3
£690K01/250.9 mi42, Boundary Road, Tottenham, London N22 6AD3
£605K03/240.95 mi2, Winton Avenue, London, Greater London N11 2AT3
£505K09/210.96 mi33a, Carlingford Road, London, Greater London N15 3EJ3
£350K10/210.99 miFlat 13, Mildura Court, Church Lane, Hornsey, London, Greater London N8 7NS3

Local Rents

50 rents from £1.9K/mo to £3K/mo, average is £2.5K/mo.

Rent
Date
Distance
Address
Beds
 
£2,30010/250.02 mi-3
£2,00012/240.06 mi-3
£2,40006/240.09 mi-3
£2,50011/250.09 mi-3
£2,50011/250.09 mi-3
£2,50011/250.09 mi-3
£2,65010/250.09 miCommerce Road, Wood Green, London, N223
£2,65011/250.09 mi-3
£2,25005/250.11 miHigh Road, Manor Park, London3
£2,95011/250.12 miEwart Grove, N22 5NY3
£1,95010/250.15 miEwart Grove, Wood Green , London3
£2,69007/240.15 mi-3
£2,29011/250.15 mi-3
£2,69006/240.15 miMowbray Court, London, N223
£2,29011/250.15 miMowbray Court, London, N223
£2,49010/250.15 miEwart Grove, London, N223
£2,49011/250.15 miEwart Grove, London, N223
£2,70012/240.17 mi-3
£2,89905/240.2 mi-3
£2,99506/240.2 mi-3
£2,15010/250.2 miWhite Hart Lane, N223
£2,10010/250.2 miWhite Hart Lane, N223
£2,39003/250.22 mi-3
£2,50003/250.22 mi-3
£2,50004/250.22 mi-3
£2,50004/250.22 mi-3
£2,50004/250.22 mi-3
£2,25010/250.22 miFinsbury Road, London3
£2,25005/240.23 miFinsbury Road , Wood Green London N223
£2,25010/250.23 miFinsbury Park Road, Finsbury Park, N223
£2,25005/240.23 miFinsbury Road, Bounds Green, London3
£3,00001/240.23 mi-3
£2,25003/250.23 mi-3
£2,50007/240.24 miTruro Road, London, N223
£2,50007/240.24 mi-3
£2,50005/240.24 miFinsbury Road, London, N223
£2,80011/250.24 miJustin Place, London, N223
£2,80011/250.24 mi-3
£2,40005/240.24 miJustin Place, Bounds Green, London3
£2,50007/240.25 miClarence Road, Bowes Park, London, N223
£2,75011/250.25 miClarence Road, Bowes Park, London, N223
£2,25005/250.25 miPartridge Way, Bowes Park, N223
£2,50012/240.26 mi-3
£2,40001/250.27 mi-3
£2,40007/250.27 miSidney Road, London, N223
£2,40009/250.27 mi-3
£2,40012/240.29 mi-3
£2,20001/250.29 mi-3
£2,19510/250.29 miSylvan Avenue, Wood Green3
£2,73009/250.31 miBraemar Avenue, London, N223

Local Area Statistics

Population in N22

42,996

Population in London

4,771,921

Town centre distance

5.08 miles away

Nearest school

0.10 miles away

Nearest train station

0.31 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-9%

Sales demand

Buyer's market

Capital growth (5yrs)

+14%

Property History

Price changed to £575,000

May 15, 2025

Listed for £600,000

January 25, 2025

Floor Plans

Property image

Description

  • Stunning Three Bedroom Modern Apartment +
  • Sought After Development +
  • Stylish Interiors And High Quality Finish +
  • Bright And Spacious Open Plan Reception/Kitchen +
  • Private Balcony +
  • Family Bathroom And En-Suite +
  • Landscaped Communal Gardens And Bike Store +
  • Long Lease +
  • Close To Excellent Transport Links And Amenities +
    • BOOK YOUR VIEWING ONLINE! * +

The Property
Stunning three bedroom apartment with private balcony and long lease, ideally situated in a popular modern development close to transport links and amenities. The property offers bright and spacious accommodation with stylish interiors and high quality finish throughout - ideal for homeowner or investor alike in this fantastic residential location. Features include an impressive dual aspect open plan reception/kitchen/diner, stylish family bathroom and principal en-suite, underfloor heating, double glazing, and secure entry. The development itself boasts beautifully landscaped communal gardens and secure bike store.

Accommodation comprises entrance hall with inbuilt storage, leading into the open plan dual aspect reception/kitchen/diner with direct access onto the delightful private balcony and ample space for both relaxing and dining. The kitchen area comprises a modern range of matching wall and base units with quartz work surfaces incorporating inset sink unit and full compliment of 'Bosch' appliances. There are three generously sized double bedrooms - all with fitted carpets, and with en-suite shower to the largest room. A stylish family bathroom with white three piece suite and elegant tiling completes the accommodation.

The property is very conveniently located on a peaceful residential crescent road within easy reach of Wood Green station, as well as numerous regular bus routes linking the surrounding area. There are a variety of shops and amenities within a short distance, as well as good local schools and lovely open spaces including the glorious grounds at Alexandra Park and Palace.

To book a viewing instantly just visit our website or download our award-winning App.

Lease Information
We understand the lease on the property is 999 years from 6 September 2018. All prospective purchasers are advised to make their own enquiries and verify this information with a solicitor.

Service Charges
We understand the ground rent is £400 annually, payable on 30 December each year. This year's service charge will be £3367.42 for the full year, payable in two installments (December and June). The service charge for the property represents 7.71% of total budget amount (calculated on the basis of flat size). The service charge is reviewed on an annual basis and a full account/breakdown of costs for the entire building is provided. All prospective purchasers are advised to make their own enquiries and verify this information with a solicitor.

Property ownership information

Ground rent review period: Every 1 year

Service charge review period: Every 1 year

Lease end date: 03/09/2143

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering North London

020 3834 8512

Next Steps?

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