5 Bed HMO, London, N15 5DD, £500,000

Brunswick Road, London, N15 5DD - 10 views - 2 months ago

Under Offer

HMO

ROI: 9%

~178 m²

+12 photos

ValuationUndervalued

Sold Prices	£245K - £1.6M
Sold Prices/m²	£2.3K/m² - £11.3K/m²

Square Metres	~178.28 m²
Price/m²	£2.8K/m²
Value Estimate	£600,000£600,000
BMV	20%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£125,000£125,000
Stamp Duty & Legal Fees	£28,700£28,700
Total Cash In	£153,700£153,700

Cash Out
Room Rate	£862£862
Gross Rent	£4,310£4,310
Running Costs/mo	£3,112£3,112
Cashflow/mo	£1,198£1,198
Cashflow/yr	£14,377£14,377
ROI	9%9%
Gross Yield	10%10%

Local Sold Prices

25 sold prices from £245K to £1.6M, average is £793K. £2.3K/m² to £11.3K/m², average is £6.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£1.5M	10/22	0.25 mi	5, Bedford Road, London, Greater London N15 4HA	£7,027	215	5	Terraced House
£810K	07/23	0.25 mi	122, Roslyn Road, London, Greater London N15 5JJ	£9,249	88	5	Terraced House
£245K	12/20	0.34 mi	61, Plevna Crescent, London, Greater London N15 6DX	£2,269	108	5	Terraced House
£755K	06/21	0.35 mi	22, Herbert Road, London, Greater London N15 4PE	£5,551	136	5	Terraced House
£765K	08/23	0.44 mi	29, Loxwood Road, London, Greater London N17 6TT	£8,315	92	5	Terraced House
£915K	12/20	0.49 mi	306, Philip Lane, London, Greater London N15 4AB	£4,442	206	5	Terraced House
£695K	01/22	0.5 mi	88, Gloucester Road, London, Greater London N17 6DH	£6,020	115	5	Semi-Detached House
£666.6K	10/21	0.6 mi	22, Downhills Avenue, London, Greater London N17 6LG	£5,509	121	5	Terraced House
£640K	03/21	0.61 mi	8, St Margarets Road, London, Greater London N17 6TY	-	-	5	Terraced House
£705K	01/21	0.69 mi	18, Wilmot Road, London, Greater London N17 6LH	£4,930	143	5	Terraced House
£800K	03/22	0.7 mi	1e, Terront Road, London, Greater London N15 3AA	-	-	5	Semi-Detached House
£1.6M	09/23	0.72 mi	23, Bergholt Crescent, London, Greater London N16 5JE	-	-	5	Semi-Detached House
£690K	02/23	0.73 mi	39, Rowley Road, London, Greater London N15 3AX	£7,263	95	5	Terraced House
£593K	01/21	0.75 mi	151, Higham Road, London, Greater London N17 6NU	£4,669	127	5	Terraced House
£686K	01/21	0.76 mi	80, Woodside Gardens, London, Greater London N17 6UW	£5,945	115	5	Terraced House
£498K	06/21	0.79 mi	47, Erskine Crescent, London, Greater London N17 9PR	-	-	5	Terraced House
£1.0M	11/23	0.86 mi	84, Rutland Gardens, London, Greater London N4 1JR	£9,799	103	5	Terraced House
£875K	03/21	0.86 mi	92, Rutland Gardens, London, Greater London N4 1JR	£8,663	101	5	Terraced House
£793K	02/21	0.87 mi	68, Avondale Road, London, Greater London N15 3SH	£8,030	99	5	Terraced House
£890K	12/20	0.88 mi	165, Carlingford Road, London, Greater London N15 3ET	£5,174	172	5	Terraced House
£1.0M	07/23	0.89 mi	72, Kimberley Gardens, London, Greater London N4 1LE	£10,347	101	5	Terraced House
£790K	06/21	0.96 mi	3, Kimberley Gardens, London, Greater London N4 1LB	£5,524	143	5	Terraced House
£975K	06/21	0.97 mi	26, Roseberry Gardens, London, Greater London N4 1JJ	£11,337	86	5	Terraced House
£890K	03/21	0.97 mi	48, Stanhope Gardens, Stroud Green, London, Greater London N4 1HT	£7,388	120	5	Terraced House
£1.1M	10/23	0.99 mi	73, Hermitage Road, London, Greater London N4 1LU	-	-	5	Terraced House

Local Area Statistics

Population in N15	44,54144,541
Population in London	4,771,9214,771,921
Town centre distance	4.05 miles away4.05 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.16 miles away0.16 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+35%+35%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+9%+9%

Property History

Listed for £500,000

January 30, 2025

Floor Plans

Description

5 Bedroom Terraced Town House +
2 Bathrooms & W/C +
Extra Study room +
5 minute walk to Seven Sisters Rail and Underground Station +
CHAIN FREE +
Ideal for investors who want plenty of rooms +

A Five bedroom Town house set over three floors with over 1,318 sq. ft of living space. The property is being offered to the market chain free & ideal for Residential buyers & investors.
The property is opposite Brunswick Park & benefits from 5 bedrooms, Kitchen Lounge, study room, 2 bathrooms & separate W/C, Gas central heating(untested) & off street parking.
In our opinion, once spending funds for a HMO license (STPP), this property would fetch very good rent.

Conveniently located within walking distance of the amenities on Seven Sisters Road, which offers a variety of shops, restaurants, and cafés, as well as a 5 minute walk to Seven Sisters Rail and Underground Station with direct links to the City. The property is also near the popular open green spaces of Downhills Park and falls within the catchment area for Seven Sisters Primary School.

Agent Details

Knights Residential, London

020 3889 9185

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.

6 Bed HMO, London, N15 4AX

£775,000

45 views • a month ago • 186 m²