3 Bed Terraced House, Single Let, London, N4 1DE, £525,000

Hermitage Road, Harringay, London, N4 1DE - 4 views - 3 months ago

BTL
ROI: 1%
~93 m²
+3 photos

ValuationUndervalued

Sold Prices£450K - £1.1M
Sold Prices/m²£5.5K/m² - £34.4K/m²

 

 

Square Metres

~93 m²
Price/m²£5.6K/m²

Value Estimate

£645,750
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£131,250

Stamp Duty & Legal Fees

£30,700

Total Cash In

£161,950

 

 

Cash Out

 

Rent Range

£2,050 - £4,500

Rent Estimate

£2,300

Running Costs/mo

£2,121

Cashflow/mo

£179

Cashflow/yr

£2,153

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £450K to £1.1M, average is £763K. £5.5K/m² to £34.4K/m², average is £7.4K/m².

PriceDateDistanceAddressBeds 
£940K10/230.06 mi53, Hermitage Road, London, Greater London N4 1LU3
£860K06/240.07 mi4, Eade Road, London, Greater London N4 1DH3
£770K10/230.08 mi3, Vale Road, London, Greater London N4 1QA3
£825K02/240.28 mi114, Rutland Gardens, London, Greater London N4 1JR3
£645K12/200.29 mi15, Ashfield Road, London, Greater London N4 1NY3
£735K01/210.3 mi76, Warwick Gardens, London, Greater London N4 1JA3
£761K04/230.3 mi80, Warwick Gardens, London, Greater London N4 1JA3
£1.1M02/230.31 mi64, Warwick Gardens, London, Greater London N4 1JA3
£685K03/210.32 mi20, Roseberry Gardens, London, Greater London N4 1JJ3
£735K06/210.32 mi223, Hermitage Road, London, Greater London N4 1NW3
£620K04/210.32 mi222, Hermitage Road, London, Greater London N4 1NN3
£940K03/230.33 mi60, Roseberry Gardens, London, Greater London N4 1JL3
£760K03/210.33 mi100, Roseberry Gardens, London, Greater London N4 1JL3
£750K11/230.33 mi25, Roseberry Gardens, London, Greater London N4 1JQ3
£1.1M05/210.33 mi63, Roseberry Gardens, London, Greater London N4 1JQ3
£700K11/210.33 mi65, Roseberry Gardens, London, Greater London N4 1JQ3
£827K09/230.33 mi47, Roseberry Gardens, London, Greater London N4 1JQ3
£750K05/230.33 mi61, Roseberry Gardens, London, Greater London N4 1JQ3
£825K06/210.33 mi17, Warwick Gardens, London, Greater London N4 1JD3
£450K01/230.34 mi117, Roseberry Gardens, London, Greater London N4 1JH3
£650K05/210.36 mi10, Oakdale Road, London, Greater London N4 1NX3
£651K04/210.36 mi30, Beechfield Road, London, Greater London N4 1PE3
£900K01/240.36 mi22, Chesterfield Gardens, London, Greater London N4 1LP3
£760K06/240.36 mi56, Chesterfield Gardens, London, Greater London N4 1LP3
£730K05/230.37 mi78, Chesterfield Gardens, London, Greater London N4 1LR3
£903K03/210.38 mi93, Chesterfield Gardens, London, Greater London N4 1LL3
£866K03/210.39 mi67, Mattison Road, London, Greater London N4 1BQ3
£740K12/200.39 mi111, Chesterfield Gardens, London, Greater London N4 1LW3
£765K11/200.4 mi27, Oakdale Road, London, Greater London N4 1NU3
£835K09/230.4 mi235, Hermitage Road, London, Greater London N4 1NP3
£800K06/240.41 mi46, Kimberley Gardens, London, Greater London N4 1LE3
£860K11/220.41 mi9, Duckett Road, London, Greater London N4 1BJ3
£730K04/230.43 mi268, Hermitage Road, London, Greater London N4 1NR3
£995K09/230.46 mi384, St Anns Road, London, Greater London N15 3ST3
£900K12/210.47 mi100, Warham Road, London, Greater London N4 1AU3
£590K06/210.52 mi12, Ritches Road, London, Greater London N15 3TB3
£660K04/230.52 mi15, Brampton Road, London, Greater London N15 3SX3
£650K10/220.52 mi32, Rowley Road, London, Greater London N15 3AX3
£1.1M02/230.53 mi12, Warham Road, London, Greater London N4 1AT3
£970K03/210.53 mi72, Warham Road, London, Greater London N4 1AT3
£915K11/230.53 mi42, Warham Road, London, Greater London N4 1AT3
£682K02/230.53 mi1, Rowley Road, London, Greater London N15 3AX3
£608K03/210.56 mi50, Ritches Road, London, Greater London N15 3TB3
£600K04/230.56 mi76, Avondale Road, London, Greater London N15 3SH3
£825K03/230.57 mi4, Seymour Road, London, Greater London N8 0BE3
£876.3K07/230.57 mi24, Seymour Road, London, Greater London N8 0BE3
£828K09/210.58 mi3, Warham Road, London, Greater London N4 1AR3
£828K09/210.58 mi3, Warham Road, London, Greater London N4 1AR3
£610K12/210.59 mi47, Harringay Road, London, Greater London N15 3JB3
£582.5K12/200.59 mi97, Black Boy Lane, London, Greater London N15 3AS3

Local Rents

50 rents from £2K/mo to £4.5K/mo, average is £2.8K/mo.

RentDateDistanceAddressBeds 
£3,00012/240.03 mi-3
£2,72505/240.06 mi-3
£2,50003/250.06 mi-3
£2,65005/240.07 miEade Road, Haringey, N4 1DJ3
£2,65012/240.14 mi-3
£2,50001/240.23 miGrand Parade, Green Lanes, London, N43
£2,75005/240.24 mi-3
£2,95007/240.24 mi-3
£2,75005/240.24 miUmfreville Road, London, N43
£2,95007/240.24 miUmfreville Road, London, N43
£2,95007/240.24 miUmfreville Road, London, N43
£2,30005/240.26 miGrand Parade, Green Lanes, London, N4 1AF3
£2,75001/250.27 mi-3
£2,50002/250.28 mi-3
£2,30005/240.29 mi-3
£2,30005/240.29 mi-3
£3,00006/240.3 miAshfield Road, Harringay, London, N43
£3,00006/240.3 miAshfield Road, London, N43
£3,00006/240.3 miAshfield Road, London, N43
£2,49503/250.3 mi-3
£2,70003/250.31 mi-3
£2,70003/250.31 mi-3
£2,90005/240.31 miGrand Parade, Green Lanes, London, N43
£2,50005/240.32 miVale Road, Finsbury Park, N4 1PR3
£3,00012/240.32 mi-3
£3,00012/240.32 mi-3
£2,80003/250.32 mi-3
£2,80003/250.32 mi-3
£3,10012/240.32 mi-3
£2,60007/240.33 mi-3
£2,60006/240.33 miGreen Lanes, London, N43
£2,80004/250.34 mi-3
£2,80007/240.34 miGrand Parade, Harringay, London, N43
£3,99506/240.36 miHartingtons Court, London, N43
£3,99507/240.36 miHartingtons Court, London, N43
£3,99508/240.36 mi-3
£2,50007/240.36 miWightman Road, Finsbury Park3
£2,30005/240.36 miChesterfield Gardens, Ground Floor Flat, London, N43
£4,50006/240.37 miDevan Grove, London, N43
£4,15007/240.37 miDevan Grove, London, N43
£4,40007/240.37 miDevan Grove, London, N43
£4,15008/240.37 mi-3
£4,20007/240.37 miSkyline Apartments, Devan Grove, London N43
£2,50001/250.38 mi-3
£2,70001/250.38 mi-3
£2,50002/250.38 mi-3
£2,05002/250.39 mi-3
£2,70012/240.39 mi-3
£2,70012/240.39 mi-3
£2,60006/240.4 mi-3

Local Area Statistics

Population in N4

46,277

Population in London

4,771,921

Town centre distance

3.26 miles away

Nearest school

0.20 miles away

Nearest train station

0.18 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £525,000

January 31, 2025

Floor Plans

Description

  • Three Bedrooms +
  • Open Plan Reception Space +
  • Fantastic Transport Links +
  • Share of Freehold +
  • Chain Free +

The property offers approximately 813 sq. ft. of bright and spacious living accommodation, featuring a well-proportioned open-plan kitchen and reception room, three bedrooms, and a contemporary bathroom suite.

Ideally located in a prime N4 location, the home is moments from the vibrant amenities of Harringay Green Lanes, the open green spaces of Finsbury Park, and just 0.3 miles from Manor House Underground Station (Piccadilly Line, Zone 2) and Harringay Green Lanes Overground Station.

Offered chain-free.

This property is currently tenanted and may appear different from the photos. However, it will be returned to the condition shown in the images.

Agent Details

Winkworth, Harringay

020 3892 9585

Next Steps?

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