3 Bed Terraced House, Single Let, London, N9 8QA, £385,000

Wellstead Avenue, London, N9 8QA - 11 views - 3 months ago

Under Offer
BTL
ROI: 3%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£288.9K - £492K
Sold Prices/m²£3.5K/m² - £8.5K/m²

 

 

Square Metres

~93 m²
Price/m²£4.1K/m²

Value Estimate

£465,000
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£96,250

Stamp Duty & Legal Fees

£19,500

Total Cash In

£115,750

 

 

Cash Out

 

Rent Range

£1,800 - £3,100

Rent Estimate

£1,863

Running Costs/mo

£1,596

Cashflow/mo

£267

Cashflow/yr

£3,207

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £288.9K to £492K, average is £415K. £3.5K/m² to £8.5K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£405K08/210.01 mi77, Wellstead Avenue, London, Greater London N9 8QA3
£443K01/240.02 mi18, Wellstead Avenue, London, Greater London N9 8QB3
£465K12/220.03 mi48, Shirley Grove, London, Greater London N9 8EP3
£355K04/240.06 mi23, Shirley Grove, London, Greater London N9 8ES3
£437.5K10/230.07 mi31, Cambourne Avenue, London, Greater London N9 8QD3
£455K06/210.1 mi54, Cambourne Avenue, London, Greater London N9 8QG3
£405K08/230.1 mi4, Cambourne Avenue, London, Greater London N9 8QG3
£362K07/210.1 mi87, Charlton Road, London, Greater London N9 8HN3
£375K04/210.1 mi117, Charlton Road, London, Greater London N9 8HN3
£425K11/220.1 mi95, Charlton Road, London, Greater London N9 8HN3
£431K10/210.12 mi152, Nightingale Road, London, Greater London N9 8PT3
£450K06/230.12 mi172, Nightingale Road, London, Greater London N9 8PT3
£400K01/240.14 mi199, Cuckoo Hall Lane, London, Greater London N9 8DT3
£397.5K09/230.16 mi22, Penfold Road, London, Greater London N9 8EH3
£485K06/210.16 mi192, Cuckoo Hall Lane, London, Greater London N9 8DU3
£405K11/200.18 mi64, Charlton Road, London, Greater London N9 8EJ3
£420.6K04/230.21 mi81, Cuckoo Hall Lane, London, Greater London N9 8DP3
£370K05/210.24 mi4, Turin Road, London, Greater London N9 8DG3
£375K11/200.24 mi6, Turin Road, London, Greater London N9 8DG3
£390K11/230.26 mi243, Charlton Road, London, Greater London N9 8HH3
£400K07/230.28 mi41, Dartford Avenue, London, Greater London N9 8HE3
£450K12/220.28 mi220, St Marys Road, Edmonton, London, Greater London N9 8NN3
£430K04/240.3 mi34, Dartford Avenue, London, Greater London N9 8HD3
£428K08/230.3 mi14, Dartford Avenue, London, Greater London N9 8HD3
£492K11/230.3 mi8, Scarborough Road, London, Greater London N9 8AS3
£360K10/200.32 mi59, St Alphege Road, London, Greater London N9 8BU3
£382K06/240.32 mi13, Brierley Avenue, London, Greater London N9 8PR3
£480K11/230.32 mi190, St Marys Road, Edmonton, London, Greater London N9 8NN3
£410K03/230.33 mi34, Nightingale Road, London, Greater London N9 8AR3
£373K12/200.34 mi83, Woodlands Road, London, Greater London N9 8RP3
£380K06/210.34 mi81, Woodlands Road, Edmonton, London, Greater London N9 8RP3
£425K05/210.34 mi13, Woodlands Road, Edmonton, London, Greater London N9 8RP3
£380K06/210.35 mi69, Tudor Road, London, Greater London N9 8PA3
£421.3K07/230.35 mi29, Tudor Road, London, Greater London N9 8PA3
£382.5K10/200.35 mi42, Woodlands Road, Edmonton, London, Greater London N9 8RT3
£430K01/210.35 mi12, Beatrice Road, London, Greater London N9 8AN3
£420K02/210.35 mi50, Beatrice Road, London, Greater London N9 8AN3
£445K04/210.37 mi74, Tudor Road, London, Greater London N9 8NY3
£365K01/240.38 mi7, Elizabeth Ride, London, Greater London N9 8PB3
£288.9K08/240.38 mi4, Boundary Road, London, Greater London N9 8AX3
£475K03/230.38 mi17, Cumberland Road, London, Greater London N9 8ND3
£390K12/220.4 mi12, Devonshire Road, Edmonton, London, Greater London N9 8LU3
£390K03/230.42 mi84, St Marys Road, Edmonton, London, Greater London N9 8NJ3
£340K10/230.45 mi22, Picketts Lock Lane, London, Greater London N9 0AY3
£404K03/210.47 mi24, Lingfield Gardens, London, Greater London N9 7BS3
£492K03/210.49 mi2, Rossdale Drive, London, Greater London N9 7LG3
£480K02/230.49 mi16, Oaklands Avenue, London, Greater London N9 7LH3
£441K07/230.5 mi32, Bedford Road, London, Greater London N9 7DD3
£470K01/240.51 mi37, King Edwards Road, London, Greater London N9 7RN3
£425K06/210.51 mi263, Hertford Road, London, Greater London N9 7ES3

Local Rents

50 rents from £1.8K/mo to £3.1K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£2,45002/250.08 mi-3
£2,15003/250.08 mi-3
£2,25003/250.08 mi-3
£2,25003/250.08 mi-3
£2,15003/250.08 mi-3
£1,85005/240.08 miCambourne Avenue, London3
£1,99506/240.14 miCharlton Road, London, N93
£1,95007/240.27 mi-3
£1,95007/240.27 miNightingale Road, Edmonton, N93
£2,80002/250.32 mi-3
£2,20004/250.33 mi-3
£2,00001/250.36 mi-3
£2,20004/250.36 mi-3
£2,69503/250.38 mi-3
£2,59503/250.38 mi-3
£1,90005/240.39 miHertford Road, Edmonton, London3
£1,90006/240.39 miHertford Road, Edmonton, London3
£2,40006/240.41 miByron Terrace, London, N93
£2,40006/240.41 miByron Terrace, London, N93
£2,40006/240.41 mi-3
£2,40006/240.41 miByron Terrace, London, N93
£2,40006/240.41 mi-3
£2,75005/240.42 mi-3
£2,60004/250.43 mi-3
£1,90007/240.43 miForest Road, London, N93
£1,90012/240.43 mi-3
£1,80005/240.46 mi-3
£2,10006/240.47 miKing Edwards Road, Edmonton, London3
£1,90007/240.47 miForest Road, Edmonton N93
£3,10003/250.47 mi-3
£2,20005/240.47 miLowden Road, London3
£2,10005/240.47 mi-3
£2,70001/250.47 mi-3
£2,70003/250.47 mi-3
£2,90003/250.47 mi-3
£2,25004/250.48 mi-3
£2,00005/240.51 miBounces Road, London3
£2,30001/240.51 mi-3
£2,10005/240.51 miSt Peters Road, Edmonton3
£2,15004/250.52 mi-3
£1,95003/240.55 miSutherland Road Enfield3
£2,35001/250.56 mi-3
£2,35001/250.56 mi-3
£2,45001/250.56 mi-3
£2,35001/250.57 mi-3
£2,00006/240.58 mi-3
£2,10006/240.58 miNorth Road, London, N93
£2,00007/240.58 miNorth Road, London, N93
£1,95012/240.61 mi-3
£2,25004/250.61 mi-3

Local Area Statistics

Population in N9

51,422

Population in London

4,771,921

Town centre distance

7.83 miles away

Nearest school

0.10 miles away

Nearest train station

0.67 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+26%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Listed for £385,000

February 3, 2025

Floor Plans

Description

  • THREE BEDROOMS +
  • SPACIOUS THROUGH LOUNGE +
  • GARDEN WITH SIDE AND REAR ACCESS +
  • GARAGE +
  • FIRST FLOOR BATHROOM +
  • POTENTIAL FOR LARGE DRIVEWAY (STPP) +
  • GAS CENTRAL HEATING +
  • EXCELLENT POTENTIAL TO DEVELOP FURTHER +
  • CLOSE TO PONDERS END AND SOUTHBURY TRAIN STATION +
  • CHAIN FREE! +

CHAIN FREE! Knights are delighted to present this three bedroom end-of-terrace property, conveniently located within close proximity to Ponders End & Southbury Train Station. This property boasts a wealth of desirable features to include; three bedrooms, spacious through lounge, garden with side & rear access, garage with rear access, first floor bathroom, potential for large driveway (STPP) and gas central heating. This property offers excellent potential to develop further (STPP), offering any incoming buyer the opportunity to add their own personal touch. MUST BE SEEN!

Property Information:

EPC Rating: D
Council Tax: Band C

Agent Details

Knights Residential, Edmonton

020 3840 3527

Next Steps?

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