2 Bed Flat, Single Let, London, N22 8NS £400,000

Myddleton Road, Bowes Park, N22 8NS - 6 views - 9 months ago
Leasehold
BTL
~52 m²
Property image
Property image

ValuationOvervalued

Sold Prices£220K - £600K
Sold Prices/m²£2.2K/m² - £10.5K/m²

 

 

Square Metres

~51.60 m²
Price/m²£7.8K/m²

Value Estimate

£354,238

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£28,700

Total Cash In

£128,700

 

 

Cash Out

 

Rent Range

£1,450 - £2,500

Rent Estimate

£1,550

Running Costs/mo

£1,580

Cashflow/mo

£-30

Cashflow/yr

£-360

Gross Yield

5%

Local Sold Prices

50 sold prices from £220K to £600K, average is £427.3K. £2.2K/m² to £10.5K/m², average is £6.8K/m².

Price
Date
Distance
Address
Beds
 
£438.8K10/210.05 miFirst Floor Flat, 2, Hampshire Road, London, Greater London N22 8LR2
£370K06/210.07 mi2a, Parkhurst Road, London, Greater London N22 8JQ2
£480K10/230.09 mi4a, Woodside Road, London, Greater London N22 5HU2
£375K06/210.1 mi13a, Cheshire Road, London, Greater London N22 8JJ2
£417K02/230.11 mi7a, Sidney Road, London, Greater London N22 8LT2
£600K03/250.12 miFlat A, 22, Woodside Road, Wood Green, London N22 5HU2
£230K09/230.14 mi28c, Lascotts Road, London, Greater London N22 8JN2
£403K06/210.14 miFlat A, 12, Lascotts Road, London, Greater London N22 8JN2
£468K03/250.14 mi16, Lyndhurst Road, Wood Green, London N22 5AT2
£525K06/250.14 miFlat A, 41, Palmerston Road, Wood Green, London N22 8QH2
£525K06/250.14 miFlat A, 41, Palmerston Road, Wood Green, London N22 8QH2
£432.5K02/230.18 mi27, Palmerston Road, London, Greater London N22 8QH2
£422K03/240.18 mi5a, Palmerston Road, London, Greater London N22 8QH2
£515K10/230.18 mi21a, Palmerston Road, London, Greater London N22 8QH2
£470K01/230.18 mi120, Lyndhurst Road, London, Greater London N22 5AT2
£443K08/210.2 mi67, Sylvan Avenue, London, Greater London N22 5JA2
£330K02/250.2 mi51, Arcadian Gardens, Wood Green, London N22 5AG2
£220K04/240.2 mi32c, Woodside Road, London, Greater London N22 5HT2
£346K11/220.2 miFlat 17, Mohr Court, Nightingale Road, London, Greater London N22 8PX2
£435K07/230.21 mi99, Lyndhurst Road, London, Greater London N22 5AX2
£443K06/230.23 mi67, Marlborough Road, London, Greater London N22 8NJ2
£505K02/250.23 mi90, Flat A, Marlborough Road, Wood Green, London N22 8NN2
£480K06/210.23 mi116d, Marlborough Road, London, Greater London N22 8NN2
£380K12/240.24 mi110, Lyndhurst Road, Wood Green, London N22 5AT2
£520K12/220.25 mi112d, Marlborough Road, London, Greater London N22 8NN2
£335K06/230.26 mi80b, Finsbury Road, London, Greater London N22 8PF2
£400K01/250.26 mi37, Ground Floor Flat, Kelvin Avenue, London, Greater London N13 4TH2
£320K12/220.27 miFlat 4, Fernwood, Clarence Road, Wood Green, London, Greater London N22 8QE2
£520K11/240.28 mi67, Kelvin Avenue, London N13 4TH2
£375K01/250.28 mi99, Arcadian Gardens, Wood Green, London N22 5AG2
£510K07/240.28 mi72b, Clarence Road, Wood Green, London N22 8PW2
£400K05/250.29 mi56a, Kelvin Avenue, Southgate N13 4TG2
£400K05/250.29 mi56a, Kelvin Avenue, Southgate N13 4TG2
£375K03/250.29 mi54a, Kelvin Avenue, London N13 4TG2
£375K03/250.29 mi54a, Kelvin Avenue, London N13 4TG2
£440K12/240.29 mi180, Lyndhurst Road, Wood Green, London N22 5AU2
£395K12/230.3 miFlat 2, Tudor Court, Clarence Road, Wood Green, London, Greater London N22 8QD2
£418K06/210.3 mi222, Lyndhurst Road, London, Greater London N22 5AU2
£450K01/230.3 mi174, Lyndhurst Road, London, Greater London N22 5AU2
£461K06/250.3 mi141, Lyndhurst Road, Wood Green, London N22 5AY2
£345K06/210.3 mi231a, Whittington Road, London, Greater London N22 8YW2
£385K04/230.31 mi141a, Whittington Road, London, Greater London N22 8YP2
£360K06/210.32 mi152, Maryland Road, London, Greater London N22 5AP2
£525K02/230.33 mi95a, Truro Road, Wood Green, London, Greater London N22 8DH2
£540K01/250.34 mi156, Maryland Road, Wood Green, London N22 5AP2
£442K08/230.36 miFlat 2, Arnold Court, Truro Road, Wood Green, London, Greater London N22 8DJ2
£375K03/240.37 mi21, White Hart Lane, Wood Green, London N22 5SL2
£550K06/210.38 mi26, Whittington Road, London, Greater London N22 8YD2
£435K01/230.4 mi13, Beech Road, London, Greater London N11 2DA2
£332.7K11/240.41 miOak House, 9, Trinity Road, Wood Green, London N22 8YT2

Local Rents

50 rents from £1.4K/mo to £2.5K/mo, average is £1.8K/mo.

Rent
Date
Distance
Address
Beds
 
£1,80007/250.01 miHigh Road, N22, Wood Green, London, N222
£1,80011/250.02 mi419 High Road, London, N222
£2,00008/250.04 miHigh Road, Wood Green, London2
£1,85007/240.04 miParkhurst Road, N22 8JQ2
£1,90008/250.04 miParkhurst Road, N22 8JQ2
£1,74602/250.04 miHigh Road, Bounds Green, N222
£1,80007/250.04 miHigh Road, Wood Green, N222
£1,80009/250.05 miHigh Road, Wood Green, N222
£1,75002/250.05 mi-2
£1,78505/250.05 mi-2
£1,80007/250.05 miHigh Road, Wood Green, London, N222
£1,80007/240.06 mi-2
£2,20008/250.07 miMyddleton Road, Wood Green, London2
£1,95007/250.07 miParkhurst Road, Bowes Park/Bounds Green N222
£1,95009/250.07 miParkhurst Road, London2
£1,80009/250.07 miMyddleton Road, London, N222
£1,59509/250.07 mi-2
£1,90007/240.08 mi-2
£2,20010/250.09 mi-2
£2,20009/250.09 miBowes Park, London, N222
£1,75009/250.09 miSidney Road, London, N222
£1,75006/250.1 miCheshire Road, Bounds Green Bowes Park, London2
£2,14910/250.1 miSylvan Avenue, Wood Green, N222
£1,75006/240.12 miLascotts Road ,Wood Green, London, N222
£1,75006/240.12 miLascotts Road ,Wood Green, London, N222
£1,85006/250.12 miPalmerston Road, London, N222
£1,75006/250.12 miPalmerston Road, London, N222
£1,75006/250.12 mi-2
£1,80006/240.12 mi-2
£1,75007/240.12 miPalmerston Road, Wood Green2
£2,50001/250.13 mi-2
£1,85011/250.13 mi-2
£1,85011/250.13 miGlendale Avenue, London, N222
£1,90009/250.14 miLascotts Road, Wood Green2
£1,79509/250.14 mi-2
£1,50011/250.14 miLascotts Road, N222
£2,00009/250.14 miLyndhurst Road, London2
£1,45005/240.15 miLascotts Road, Wood Green, N22 8JN2
£1,87512/240.15 mi-2
£1,60011/250.15 miAdams Mews, Wood Green, London2
£1,60010/250.15 miAdams Mews, Wood Green, London2
£1,75010/250.17 miGreen Lanes, Winchmore Hill, N212
£1,85007/240.18 miArcadian Gardens, London2
£2,15011/250.18 miSpencer Avenue, Palmers Green, N132
£1,80006/240.18 miTruro Road, Bounds Green, London2
£2,20008/250.19 miSylvan Avenue, Wood Green, London, N222
£1,95004/250.19 mi-2
£1,70011/250.19 miArcadian Gardens, Wood Green, London, N222
£1,70006/250.2 miPalmerston Road, N22 8QZ2
£1,65007/250.2 miPalmerston Road, N22 8QZ2

Local Area Statistics

Population in N22

42,996

Population in London

4,771,921

Town centre distance

5.41 miles away

Nearest school

0.20 miles away

Nearest train station

0.40 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 £400,000

March 24, 2025

Listed for £415,000

February 14, 2025

Floor Plans

Property image

Description

  • VIRTUAL TOUR AVAILABLE +
  • LONG LEASEHOLD +
  • GARDEN +
  • GREAT LOCATION +
  • SURROUNDED BY AMENITIES +
  • CLOSE TO TRANSPORT +
  • REFURBISHED THROUGHOUT +

Element Properties & Co are proud to present this modern, period conversion set on the desirable Myddleton Road.

The property is comprised of an open-plan kitchen/reception room, a large double bedroom and a smaller bedroom to the rear with direct access to a private garden.
Immaculately refurbished throughout with new kitchens and bathrooms, this property ideal for up-sizers, first time buyers and down-sizers alike.

Ideally situated on the community central Myddelton Road, boasting a variety of shops and cafes. The vibrant offerings of Green Lanes can be found only a short walk away and the colourful markets and parks of Alexandra Palace offer a great escape from bustling city life; all within a 2 minute journey on the Overground Line.

Further to the above, Alexandra Park and Myddleton Road both provide Sunday markets offering a huge spread from local produce, groceries all the way to vintage gear! Both spaces are a must see for anyone looking to move in the area as the community spirit cannot be better reflected than taking a stroll through these colourful markets.

The property is offered with a new 125 year lease with peppercorn ground rent and service charge a portion of outgoings.

Agent Details

Element Properties & Co, London

020 3910 0796

Next Steps?

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