2 Bed Flat, Single Let, London, N9 0TQ, £320,000

The Concourse, Geary Court, N9 0TQ - 2 views - 2 months ago

Leasehold

BTL

ROI: 3%

~68 m²

+14 photos

ValuationOvervalued

Sold Prices	£222.5K - £315K
Sold Prices/m²	£3.2K/m² - £6K/m²

Square Metres	~68.11 m²
Price/m²	£4.7K/m²
Value Estimate	£311,591£311,591

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£80,000£80,000
Stamp Duty & Legal Fees	£14,300£14,300
Total Cash In	£94,300£94,300

Cash Out
Rent Range	£1,300 - £4,000£1,300 - £4,000
Rent Estimate	£1,525
Running Costs/mo	£1,325£1,325
Cashflow/mo	£200£200
Cashflow/yr	£2,400£2,400
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

46 sold prices from £222.5K to £315K, average is £257.3K. £3.2K/m² to £6K/m², average is £4.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£278K	10/22	0.13 mi	13, Sawyer Close, London, Greater London N9 9XP	£6,043	46	2	Flat
£273.5K	07/21	0.24 mi	17, Ruskin Walk, London, Greater London N9 9DT	£3,907	70	2	Flat
£270K	12/22	0.25 mi	27, Beechwood Mews, London, Greater London N9 9XH	£4,762	57	2	Flat
£250K	09/23	0.25 mi	31, Beechwood Mews, London, Greater London N9 9XH	£4,545	55	2	Flat
£250K	01/21	0.25 mi	15, Beechwood Mews, London, Greater London N9 9XH	£4,604	54	2	Flat
£290K	03/23	0.25 mi	29, Beechwood Mews, London, Greater London N9 9XH	£5,257	55	2	Flat
£262.5K	04/21	0.26 mi	62, Milestone Close, London, Greater London N9 9GA	£4,953	53	2	Flat
£303K	09/22	0.29 mi	17, Lichfield Road, London, Greater London N9 9HD	£5,203	58	2	Flat
£258K	12/20	0.31 mi	21, All Saints Close, London, Greater London N9 9AT	£4,868	53	2	Flat
£315K	10/23	0.35 mi	16a, Sunnyside Road North, London, Greater London N9 9SW	-	-	2	Flat
£226K	01/21	0.36 mi	124, Croyland Road, London, Greater London N9 7BD	£3,965	57	2	Flat
£262K	05/21	0.37 mi	Flat 4, Romany House, Beaconsfield Road, London, Greater London N9 0PY	-	-	2	Flat
£280K	02/23	0.38 mi	89, Church Lane, London, Greater London N9 9QA	£4,000	70	2	Flat
£257.5K	09/21	0.47 mi	42, Grilse Close, London, Greater London N9 0UU	£4,952	52	2	Flat
£270K	09/22	0.47 mi	49, Pycroft Way, London, Greater London N9 9XU	£5,348	50	2	Flat
£260K	03/21	0.47 mi	53, Pycroft Way, London, Greater London N9 9XU	£4,906	53	2	Flat
£260K	12/22	0.49 mi	52, Pycroft Way, London, Greater London N9 9XY	£4,407	59	2	Flat
£222.5K	10/20	0.49 mi	119, Croyland Road, London, Greater London N9 7BH	-	-	2	Flat
£275K	03/22	0.53 mi	41, Jeremys Green, London, Greater London N18 2NB	£4,260	65	2	Flat
£247.5K	06/21	0.54 mi	21, Hennessy Road, London, Greater London N9 0XA	-	-	2	Flat
£240K	10/22	0.56 mi	6, Hennessy Road, London, Greater London N9 0XQ	-	-	2	Flat
£265K	07/22	0.56 mi	28, Herne Mews, London, Greater London N18 2QZ	-	-	2	Flat
£257K	10/22	0.57 mi	14, Hennessy Road, London, Greater London N9 0XQ	-	-	2	Flat
£280K	06/23	0.58 mi	Ground Floor Flat, 23, Arthur Road, London, Greater London N9 9AF	£3,636	77	2	Flat
£240K	04/21	0.59 mi	30, Pentland Close, London, Greater London N9 0XN	£4,898	49	2	Flat
£240K	04/21	0.59 mi	30, Pentland Close, London, Greater London N9 0XN	£4,898	49	2	Flat
£225K	04/21	0.63 mi	32, Buxton Close, London, Greater London N9 0XL	-	-	2	Flat
£240K	10/23	0.68 mi	96, Hudson Way, Edmonton, London, Greater London N9 0XG	£4,444	54	2	Flat
£248K	05/21	0.68 mi	114, Hudson Way, London, Greater London N9 0XG	£4,206	59	2	Flat
£248K	06/21	0.71 mi	201, St Marys Road, Edmonton, London, Greater London N9 8NR	£3,992	62	2	Flat
£245K	02/22	0.73 mi	6, Inverness Road, London, Greater London N18 2EE	£5,000	49	2	Flat
£253K	05/21	0.75 mi	35, Martin Close, London, Greater London N9 8UE	£3,953	64	2	Flat
£250K	01/22	0.76 mi	56, Leopold Road, London, Greater London N18 2HX	£4,237	59	2	Flat
£270K	11/21	0.76 mi	50, Leopold Road, London, Greater London N18 2HX	-	-	2	Flat
£225K	09/22	0.8 mi	185b, Church Street, Edmonton, London, Greater London N9 9HL	-	-	2	Flat
£275K	04/23	0.88 mi	26, Culpepper Close, London, Greater London N18 2DZ	£4,661	59	2	Flat
£270K	03/23	0.88 mi	12, Culpepper Close, London, Greater London N18 2DZ	£4,091	66	2	Flat
£233K	02/22	0.89 mi	Flat 7, Bridport House, Colyton Way, London, Greater London N18 2XJ	-	-	2	Flat
£270K	11/21	0.92 mi	50, Leopold Road, London, Greater London N18 2HX	-	-	2	Flat
£260K	04/21	0.93 mi	46, Leopold Road, London, Greater London N18 2EW	£4,409	59	2	Flat
£266K	12/21	0.93 mi	70, Leopold Road, London, Greater London N18 2HX	£5,216	51	2	Flat
£251K	10/21	0.94 mi	14, Dickens Lane, London, Greater London N18 1PH	-	-	2	Flat
£230K	06/22	0.95 mi	23, Dickens Lane, London, Greater London N18 1PH	£5,610	41	2	Flat
£255K	06/22	0.98 mi	49, Tanners End Lane, London, Greater London N18 1PQ	£5,835	44	2	Flat
£243K	02/23	0.98 mi	38, Tanners End Lane, London, Greater London N18 1PG	£3,197	76	2	Flat
£250K	08/22	1 mi	55, Tanners End Lane, London, Greater London N18 1PQ	£3,571	70	2	Flat

Local Rents

50 rents from £1.3K/mo to £4K/mo, average is £1.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,800	12/24	0.15 mi	-	2	Terraced House
£1,900	01/25	0.16 mi	-	2	Flat
£1,900	02/25	0.16 mi	-	2	Flat
£2,000	05/24	0.18 mi	-	2	Flat
£1,550	06/24	0.21 mi	Washbourne Court, Acton Close, Edmonton, N9	2	Flat
£1,650	12/24	0.22 mi	-	2	Flat
£1,650	02/25	0.22 mi	-	2	Flat
£1,750	01/25	0.22 mi	-	2	Flat
£1,800	03/25	0.23 mi	-	2	Flat
£1,600	07/24	0.23 mi	Flexistowe Road, London, N9	2	Flat
£1,600	07/24	0.23 mi	-	2	Flat
£1,800	03/25	0.25 mi	-	2	Flat
£1,650	01/25	0.25 mi	-	2	Flat
£1,850	01/25	0.26 mi	-	2	Terraced House
£1,950	07/24	0.3 mi	Town Road London N9	2	Terraced House
£1,850	03/25	0.33 mi	-	2	Flat
£1,800	07/24	0.34 mi	-	2	Flat
£1,900	06/24	0.35 mi	-	2	Flat
£1,690	01/25	0.37 mi	-	2	Flat
£1,850	05/24	0.37 mi	-	2	Flat
£1,850	06/24	0.37 mi	-	2	Flat
£1,800	05/24	0.39 mi	Felixstowe Road, Edmonton	2	Terraced House
£1,800	03/25	0.43 mi	-	2	Terraced House
£2,200	02/25	0.43 mi	-	2	Flat
£1,900	06/24	0.44 mi	South Road, London, N9	2	Semi-Detached House
£1,900	07/24	0.44 mi	South Road, London, N9	2	Semi-Detached House
£1,900	07/24	0.44 mi	South Road, London, N9	2	Semi-Detached House
£1,900	07/24	0.44 mi	-	2	Semi-Detached House
£1,900	07/24	0.44 mi	Marlborough Road, Edmonton, N9	2	Terraced House
£1,850	02/24	0.44 mi	Marlborough Road, Edmonton, N9	2	Terraced House
£1,850	02/25	0.45 mi	-	2	Terraced House
£1,900	07/24	0.45 mi	-	2	Flat
£1,600	02/24	0.45 mi	-	2	Flat
£1,600	02/24	0.45 mi	-	2	Flat
£1,850	12/24	0.46 mi	-	2	Flat
£1,850	12/24	0.46 mi	-	2	Flat
£1,550	06/24	0.48 mi	Pycroft Way, London, N9	2	Flat
£1,300	07/24	0.48 mi	Pycroft Way, London, N9	2	Flat
£1,500	01/25	0.48 mi	-	2	Flat
£4,000	05/24	0.48 mi	-	2	Flat
£1,750	05/24	0.53 mi	Jeremys Green, Edmonton, N18	2	Flat
£1,700	05/24	0.53 mi	-	2	Flat
£1,795	03/25	0.53 mi	-	2	Flat
£1,795	05/24	0.53 mi	-	2	Flat
£1,795	05/24	0.53 mi	-	2	Flat
£1,700	06/24	0.54 mi	Swaythling Close, London	2	Flat
£1,695	05/24	0.55 mi	-	2	Flat
£1,650	06/24	0.55 mi	-	2	Flat
£1,700	03/25	0.55 mi	-	2	Flat
£1,700	06/24	0.56 mi	Arthur Road, Edmonton, N9	2	Flat

Local Area Statistics

Population in N9	51,42251,422
Population in London	4,771,9214,771,921
Town centre distance	6.99 miles away6.99 miles away
Nearest train station	0.13 miles away0.13 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+26%+26%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+12%+12%

Property History

Listed for £320,000

February 14, 2025

Floor Plans

Description

CHAIN-FREE & Move-In Ready +
Convenience at Your Doorstep - Surrounded by shops, diverse eateries, parks, and leisure facilities. +
Gas Central Heating System Throughout +
Sleek Gloss-Finished Kitchen with integrated appliances +
With a Private Balcony +
Perfect for Families or Investors +
Book Your Viewing Today! Your dream home is waiting. +
2 Spacious Bedrooms: Includes a luxurious master with its own private bathtub +
Bright & Modern Living Room with Luxury Finishes Throughout +
Steps from Edmonton Green Train Station and Bus Garage for unbeatable connectivity +

Cottage fields are delighted to present this CHAIN-FREE flat that offers not just a place to live but a lifestyle to embrace. This stunning 2-bedroom second-floor flat in the heart of Edmonton Green, N9, is more than a home, it’s an invitation to experience modern luxury, vibrant living, and ultimate convenience. Newly renovated and meticulously designed, this flat is perfect for families ready to make cherished memories or investors seeking a prime, high-demand property. Step into this newly renovated home and experience sleek, sophisticated design at its finest. With two spacious bedrooms, perfect for rest & relaxation, with the master bedroom boasting its own private bathtub for a luxurious retreat. The modern living room, filled with natural light, is perfect for entertaining or relaxing. At the heart of the home is a gloss-finished kitchen with integrated appliances, blending style and functionality to inspire your inner chef. Every detail has been thoughtfully designed to deliver elegance, comfort, & modern living. Imagine enjoying your morning coffee or unwinding on your private balcony, soaking in the vibrant atmosphere of Edmonton. The modern bathroom and high-quality finishes add a touch of luxury, while the move-in-ready condition lets you start living your dream life right away. Just picture living in a place where everything you need is right at your doorstep. Located directly opposite Edmonton Green Train Station and just steps away from the Edmonton Bus Garage, this flat puts you at the heart of connectivity. Whether commuting into Central London or exploring the local area, the convenience is unparalleled. Beneath your feet lies a bustling array of shops, from boutique clothing stores to major retailers, ensuring you have everything you need close by. Edmonton Greens diverse eateries and entertainment options cater to every taste and occasion, while the nearby leisure facilities & parks ensure that relaxation and recreation & always within reach

EPC Rating: C

Agent Details

Cottage Fields, Enfield

020 3897 8498

Next Steps?

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

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