3 Bed House, Refurb/BRRR, London, N17 6XW, £575,000

Greyhound Road, London, N17 6XW - 2 views - 2 months ago

Sold STC
Refurb/BRRR
~93 m²
+18 photos

ValuationFair Value

Sold Prices£400K - £1.0M
Sold Prices/m²£3.9K/m² - £10.2K/m²

 

 

Square Metres

~93 m²
Price/m²£6.2K/m²

Value Estimate

£575,165

 

 

End Value (After Refurb)

£668,823

Uplift in Value

+16%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£143,750

Stamp Duty & Legal Fees

£34,700

Refurb Costs

£49,200

Bridging Loan Interest

£15,094

Total Cash In

£244,494

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£668,823

Mortgage (After Refinance)

£501,618

Mortgage LTV

75%

Cash Released

£70,368

Cash Left In

£174,126

Equity

£167,206

Rent Range

£1,790 - £4,000

Rent Estimate

£2,529

Running Costs/mo

£2,616

Cashflow/mo

£-87

Cashflow/yr

£-1,042

Gross Yield

5%

Local Sold Prices

50 sold prices from £400K to £1.0M, average is £612K. £3.9K/m² to £10.2K/m², average is £6.5K/m².

PriceDateDistanceAddressBeds 
£551K06/210.02 mi9, Winchelsea Road, London, Greater London N17 6XJ3
£660K04/210.08 mi122, Arnold Road, London, Greater London N15 4JH3
£580K09/210.08 mi43, Napier Road, London, Greater London N17 6YG3
£550K06/210.08 mi69, Napier Road, London, Greater London N17 6YG3
£860K03/230.09 mi12, Napier Road, London, Greater London N17 6YE3
£640K03/210.09 mi80, Greyhound Road, London, Greater London N17 6XN3
£625K03/230.09 mi92, Greyhound Road, London, Greater London N17 6XN3
£743.5K02/230.11 mi33, Arnold Road, Tottenham, London, Greater London N15 4JF3
£645K09/230.11 mi45, Morrison Avenue, London, Greater London N17 6TU3
£621.1K12/200.12 mi7, Loxwood Road, London, Greater London N17 6TT3
£610K07/230.12 mi1, Loxwood Road, London, Greater London N17 6TT3
£717.5K09/210.13 mi30, Steele Road, London, Greater London N17 6YA3
£535K05/230.14 mi4, Arnold Road, Tottenham, London, Greater London N15 4JG3
£500K08/230.17 mi9, St Margarets Road, London, Greater London N17 6TY3
£490K03/210.19 mi52, St Loy's Road, London, Greater London N17 6UD3
£620K03/230.19 mi96, St Loy's Road, London, Greater London N17 6UD3
£642.5K06/210.2 mi14, Dongola Road, London, Greater London N17 6EE3
£630K06/210.21 mi71, Sperling Road, London, Greater London N17 6UJ3
£420K05/230.24 mi5, Moorefield Road, London, Greater London N17 6PX3
£471K10/210.24 mi11, Moorefield Road, London, Greater London N17 6PX3
£400K10/210.28 mi52, Gloucester Road, London, Greater London N17 6DH3
£555K01/210.28 mi30, Gloucester Road, London, Greater London N17 6DH3
£685K01/210.3 mi64, Beaconsfield Road, London, Greater London N15 4SJ3
£575K01/210.3 mi91, Woodside Gardens, London, Greater London N17 6UN3
£640K06/210.32 mi195, The Avenue, Tottenham, London, Greater London N17 6JJ3
£620K03/210.32 miAirlie, Drayton Road, London, Greater London N17 6HJ3
£490K05/230.32 mi10, Colsterworth Road, London, Greater London N15 4BJ3
£640K06/230.32 mi85, The Avenue, Tottenham, London, Greater London N17 6TB3
£660K04/210.33 mi30, Beaconsfield Road, London, Greater London N15 4SJ3
£880K03/230.33 mi62, Beaconsfield Road, London, Greater London N15 4SJ3
£738K06/230.35 mi114, Broadwater Road, London, Greater London N17 6ET3
£517K06/210.35 mi57, Clonmell Road, London, Greater London N17 6JT3
£560K03/210.35 mi97, Clonmell Road, London, Greater London N17 6JT3
£410K09/210.37 mi24, Fairbanks Road, London, Greater London N17 9JJ3
£572.5K03/210.37 mi27, Wimborne Road, London, Greater London N17 6EU3
£545K03/230.38 mi27, Dawlish Road, London, Greater London N17 9HN3
£490K08/210.39 mi28, Portland Road, London, Greater London N15 4RW3
£540K09/210.39 mi64, Scales Road, London, Greater London N17 9EZ3
£546K12/220.4 mi61, Dunloe Avenue, Tottenham, London, Greater London N17 6LB3
£590K06/210.4 mi123, Summerhill Road, London, Greater London N15 4HR3
£595K05/210.4 mi2, Alton Road, London, Greater London N17 6JZ3
£600K08/210.41 mi2, Lismore Road, London, Greater London N17 6LE3
£614K04/210.41 mi8, Summerhill Road, London, Greater London N15 4HD3
£643K06/210.41 mi43, Antill Road, London, Greater London N15 4AR3
£1.0M10/220.41 mi24, Talbot Road, South Tottenham, London, Greater London N15 4DH3
£590K03/210.42 mi40, Downhills Avenue, London, Greater London N17 6LG3
£690K12/200.43 mi14, Radley Road, London, Greater London N17 6RL3
£641.7K02/210.43 mi19, Summerhill Road, London, Greater London N15 4HF3
£820K01/220.43 mi11, Summerhill Road, London, Greater London N15 4HF3
£625K07/230.43 mi118, Higham Road, London, Greater London N17 6NR3

Local Rents

51 rents from £1.8K/mo to £4K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,45003/240.01 miGreyhound Road, London, N173
£2,50002/240.03 mi-3
£2,85002/250.06 mi-3
£2,40004/250.11 mi-3
£2,20012/240.14 miArnold Road, London, N153
£2,39505/240.17 mi-3
£2,25006/240.2 miFairbourne Road, London, N173
£2,52004/250.23 mi-3
£1,79002/250.24 mi-3
£3,00005/240.26 miElizabeth Clyde Close, N153
£2,45002/250.28 mi-3
£2,60005/240.31 miHigham Road, Tottenham, London, N173
£2,50012/240.31 mi-3
£2,50006/240.31 miHigham Road, Tottenham, N173
£2,00004/250.32 mi-3
£1,90002/250.32 mi-3
£3,00005/240.33 miBeaconsfield Road, London, N153
£3,00005/240.33 miBathurst Square, London, N15 4FU3
£2,70005/240.33 miBathurst Square, London, N153
£2,50005/240.34 mi-3
£2,50005/240.34 mi-3
£2,70005/240.34 mi-3
£2,20002/250.34 mi-3
£2,00012/240.34 mi-3
£2,80006/240.34 miLawrence Road, London, N153
£2,80005/240.34 miLawrence Road, London, N153
£2,80005/240.34 mi-3
£2,25006/240.35 miThe Avenue, Tottenham N173
£2,00002/240.37 mi-3
£2,10002/240.37 mi-3
£2,30005/240.38 miBedford Road, London, N153
£2,35005/240.38 miScales Road, Tottenham, London3
£2,50005/240.38 mi-3
£2,65006/240.39 miLismore Road, London, N173
£2,67512/240.39 mi-3
£2,65012/240.39 mi-3
£2,65012/240.39 mi-3
£2,20006/240.39 miLordsmead Road, Totenham, N173
£4,00001/250.39 mi-3
£3,00003/250.39 mi-3
£2,50006/240.4 miLordsmead Road, London3
£2,99512/240.42 mi-3
£2,20005/240.42 mi-3
£2,50006/240.43 miTurner Avenue, London, N153
£2,20005/240.45 miGloucester Road, London, N173
£2,35012/240.46 mi-3
£2,30006/240.46 miBrunswick Road, Tottenham, London - Prime Location !3
£1,80012/240.46 mi-3
£2,30001/250.46 mi-3
£2,15003/250.47 mi-3
£2,60004/250.5 mi-3

Local Area Statistics

Population in N17

62,843

Population in London

4,771,921

Town centre distance

4.51 miles away

Nearest school

0.20 miles away

Nearest train station

0.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £575,000

February 18, 2025

Floor Plans

Description

  • Three Bedroom House +
  • Period Property +
  • Two Reception Rooms +
  • Dining Room +
  • Chain Free +
  • Double Bedrooms +
  • In Need Of Modernisation +
  • Excellent Location +
  • 0.8 Miles To Seven Sisters Station +
  • EPC Rating : D +

Kings Group are excited to present this three-bedroom period home for sale, ideally located in a highly sought-after area. The property is in need of modernisation throughout and features two bright and spacious reception rooms, a generously sized dining room leading to a fitted kitchen, and a private rear garden. The first floor offers three well-proportioned double bedrooms and a three piece family bathroom. This would make an excellent opportunity for both families and investors alike.

Nestled in the heart of Tottenham, the property is situated in the desirable Downhills Park and Philip Lane area, which is currently benefiting from ongoing regeneration. Bruce Grove Primary School and Harris Primary Academy are both within walking distance, and excellent bus and transport links provide easy access to surrounding areas and Central London. The historic Bruce Castle Museum and Bruce Castle Park are just minutes away, and the property is moments from local shops, amenities, and schools. Seven Sisters Station (Victoria Line) is just 0.9 miles away, offering regular services into Central London and Liverpool Street.

Agent Details

Kings Group, Tottenham

020 3870 6388

Next Steps?

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