2 Bed Flat, Single Let, Potters Bar, EN6 2PQ, £325,000

Ashwood Road, Potters Bar, Hertfordshire, EN6 2PQ - 2 months ago

Leasehold
BTL
ROI: 2%
~68 m²
+9 photos

ValuationUndervalued

Sold Prices£200K - £590K
Sold Prices/m²£3.5K/m² - £8.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.8K/m²

Value Estimate

£371,753
BMV14%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£23,700

Total Cash In

£104,950

 

 

Cash Out

 

Rent Range

£1,495 - £2,950

Rent Estimate

£1,500

Running Costs/mo

£1,336

Cashflow/mo

£164

Cashflow/yr

£1,973

ROI

2%

Gross Yield

6%

Local Sold Prices

34 sold prices from £200K to £590K, average is £343.8K. £3.5K/m² to £8.2K/m², average is £5.5K/m².

PriceDateDistanceAddressBeds 
£455K09/210.23 miFlat 15, The Briers, The Walk, Potters Bar, Hertfordshire EN6 1QE2
£450K05/210.23 miFlat 11, The Briers, The Walk, Potters Bar, Hertfordshire EN6 1QE2
£275K03/210.4 mi9, Chauncy Avenue, Potters Bar, Hertfordshire EN6 5LE2
£330K12/200.4 mi1, Margarets Close, Potters Bar, Hertfordshire EN6 5LB2
£590K09/210.46 mi171, Mutton Lane, Potters Bar, Hertfordshire EN6 2AN2
£410.3K12/220.49 mi70a, Strafford Gate, Potters Bar, Hertfordshire EN6 1PL2
£302K10/220.58 mi19, Baker Street, Potters Bar, Hertfordshire EN6 2DZ2
£255K01/230.61 miFlat 24, Seabrook Court, Station Close, Potters Bar, Hertfordshire EN6 1TG2
£225K09/220.61 miFlat 26, Seabrook Court, Station Close, Potters Bar, Hertfordshire EN6 1TG2
£300K01/210.61 miFlat 32, Seabrook Court, Station Close, Potters Bar, Hertfordshire EN6 1TG2
£300K06/210.61 miFlat 18, Seabrook Court, Station Close, Potters Bar, Hertfordshire EN6 1TG2
£235K03/210.62 miFlat 35, Hertford Mews, Billy Lows Lane, Potters Bar, Hertfordshire EN6 1XW2
£200K03/230.62 miFlat 21, Hertford Mews, Billy Lows Lane, Potters Bar, Hertfordshire EN6 1XW2
£215K07/230.62 miFlat 3, Hertford Mews, Billy Lows Lane, Potters Bar, Hertfordshire EN6 1XW2
£348K04/210.63 mi10, Weston Close, Potters Bar, Hertfordshire EN6 2BQ2
£370K01/210.71 mi40, Aberdale Gardens, Potters Bar, Hertfordshire EN6 2JN2
£380K03/210.71 mi62, Aberdale Gardens, Potters Bar, Hertfordshire EN6 2JN2
£385K01/230.71 mi74, Aberdale Gardens, Potters Bar, Hertfordshire EN6 2JN2
£380K05/230.74 mi2, Faringford Close, Potters Bar, Hertfordshire EN6 5JS2
£400K10/220.75 mi10, Faringford Close, Potters Bar, Hertfordshire EN6 5JS2
£302K02/210.75 mi7, The Highlands, Potters Bar, Hertfordshire EN6 1HU2
£262K04/210.75 mi23, The Highlands, Potters Bar, Hertfordshire EN6 1HU2
£355K02/210.76 mi21, Sandringham Road, Potters Bar, Hertfordshire EN6 1EX2
£347.5K02/210.76 mi1, Rosary Court, Potters Bar, Hertfordshire EN6 1HA2
£372.5K03/210.76 mi5, Rosary Court, Potters Bar, Hertfordshire EN6 1HA2
£368K11/220.76 mi2, Rosary Court, Potters Bar, Hertfordshire EN6 1HA2
£350K05/210.78 mi3, Norman Court, Potters Bar, Hertfordshire EN6 1HY2
£340K06/210.78 mi73, Church Road, Potters Bar, Hertfordshire EN6 1EY2
£328K03/210.8 mi39, Heathfield Close, Potters Bar, Hertfordshire EN6 1SP2
£295K09/210.82 mi2, Heathfield Close, Potters Bar, Hertfordshire EN6 1SW2
£335K01/230.85 mi43, Heathfield Close, Potters Bar, Hertfordshire EN6 1SR2
£320K12/200.87 mi2, Stapleton Close, Potters Bar, Hertfordshire EN6 4AF2
£370.5K04/210.95 mi117, Dugdale Hill Lane, Potters Bar, Hertfordshire EN6 2DS2
£369K06/210.96 mi16, Dugdale Hill Lane, Potters Bar, Hertfordshire EN6 2DW2

Local Rents

40 rents from £1.5K/mo to £3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,55003/240.16 miKey Point, Potters Bar, EN62
£1,50003/240.16 miKey Point, Potters Bar2
£1,57503/240.16 miKey Point, Potters Bar2
£1,55003/240.16 miKey Point, Potters Bar2
£1,60004/240.16 miKey Point, Potters Bar2
£1,62512/240.16 miKey Point, Potters Bar2
£1,57512/240.16 miKey Point, Potters Bar2
£1,50002/240.18 mi-2
£1,70001/250.19 mi-2
£1,70004/240.19 miWhaley Road, Potters Bar, Herts2
£1,60012/240.27 mi-2
£1,50002/250.29 mi-2
£1,50002/250.29 mi-2
£1,49512/240.35 miHill Rise, Potters Bar2
£1,55004/240.35 miHigh Street, Potters Bar, Hertfordshire, EN62
£1,55004/240.37 miRaymond Court, Potters Bar, Herts2
£1,60003/240.37 miHigh Street, Potters Bar, EN62
£1,80003/250.39 mi-2
£1,65012/240.4 mi-2
£1,70002/250.41 mi-2
£1,52504/240.41 miChauncy Avenue, Potters Bar2
£1,75012/240.45 miMutton Lane, Potters Bar2
£1,75003/240.45 miMutton Lane, Potters Bar2
£1,75004/240.47 miCarpenter Way, Potters Bar, EN62
£1,60003/240.48 miThe Grove, Potters Bar, EN62
£1,70002/250.5 mi-2
£2,55012/240.55 mi-2
£2,95012/240.55 mi-2
£1,90004/240.57 miThe Picture House, 191-195 Darkes Lane, Potters Bar, Hertfordshire, EN62
£1,75003/240.57 miThe Picture House, 191-195 Darkes Lane, Potters Bar, Hertfordshire, EN62
£1,50003/240.57 miDarkes Lane, Potters Bar, EN62
£1,65004/240.57 miAlbany Gate, Darkes Lane, Potters Bar, Hertfordshire, EN62
£1,69504/240.57 miDarkes Lane, Potters Bar2
£1,55004/250.59 mi-2
£1,75004/240.6 miPotters Bar2
£1,75004/240.6 miDarkes Lane, Potters Bar2
£1,75004/240.6 miThe Picture House, Darkes Lane2
£1,75004/240.6 miDarkes Lane, Potters Bar2
£1,75004/240.6 miDarkes Lane, Potters Bar2
£2,25012/240.6 mi-2

Local Area Statistics

Population in EN6

29,067

Population in Potters Bar

29,075

Town centre distance

0.37 miles away

Nearest school

0.30 miles away

Nearest train station

0.62 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+16%

Sales demand

Buyer's market

Capital growth (5yrs)

+14%

Property History

Price changed to £325,000

March 20, 2025

Listed for £345,000

February 20, 2025

Description

  • Chain Free +
  • Walking distance to main line station +
  • Large 19ft Living room with patio door & Juliet balcony +
  • Close to supermarket & the High Street +
  • Well presented through out +
  • Within easy reach of a good Schools +
  • Permit Parking +
  • Gas Central Heating +
  • Outside storage +
  • Modern Bathroom & Kitchen +

This Two Double Bedroom top floor purpose built flat located just off Mutton Lane and within easy reach of Tesco Supermarket, the High Street and within a short distance to Potters Bar Main Line Station. The property has fitted kitchen with all the appliances and a 19ft living room, benefits also include an outside storage cupboard suitable for bicycles. Ideal for first-time buyer's starter home as well as investors. Offered Chain Free.

Entrance
Communal entrance door leading to the staircase to the 1st Floor. Entrance door to the property.

Entrance Hallway
Oak effect laminate flooring, large storage cupboard housing the washing machine space for a tumble dryer above, further storage cupboard housing the electric fuse board. smoke detectors, ceiling light, doors to various rooms.

Kitchen 10' 2'' x 6' 11'' (3.10m x 2.11m)
Double glazed windows to the side, Range of wall, base and draw units with wooden work surfaces, round bowl single sink unit with mixer tap and drainer. Built in single oven with ceramic hob and chimney style extractor hood above. Dishwasher and fridge/freezer, tiled splash backs, power points, recess spotlights, wall mounted combination boiler.

Lounge/Diner 19' 5'' x 11' 4'' (5.91m x 3.45m) approx
Dual aspect room with double glazed windows and sliding patio doors with a Juliet balcony. power points, T.V. point radiator, two ceiling lights.

Bedroom 1 11' 3'' x 9' 2'' (3.43m x 2.79m) approx
Double Glazed window to the side, power points, ceiling light, and radiator.

Bedroom 2 11' 3'' x 9' 11'' (3.43m x 3.02m) approx
Double Glazed window to the side, power points, ceiling lights, and radiator.

Bathroom
Obscured double glazed window to the side. Panelled bath with mixer tap and electric power shower above and a glass screen. Partially tiled walls. Low level W.C; pedestal hand basin with mono block tap.

Exterior
Large lock up storage cupboard ideal for housing bikes, drying area, communal grass areas.

LEASEHOLD PROPERTIES:
Ground Rent:
Service Charges: £1560 PA
Buildings Insurance: Included
Lease length: 87
EPC C
Council Tax Band: C Hertsmere

Parking arrangements: Permit Parking
Mains Gas: Yes
Mains Electric: Yes
Mains Water/drainage: Yes
Heating Type: Gas Central Heating

Surface Water Flood Risk: Very Low Risk
Rivers & The Seas Flood Risk: Very Low Risk
(source: Gov.uk)
Broadband Availability: EE, THREE,O2,VODAFONE, All Likely. (Source: Ofcom & BT Broadband Availability Checker)
Mobile Availability: STANDARD SUPERFAST & ULTRAFAST (Source: Ofcom)

If you wish to 'opt out' from receiving any marketing material/property details from Hobdays Estate Agents. Please telephone us on or email to advise us of your preferences.
If you wish to view our privacy statement, please visit hobdays.co.uk/legal/privacy

From June 2017, In line with 'The Money Laundering Regulations 2007' we are legally obliged to take formal identification from any person(s) wishing to purchase a property through Hobdays. We will require one form of photographic identification (passport, photocard driving licence, national identity card, firearms certificate, Northern Ireland identity card issued by the electoral office) together with a recent document identifying your postal address (utility bill, bank statement, mortgage statement, council tax letter). Alternatively, you can submit your identification to your solicitor for verification, but they will need to confirm to us in writing that the identity checks have been carried out & provide us with certified copies.

Viewing strictly by appointment via Hobdays
Telephone:
Unauthorised uses of the details, pictures or floor plans regarding this property is strictly forbidden & remain the property of Hobdays Estates Limited
Whilst all reasonable care has been taken in the preparation of these details, their accuracy is NOT guaranteed. All measurements are approximate, and the descriptions are for general purposes only (A laser measure has been used). None of the statements contained in these particulars are to be relied upon as statements or representations of fact. Hobdays has not tested any apparatus, equipment, fixtures, fittings or services relating to this property and therefore cannot verify that they are in working order or fit for the purpose. Prospective purchasers are strongly advised to satisfy themselves, by inspection or otherwise, as to the correctness of any statement herein and to take appropriate precautions to check anything which may be critical to their interest in the property. All pictures are taken with the aid of a wide angled lens. Items shown are not necessarily included. *Tenure of the property has not been checked; therefore this need to be verified by the buyers solicitor.

Agent Details

Hobdays, Potters Bar

01707 954207

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