2 Bed Terraced House, Single Let, London, N3 2RA, £450,000

Long Lane, London, N3 2RA - 2 views - 2 months ago

Under Offer
BTL
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£191.9K - £1.7M
Sold Prices/m²£3K/m² - £10.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£6.6K/m²

Value Estimate

£558,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£24,700

Total Cash In

£137,200

 

 

Cash Out

 

Rent Range

£1,580 - £3,000

Rent Estimate

£1,580

Running Costs/mo

£1,742

Cashflow/mo

£-162

Cashflow/yr

£-1,947

Gross Yield

4%

Local Sold Prices

38 sold prices from £191.9K to £1.7M, average is £617.5K. £3K/m² to £10.9K/m², average is £8.3K/m².

PriceDateDistanceAddressBeds 
£685K12/220.11 mi115, Long Lane, London, Greater London N3 2HY2
£657K01/210.14 mi125, Long Lane, London, Greater London N3 2HY2
£560K09/220.14 mi111, Long Lane, London, Greater London N3 2HY2
£810K09/230.39 mi3, Thomas More Way, London, Greater London N2 0UL2
£670K12/200.44 mi52, Hamilton Road, London, Greater London N2 0SW2
£640K05/210.44 mi68, Hamilton Road, London, Greater London N2 0SW2
£462.5K09/230.45 mi68b, Holdenhurst Avenue, London, Greater London N12 0HX2
£610K01/240.46 mi2, Red Lion Hill, London, Greater London N2 8ED2
£610K05/210.47 mi44, Brackenbury Road, London, Greater London N2 0ST2
£615K03/210.47 mi86, Brackenbury Road, London, Greater London N2 0ST2
£625K07/230.47 mi88, Brackenbury Road, London, Greater London N2 0ST2
£625K07/230.47 mi88, Brackenbury Road, London, Greater London N2 0ST2
£665K01/240.47 mi64, Brackenbury Road, London, Greater London N2 0ST2
£520.9K12/220.48 mi56, Manor Park Road, London, Greater London N2 0SJ2
£745K03/210.52 mi430, Long Lane, London, Greater London N2 8JL2
£610K03/210.55 miKingsbury, King Street, London, Greater London N2 8DY2
£795K11/200.58 mi18, Church Lane, London, Greater London N2 8DT2
£458.3K12/220.6 mi25a, Brownlow Road, London, Greater London N3 1NA2
£191.9K10/200.6 mi46, The Grove, London, Greater London N3 1QJ2
£615K01/240.63 mi6, Leopold Road, London, Greater London N2 8BE2
£1.0M05/230.64 mi52, Chandos Road, London, Greater London N2 9AP2
£450K02/210.66 mi6, College Terrace, London, Greater London N3 1DT2
£1.7M08/230.67 mi4, Kingsgate Avenue, London, Greater London N3 3BH2
£680K10/230.74 mi17, Heath View, London, Greater London N2 0QD2
£615K12/200.74 mi17, Heath View, London, Greater London N2 0QD2
£680K08/230.74 mi29, Heath View, London, Greater London N2 0QD2
£680K08/230.74 mi29, Heath View, London, Greater London N2 0QD2
£460K05/210.78 mi145, Elmshurst Crescent, London, Greater London N2 0LW2
£870K12/220.85 mi8, West Avenue, London, Greater London N3 1AX2
£397.5K03/210.88 mi84, Gordon Road, London, Greater London N3 1EP2
£545K03/210.88 mi247a, East End Road, London, Greater London N2 8AY2
£620K06/210.91 mi46, Hutton Grove, London, Greater London N12 8DT2
£575.1K08/210.91 mi209, Falloden Way, London, Greater London NW11 6LP2
£520K06/210.93 mi175, Falloden Way, London, Greater London NW11 6LG2
£405K01/240.93 mi194, Falloden Way, London, Greater London NW11 6JE2
£625K01/230.94 mi96, Falloden Way, London, Greater London NW11 6JD2
£300K03/210.95 mi24, Deanery Close, London, Greater London N2 8NS2
£625K01/210.96 mi25, Dale Grove, London, Greater London N12 8EE2

Local Rents

49 rents from £1.6K/mo to £3K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,65006/240.05 mi-2
£3,00009/240.05 miSquires Lane, Finchley, London, N32
£1,65008/240.08 miSquires Lane, London, N32
£1,58009/240.08 mi-2
£1,58010/240.08 mi-2
£1,60006/240.08 miLong Lane, Finchley2
£1,80002/240.08 miSquires Lane, Finchley, London, N32
£1,65006/240.09 miLong Lane, Finchley2
£1,80008/240.1 miSquires Lane, Finchley2
£2,00005/240.11 miSquires Lane, London, N32
£1,65005/240.15 miSquires Court, Abingdon Road, London, N32
£2,20007/240.21 miManor Cottages Approach, London2
£2,19112/240.21 mi-2
£2,00008/240.22 miQueens Avenue, Finchley, N32
£1,84909/240.25 mi-2
£1,79910/240.25 mi-2
£1,85002/240.25 mi-2
£1,85006/240.25 miLucas Gardens, East Finchley, London, N22
£1,92502/250.28 mi-2
£1,85007/240.28 miGlebe Road, Finchley2
£1,85008/240.28 miVines Avenue, Finchley, N32
£1,75008/240.28 miVines Avenue, Finchley Central, N32
£1,95006/240.28 miStation Road, Finchley, N32
£2,00008/240.28 miQueens Avenue, London2
£2,00007/240.29 miQueens Avenue, Finchley, London, N32
£1,79506/240.29 mi-2
£1,80005/240.29 miConnections House, Glebe Road, Finchley, London, N32
£1,80005/240.3 miSimms Gardens, East Finchley, N22
£1,75007/240.3 miBlackdown Close, East Finchley2
£1,62502/250.3 mi-2
£1,60005/240.3 miBlackdown Close, East Finchley, N22
£1,72508/240.34 miPrinces Avenue, Finchley Central, N32
£2,25005/240.34 miPrinces Avenue, Finchley, N32
£1,90002/250.34 mi-2
£1,80005/240.34 miConnections House, Glebe Road, London2
£1,70005/240.35 miStation Road, Finchley2
£1,67505/240.35 miGarden, London, N22
£1,67505/240.35 mi-2
£2,10011/240.35 mi-2
£2,00003/250.35 mi-2
£1,85011/240.36 mi-2
£1,75002/250.36 mi-2
£1,75006/240.36 miLong Lane, Finchley, London2
£1,80012/240.36 mi-2
£2,00007/240.37 miPrinces Avenue, Finchley, London, N32
£2,05006/240.37 miHigh Road, London, N22
£2,05006/240.38 mi-2
£2,05006/240.38 miHigh Road, London, N22
£1,82006/240.38 miCrathorne House, London, N22

Local Area Statistics

Population in N3

26,584

Population in London

4,771,921

Town centre distance

5.89 miles away

Nearest school

0.10 miles away

Nearest train station

0.49 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-30%

Sales demand

Buyer's market

Capital growth (5yrs)

+19%

Property History

Listed for £450,000

February 21, 2025

Floor Plans

Description

  • Chain Free +
  • 2 Bedrooms +
  • Ground Floor Flat +
  • Private Garden +
  • Share Of Freehold +
  • Beautifully Presented +
  • Close To Underground/Northern Line +
  • Close To Local Amenities +

The Property
Step into this beautifully presented 2-bedroom garden flat, a rare find within a converted
Victorian terrace in the heart of Finchley. Boasting a stunning private garden and period
features, this home perfectly combines timeless appeal with modern convenience. This
chain-free property is an ideal home for young families and first-time buyers.

Key Features:

• Spacious & Stylish Living Area – A bright, separate living room featuring an
original fireplace, built-in shelves and cupboards, and a beautiful bay window
that floods the space with natural light.

• Modern Kitchen – A newly fitted kitchen with integrated appliances, including a
built-in dishwasher and microwave, as well as an induction hob and oak
worktops. Thoughtfully designed to maximise space and functionality.

• Two Comfortable Double Bedrooms – One bedroom features a built-in
wardrobe, while the second is currently set up as a home office with a sofa bed
and a built-in workspace, perfect for remote working professionals or a versatile
space for a nursery.

• Practical Bathroom – A well-equipped bathroom with an electric shower and a
new vanity unit, offering everything you need for everyday comfort.

• Stunning Private Garden – A true highlight of this home, the large private garden
is a beautifully designed, low-maintenance outdoor retreat. With a pergola and
decking at the back, it’s perfect for entertaining, relaxing, or letting
children play safely. This rare outdoor space is a fantastic extension of the home
and a real selling point. Whether you're hosting summer barbecues, enjoying
evening drinks under the pergola this garden offers a fantastic place to escape the
city.

• Parquet Flooring Throughout – Beautiful parquet flooring enhances the
character of the home, creating a stylish and cohesive feel throughout.

• Free On-Street Parking – Convenient on-street parking with no permit
restrictions.

• Gas Central Heating & Double Glazing – Ensuring comfort and efficiency all year
round.

Location
Prime Location:

Located in a quiet, residential area with a friendly community, yet just moments away
from North London’s lively social scene, with an array of trendy brunch spots, artisan
markets, and cultural events, making it perfect for young professionals and families alike.
This property is just a 10-minute walk to Finchley Central Station (Northern Line)
providing quick access to King’s Cross in approximately 20 minutes, making commuting
effortless. A bus stop is also just a few minutes away.

Local Amenities & Schools:

• Surrounded by independent cafés, bakeries and restaurants, as well as
established gyms, doctors surgery and vets.

• Victoria Park is a 5-minute walk away, offering open green spaces, a playground,
and sports facilities.

• Enjoy easy access to Hampstead Heath, as well as the vibrant East Finchley,
Muswell Hill, and Highgate Village.

• Excellent nearby schools, including Akiva School, Manorside Primary School,
and Moss Hall Schools Federation, make this a fantastic home for families.

This exceptional Victorian garden flat is a rare opportunity in a sought-after area,
offering a blend of space, charm, and a wonderful outdoor space to enjoy. Properties like
this are in high demand, so act quickly to secure this stunning home—perfect for relaxing,
entertaining, or working from home. With scope to personalise and add your own touch,
this home is an excellent choice for first-time buyers and young families looking for a
home in North London.

Tenure
We have been advised that the property has share of the freehold. All buyers are advised to verify this with their solicitors.

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering North London

020 3834 8512

Next Steps?

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