2 Bed Terraced House, Single Let, London, N3 2DF, £500,000

Princes Avenue, London, N3 2DF - 2 months ago

Leasehold

BTL

~68 m²

+18 photos

ValuationUndervalued

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

Square Metres	~68.11 m²
Price/m²	£7.3K/m²
Value Estimate	£546,725£546,725
BMV	9%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£125,000£125,000
Stamp Duty & Legal Fees	£28,700£28,700
Total Cash In	£153,700£153,700

Cash Out
Rent Range	£1,600 - £2,450£1,600 - £2,450
Rent Estimate	£1,750
Running Costs/mo	£1,933£1,933
Cashflow/mo	£-182£-182
Cashflow/yr	£-2,190£-2,190
Gross Yield	4%4%

Local Sold Prices

29 sold prices from £191.9K to £1.7M, average is £620K. £3K/m² to £10.9K/m², average is £8.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£191.9K	10/20	0.22 mi	46, The Grove, London, Greater London N3 1QJ	£2,952	65	2	Detached House
£657K	01/21	0.27 mi	125, Long Lane, London, Greater London N3 2HY	£7,628	86	2	Terraced House
£560K	09/22	0.27 mi	111, Long Lane, London, Greater London N3 2HY	-	-	2	Terraced House
£685K	12/22	0.3 mi	115, Long Lane, London, Greater London N3 2HY	£9,133	75	2	Terraced House
£458.3K	12/22	0.33 mi	25a, Brownlow Road, London, Greater London N3 1NA	-	-	2	Terraced House
£462.5K	09/23	0.38 mi	68b, Holdenhurst Avenue, London, Greater London N12 0HX	£7,115	65	2	Detached House
£450K	02/21	0.42 mi	6, College Terrace, London, Greater London N3 1DT	£9,375	48	2	Semi-Detached House
£397.5K	03/21	0.49 mi	84, Gordon Road, London, Greater London N3 1EP	£6,737	59	2	Terraced House
£870K	12/22	0.5 mi	8, West Avenue, London, Greater London N3 1AX	£7,982	109	2	Semi-Detached House
£810K	09/23	0.7 mi	3, Thomas More Way, London, Greater London N2 0UL	£9,759	83	2	Terraced House
£685K	10/22	0.75 mi	25, Abercorn Road, London, Greater London NW7 1JH	-	-	2	Detached House
£1.7M	08/23	0.75 mi	4, Kingsgate Avenue, London, Greater London N3 3BH	-	-	2	Detached House
£620K	06/21	0.75 mi	46, Hutton Grove, London, Greater London N12 8DT	£6,889	90	2	Semi-Detached House
£670K	12/20	0.8 mi	52, Hamilton Road, London, Greater London N2 0SW	£8,072	83	2	Terraced House
£640K	05/21	0.8 mi	68, Hamilton Road, London, Greater London N2 0SW	£9,143	70	2	Terraced House
£625K	01/21	0.8 mi	25, Dale Grove, London, Greater London N12 8EE	£6,579	95	2	Terraced House
£610K	05/21	0.83 mi	44, Brackenbury Road, London, Greater London N2 0ST	£10,126	60	2	Terraced House
£615K	03/21	0.83 mi	86, Brackenbury Road, London, Greater London N2 0ST	£8,662	71	2	Terraced House
£625K	07/23	0.83 mi	88, Brackenbury Road, London, Greater London N2 0ST	£9,191	68	2	Terraced House
£625K	07/23	0.83 mi	88, Brackenbury Road, London, Greater London N2 0ST	£9,191	68	2	Terraced House
£665K	01/24	0.83 mi	64, Brackenbury Road, London, Greater London N2 0ST	£10,391	64	2	Terraced House
£365K	03/22	0.83 mi	18a, Bittacy Hill, London, Greater London NW7 1LB	£5,448	67	2	Terraced House
£610K	01/24	0.85 mi	2, Red Lion Hill, London, Greater London N2 8ED	£10,893	56	2	Terraced House
£520.9K	12/22	0.86 mi	56, Manor Park Road, London, Greater London N2 0SJ	£7,892	66	2	Semi-Detached House
£745K	03/21	0.91 mi	430, Long Lane, London, Greater London N2 8JL	£8,663	86	2	Semi-Detached House
£610K	03/21	0.94 mi	Kingsbury, King Street, London, Greater London N2 8DY	£6,778	90	2	Semi-Detached House
£795K	11/20	0.97 mi	18, Church Lane, London, Greater London N2 8DT	£8,281	96	2	Semi-Detached House
£600K	12/23	0.98 mi	21, Grove Road, London, Greater London N12 9EB	£6,452	93	2	Semi-Detached House
£541K	08/23	1 mi	29, Lee Road, London, Greater London NW7 1LJ	-	-	2	Semi-Detached House

Local Rents

50 rents from £1.6K/mo to £2.5K/mo, average is £1.9K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,750	06/24	0.01 mi	Princes Avenue, Finchley Central, London	2	Flat
£1,700	03/25	0.03 mi	-	2	Flat
£2,050	09/24	0.03 mi	-	2	Flat
£2,050	04/25	0.03 mi	-	2	Flat
£2,050	08/24	0.03 mi	Princes Avenue, London, N3	2	Flat
£2,100	06/24	0.04 mi	Dorset Mews London N3	2	Flat
£1,950	06/24	0.04 mi	Dorset Mews, London, N3	2	Flat
£1,725	08/24	0.06 mi	Princes Avenue, Finchley Central, N3	2	Flat
£2,250	05/24	0.06 mi	Princes Avenue, Finchley, N3	2	Flat
£1,846	09/24	0.08 mi	Princes Avenue, Finchley Central N3	2	Flat
£1,750	06/24	0.09 mi	Long Lane, Finchley, London	2	Flat
£2,050	08/24	0.1 mi	-	2	Flat
£1,900	05/24	0.11 mi	-	2	Flat
£1,900	05/24	0.11 mi	Long Lane, London, N3	2	Flat
£1,850	08/24	0.12 mi	Vines Avenue, Finchley, N3	2	Flat
£1,750	08/24	0.12 mi	Vines Avenue, Finchley Central, N3	2	Flat
£2,000	06/24	0.13 mi	Ballards Lane, Church End, London, N3	2	Flat
£1,750	08/24	0.13 mi	Ballards Lane, London, N3	2	Flat
£1,950	05/24	0.15 mi	-	2	Flat
£1,950	05/24	0.15 mi	Ballards Lane, London, N3	2	Flat
£2,200	06/24	0.15 mi	-	2	Flat
£2,199	07/24	0.15 mi	-	2	Flat
£2,200	07/24	0.15 mi	-	2	Flat
£2,200	07/24	0.15 mi	-	2	Flat
£2,200	08/24	0.15 mi	-	2	Flat
£1,950	07/24	0.16 mi	Ballards Lane, Finchley	2	Flat
£1,950	09/24	0.16 mi	Ballards Lane, Finchley	2	Flat
£2,150	05/24	0.17 mi	Cornwall Avenue, Finchley	2	Flat
£2,150	08/24	0.17 mi	Cornwall Works, London, N3	2	Flat
£2,150	08/24	0.17 mi	-	2	Flat
£1,900	08/24	0.18 mi	Ballards Lane, Finchley Central, N3	2	Flat
£1,900	09/24	0.18 mi	Ballards Lane, Finchley Central, N3	2	Flat
£1,900	08/24	0.18 mi	Ballards Lane, Finchley Central, N3	2	Flat
£2,200	05/24	0.18 mi	-	2	House
£2,000	05/24	0.19 mi	Ballards Lane, Finchley Central, N3	2	Flat
£2,000	07/24	0.2 mi	Princes Avenue, Finchley, London, N3	2	Flat
£2,300	07/24	0.2 mi	Shakespeare Road, London, N3	2	Flat
£1,750	05/24	0.22 mi	-	2	Flat
£2,450	08/24	0.24 mi	-	2	Flat
£1,600	05/24	0.24 mi	Nether Street, Finchley, N3	2	Flat
£1,900	05/24	0.24 mi	-	2	Flat
£1,900	05/24	0.24 mi	-	2	Flat
£1,900	08/24	0.24 mi	The Grove, Finchley Central, London	2	Flat
£1,700	07/24	0.24 mi	The Grove, Finchley Central, London, N3 1QT	2	Flat
£2,000	05/24	0.25 mi	Nether Street, Finchley, London, N3	2	Flat
£1,850	11/24	0.25 mi	-	2	Flat
£1,975	09/24	0.25 mi	-	2	Flat
£1,900	02/25	0.25 mi	-	2	Flat
£2,200	05/24	0.25 mi	Ballards Lane, London, N3	2	Flat
£1,900	08/24	0.25 mi	Fabian Court, 57-59 Station Road, Finchley Central	2	Flat

Local Area Statistics

Population in N3	26,58426,584
Population in London	4,771,9214,771,921
Town centre distance	6.27 miles away6.27 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.21 miles away0.21 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-30%-30%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+19%+19%

Property History

Listed for £500,000

February 24, 2025

Floor Plans

Description

Two bedroom apartment +
living room +
dining area +
two bathrooms / One ensuite +
Terrace +
modern throghout +
chain free +
leasehold - 89 years remaining +
Service charge £1462 Per Anum +

A beautifully presented two-bedroom, two-bathroom apartment just a short walk from Finchley Central Station. Offering over 850 sq. ft. of well-designed living space, this property is ideally situated near the shops and restaurants of Ballards Lane, Victoria Park, and excellent transport links.

The apartment features a separate living room and dining area, a fully fitted kitchen, two well-proportioned bedrooms, and two bathrooms, including en-suite. Additional highlights include high ceilings, charming period features, ample storage, and access to a communal roof terrace.

Offered chain-free, this is a fantastic opportunity for buyers seeking space, character, and convenience in a sought-after location.

Agent Details

Martyn Gerrard, Finchley

020 3872 3468

Next Steps?

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

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