2 Bed Flat, Cash/Bridging Only, London, N14 4LQ, £330,000

211 Dalrymple Close, Southgate, N14 - a month ago

Leasehold
Cash
~68 m²
+11 photos

ValuationFair Value

Sold Prices£275K - £660K
Sold Prices/m²£4.8K/m² - £9.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.8K/m²

Value Estimate

£333,300

 

 

End Value (After Refurb)

£500,474

Uplift in Value

+52%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£82,500

Stamp Duty & Legal Fees

£21,700

Refurb Costs

£36,065

Bridging Loan Interest

£8,663

Total Cash In

£150,677

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£500,474

Agent Fees (1%)

£5,005

Bridging Loan

£247,500

Bridging Loan Interest

£8,663

Flip Profit

£97,292

Local Sold Prices

50 sold prices from £275K to £660K, average is £395K. £4.8K/m² to £9.5K/m², average is £6.6K/m².

PriceDateDistanceAddressBeds 
£395K10/200.09 miFlat 18, Grovebury Court, Chase Road, London, Greater London N14 4JR2
£343K03/230.09 miFlat 42, Grovebury Court, Chase Road, London, Greater London N14 4JR2
£275K05/210.18 mi21, Oakwood Close, London, Greater London N14 4JY2
£380K07/230.19 mi47, Oakwood Close, London, Greater London N14 4JY2
£400K06/230.19 mi35, Oakwood Close, London, Greater London N14 4JY2
£425K03/210.26 mi1, Wayside Close, London, Greater London N14 4LB2
£380K01/230.27 miFlat 6, Orchard Court, Avenue Road, London, Greater London N14 4ED2
£437K12/220.29 mi12, Grosvenor Court, London, Greater London N14 4EG2
£359K02/230.3 mi11, The Wells, London, Greater London N14 6AE2
£312.5K12/200.3 miFlat 15, Lousada Lodge, Avenue Road, London, Greater London N14 4DL2
£472.5K10/220.41 mi76, Windsor Court, London, Greater London N14 5HS2
£343K03/210.41 mi15, The Vineries, London, Greater London N14 4BH2
£380K10/200.42 mi6, The Vineries, London, Greater London N14 4BH2
£345K05/230.44 miFlat 18, Bush Court, Crown Lane, London, Greater London N14 5EY2
£410K03/230.44 miFlat 12, Bush Court, Crown Lane, London, Greater London N14 5EY2
£375K06/210.48 mi70, Grange Gardens, London, Greater London N14 6QN2
£347K11/200.49 mi16, Dorchester Court, London, Greater London N14 4QD2
£395K12/200.5 mi5, Grange Gardens, London, Greater London N14 6QP2
£404K11/200.52 mi16, Grange Gardens, London, Greater London N14 6QP2
£395K05/210.52 mi161, The Vale, London, Greater London N14 6BA2
£380K10/200.54 miFlat 17, Park House, Winchmore Hill Road, London, Greater London N21 1QL2
£403K03/230.54 mi8, Masefield Crescent, London, Greater London N14 4AG2
£380K05/210.54 mi14, Masefield Crescent, London, Greater London N14 4AG2
£425K11/200.54 miFlat 20, Sheridan Lodge, Chase Side, London, Greater London N14 4PJ2
£420K09/230.54 miFlat 6, Sheridan Lodge, Chase Side, London, Greater London N14 4PJ2
£345K03/210.54 mi5, Freshfield Drive, London, Greater London N14 4QW2
£460K08/230.55 miFlat 3, Alexandra Court, Chase Road, London, Greater London N14 4RE2
£408K02/230.55 mi321, Leigh Hunt Drive, London, Greater London N14 6BZ2
£505K05/210.56 mi17, Harper Close, London, Greater London N14 4ES2
£455K01/230.56 mi41, The Glade, London, Greater London N21 1QG2
£420K06/210.56 mi39, The Glade, London, Greater London N21 1QG2
£385.9K11/220.59 mi8, Gerrards Close, London, Greater London N14 4RH2
£385K09/230.61 mi8, Gladeside, London, Greater London N21 1QD2
£453K03/230.61 mi24, Gladeside, London, Greater London N21 1QD2
£380K05/210.61 mi52, Spring Bank, London, Greater London N21 1JH2
£395K03/210.62 miFlat 48, Seymour Court, Eversley Park Road, London, Greater London N21 1JQ2
£395K06/210.62 miFlat 38, Seymour Court, Eversley Park Road, London, Greater London N21 1JQ2
£398K06/210.62 miFlat 37, Seymour Court, Eversley Park Road, London, Greater London N21 1JQ2
£400K11/210.65 mi11, Spring Bank, London, Greater London N21 1JH2
£420K01/210.65 mi54, Spring Bank, London, Greater London N21 1JH2
£360K09/210.65 mi22, Homestead Paddock, London, Greater London N14 4AN2
£625K11/220.66 mi16, Blagdens Lane, London, Greater London N14 6DG2
£660K03/210.66 mi18, Blagdens Lane, London, Greater London N14 6DG2
£390K08/230.66 miFlat 31, Seymour Court, Eversley Park Road, London, Greater London N21 1JG2
£335K01/230.66 mi26, Blackwell Close, London, Greater London N21 1UL2
£385K04/230.67 mi29, Blackwell Close, London, Greater London N21 1UL2
£360K10/220.67 mi35, Blackwell Close, London, Greater London N21 1UL2
£340K03/230.69 mi148, Leigh Hunt Drive, London, Greater London N14 6DJ2
£325K01/230.69 mi159, Leigh Hunt Drive, London, Greater London N14 6DJ2
£575K09/210.69 mi97, High Street, London, Greater London N14 6DL2

Local Rents

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

RentDateDistanceAddressBeds 
£1,70006/240.01 miDalrymple Close, Southgate, N142
£1,95005/240.23 miLinden Way, Southgate2
£1,75006/240.23 miChase Road, London2
£1,75005/240.24 miMagnolia Court, Old Farm Avenue, Southgate2
£1,72506/240.24 miChase Road, Southgate2
£1,95006/240.26 miHillside Grove, London, N142
£1,95012/240.26 mi-2
£2,17505/240.26 mi-2
£2,20005/240.27 mi-2
£1,75005/240.27 miHillside Grove, Southgate, N142
£1,75006/240.28 miChase Road, London, N142
£1,75006/240.28 miGrovelands Court Chase Road, London N142
£1,85006/240.28 miGrovelands Court Chase Road, London N142
£1,85012/240.28 mi-2
£1,70006/240.29 miAvenue Road, Chase Court Avenue Road, N142
£1,90005/240.3 miLuna Court, Southgate2
£1,95002/240.3 mi-2
£2,00003/250.3 mi-2
£1,75006/240.32 miLauder Court, Winchmore Hill Road, N142
£2,45005/240.32 mi-2
£1,65006/240.32 miFernwood Court, Southgate, N14 6JF2
£1,85006/240.32 miPickard Close, Southgate N142
£2,25006/240.33 miLarch Way, London, N142
£2,10005/240.34 miFernwood Court, Southgate, London, N142
£1,80006/240.34 miColtswood Court, 3 Pickards Close, Southgate2
£1,60006/240.34 miGwalior House, Avenue Road2
£1,95005/240.34 mi-2
£1,95005/240.34 mi-2
£1,75003/250.35 mi-2
£1,75006/240.36 miFernwood Court, London2
£1,85003/240.36 miWindsor Court, Southgate, London N142
£2,00006/240.36 miNursery Road Southgate N142
£1,75006/240.39 miChase Side, Southgate, N14 5BT2
£1,70005/240.4 miChase Side, London, N142
£1,70005/240.4 miChase Side, London, N142
£2,00003/250.4 mi-2
£2,00003/250.4 mi-2
£2,30012/240.4 mi-2
£2,20005/240.41 miAvenue Road, London, N142
£1,85005/240.42 miChase Side, London, N142
£1,95005/240.42 miThe Vineries, London, N142
£1,95005/240.42 mi-2
£1,70006/240.43 miBush Court, Crown Lane, Southgate, N142
£1,58005/240.44 miBourneside Crescent, Southgate, N142
£1,75003/250.45 mi-2
£1,57505/240.46 miChase Road, London, N142
£1,70002/250.46 mi-2
£1,60005/240.48 miAvenue Road, London, N142
£1,95005/240.48 miWindsor Court, Southgate, N142
£1,60012/240.49 miSouthgate, North London, N142

Local Area Statistics

Population in N14

29,810

Population in London

4,771,921

Town centre distance

7.69 miles away

Nearest school

0.60 miles away

Nearest train station

0.42 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Buyer's market

Capital growth (5yrs)

+6%

Property History

Listed for £330,000

March 1, 2025

Floor Plans

Description

  • Two Bedroom Flat +
  • Set on Top Floor +
  • Semi Open Plan Kit/Lounge +
  • On-site Parking +
  • Chain Free +
  • Lease 67 Years +

INVESTORS OPPORTUNITY Homelink are pleased to offer for sale this top floor 2 bedroom purpose built block set close to local facilities in Southgate and transport links which is ideal for cash investors looking for a buy-to-let investment.

Set in a quiet residential development the property has a large living room which leads on to a kitchen, two bedrooms and a bathroom. Other benefits include great storage throughout which includes loft space and on-site parking.

The property is ideally located to Southgate Underground station with all the cafes, restaurants, shops and amenities Southgate has to offer.

Tenure: Leasehold
Lease: 67 Years unexpired
Serv. Charge: £2,378 p.a.
Ground Rent: £225 p.a.

To arrange a viewing, call and speak to one of our friendly sales team.

Agent Details

Homelink Lettings & Estates, London

020 3906 1016

Next Steps?

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