2 Bed Flat, Single Let, London, N9 0TQ, £290,000

Geary Court, Lower Edmonton N9 0TQ - 1 views - a month ago

Leasehold

BTL

ROI: 4%

~68 m²

+7 photos

ValuationUndervalued

Sold Prices	£222.5K - £315K
Sold Prices/m²	£3.2K/m² - £6K/m²

Square Metres	~68.11 m²
Price/m²	£4.3K/m²
Value Estimate	£309,595£309,595
BMV	7%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£72,500£72,500
Stamp Duty & Legal Fees	£17,700£17,700
Total Cash In	£90,200£90,200

Cash Out
Rent Range	£1,300 - £4,000£1,300 - £4,000
Rent Estimate	£1,550
Running Costs/mo	£1,236£1,236
Cashflow/mo	£314£314
Cashflow/yr	£3,765£3,765
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

46 sold prices from £222.5K to £315K, average is £257.3K. £3.2K/m² to £6K/m², average is £4.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£278K	10/22	0.13 mi	13, Sawyer Close, London, Greater London N9 9XP	£6,043	46	2	Flat
£273.5K	07/21	0.24 mi	17, Ruskin Walk, London, Greater London N9 9DT	£3,907	70	2	Flat
£270K	12/22	0.25 mi	27, Beechwood Mews, London, Greater London N9 9XH	£4,762	57	2	Flat
£250K	09/23	0.25 mi	31, Beechwood Mews, London, Greater London N9 9XH	£4,545	55	2	Flat
£250K	01/21	0.25 mi	15, Beechwood Mews, London, Greater London N9 9XH	£4,604	54	2	Flat
£290K	03/23	0.25 mi	29, Beechwood Mews, London, Greater London N9 9XH	£5,257	55	2	Flat
£262.5K	04/21	0.26 mi	62, Milestone Close, London, Greater London N9 9GA	£4,953	53	2	Flat
£303K	09/22	0.29 mi	17, Lichfield Road, London, Greater London N9 9HD	£5,203	58	2	Flat
£258K	12/20	0.31 mi	21, All Saints Close, London, Greater London N9 9AT	£4,868	53	2	Flat
£315K	10/23	0.35 mi	16a, Sunnyside Road North, London, Greater London N9 9SW	-	-	2	Flat
£226K	01/21	0.36 mi	124, Croyland Road, London, Greater London N9 7BD	£3,965	57	2	Flat
£262K	05/21	0.37 mi	Flat 4, Romany House, Beaconsfield Road, London, Greater London N9 0PY	-	-	2	Flat
£280K	02/23	0.38 mi	89, Church Lane, London, Greater London N9 9QA	£4,000	70	2	Flat
£257.5K	09/21	0.47 mi	42, Grilse Close, London, Greater London N9 0UU	£4,952	52	2	Flat
£270K	09/22	0.47 mi	49, Pycroft Way, London, Greater London N9 9XU	£5,348	50	2	Flat
£260K	03/21	0.47 mi	53, Pycroft Way, London, Greater London N9 9XU	£4,906	53	2	Flat
£260K	12/22	0.49 mi	52, Pycroft Way, London, Greater London N9 9XY	£4,407	59	2	Flat
£222.5K	10/20	0.49 mi	119, Croyland Road, London, Greater London N9 7BH	-	-	2	Flat
£275K	03/22	0.53 mi	41, Jeremys Green, London, Greater London N18 2NB	£4,260	65	2	Flat
£247.5K	06/21	0.54 mi	21, Hennessy Road, London, Greater London N9 0XA	-	-	2	Flat
£265K	07/22	0.56 mi	28, Herne Mews, London, Greater London N18 2QZ	-	-	2	Flat
£240K	10/22	0.56 mi	6, Hennessy Road, London, Greater London N9 0XQ	-	-	2	Flat
£257K	10/22	0.57 mi	14, Hennessy Road, London, Greater London N9 0XQ	-	-	2	Flat
£280K	06/23	0.58 mi	Ground Floor Flat, 23, Arthur Road, London, Greater London N9 9AF	£3,636	77	2	Flat
£240K	04/21	0.6 mi	30, Pentland Close, London, Greater London N9 0XN	£4,898	49	2	Flat
£240K	04/21	0.6 mi	30, Pentland Close, London, Greater London N9 0XN	£4,898	49	2	Flat
£225K	04/21	0.63 mi	32, Buxton Close, London, Greater London N9 0XL	-	-	2	Flat
£240K	10/23	0.68 mi	96, Hudson Way, Edmonton, London, Greater London N9 0XG	£4,444	54	2	Flat
£248K	05/21	0.68 mi	114, Hudson Way, London, Greater London N9 0XG	£4,206	59	2	Flat
£248K	06/21	0.71 mi	201, St Marys Road, Edmonton, London, Greater London N9 8NR	£3,992	62	2	Flat
£245K	02/22	0.73 mi	6, Inverness Road, London, Greater London N18 2EE	£5,000	49	2	Flat
£253K	05/21	0.75 mi	35, Martin Close, London, Greater London N9 8UE	£3,953	64	2	Flat
£250K	01/22	0.76 mi	56, Leopold Road, London, Greater London N18 2HX	£4,237	59	2	Flat
£270K	11/21	0.76 mi	50, Leopold Road, London, Greater London N18 2HX	-	-	2	Flat
£225K	09/22	0.8 mi	185b, Church Street, Edmonton, London, Greater London N9 9HL	-	-	2	Flat
£275K	04/23	0.88 mi	26, Culpepper Close, London, Greater London N18 2DZ	£4,661	59	2	Flat
£270K	03/23	0.88 mi	12, Culpepper Close, London, Greater London N18 2DZ	£4,091	66	2	Flat
£233K	02/22	0.89 mi	Flat 7, Bridport House, Colyton Way, London, Greater London N18 2XJ	-	-	2	Flat
£270K	11/21	0.92 mi	50, Leopold Road, London, Greater London N18 2HX	-	-	2	Flat
£260K	04/21	0.93 mi	46, Leopold Road, London, Greater London N18 2EW	£4,409	59	2	Flat
£266K	12/21	0.93 mi	70, Leopold Road, London, Greater London N18 2HX	£5,216	51	2	Flat
£251K	10/21	0.94 mi	14, Dickens Lane, London, Greater London N18 1PH	-	-	2	Flat
£230K	06/22	0.95 mi	23, Dickens Lane, London, Greater London N18 1PH	£5,610	41	2	Flat
£255K	06/22	0.98 mi	49, Tanners End Lane, London, Greater London N18 1PQ	£5,835	44	2	Flat
£243K	02/23	0.98 mi	38, Tanners End Lane, London, Greater London N18 1PG	£3,197	76	2	Flat
£250K	08/22	1 mi	55, Tanners End Lane, London, Greater London N18 1PQ	£3,571	70	2	Flat

Local Rents

50 rents from £1.3K/mo to £4K/mo, average is £1.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,800	12/24	0.15 mi	-	2	Terraced House
£1,900	01/25	0.16 mi	-	2	Flat
£1,900	02/25	0.16 mi	-	2	Flat
£2,000	05/24	0.18 mi	-	2	Flat
£1,550	06/24	0.21 mi	Washbourne Court, Acton Close, Edmonton, N9	2	Flat
£1,650	12/24	0.22 mi	-	2	Flat
£1,650	02/25	0.22 mi	-	2	Flat
£1,750	01/25	0.22 mi	-	2	Flat
£1,800	03/25	0.23 mi	-	2	Flat
£1,600	07/24	0.23 mi	Flexistowe Road, London, N9	2	Flat
£1,600	07/24	0.23 mi	-	2	Flat
£1,800	03/25	0.25 mi	-	2	Flat
£1,650	01/25	0.25 mi	-	2	Flat
£1,850	01/25	0.26 mi	-	2	Terraced House
£1,950	07/24	0.3 mi	Town Road London N9	2	Terraced House
£1,850	03/25	0.33 mi	-	2	Flat
£1,800	07/24	0.34 mi	-	2	Flat
£1,900	06/24	0.35 mi	-	2	Flat
£1,690	01/25	0.37 mi	-	2	Flat
£1,850	05/24	0.37 mi	-	2	Flat
£1,850	06/24	0.37 mi	-	2	Flat
£1,800	05/24	0.39 mi	Felixstowe Road, Edmonton	2	Terraced House
£2,200	02/25	0.43 mi	-	2	Flat
£1,800	03/25	0.43 mi	-	2	Terraced House
£1,900	06/24	0.44 mi	South Road, London, N9	2	Semi-Detached House
£1,900	07/24	0.44 mi	South Road, London, N9	2	Semi-Detached House
£1,900	07/24	0.44 mi	South Road, London, N9	2	Semi-Detached House
£1,900	07/24	0.44 mi	-	2	Semi-Detached House
£1,900	07/24	0.44 mi	Marlborough Road, Edmonton, N9	2	Terraced House
£1,850	02/24	0.44 mi	Marlborough Road, Edmonton, N9	2	Terraced House
£1,850	02/25	0.45 mi	-	2	Terraced House
£1,900	07/24	0.45 mi	-	2	Flat
£1,600	02/24	0.45 mi	-	2	Flat
£1,600	02/24	0.45 mi	-	2	Flat
£1,850	12/24	0.46 mi	-	2	Flat
£1,850	12/24	0.46 mi	-	2	Flat
£1,550	06/24	0.48 mi	Pycroft Way, London, N9	2	Flat
£1,300	07/24	0.48 mi	Pycroft Way, London, N9	2	Flat
£1,500	01/25	0.48 mi	-	2	Flat
£4,000	05/24	0.48 mi	-	2	Flat
£1,750	05/24	0.53 mi	Jeremys Green, Edmonton, N18	2	Flat
£1,700	05/24	0.53 mi	-	2	Flat
£1,795	03/25	0.53 mi	-	2	Flat
£1,795	05/24	0.53 mi	-	2	Flat
£1,795	05/24	0.53 mi	-	2	Flat
£1,700	06/24	0.54 mi	Swaythling Close, London	2	Flat
£1,695	05/24	0.55 mi	-	2	Flat
£1,650	06/24	0.55 mi	-	2	Flat
£1,700	03/25	0.55 mi	-	2	Flat
£1,700	06/24	0.56 mi	Arthur Road, Edmonton, N9	2	Flat

Local Area Statistics

Population in N9	51,42251,422
Population in London	4,771,9214,771,921
Town centre distance	6.99 miles away6.99 miles away
Nearest train station	0.13 miles away0.13 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+26%+26%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+12%+12%

Property History

Listed for £290,000

March 3, 2025

Floor Plans

Description

Leasehold +
No Onward Chain +
Two Double Bedrooms +
Modern Development +
Ideal For First Time Buyers +
Superb Location +

This modern two-bedroom flat is available chain-free, ideally located just a short walk from Edmonton Green Overground Train Station and the Edmonton Green Shopping Centre.

This flat offers the perfect blend of convenience and comfort; Accessed via a lift, the flat is in excellent condition and boasts two spacious double bedrooms, a generously sized bathroom, and a bright and airy lounge/diner with a separate fitted kitchen. Additional features include double glazing throughout and economy electric heating.

The area of Lower Edmonton, often referred to as `The Green`, has seen significant regeneration, with improvements to public spaces, enhanced transport links including nearby bus services and Edmonton Green Overground Station and expanded shopping options, all while preserving its historic indoor market. This is an ideal property for anyone seeking modern living with excellent transport and shopping facilities right on their doorstep.

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Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

Cul-de-Sac Residential, London

020 3912 8037

Next Steps?

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