2 Bed Flat, Single Let, London, NW4 1DH, £349,950

66 Finchley Lane, Hendon, London, NW4, NW4 1DH - 2 months ago

Leasehold
BTL
ROI: 2%
65 m²
+2 photos

ValuationUndervalued

Sold Prices£225K - £1.3M
Sold Prices/m²£3.4K/m² - £9.2K/m²

 

 

Square Metres

65 m²
Price/m²£5.4K/m²

Value Estimate

£386,321
BMV10%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,488

Stamp Duty & Legal Fees

£23,695

Total Cash In

£111,183

 

 

Cash Out

 

Rent Range

£1,550 - £3,300

Rent Estimate

£1,600

Running Costs/mo

£1,434

Cashflow/mo

£166

Cashflow/yr

£1,997

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £225K to £1.3M, average is £401.3K. £3.4K/m² to £9.2K/m², average is £6K/m².

PriceDateDistanceAddressBeds 
£315K05/210.16 mi11a, Albert Road, London, Greater London NW4 2SH2
£500K06/210.18 mi7, Boyne Avenue, London, Greater London NW4 2JL2
£420K12/230.2 miBurnham Court, Flat 3, Brent Street, London, Greater London NW4 2RE2
£310K01/210.22 miFlat 12, Sentinel House, Sentinel Square, London, Greater London NW4 2EN2
£470K02/210.23 miFlat 19, Edinburgh House, Tenterden Grove, London, Greater London NW4 1TL2
£390K03/210.25 miFlat 4, Thurlby Croft, Mulberry Close, London, Greater London NW4 1QP2
£407.5K02/210.26 miFlat 3, Pembroke Hall, Mulberry Close, London, Greater London NW4 1QW2
£924K12/200.27 mi65, Green Lane, London, Greater London NW4 2AG2
£225K09/230.3 miFlat 88, Upper Fosters, New Brent Street, London, Greater London NW4 2DN2
£290K05/210.3 miFlat 1, Westchester Court, Westchester Drive, London, Greater London NW4 1RB2
£370K11/200.3 miFlat 4, Westchester Court, Westchester Drive, London, Greater London NW4 1RB2
£402.5K03/230.3 miFlat 21, Westchester Court, Westchester Drive, London, Greater London NW4 1RB2
£325K12/200.3 miFlat 21, Golderton, Prince Of Wales Close, London, Greater London NW4 4QZ2
£340K04/230.33 miFlat 22, Golderton, Prince Of Wales Close, London, Greater London NW4 4QZ2
£507.5K11/230.35 miFlat 24, The Brookdales, Bridge Lane, London, Greater London NW11 9JU2
£561.5K02/210.35 miFlat 34, The Brookdales, Bridge Lane, London, Greater London NW11 9JU2
£260K12/230.38 mi15, St Peters Court, London, Greater London NW4 2HG2
£905K07/230.4 miFlat 13, Ambassador Court, Century Close, London, Greater London NW4 2EE2
£900K07/230.4 miFlat 27, Ambassador Court, Century Close, London, Greater London NW4 2EE2
£455K02/210.42 mi69, Sunny Gardens Road, London, Greater London NW4 1SJ2
£500K06/210.42 miFlat 4, Brentwood Lodge, Holmdale Gardens, London, Greater London NW4 2LY2
£320K12/200.43 miFlat 9, Claydon House, Holders Hill Road, London, Greater London NW4 1LS2
£390K01/210.43 miFlat 32, Claydon House, Holders Hill Road, London, Greater London NW4 1LS2
£345K10/230.43 miFlat 26, Claydon House, Holders Hill Road, London, Greater London NW4 1LS2
£375K03/210.43 miFlat 33, Claydon House, Holders Hill Road, London, Greater London NW4 1LS2
£225K11/200.45 miFlat 4, Hendon House, Brent Street, London, Greater London NW4 2NR2
£435K03/210.45 miFlat 2, Hendon House, Brent Street, London, Greater London NW4 2NR2
£400K01/230.49 miFlat 37, Danescroft, Brent Street, London, Greater London NW4 2QH2
£375K06/230.5 miFlat 39, Danescroft, Brent Street, London, Greater London NW4 2QH2
£430K03/230.51 mi52a, Sunny Gardens Road, London, Greater London NW4 1RY2
£372.5K12/230.56 mi25, Woodburn Close, London, Greater London NW4 2NF2
£360K06/210.59 miFlat 12, Fernside Court, Holders Hill Road, London, Greater London NW4 1JT2
£350K02/210.61 mi4c, Sunningfields Crescent, London, Greater London NW4 4RD2
£1.3M03/210.63 mi92, Bridge Lane, London, Greater London NW11 0EL2
£340K12/220.64 miFlat 54, Parade Mansions, Watford Way, London, Greater London NW4 3JJ2
£600K04/210.65 miFlat 18, Dolphin Court, Woodlands, London, Greater London NW11 9QY2
£615K04/240.66 miDolphin Court, Flat 26, Woodlands, London, Greater London NW11 9QY2
£575K01/210.66 miFlat 28, Dolphin Court, Woodlands, London, Greater London NW11 9QY2
£330K12/220.67 miFlat 30, Park Mansions, Vivian Avenue, London, Greater London NW4 3UU2
£307K11/200.67 miFlat 59, Greenacres, Hendon Lane, London, Greater London N3 3SF2
£410K06/210.67 miFlat 7, Paul Court, Windsor Road, London, Greater London N3 3SP2
£390K05/230.68 miFlat 4, Timberdene, Holders Hill Road, London, Greater London NW4 1LA2
£415K12/200.68 miFlat 19, Timberdene, Holders Hill Road, London, Greater London NW4 1LA2
£490K11/210.69 miFlat 6, Greenacres, Hendon Lane, London, Greater London N3 3SF2
£470K06/210.69 miFlat 70, Greenacres, Hendon Lane, London, Greater London N3 3SF2
£260K09/230.72 miFlat 11, Kennyland Court, Hendon Way, London, Greater London NW4 3LU2
£432K03/230.72 mi3a - 3b, Ashbourne Avenue, London, Greater London NW11 0DP2
£345K08/230.72 mi224a, Hendon Way, London, Greater London NW4 3NE2
£492.5K09/220.73 miGround Floor Flat, 12, Hallswelle Road, London, Greater London NW11 0DJ2
£567.5K11/220.73 miFlat 26, Chessington Lodge, Regents Park Road, London, Greater London N3 3AA2

Local Rents

50 rents from £1.6K/mo to £3.3K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,95002/250.02 mi-2
£1,85006/240.02 miCeladon Court, London NW42
£2,25006/240.02 miCeladon Court, London NW42
£2,50008/240.02 mi-2
£1,65006/240.03 mi-2
£1,55002/240.03 mi-2
£1,89804/250.03 mi-2
£1,55004/250.03 mi-2
£1,97506/240.04 mi-2
£2,25008/240.04 mi-2
£2,10002/250.06 mi-2
£1,95002/250.06 mi-2
£1,95003/250.08 mi-2
£3,30006/240.08 miTenterden Grove, Hendon, NW42
£1,65004/250.09 mi-2
£2,00010/240.09 mi-2
£1,79502/240.1 mi-2
£1,90008/240.1 mi-2
£1,90006/240.1 miFinchley Lane, London, NW42
£1,90008/240.1 miFinchley Lane, London, NW42
£1,90008/240.1 mi-2
£2,25007/240.11 miBrightview Court, Finchley Lane, Hendon, NW42
£2,25007/240.11 miFinchley Lane, Hendon, NW42
£2,25008/240.11 miBrightview Court, Finchley Lane, Hendon NW42
£1,95006/240.11 mi-2
£1,65007/240.11 miFinchley Lane, London, NW42
£1,65008/240.11 miFinchley Lane, London, NW42
£1,65008/240.11 mi-2
£1,65008/240.11 mi-2
£1,65008/240.11 mi-2
£1,65008/240.11 mi-2
£1,69503/250.11 mi-2
£1,87511/240.12 mi-2
£1,92504/250.12 mi-2
£2,50006/240.12 miFinchley Lane, Hendon, London2
£2,40008/240.12 miFinchley Lane, Hendon, London2
£2,30008/240.12 miFinchley Lane, Hendon, London2
£2,25008/240.12 miFirst Avenue, Hendon, London2
£2,25007/240.13 miFinchley Lane, Hendon, London2
£2,51306/240.14 mi-2
£1,70007/240.15 miBelle Vue Estate, Hendon, London, NW42
£1,70007/240.15 miBelle Vue Estate, Hendon, London, NW42
£1,99503/240.15 miAlexandra Road, London, NW42
£2,00006/240.17 miVictoria Road, Hendon, NW42
£2,00008/240.17 miCurve Court, Hendon2
£3,00006/240.18 miBrent Street, Hendon, NW42
£1,61706/240.18 mi-2
£1,60007/240.18 mi-2
£1,60006/240.19 miBurnham Court, Brent Street, Hendon, NW42
£2,49206/240.19 miBell Lane, Hendon, NW42

Local Area Statistics

Population in NW4

31,745

Population in London

4,771,921

Town centre distance

6.40 miles away

Nearest school

0.10 miles away

Nearest train station

0.61 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Buyer's market

Capital growth (5yrs)

+8%

Property History

Listed for £349,950

March 4, 2025

Floor Plans

Description

  • 2 BEDROOM FLAT +
  • TOP (2ND) FLOOR +
  • BRIGHT LARGE LOUNGE +
  • SPACIOUS FITTED KITCHEN +
  • TILED BATHROOM AND COMBINED WC +
  • GAS HEATING AND HOT WATER +
  • DOUBLE GLAZED +
  • SUPERB LOCATION +
  • LEASEHOLD WITH SHARE OF FREEHOLD +
  • 1 OFF STREET PARKING SPACE +

Two-Bedroom Second-Floor Conversion in Prime Location, offers an excellent opportunity for 1st time buyers and buy to let investors. The property features a bright living room, a separate fitted kitchen, one double bedroom, a single bedroom and a tiled bathroom. Situated on a popular road, just moments from the amenities of Brent Street, including restaurants, transport links, places of worship, and schools. Hendon Central Underground station (Zone 3, Northern Line) is only a 15-minute walk away, providing easy access to Central London. Offered with share of freehold and a off street parking space. Don't miss out—schedule a viewing today!

Additional Information: Lease 97 years remaining & share of Freehold; Council Tax Band: C (Barnet) - £1,727 per year;  EPC Rating: C; Service charge: £1,128 per year

Agent Details

Ashmore & Co, London

020 3907 2659

Next Steps?

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