2 Bed Flat, Single Let, London, N9 0TP, £275,000

Methven Court, The Broadway, London, N9 0TP - a month ago

Leasehold

BTL

ROI: 5%

~66 m²

+3 photos

ValuationUndervalued

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

Square Metres	~65.70 m²
Price/m²	£4.2K/m²
Value Estimate	£302,486£302,486
BMV	10%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£68,750£68,750
Stamp Duty & Legal Fees	£18,700£18,700
Total Cash In	£87,450£87,450

Cash Out
Rent Range	£1,300 - £4,000£1,300 - £4,000
Rent Estimate	£1,550
Running Costs/mo	£1,189£1,189
Cashflow/mo	£361£361
Cashflow/yr	£4,328£4,328
ROI	5%5%
Gross Yield	7%7%

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	0.14 mi	13, Sawyer Close, London, Greater London N9 9XP	£6,043	46	2	Flat
£270K	12/22	0.22 mi	27, Beechwood Mews, London, Greater London N9 9XH	£4,762	57	2	Flat
£250K	09/23	0.22 mi	31, Beechwood Mews, London, Greater London N9 9XH	£4,545	55	2	Flat
£250K	01/21	0.22 mi	15, Beechwood Mews, London, Greater London N9 9XH	£4,604	54	2	Flat
£290K	03/23	0.22 mi	29, Beechwood Mews, London, Greater London N9 9XH	£5,257	55	2	Flat
£273.5K	07/21	0.25 mi	17, Ruskin Walk, London, Greater London N9 9DT	£3,907	70	2	Flat
£258K	12/20	0.25 mi	21, All Saints Close, London, Greater London N9 9AT	£4,868	53	2	Flat
£315K	10/23	0.25 mi	16a, Sunnyside Road North, London, Greater London N9 9SW	-	-	2	Flat
£303K	09/22	0.26 mi	17, Lichfield Road, London, Greater London N9 9HD	£5,203	58	2	Flat
£262.5K	04/21	0.27 mi	62, Milestone Close, London, Greater London N9 9GA	£4,953	53	2	Flat
£262K	05/21	0.29 mi	Flat 4, Romany House, Beaconsfield Road, London, Greater London N9 0PY	-	-	2	Flat
£270K	09/22	0.37 mi	49, Pycroft Way, London, Greater London N9 9XU	£5,348	50	2	Flat
£260K	03/21	0.38 mi	53, Pycroft Way, London, Greater London N9 9XU	£4,906	53	2	Flat
£280K	02/23	0.39 mi	89, Church Lane, London, Greater London N9 9QA	£4,000	70	2	Flat
£226K	01/21	0.39 mi	124, Croyland Road, London, Greater London N9 7BD	£3,965	57	2	Flat
£260K	12/22	0.4 mi	52, Pycroft Way, London, Greater London N9 9XY	£4,407	59	2	Flat
£257.5K	09/21	0.45 mi	42, Grilse Close, London, Greater London N9 0UU	£4,952	52	2	Flat
£265K	07/22	0.49 mi	28, Herne Mews, London, Greater London N18 2QZ	-	-	2	Flat
£275K	03/22	0.53 mi	41, Jeremys Green, London, Greater London N18 2NB	£4,260	65	2	Flat
£222.5K	10/20	0.53 mi	119, Croyland Road, London, Greater London N9 7BH	-	-	2	Flat
£280K	06/23	0.54 mi	Ground Floor Flat, 23, Arthur Road, London, Greater London N9 9AF	£3,636	77	2	Flat
£247.5K	06/21	0.62 mi	21, Hennessy Road, London, Greater London N9 0XA	-	-	2	Flat
£240K	10/22	0.64 mi	6, Hennessy Road, London, Greater London N9 0XQ	-	-	2	Flat
£257K	10/22	0.65 mi	14, Hennessy Road, London, Greater London N9 0XQ	-	-	2	Flat
£240K	04/21	0.68 mi	30, Pentland Close, London, Greater London N9 0XN	£4,898	49	2	Flat
£240K	04/21	0.68 mi	30, Pentland Close, London, Greater London N9 0XN	£4,898	49	2	Flat
£245K	02/22	0.68 mi	6, Inverness Road, London, Greater London N18 2EE	£5,000	49	2	Flat
£225K	04/21	0.72 mi	32, Buxton Close, London, Greater London N9 0XL	-	-	2	Flat
£250K	01/22	0.72 mi	56, Leopold Road, London, Greater London N18 2HX	£4,237	59	2	Flat
£270K	11/21	0.72 mi	50, Leopold Road, London, Greater London N18 2HX	-	-	2	Flat
£240K	10/23	0.76 mi	96, Hudson Way, Edmonton, London, Greater London N9 0XG	£4,444	54	2	Flat
£248K	05/21	0.76 mi	114, Hudson Way, London, Greater London N9 0XG	£4,206	59	2	Flat
£225K	09/22	0.76 mi	185b, Church Street, Edmonton, London, Greater London N9 9HL	-	-	2	Flat
£248K	06/21	0.81 mi	201, St Marys Road, Edmonton, London, Greater London N9 8NR	£3,992	62	2	Flat
£233K	02/22	0.81 mi	Flat 7, Bridport House, Colyton Way, London, Greater London N18 2XJ	-	-	2	Flat
£275K	04/23	0.84 mi	26, Culpepper Close, London, Greater London N18 2DZ	£4,661	59	2	Flat
£270K	03/23	0.84 mi	12, Culpepper Close, London, Greater London N18 2DZ	£4,091	66	2	Flat
£253K	05/21	0.85 mi	35, Martin Close, London, Greater London N9 8UE	£3,953	64	2	Flat
£251K	10/21	0.85 mi	14, Dickens Lane, London, Greater London N18 1PH	-	-	2	Flat
£230K	06/22	0.85 mi	23, Dickens Lane, London, Greater London N18 1PH	£5,610	41	2	Flat
£270K	11/21	0.88 mi	50, Leopold Road, London, Greater London N18 2HX	-	-	2	Flat
£255K	06/22	0.89 mi	49, Tanners End Lane, London, Greater London N18 1PQ	£5,835	44	2	Flat
£243K	02/23	0.89 mi	38, Tanners End Lane, London, Greater London N18 1PG	£3,197	76	2	Flat
£260K	04/21	0.9 mi	46, Leopold Road, London, Greater London N18 2EW	£4,409	59	2	Flat
£266K	12/21	0.9 mi	70, Leopold Road, London, Greater London N18 2HX	£5,216	51	2	Flat
£250K	08/22	0.9 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
£1,600	07/24	0.16 mi	Flexistowe Road, London, N9	2	Flat
£1,600	07/24	0.16 mi	-	2	Flat
£1,800	03/25	0.17 mi	-	2	Flat
£2,000	05/24	0.17 mi	-	2	Flat
£1,750	01/25	0.19 mi	-	2	Flat
£1,900	01/25	0.22 mi	-	2	Flat
£1,900	02/25	0.22 mi	-	2	Flat
£1,800	12/24	0.23 mi	-	2	Terraced House
£1,550	06/24	0.25 mi	Washbourne Court, Acton Close, Edmonton, N9	2	Flat
£1,800	07/24	0.25 mi	-	2	Flat
£1,900	06/24	0.25 mi	-	2	Flat
£1,650	12/24	0.25 mi	-	2	Flat
£1,650	02/25	0.25 mi	-	2	Flat
£1,850	03/25	0.26 mi	-	2	Flat
£1,800	03/25	0.32 mi	-	2	Flat
£1,850	01/25	0.32 mi	-	2	Terraced House
£1,800	05/24	0.33 mi	Felixstowe Road, Edmonton	2	Terraced House
£1,650	01/25	0.34 mi	-	2	Flat
£2,200	02/25	0.35 mi	-	2	Flat
£1,900	07/24	0.36 mi	-	2	Flat
£1,950	07/24	0.37 mi	Town Road London N9	2	Terraced House
£1,550	06/24	0.38 mi	Pycroft Way, London, N9	2	Flat
£1,300	07/24	0.38 mi	Pycroft Way, London, N9	2	Flat
£1,600	02/24	0.44 mi	-	2	Flat
£1,600	02/24	0.44 mi	-	2	Flat
£1,690	01/25	0.45 mi	-	2	Flat
£1,850	05/24	0.45 mi	-	2	Flat
£1,850	06/24	0.45 mi	-	2	Flat
£1,900	07/24	0.45 mi	Marlborough Road, Edmonton, N9	2	Terraced House
£1,850	02/24	0.45 mi	Marlborough Road, Edmonton, N9	2	Terraced House
£4,000	05/24	0.49 mi	-	2	Flat
£1,650	03/25	0.49 mi	-	2	Flat
£1,700	05/24	0.5 mi	-	2	Flat
£1,825	12/24	0.51 mi	-	2	Flat
£1,850	02/25	0.51 mi	-	2	Terraced House
£1,700	03/25	0.51 mi	-	2	Flat
£1,900	06/24	0.51 mi	South Road, London, N9	2	Semi-Detached House
£1,900	07/24	0.51 mi	South Road, London, N9	2	Semi-Detached House
£1,900	07/24	0.51 mi	South Road, London, N9	2	Semi-Detached House
£1,900	07/24	0.51 mi	-	2	Semi-Detached House
£1,800	03/25	0.52 mi	-	2	Terraced House
£1,750	05/24	0.52 mi	Jeremys Green, Edmonton, N18	2	Flat
£1,700	06/24	0.52 mi	Arthur Road, Edmonton, N9	2	Flat
£1,700	06/24	0.53 mi	Swaythling Close, London	2	Flat
£1,650	06/24	0.53 mi	-	2	Flat
£1,850	12/24	0.53 mi	-	2	Flat
£1,850	12/24	0.53 mi	-	2	Flat
£1,500	01/25	0.56 mi	-	2	Flat
£1,695	05/24	0.57 mi	-	2	Flat
£1,795	05/24	0.58 mi	-	2	Flat

Local Area Statistics

Population in N9	51,42251,422
Population in London	4,771,9214,771,921
Town centre distance	6.91 miles away6.91 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.04 miles away0.04 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 £275,000

March 5, 2025

Floor Plans

Description

TWO DOUBLE BEDROOMS +
SPACIOUS LOUNGE-DINER +
OPEN PLAN KITCHEN +
BALCONY +
LIFT-OPERATED DEVELOPMENT +
WALKING DISTANCE TO EDMONTON GREEN SHOPPING CENTRE +
OPPOSITE EDMONTON GREEN TRAIN STATION +
WITHIN CLOSE PROXIMITY OF MULTIPLE SCHOOLS +
LONG LEASE +
DUAL ASPECT +

LONG LEASE! Knights are proud to offer this spacious two bedroom flat, situated within a lift-operated development in the heart of Edmonton. This property offers a wealth of features to include: two double bedrooms, spacious lounge-diner, open plan kitchen, balcony, dual lift services, double glazed windows, and electric heating. The property is conveniently located opposite Edmonton Green Station and within walking distance of Edmonton Green Shopping Centre, making it an ideal investment or residential purchase for any incoming buyer. MUST BE SEEN!

Council Tax: Band C
EPC - B

Agent Details

Knights Residential, Edmonton

020 3840 3527

Next Steps?

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

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2 Bed Flat, Single Let, London, N9 0TP, £275,000

ValuationUndervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

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Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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