2 Bed Flat, Single Let, London, N9 9HH, £289,999

Hydefield Court, London, N9 9HH - 3 views - a month ago

Leasehold

BTL

ROI: 3%

~68 m²

+9 photos

ValuationUndervalued

Sold Prices	£161.5K - £882.5K
Sold Prices/m²	£3.2K/m² - £8.1K/m²

Square Metres	~68.11 m²
Price/m²	£4.3K/m²
Value Estimate	£337,342£337,342
BMV	16%

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	£1,250 - £2,285£1,250 - £2,285
Rent Estimate	£1,425
Running Costs/mo	£1,211£1,211
Cashflow/mo	£214£214
Cashflow/yr	£2,565£2,565
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

45 sold prices from £161.5K to £882.5K, average is £280K. £3.2K/m² to £8.1K/m², average is £5.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£225K	09/22	0.08 mi	185b, Church Street, Edmonton, London, Greater London N9 9HL	-	-	2	Flat
£280K	06/23	0.21 mi	Ground Floor Flat, 23, Arthur Road, London, Greater London N9 9AF	£3,636	77	2	Flat
£161.5K	06/21	0.36 mi	Flat 29, Churchill Court, Ainsley Close, Edmonton, London, Greater London N9 9XJ	-	-	2	Flat
£258K	12/20	0.47 mi	21, All Saints Close, London, Greater London N9 9AT	£4,868	53	2	Flat
£303K	09/22	0.48 mi	17, Lichfield Road, London, Greater London N9 9HD	£5,203	58	2	Flat
£280K	02/23	0.48 mi	89, Church Lane, London, Greater London N9 9QA	£4,000	70	2	Flat
£250K	09/23	0.52 mi	31, Beechwood Mews, London, Greater London N9 9XH	£4,545	55	2	Flat
£250K	01/21	0.52 mi	15, Beechwood Mews, London, Greater London N9 9XH	£4,604	54	2	Flat
£290K	03/23	0.52 mi	29, Beechwood Mews, London, Greater London N9 9XH	£5,257	55	2	Flat
£270K	12/22	0.52 mi	27, Beechwood Mews, London, Greater London N9 9XH	£4,762	57	2	Flat
£273.5K	07/21	0.56 mi	17, Ruskin Walk, London, Greater London N9 9DT	£3,907	70	2	Flat
£262.5K	04/21	0.56 mi	62, Milestone Close, London, Greater London N9 9GA	£4,953	53	2	Flat
£226K	01/21	0.59 mi	124, Croyland Road, London, Greater London N9 7BD	£3,965	57	2	Flat
£222.5K	10/20	0.6 mi	119, Croyland Road, London, Greater London N9 7BH	-	-	2	Flat
£315K	10/23	0.63 mi	16a, Sunnyside Road North, London, Greater London N9 9SW	-	-	2	Flat
£278K	10/22	0.64 mi	13, Sawyer Close, London, Greater London N9 9XP	£6,043	46	2	Flat
£404K	11/22	0.67 mi	18, Beverley Close, London, Greater London N21 3JB	£6,733	60	2	Flat
£415K	08/21	0.67 mi	41, Beverley Close, London, Greater London N21 3JB	£7,545	55	2	Flat
£290K	08/21	0.68 mi	126, Village Road, Enfield, Greater London EN1 2EX	£4,603	63	2	Flat
£415K	11/22	0.69 mi	114a, Village Road, Enfield, Greater London EN1 2EX	£7,034	59	2	Flat
£260K	03/21	0.73 mi	53, Pycroft Way, London, Greater London N9 9XU	£4,906	53	2	Flat
£270K	09/22	0.73 mi	49, Pycroft Way, London, Greater London N9 9XU	£5,348	50	2	Flat
£260K	12/22	0.77 mi	52, Pycroft Way, London, Greater London N9 9XY	£4,407	59	2	Flat
£410K	01/21	0.77 mi	27, Firs Lane, London, Greater London N21 2HT	£7,885	52	2	Flat
£262K	05/21	0.84 mi	Flat 4, Romany House, Beaconsfield Road, London, Greater London N9 0PY	-	-	2	Flat
£243K	02/23	0.85 mi	38, Tanners End Lane, London, Greater London N18 1PG	£3,197	76	2	Flat
£255K	06/22	0.86 mi	49, Tanners End Lane, London, Greater London N18 1PQ	£5,835	44	2	Flat
£320K	11/22	0.86 mi	34a, Queens Avenue, London, Greater London N21 3JH	-	-	2	Flat
£250K	08/22	0.87 mi	55, Tanners End Lane, London, Greater London N18 1PQ	£3,571	70	2	Flat
£505K	02/21	0.87 mi	803, Green Lanes, London, Greater London N21 2SG	£6,012	84	2	Flat
£290K	11/21	0.9 mi	823, Green Lanes, London, Greater London N21 2RX	£4,722	61	2	Flat
£363K	10/20	0.9 mi	825, Green Lanes, London, Greater London N21 2RX	£6,600	55	2	Flat
£385K	11/20	0.9 mi	839, Green Lanes, London, Greater London N21 2RX	£6,525	59	2	Flat
£435K	01/23	0.9 mi	825, Green Lanes, London, Greater London N21 2RX	£7,909	55	2	Flat
£230K	06/22	0.91 mi	23, Dickens Lane, London, Greater London N18 1PH	£5,610	41	2	Flat
£251K	10/21	0.91 mi	14, Dickens Lane, London, Greater London N18 1PH	-	-	2	Flat
£260K	01/21	0.92 mi	885a, Green Lanes, London, Greater London N21 2QS	£4,483	58	2	Flat
£400K	09/21	0.92 mi	1, Village Park Close, Enfield, Greater London EN1 2SG	-	-	2	Flat
£415K	03/21	0.92 mi	12, Berry Close, London, Greater London N21 2RY	£6,014	69	2	Flat
£500K	03/21	0.94 mi	3, Sherbrook Gardens, London, Greater London N21 2NX	-	-	2	Flat
£293K	03/23	0.94 mi	10, Lingfield Close, Enfield, Greater London EN1 2JL	£5,327	55	2	Flat
£313K	03/21	0.94 mi	7, Lingfield Close, Enfield, Greater London EN1 2JL	£5,305	59	2	Flat
£535K	06/21	0.95 mi	38, Radcliffe Road, London, Greater London N21 2SE	£8,106	66	2	Flat
£882.5K	10/20	0.95 mi	16, Grange Park Avenue, Winchmore Hill, London, Greater London N21 2LJ	£4,694	188	2	Flat
£297.5K	02/21	0.99 mi	33, Winchester Close, Enfield, Greater London EN1 2ES	£4,020	74	2	Flat

Local Rents

23 rents from £1.3K/mo to £2.3K/mo, average is £1.7K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,250	01/25	0.18 mi	-	2	Detached House
£1,700	04/25	0.22 mi	-	2	Flat
£1,700	06/24	0.22 mi	Arthur Road, Edmonton, N9	2	Flat
£1,700	05/24	0.26 mi	-	2	Flat
£1,650	06/24	0.28 mi	-	2	Flat
£1,800	01/24	0.29 mi	-	2	Flat
£1,600	02/24	0.37 mi	-	2	Flat
£1,600	02/24	0.37 mi	-	2	Flat
£1,800	05/24	0.43 mi	Beckenham Gardens, London	2	Flat
£1,650	03/25	0.43 mi	-	2	Flat
£1,900	07/24	0.47 mi	Marlborough Road, Edmonton, N9	2	Terraced House
£1,850	02/24	0.47 mi	Marlborough Road, Edmonton, N9	2	Terraced House
£1,695	05/24	0.5 mi	-	2	Flat
£1,750	01/25	0.54 mi	-	2	Flat
£1,800	03/25	0.55 mi	-	2	Flat
£1,600	07/24	0.56 mi	-	2	Flat
£1,600	07/24	0.56 mi	Flexistowe Road, London, N9	2	Flat
£1,900	06/24	0.57 mi	-	2	Flat
£1,600	04/25	0.59 mi	-	2	Flat
£1,500	04/25	0.59 mi	-	2	Flat
£1,600	04/25	0.59 mi	-	2	Flat
£2,000	05/24	0.6 mi	-	2	Flat
£2,285	02/25	0.61 mi	-	2	Terraced House

Local Area Statistics

Population in N9	51,42251,422
Population in London	4,771,9214,771,921
Town centre distance	7.02 miles away7.02 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.68 miles away0.68 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 £289,999

March 8, 2025

Floor Plans

Description

TWO GOOD SIZE BEDROOMS +
18' LOUNGE +
GAS CENTRAL HEATING +
DOUBLE GLAZED +
PEACEFUL POSITION IN THE ROAD AND OVER LOOKING PLAYING FIELDS +
ENTRY PHONE +
LARGE BALCONY +
CHAIN FREE +

PRICE...£289,999...LEASEHOLD

COMMUNAL ENTRANCE: Via entry phone system, front door to:

HALLWAY: Fitted carpet, radiator, entry phone, range of built in storage cupboards, power points, telephone point.

SHOWER ROOM: Fitted shower, pedestal wash hand basin, full tiled.

SEPARATE W/C: Low level w/c

INNER HALLWAY: Storage cupboard and doors leading to:

KITCHEN: (12'2" x 10'0") Fitted units at base and eye levels, plumbed for automatic washing machine, sink and drainer unit with mixer tap, cooker point, 'combi' boiler, radiator, part tiled walls, double glazed window and door to the balcony.

LOUNGE: (17'9" x 11'10") Double glazed window to rear aspect overlooking the communal gardens and playing fields, door to the balcony, radiator, fitted carpet, gas fire, picture rail, coving to ceiling:

BEDROOM 1: (12'10" x 10'1") Double glazed window to front aspect, radiator, fitted carpet, fitted wardrobe.

BEDROOM 2: (11'10" x 10'1") Double glazed window to front aspect, radiator, fitted carpet.

EXTERIOR: Two large storage cupboards in communal hallway, communal gardens to the front and rear of the block.