2 Bed Flat, Single Let, London, N22 8PX, £315,000

Mohr Court, London, N22 8PX - 2 views - a month ago

Leasehold
BTL
ROI: 4%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£220K - £795K
Sold Prices/m²£4.7K/m² - £9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.6K/m²

Value Estimate

£378,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£78,750

Stamp Duty & Legal Fees

£20,200

Total Cash In

£98,950

 

 

Cash Out

 

Rent Range

£1,650 - £2,600

Rent Estimate

£1,650

Running Costs/mo

£1,334

Cashflow/mo

£316

Cashflow/yr

£3,788

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £220K to £795K, average is £421.8K. £4.7K/m² to £9K/m², average is £6.9K/m².

PriceDateDistanceAddressBeds 
£346K11/220.01 miFlat 17, Mohr Court, Nightingale Road, London, Greater London N22 8PX2
£495K11/200.11 mi80a, Finsbury Road, London, Greater London N22 8PF2
£335K06/230.11 mi80b, Finsbury Road, London, Greater London N22 8PF2
£417K02/230.12 mi7a, Sidney Road, London, Greater London N22 8LT2
£432.5K02/230.16 mi27, Palmerston Road, London, Greater London N22 8QH2
£422K03/240.16 mi5a, Palmerston Road, London, Greater London N22 8QH2
£450K11/200.16 mi41a, Palmerston Road, London, Greater London N22 8QH2
£515K10/230.16 mi21a, Palmerston Road, London, Greater London N22 8QH2
£438.8K10/210.16 miFirst Floor Flat, 2, Hampshire Road, London, Greater London N22 8LR2
£480K10/230.19 mi4a, Woodside Road, London, Greater London N22 5HU2
£495K02/210.2 mi24a, Woodside Road, London, Greater London N22 5HU2
£525K02/230.21 mi95a, Truro Road, Wood Green, London, Greater London N22 8DH2
£395K12/230.22 miFlat 2, Tudor Court, Clarence Road, Wood Green, London, Greater London N22 8QD2
£320K12/220.23 miFlat 4, Fernwood, Clarence Road, Wood Green, London, Greater London N22 8QE2
£442K08/230.24 miFlat 2, Arnold Court, Truro Road, Wood Green, London, Greater London N22 8DJ2
£452K11/210.24 mi51, Bounds Green Road, London, Greater London N22 8HB2
£388K11/200.25 mi11b, Stuart Crescent, London, Greater London N22 5NJ2
£371.8K12/200.25 miFirst Floor Flat B, 11, Arcadian Gardens, London, Greater London N22 5AA2
£375K06/210.26 mi13a, Cheshire Road, London, Greater London N22 8JJ2
£370K06/210.27 mi2a, Parkhurst Road, London, Greater London N22 8JQ2
£415K02/210.27 miGarden Floor Flat, 28, Parkhurst Road, London, Greater London N22 8JQ2
£410K11/200.3 mi88, Woodside Road, London, Greater London N22 5HT2
£220K04/240.3 mi32c, Woodside Road, London, Greater London N22 5HT2
£443K06/230.3 mi67, Marlborough Road, London, Greater London N22 8NJ2
£443K08/210.32 mi67, Sylvan Avenue, London, Greater London N22 5JA2
£380K08/230.32 mi26, Leverton Close, London, Greater London N22 7BT2
£535K12/200.33 mi30b, Park Avenue, London, Greater London N22 7EX2
£550K06/210.33 mi26, Whittington Road, London, Greater London N22 8YD2
£230K09/230.34 mi28c, Lascotts Road, London, Greater London N22 8JN2
£403K06/210.34 miFlat A, 12, Lascotts Road, London, Greater London N22 8JN2
£450K09/230.34 mi6, Pellatt Grove, London, Greater London N22 5PL2
£480K06/210.35 mi116d, Marlborough Road, London, Greater London N22 8NN2
£360K06/210.35 miFlat 2, Greenwood House, Pellatt Grove, London, Greater London N22 5PJ2
£360K03/230.35 miFlat 3, Greenwood House, Pellatt Grove, London, Greater London N22 5PJ2
£315K04/210.36 mi71, Eastern Road, London, Greater London N22 7AS2
£265K02/230.36 mi49, Eastern Road, London, Greater London N22 7AS2
£340K12/230.36 mi53, Eastern Road, London, Greater London N22 7AS2
£600K12/230.37 mi19, Dorset Road, Wood Green, London, Greater London N22 7SL2
£470K01/230.37 mi120, Lyndhurst Road, London, Greater London N22 5AT2
£795K06/210.38 mi4, Wolseley Road, Wood Green, London, Greater London N22 7TW2
£520K12/220.39 mi112d, Marlborough Road, London, Greater London N22 8NN2
£440K11/220.39 mi20, Cranbrook Park, London, Greater London N22 5NA2
£350K12/200.4 mi7, Lyndhurst Road, London, Greater London N22 5AX2
£435K07/230.4 mi99, Lyndhurst Road, London, Greater London N22 5AX2
£385K04/230.43 mi141a, Whittington Road, London, Greater London N22 8YP2
£618K09/230.44 mi34, Barratt Avenue, London, Greater London N22 7EZ2
£421.5K07/230.45 mi13b, Queens Road, London, Greater London N11 2QJ2
£345K06/210.45 mi231a, Whittington Road, London, Greater London N22 8YW2
£418K06/210.46 mi222, Lyndhurst Road, London, Greater London N22 5AU2
£450K01/230.46 mi174, Lyndhurst Road, London, Greater London N22 5AU2

Local Rents

50 rents from £1.6K/mo to £2.6K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£2,20003/250 mi-2
£1,80006/240.04 miTruro Road, Bounds Green, London2
£1,87512/240.06 mi-2
£1,75006/240.1 miFinsbury Road, Wood Green, N222
£1,87507/240.11 miFinsbury Road, Wood Green, London, N222
£1,89001/250.13 mi-2
£1,80007/240.15 mi-2
£1,65005/240.16 mi-2
£1,67002/250.16 mi-2
£1,65004/250.16 mi-2
£1,65004/250.16 mi-2
£1,65005/240.16 miNewnham Road, London, N222
£1,95007/240.16 mi-2
£1,80012/240.17 mi-2
£1,80003/250.17 mi-2
£1,87506/240.17 mi-2
£1,79504/250.19 mi-2
£1,90007/240.19 miFinsbury Road, Bowes Park, London, N222
£1,75002/250.2 mi-2
£1,80004/250.2 mi-2
£1,70005/240.21 miNightingale Road, Bounds Green, London, N222
£1,85004/250.21 mi-2
£1,85007/240.24 miParkhurst Road, N22 8JQ2
£1,74602/250.25 miHigh Road, Bounds Green, N222
£1,90007/240.25 mi-2
£2,50001/250.26 mi-2
£1,75007/240.26 miPalmerston Road, Wood Green2
£2,10005/240.27 miRichard Court, London, N222
£2,10005/240.27 mi-2
£1,99502/250.27 mi-2
£2,20005/240.27 miPark Avenue, London2
£1,70007/240.27 miMalbury Court, Clarence Road, London, N222
£1,70012/240.27 mi-2
£2,35005/240.28 mi-2
£2,29005/240.28 mi-2
£2,60012/240.29 mi-2
£1,99012/240.3 mi-2
£1,99012/240.3 mi-2
£2,00004/250.3 mi-2
£1,85005/240.3 miClarence Road, London, N222
£1,82507/240.3 mi-2
£1,65007/240.3 miEwart Grove,Wood Green N222
£1,65005/240.3 mi-2
£1,65012/240.3 mi-2
£1,90005/240.3 miWoodside Road, London N222
£2,60005/240.31 miPark Avenue London N222
£2,20005/240.31 miPark Avenue, Alexandra Palace , London2
£1,85005/240.31 miWilliams Grove, Wood Green, London, N222
£1,75005/240.32 mi-2
£1,75005/240.32 miWood Green, London, N222

Local Area Statistics

Population in N22

42,996

Population in London

4,771,921

Town centre distance

5.22 miles away

Nearest school

0.10 miles away

Nearest train station

0.44 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Balanced market

Capital growth (5yrs)

+9%

Property History

Listed for £315,000

March 11, 2025

Floor Plans

Description

  • Two bedroom apartment +
  • Ground floor +
  • Long lease of 182 years +
  • Fully refurbished +
  • Offered chain free +
  • 0.5m to Wood Green Tube Station +

IN BRIEF

Look no further if you want a hassle-free property ready to move into with no maintenance worries. This two-bedroom purpose built apartment on the ground floor of a modern, well-maintained block in Wood Green is in excellent condition and has all new fixtures, fittings and décor.

PROPERTY DESCRIPTION

Mohr Court comprises two attractive brick mid-rise blocks set back from the road behind communal lawns that form part of the well-kept communal grounds. Flat 2 is on the ground floor of the westerly block, accessed via a communal ground floor entrance hall at the rear of the building.

The apartment front door opens into a hallway with a built-in storage cupboard. The property has lots of storage throughout, including two more built-in cupboards in a second, smaller hallway.

Directly opposite the entrance is the main living space. This is an open plan living room with a kitchen at one end and space for a dining zone and lounge area. The kitchen is fitted with Shaker-style pale grey wall and floor cabinets with integrated appliances, and has a lovely pale blue, large format metro-tiled splashback. A wide south-facing window provides plenty of natural daylight, and the room has an airy feel, with a second door that leads to a small rear hall, the main bedroom and the bathroom.

The main bedroom also has a south-facing window and has extensive storage space in a wall of wardrobes with a central mirrored section. The bathroom opposite is mainly tiled with stylish marbled white/subtle grey tiles, and is fitted with a bath with a shower and glass screen, and contemporary washbasin and WC consoles that provide countertop and storage space. An obscured glass window provides natural light and ventilation. The second bedroom, located off the entrance hall, is a single with a north-facing window.

The apartment has all white walls and ceilings with some complementary subtle grey fittings, wood doors and wood laminate flooring. This simple, fresh style emphasis the sense of space and light.

The property is double glazed, has gas central heating, and comes with a 182-year lease, ground rent of £250 p.a. and a current service charge of £1,000 p.a. The property is offered chain free.

LOCAL LIFE

The town centre amenities of Wood Green, including a large shopping mall and tube station, are just a ten minute walk, five minute drive, or four minute cycle from the property.

It’s half a mile to the Piccadilly Line tube station at Wood Green, and Alexandra Palace train station on the Great northern Line (with direct trains to Highbury & Islington, Moorgate, and King’s Cross) is just 0.6 miles away.

There are lots of great green spaces nearby, ranging from small, local parks with play areas such as Finsbury Gardens and Woodside Gardens, to the dramatic, landscaped 196-acre Alexandra Park.

Leasehold Information

Number of years remaining on the lease: 182 years

Current ground rent and any review period:
- £250 per year
Current service charge and any review period:
- £1,000 per year
Council tax band: B

Agent Details

Thomas James, Powered by Keller Williams, Covering North London

020 8226 0068

Next Steps?

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