2 Bed Flat, Single Let, London, N9 9XR, £275,000

Pycroft Way, London, N9 9XR - 21 days ago

Leasehold
BTL
ROI: 5%
~68 m²
+2 photos

ValuationUndervalued

Sold Prices£222.5K - £315K
Sold Prices/m²£3.2K/m² - £6.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4K/m²

Value Estimate

£322,645
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£16,200

Total Cash In

£84,950

 

 

Cash Out

 

Rent Range

£1,300 - £4,000

Rent Estimate

£1,555

Running Costs/mo

£1,190

Cashflow/mo

£365

Cashflow/yr

£4,376

ROI

5%

Gross Yield

7%

Local Sold Prices

47 sold prices from £222.5K to £315K, average is £258K. £3.2K/m² to £6.5K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£270K09/220.09 mi49, Pycroft Way, London, Greater London N9 9XU2
£260K03/210.09 mi53, Pycroft Way, London, Greater London N9 9XU2
£315K10/230.1 mi16a, Sunnyside Road North, London, Greater London N9 9SW2
£260K12/220.11 mi52, Pycroft Way, London, Greater London N9 9XY2
£262K05/210.12 miFlat 4, Romany House, Beaconsfield Road, London, Greater London N9 0PY2
£265K07/220.29 mi28, Herne Mews, London, Greater London N18 2QZ2
£258K12/200.34 mi21, All Saints Close, London, Greater London N9 9AT2
£278K10/220.39 mi13, Sawyer Close, London, Greater London N9 9XP2
£250K09/230.39 mi31, Beechwood Mews, London, Greater London N9 9XH2
£250K01/210.39 mi15, Beechwood Mews, London, Greater London N9 9XH2
£290K03/230.39 mi29, Beechwood Mews, London, Greater London N9 9XH2
£270K12/220.39 mi27, Beechwood Mews, London, Greater London N9 9XH2
£303K09/220.42 mi17, Lichfield Road, London, Greater London N9 9HD2
£257.5K09/210.43 mi42, Grilse Close, London, Greater London N9 0UU2
£273.5K07/210.46 mi17, Ruskin Walk, London, Greater London N9 9DT2
£262.5K04/210.49 mi62, Milestone Close, London, Greater London N9 9GA2
£245K02/220.52 mi6, Inverness Road, London, Greater London N18 2EE2
£233K02/220.54 miFlat 7, Bridport House, Colyton Way, London, Greater London N18 2XJ2
£275K03/220.54 mi41, Jeremys Green, London, Greater London N18 2NB2
£251K10/210.57 mi14, Dickens Lane, London, Greater London N18 1PH2
£230K06/220.57 mi23, Dickens Lane, London, Greater London N18 1PH2
£280K02/230.58 mi89, Church Lane, London, Greater London N9 9QA2
£255K06/220.62 mi49, Tanners End Lane, London, Greater London N18 1PQ2
£280K06/230.62 miGround Floor Flat, 23, Arthur Road, London, Greater London N9 9AF2
£243K02/230.62 mi38, Tanners End Lane, London, Greater London N18 1PG2
£226K01/210.63 mi124, Croyland Road, London, Greater London N9 7BD2
£250K01/220.63 mi56, Leopold Road, London, Greater London N18 2HX2
£270K11/210.63 mi50, Leopold Road, London, Greater London N18 2HX2
£250K08/220.63 mi55, Tanners End Lane, London, Greater London N18 1PQ2
£275K04/230.7 mi26, Culpepper Close, London, Greater London N18 2DZ2
£270K03/230.7 mi12, Culpepper Close, London, Greater London N18 2DZ2
£270K11/210.75 mi50, Leopold Road, London, Greater London N18 2HX2
£222.5K10/200.76 mi119, Croyland Road, London, Greater London N9 7BH2
£260K04/210.77 mi46, Leopold Road, London, Greater London N18 2EW2
£266K12/210.77 mi70, Leopold Road, London, Greater London N18 2HX2
£225K09/220.79 mi185b, Church Street, Edmonton, London, Greater London N9 9HL2
£245K07/220.8 mi82, Wigston Close, London, Greater London N18 1XF2
£300K06/210.81 mi106, Middleham Road, London, Greater London N18 2SD2
£247.5K06/210.85 mi21, Hennessy Road, London, Greater London N9 0XA2
£240K10/220.87 mi6, Hennessy Road, London, Greater London N9 0XQ2
£257K10/220.88 mi14, Hennessy Road, London, Greater London N9 0XQ2
£240K04/210.91 mi30, Pentland Close, London, Greater London N9 0XN2
£240K04/210.91 mi30, Pentland Close, London, Greater London N9 0XN2
£225K04/210.95 mi32, Buxton Close, London, Greater London N9 0XL2
£240K10/230.98 mi96, Hudson Way, Edmonton, London, Greater London N9 0XG2
£248K05/210.98 mi114, Hudson Way, London, Greater London N9 0XG2
£307K03/210.99 mi69, Northumberland Park, London, Greater London N17 0TG2

Local Rents

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

RentDateDistanceAddressBeds 
£1,90007/240.07 mi-2
£1,80007/240.08 mi-2
£1,55006/240.1 miPycroft Way, London, N92
£1,30007/240.1 miPycroft Way, London, N92
£2,20002/250.12 mi-2
£1,90006/240.16 mi-2
£1,85003/250.17 mi-2
£1,82512/240.23 mi-2
£1,80005/240.24 miFelixstowe Road, Edmonton2
£1,60007/240.27 miFlexistowe Road, London, N92
£1,60007/240.27 mi-2
£1,80003/250.29 mi-2
£1,80003/250.34 mi-2
£1,65003/250.35 mi-2
£1,74506/240.36 miVictoria Road,2
£1,69506/240.36 miVictoria Road,2
£1,75001/250.36 mi-2
£1,70012/240.36 mi-2
£2,00012/240.36 mi-2
£1,45012/240.37 mi-2
£1,80012/240.38 mi-2
£1,85002/250.39 mi-2
£2,00005/240.39 mi-2
£1,59005/240.44 miWarwick Road, Edmonton, N182
£1,90001/250.45 mi-2
£1,90002/250.45 mi-2
£2,28502/250.46 mi-2
£1,80012/240.47 mi-2
£1,55006/240.5 miWashbourne Court, Acton Close, Edmonton, N92
£1,65012/240.5 mi-2
£1,65002/250.5 mi-2
£1,70006/240.51 miSwaythling Close, London2
£1,85001/250.52 mi-2
£1,75005/240.54 miJeremys Green, Edmonton, N182
£4,00005/240.54 mi-2
£1,60001/250.54 mi-2
£1,95006/240.55 miLancaster Road, Edmonton2
£1,70001/250.56 mi-2
£1,85005/240.57 mi-2
£1,60001/250.57 mi-2
£1,70003/250.57 mi-2
£1,70005/240.58 mi-2
£1,75001/250.58 mi-2
£1,60012/240.58 mi-2
£1,60002/240.59 mi-2
£1,60002/240.59 mi-2
£1,80003/250.59 mi-2
£1,70006/240.59 miArthur Road, Edmonton, N92
£1,95007/240.6 miTown Road London N92

Local Area Statistics

Population in N9

51,422

Population in London

4,771,921

Town centre distance

6.64 miles away

Nearest school

0.20 miles away

Nearest train station

0.27 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+26%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Listed for £275,000

March 12, 2025

Floor Plans

Description

  • TWO BEDROOM FLAT +
  • GROUND FLOOR +
  • SPACIOUS LOUNGE +
  • OPEN-PLAN KITCHEN +
  • PERMIT PARKING +
  • WALKING DISTANCE TO PYMMES PARK +
  • 0.4 MILES TO EDMONTON GREEN TRAIN STATION +
  • CLOSE TO EDMONTON GREEN SHOPPING CENTRE +
  • GAS CENTRAL HEATING +
  • CHAIN FREE +

CHAIN FREE! Knights are delighted to present this spacious two bedroom flat, situated on the ground floor of a modern development within walking distance of Pymmes Park and local amenities. The property benefits from two bedrooms, spacious lounge, open-plan kitchen, permit parking, gas central heating and double glazed windows. This flat is conveniently located just 0.4 miles from Edmonton Green Station and Edmonton Green Shopping Centre, making it an ideal investment or residential purchase for any incoming buyer.

EPC - C

Agent Details

Knights Residential, Edmonton

020 3840 3527

Next Steps?

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