3 Bed Flat, Refurb/BRRR, London, N3 1JB, £325,000

Eversleigh Road, London, N3 1JB - 1 views - 17 days ago

Leasehold
Auction
Refurb/BRRR
ROI: 1%
~93 m²
+7 photos

ValuationFair Value

Sold Prices£370K - £960K
Sold Prices/m²£5.2K/m² - £7.8K/m²

 

 

Square Metres

~93 m²
Price/m²£3.5K/m²

Value Estimate

£328,250

 

 

End Value (After Refurb)

£622,385

Uplift in Value

+92%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£21,200

Refurb Costs

£49,200

Bridging Loan Interest

£8,531

Total Cash In

£161,931

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£622,385

Agent Fees (1%)

£6,224

Bridging Loan

£243,750

Bridging Loan Interest

£8,531

Flip Profit

£210,480

Local Sold Prices

27 sold prices from £370K to £960K, average is £490K. £5.2K/m² to £7.8K/m², average is £6K/m².

PriceDateDistanceAddressBeds 
£422K09/230 miFlat 8, Eversleigh Court, Eversleigh Road, London, Greater London N3 1JB3
£370K01/210 miFlat 2, Eversleigh Court, Eversleigh Road, London, Greater London N3 1JB3
£370K01/210 miFlat 2, Eversleigh Court, Eversleigh Road, London, Greater London N3 1JB3
£370K01/210.04 miFlat 4, Grosvenor Court, Grosvenor Road, London, Greater London N3 1HA3
£570K03/210.06 mi45, Eversleigh Road, London, Greater London N3 1HY3
£390K03/210.14 miFlat 10, Rocklands, Gordon Road, London, Greater London N3 1EN3
£550K07/230.31 miFlat 1, Rozelle, Church Crescent, London, Greater London N3 1BG3
£630K06/210.39 mi42a, Redbourne Avenue, London, Greater London N3 2BS3
£932.5K05/230.51 mi31, Spencer Close, London, Greater London N3 3TX3
£399.8K06/210.53 miFlat 40, Bittacy Court, Bittacy Hill, London, Greater London NW7 1HY3
£960K03/230.54 mi95, Spencer Close, London, Greater London N3 3TZ3
£489K12/200.64 mi11, Woodlands Avenue, London, Greater London N3 2NS3
£460K10/230.64 mi22, Montrose Crescent, London, Greater London N12 0ED3
£490K12/220.65 mi65, Long Lane, London, Greater London N3 2HY3
£580K11/230.69 miFirst Floor Flat, 24, Holdenhurst Avenue, London, Greater London N12 0JB3
£490K06/210.74 mi36a, Queens Avenue, London, Greater London N3 2NP3
£675K03/210.74 mi31, Windermere Avenue, London, Greater London N3 3QX3
£550K03/210.76 mi33, Woodberry Way, London, Greater London N12 0HE3
£610K10/200.76 mi31, Woodberry Way, London, Greater London N12 0HE3
£560K11/210.78 miFlat 28, Greenacres, Hendon Lane, London, Greater London N3 3SF3
£730K09/210.83 miFlat 6, Grasmere Court, Holders Hill Gardens, London, Greater London NW4 1PF3
£570K08/210.84 miFlat 21, Cranmer Court, Wickliffe Avenue, London, Greater London N3 3HG3
£390K04/210.85 mi41, Dale Grove, London, Greater London N12 8EE3
£416K01/230.87 mi132, Basing Way, London, Greater London N3 3DA3
£450K05/210.91 miFlat 15, Fernside Court, Holders Hill Road, London, Greater London NW4 1JT3
£390K06/210.91 miFlat 4, Fernside Court, Holders Hill Road, London, Greater London NW4 1JT3
£520K11/221 mi143, Glebelands Close, London, Greater London N12 0AN3

Local Rents

49 rents from £1.9K/mo to £3.8K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,20005/240.01 mi-3
£2,00005/240.04 miGrosvenor Road, London, N33
£1,95005/240.06 miGrosvenor Court, Grosvenor Road, Finchley, London, N33
£2,95008/240.06 miGrosvenor Road, London, N33
£2,40005/240.1 miNether street, Finchley central, London, N3 - GARDEN FLAT3
£2,45007/240.11 miLansdowne Road, Finchley, London, N33
£2,15007/240.13 miGordon Road, Finchley Central, N33
£2,00003/250.14 mi-3
£2,10007/240.14 miThe Grove, London, N33
£2,00005/240.15 miGordon Road, London, N3 1EN3
£2,30005/240.15 miCrescent Road, Finchley, N3 1HP3
£2,30005/240.15 miCrescent Road, Finchley Central, N33
£2,38306/240.15 miFinchley, N3, London3
£2,20006/240.15 miCrescent Road, Finchley, London, N33
£2,99906/240.19 mi-3
£2,75003/250.2 mi-3
£2,60006/240.23 miDollis Park, Finchley, London, N33
£3,80006/240.23 miDollis Park, London N33
£2,80007/240.24 miHowcroft Crescent, West Finchley, London, N33
£2,50007/240.24 miHamilton Way, Finchley, N33
£2,40007/240.24 miHamilton Way, Finchley, N33
£2,40009/240.24 miHamilton Way, Finchley, N33
£3,80006/240.25 miDollis Park, Finchley3
£2,75007/240.25 miHowcroft Crescent, Finchley3
£2,75007/240.25 miHowcroft Crescent, West Finchley, London, N33
£2,55008/240.25 mi-3
£2,69508/240.25 miHowcroft Crescent, Finchley, N33
£3,80006/240.25 miDollis Park, Finchley, London, N33
£1,95005/240.26 miCornwall Avenue, Finchley Central, N33
£2,50005/240.26 miBallards Lane, Finchley, London, N33
£2,55011/240.28 mi-3
£2,55011/240.28 mi-3
£2,65011/240.3 mi-3
£2,40001/250.3 mi-3
£2,40001/250.3 mi-3
£2,25306/240.31 miBallards Lane, Finchley, N33
£2,25306/240.32 miBallards Lane, Finchley, N33
£2,25307/240.32 miBallards Lane, Finchley, N33
£2,95008/240.32 miHowcroft Crescent, West Finchley, N3 1PA3
£2,10003/250.34 mi-3
£3,00006/240.34 mi-3
£2,55009/240.34 mi-3
£2,65008/240.34 miFinchley, London, N33
£3,20007/240.35 miBALLARDS LANE, Finchley Central, London, N33
£2,65002/240.35 miFursby Avenue, Finchley Central, London, N3 3
£2,85010/240.38 mi-3
£2,75008/240.38 miPrinces Avenue, London, N33
£2,70009/240.38 mi-3
£2,75006/240.39 miThe Lintons, London, N33

Local Area Statistics

Population in N3

26,584

Population in London

4,771,921

Town centre distance

6.61 miles away

Nearest school

0.30 miles away

Nearest train station

0.35 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-30%

Sales demand

Buyer's market

Capital growth (5yrs)

+19%

Property History

Listed for £325,000

March 18, 2025

Floor Plans

Description

This three-bedroom flat in Eversleigh Court, presents an excellent opportunity for buyers looking to put their own stamp on a property in need of modernisation.

The property comprises entrance hallway with storage cupboard, private resident parking as well as on street parking, a reception room with access to balcony, kitchen, family bathroom and separate w/c.

Ideally situated just 0.33 miles from Finchley Central Station (Northern Line) and Finchley Central High Road, providing access to bus routes, supermarkets and a vast array of shopping facilities.

Families will appreciate the proximity to well-regarded schools, including St Mary’s C of E Primary School (0.23 miles) and St Michael’s Catholic Grammar School (0.89 miles).

With its prime location and potential for renovation, this property is perfect for those looking to create a stylish home in a well-connected and vibrant area.

Auctioneer Comments.
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Agent Details

Bairstow Eves, North Finchley

020 3835 4995

Next Steps?

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