3 Bed Semi-Detached House, Refurb/BRRR, London, N3 2AL, £535,000

311 Dickens Avenue, London, N3 2AL - 7 views - 25 days ago

Sold STC

Refurb/BRRR

ROI: 1%

~93 m²

+2 photos

ValuationFair Value

Sold Prices	£460K - £1.3M
Sold Prices/m²	£4.8K/m² - £15.6K/m²

Square Metres	~93 m²
Price/m²	£5.8K/m²
Value Estimate	£540,350£540,350

End Value (After Refurb)	£604,065£604,065
Uplift in Value	+13%+13%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£133,750£133,750
Stamp Duty & Legal Fees	£42,200£42,200
Refurb Costs	£49,200£49,200
Bridging Loan Interest	£14,044£14,044
Total Cash In	£240,944£240,944

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£604,065£604,065
Mortgage (After Refinance)	£453,049£453,049
Mortgage LTV	75%75%
Cash Released	£51,799£51,799
Cash Left In	£189,145£189,145
Equity	£151,016£151,016
Rent Range	£2,000 - £3,800£2,000 - £3,800
Rent Estimate	£2,599
Running Costs/mo	£2,428£2,428
Cashflow/mo	£171£171
Cashflow/yr	£2,058£2,058
ROI	1%1%
Gross Yield	6%6%

Local Sold Prices

51 sold prices from £460K to £1.3M, average is £707K. £4.8K/m² to £15.6K/m², average is £6.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£653.3K	03/21	0.07 mi	72, Squires Lane, London, Greater London N3 2AP	£6,163	106	3	Terraced House
£635K	04/21	0.09 mi	13, Glebe Road, London, Greater London N3 2BA	£4,847	131	3	Terraced House
£635K	02/21	0.09 mi	67, Squires Lane, London, Greater London N3 2AN	£5,721	111	3	Terraced House
£695K	02/23	0.1 mi	5, Avondale Road, London, Greater London N3 2EU	£6,495	107	3	Terraced House
£637.5K	12/20	0.1 mi	5, Avondale Road, London, Greater London N3 2EU	£5,958	107	3	Terraced House
£551K	03/21	0.1 mi	41, Avondale Road, London, Greater London N3 2EU	£6,261	88	3	Terraced House
£570K	06/21	0.1 mi	47, Avondale Road, London, Greater London N3 2EU	-	-	3	Terraced House
£780.8K	10/22	0.1 mi	15, Avondale Road, London, Greater London N3 2EU	£15,616	50	3	Terraced House
£617K	12/22	0.1 mi	47, Avondale Road, London, Greater London N3 2EU	-	-	3	Terraced House
£580K	11/20	0.12 mi	34, Avondale Road, London, Greater London N3 2ES	£5,133	113	3	Terraced House
£680K	04/23	0.12 mi	18, Avondale Road, London, Greater London N3 2ES	£5,763	118	3	Terraced House
£750K	12/20	0.14 mi	3, Bow Lane, London, Greater London N12 0JR	£4,902	153	3	Terraced House
£675K	11/21	0.14 mi	126, Squires Lane, London, Greater London N3 2AB	-	-	3	Terraced House
£750K	11/22	0.14 mi	44, Clifton Road, London, Greater London N3 2AR	£7,653	98	3	Terraced House
£681.5K	11/20	0.16 mi	6, Cromwell Road, Finchley, London, Greater London N3 2ET	£7,328	93	3	Semi-Detached House
£615K	02/21	0.16 mi	1, Cromwell Road, Finchley, London, Greater London N3 2ET	£6,685	92	3	Semi-Detached House
£645K	10/20	0.16 mi	177, Squires Lane, London, Greater London N3 2AA	£5,287	122	3	Terraced House
£600K	05/21	0.16 mi	22, Montpelier Road, London, Greater London N3 2ER	-	-	3	Semi-Detached House
£625K	09/23	0.16 mi	21, Montpelier Road, London, Greater London N3 2ER	£5,841	107	3	Semi-Detached House
£615K	10/22	0.16 mi	17, Montpelier Road, London, Greater London N3 2ER	-	-	3	Terraced House
£880K	01/21	0.17 mi	149, Etchingham Park Road, London, Greater London N3 2EE	£7,395	119	3	Terraced House
£1.0M	11/22	0.19 mi	90, Woodlands Avenue, London, Greater London N3 2NR	£10,215	98	3	Terraced House
£910K	09/22	0.2 mi	56, Sylvester Road, London, Greater London N2 8HN	£8,018	114	3	Detached House
£620K	11/23	0.21 mi	8, Chambers Gardens, London, Greater London N2 9AL	£6,139	101	3	Terraced House
£1.3M	12/20	0.21 mi	9, Park Avenue, London, Greater London N3 2EJ	£12,908	98	3	Terraced House
£460K	09/22	0.21 mi	221, Long Lane, London, Greater London N3 2RL	£6,183	74	3	Terraced House
£742.5K	01/21	0.23 mi	2, Sylvester Road, London, Greater London N2 8HN	£8,438	88	3	Semi-Detached House
£850K	06/21	0.24 mi	28, Lankaster Gardens, London, Greater London N2 9AJ	£6,746	126	3	Terraced House
£703K	06/21	0.27 mi	19, Lewis Gardens, London, Greater London N2 9AN	£8,369	84	3	Semi-Detached House
£925K	10/23	0.28 mi	88, Bow Lane, London, Greater London N12 0JP	£8,551	108	3	Semi-Detached House
£557K	06/23	0.28 mi	14, The Mead, London, Greater London N2 8LD	£5,255	106	3	Terraced House
£650K	04/23	0.31 mi	144, Squires Lane, London, Greater London N3 2QT	-	-	3	Terraced House
£586.3K	02/24	0.33 mi	326, Long Lane, London, Greater London N2 8JP	£5,922	99	3	Terraced House
£685K	06/21	0.36 mi	20, Brendon Grove, London, Greater London N2 8JZ	£8,155	84	3	Semi-Detached House
£650K	02/21	0.37 mi	84, Rosemary Avenue, London, Greater London N3 2QN	£5,702	114	3	Semi-Detached House
£812K	11/22	0.39 mi	327, Long Lane, London, Greater London N2 8JW	£8,202	99	3	Terraced House
£865K	03/21	0.4 mi	305, Long Lane, London, Greater London N2 8JW	£7,655	113	3	Terraced House
£707K	11/20	0.41 mi	36, Rosemary Avenue, London, Greater London N3 2QN	£6,662	106	3	Terraced House
£765K	02/23	0.41 mi	56, Rosemary Avenue, London, Greater London N3 2QN	£6,786	113	3	Terraced House
£815K	03/21	0.42 mi	24, Cadogan Gardens, London, Greater London N3 2HN	-	-	3	Terraced House
£805K	09/21	0.42 mi	9, Cadogan Gardens, London, Greater London N3 2HN	£7,667	105	3	Terraced House
£825K	11/22	0.43 mi	27, Rosemary Avenue, London, Greater London N3 2QP	-	-	3	Terraced House
£745K	09/21	0.44 mi	380, Long Lane, London, Greater London N2 8JX	£7,885	94	3	Terraced House
£885K	10/20	0.45 mi	28, New Trinity Road, London, Greater London N2 8EE	£8,676	102	3	Terraced House
£740K	08/23	0.45 mi	16, New Trinity Road, London, Greater London N2 8EE	£7,551	98	3	Terraced House
£850K	01/23	0.48 mi	27, Briarfield Avenue, London, Greater London N3 2LG	-	-	3	Terraced House
£736.5K	06/21	0.49 mi	28, Tangle Tree Close, London, Greater London N3 2TR	£6,819	108	3	Semi-Detached House
£760K	08/23	0.49 mi	12, Elmfield Road, London, Greater London N2 8EB	-	-	3	Terraced House
£760K	08/23	0.49 mi	12, Elmfield Road, London, Greater London N2 8EB	-	-	3	Terraced House
£724K	10/23	0.5 mi	405, Long Lane, London, Greater London N2 8JN	£7,240	100	3	Terraced House
£995K	07/23	0.5 mi	39, Claverley Grove, London, Greater London N3 2DG	£9,189	108	3	Terraced House

Local Rents

49 rents from £2K/mo to £3.8K/mo, average is £2.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,850	11/24	0.06 mi	-	3	Terraced House
£2,350	05/24	0.09 mi	Glebe Road, Finchley, London, N3	3	Flat
£3,300	05/24	0.09 mi	SQUIRES LANE, Finchley Central, London, N3	3	Terraced House
£2,400	08/24	0.1 mi	Clifton Road, Finchley Central	3	Terraced House
£2,100	06/24	0.17 mi	Abingdon Road, Finchley	3	Flat
£2,000	06/24	0.17 mi	Abingdon Road, Finchley	3	Flat
£2,400	05/24	0.18 mi	Tarling Road, East Finchley, London, N2	3	Terraced House
£2,300	06/24	0.19 mi	Long Lane, Finchley	3	House
£3,000	01/25	0.19 mi	-	3	Terraced House
£2,400	06/24	0.22 mi	Chambers Gardens, East Finchley, N2	3	House
£2,750	06/24	0.24 mi	Nursery Avenue, Finchley, N3	3	Terraced House
£2,450	05/24	0.26 mi	-	3	Flat
£2,600	12/24	0.26 mi	Lewis Gardens, East Finchley, N2	3	Terraced House
£3,000	05/24	0.27 mi	-	3	Flat
£3,000	05/24	0.27 mi	Brownswell Road, London, N2	3	Terraced House
£2,800	07/24	0.32 mi	Park Crescent, Finchley Central, London	3	Flat
£2,800	03/25	0.33 mi	-	3	Flat
£3,800	05/24	0.33 mi	-	3	Flat
£2,400	08/24	0.34 mi	-	3	Flat
£2,350	05/24	0.34 mi	Long Lane, East Finchley, London, N2	3	Flat
£2,200	06/24	0.34 mi	Manor Cottages Approach, East Finchley	3	House
£2,100	05/24	0.37 mi	Squires Lane, Finchley	3	Flat
£2,050	01/25	0.39 mi	-	3	Flat
£2,350	05/24	0.39 mi	High Road, London	3	Flat
£2,750	07/24	0.42 mi	Rosemary Avenue, Finchley, N3	3	Terraced House
£2,100	02/24	0.44 mi	Long Lane, East Finchley, London	3	Flat
£2,200	05/24	0.44 mi	Etchingham Court, Etchingham Park Road, London, N3	3	Flat
£3,000	05/24	0.45 mi	Long Lane, Finchley	3	Detached House
£2,900	04/25	0.45 mi	-	3	Flat
£3,500	06/24	0.46 mi	Long Lane, Finchley Central, London N3	3	Flat
£2,800	01/25	0.47 mi	-	3	Flat
£3,200	07/24	0.47 mi	Ballards, Finchley, N3	3	Flat
£2,745	02/25	0.49 mi	-	3	Flat
£2,300	07/24	0.49 mi	Manor View, Finchley	3	Flat
£2,500	05/24	0.49 mi	Station Road, Finchley Central, London, N3	3	Flat
£3,000	06/24	0.49 mi	Granville Road London N12	3	House
£2,750	08/24	0.5 mi	Princes Avenue, London, N3	3	Flat
£2,100	12/24	0.5 mi	-	3	Flat
£2,400	04/25	0.5 mi	-	3	Flat
£2,750	08/24	0.51 mi	Brownlow Road, Finchley, N3	3	Flat
£2,550	06/24	0.52 mi	Manor Park Road, London, N2	3	Flat
£2,100	04/25	0.53 mi	-	3	Flat
£2,650	08/24	0.53 mi	Finchley, London, N3	3	Flat
£2,550	09/24	0.53 mi	-	3	Flat
£3,000	06/24	0.54 mi	-	3	Flat
£2,253	06/24	0.55 mi	Ballards Lane, Finchley, N3	3	Flat
£2,253	07/24	0.55 mi	Ballards Lane, Finchley, N3	3	Flat
£3,200	07/24	0.56 mi	BALLARDS LANE, Finchley Central, London, N3	3	Flat
£2,500	05/24	0.56 mi	Manor View, Finchley, N3	3	Flat

Local Area Statistics

Population in N3	26,58426,584
Population in London	4,771,9214,771,921
Town centre distance	5.90 miles away5.90 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.66 miles away0.66 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-30%-30%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+19%+19%

Property History

Listed for £535,000

March 18, 2025

Floor Plans

Description

Semi detached house +
3 Bedrooms +
98' rear garden +
Needs modernisation +
Chain free +
Council tax band D +
Quiet location +
Close to amenities +

* Chain Free * A 3 bedroom semi detached house with a near 100' rear garden. Front reception room. Rear kitchen and bathroom. Potential to extend subject to the necessary planning. Front garden. The property needs modernisation throughout. With Finchley Central Tube station, local schools and Victoria Park within easy reach, the property would make an ideal first time purchase.

Council tax band D
Freehold

Agent Details

Squires Estates, Finchley

020 3856 3963

Next Steps?

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

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