2 Bed Flat, Single Let, London, N3 3BY, £395,000

Basing Way, Finchley, N3 3BY - 1 views - 24 days ago

Leasehold
BTL
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£308K - £931K
Sold Prices/m²£4K/m² - £10K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.8K/m²

Value Estimate

£474,799
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£98,750

Stamp Duty & Legal Fees

£28,200

Total Cash In

£126,950

 

 

Cash Out

 

Rent Range

£1,420 - £2,595

Rent Estimate

£1,434

Running Costs/mo

£1,541

Cashflow/mo

£-107

Cashflow/yr

£-1,286

Gross Yield

4%

Local Sold Prices

50 sold prices from £308K to £931K, average is £430K. £4K/m² to £10K/m², average is £7K/m².

PriceDateDistanceAddressBeds 
£325K11/200.03 mi120, Basing Way, London, Greater London N3 3DA2
£350K10/200.1 mi57, Basing Way, London, Greater London N3 3BP2
£382.5K03/230.13 mi33, Amberden Avenue, London, Greater London N3 3DE2
£320K12/220.13 mi19, Amberden Avenue, London, Greater London N3 3DE2
£415K02/240.17 miCranbourne Court, Flat 3, Briar Close, London, Greater London N2 0SD2
£445K03/230.17 miFlat 15, Cranbourne Court, Briar Close, London, Greater London N2 0SD2
£575K12/220.25 mi10, Rosemary Avenue, London, Greater London N3 2QN2
£931K05/210.27 mi93, Lichfield Grove, London, Greater London N3 2JL2
£420K12/200.32 mi15, Orchard Avenue, London, Greater London N3 3NL2
£420K12/200.32 mi15, Orchard Avenue, London, Greater London N3 3NL2
£463K01/210.34 mi1, Denison Close, London, Greater London N2 0JT2
£450K06/210.34 mi24, Denison Close, London, Greater London N2 0JT2
£358K12/200.34 mi134a, East End Road, London, Greater London N2 0RZ2
£420K05/210.36 mi27, Denison Close, London, Greater London N2 0JT2
£420K05/210.37 mi27, Denison Close, London, Greater London N2 0JT2
£431K06/210.38 mi40, Denison Close, London, Greater London N2 0JU2
£400K04/210.38 mi47a, Lichfield Grove, London, Greater London N3 2JJ2
£440K06/210.38 mi42, Denison Close, London, Greater London N2 0JU2
£440K11/200.39 mi190a, Squires Lane, London, Greater London N3 2QT2
£470K11/200.39 mi196, Squires Lane, London, Greater London N3 2QT2
£450K03/210.41 mi129, Ossulton Way, London, Greater London N2 0JS2
£430K09/230.41 miFlat 13, Ellerton Lodge, East End Road, London, Greater London N3 3QH2
£385K06/230.41 miFlat 24, Ellerton Lodge, East End Road, London, Greater London N3 3QH2
£475K12/220.41 mi61, Beaufort Park, London, Greater London NW11 6BT2
£407.5K07/230.43 miFlat 3, Warwick Court, Ossulton Way, London, Greater London N2 0LG2
£366K01/210.43 mi156a, East End Road, London, Greater London N2 0RY2
£390K03/210.43 mi110, Beaufort Park, London, Greater London NW11 6BY2
£415K09/210.44 miFlat 24, Derby Lodge, East End Road, London, Greater London N3 3QG2
£380K01/210.44 miFlat 6, Derby Lodge, East End Road, London, Greater London N3 3QG2
£355K02/230.44 miFlat 14, Derby Lodge, East End Road, London, Greater London N3 3QG2
£308K08/230.44 mi170d, Long Lane, London, Greater London N3 2RA2
£495K10/210.45 mi40, Hill Top, London, Greater London NW11 6EE2
£385K05/240.45 mi41, Beaufort Park, London, Greater London NW11 6BS2
£575K09/210.46 mi26, Sedgemere Avenue, London, Greater London N2 0SX2
£558.8K12/230.46 mi6, Sedgemere Avenue, London, Greater London N2 0SX2
£555K03/230.46 mi16a, Sedgemere Avenue, London, Greater London N2 0SX2
£360K01/230.46 mi129, Beaufort Park, London, Greater London NW11 6BY2
£610K01/210.46 miFlat 11, Mayflower Lodge, Regents Park Road, London, Greater London N3 3HU2
£415K05/210.46 miFlat 12, Branksome Court, East End Road, London, Greater London N2 0RX2
£410K06/210.46 miFlat 6, Branksome Court, East End Road, London, Greater London N2 0RX2
£575K10/220.47 miFlat 65, Mayflower Lodge, Regents Park Road, London, Greater London N3 3HX2
£560K09/210.48 mi52, Neale Close, London, Greater London N2 0LF2
£592K07/240.49 mi33a, Sedgemere Avenue, London, Greater London N2 0SY2
£560K06/210.49 mi43, Sedgemere Avenue, London, Greater London N2 0SY2
£650K10/220.49 mi25a, Sedgemere Avenue, London, Greater London N2 0SY2
£435K06/210.5 mi335a, Long Lane, London, Greater London N2 8JW2
£515K06/230.5 mi5, Heath View Close, London, Greater London N2 0PY2
£400K06/210.51 miFlat 14, Sherwood Hall, East End Road, London, Greater London N2 0TA2
£435K11/220.51 miFlat 36, Sherwood Hall, East End Road, London, Greater London N2 0TA2
£430K12/200.51 miFlat 10, Sherwood Hall, East End Road, London, Greater London N2 0TA2

Local Rents

50 rents from £1.4K/mo to £2.6K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,75005/240 miBasing Way, LONDON2
£1,85008/240 miBasing Way, Finchley, N32
£1,70005/240.1 miBasing Way, LONDON2
£2,10011/240.17 mi-2
£2,00003/250.17 mi-2
£1,55007/240.19 miKingsgate Avenue, London, N32
£1,55007/240.19 mi-2
£2,59510/240.2 mi-2
£1,80007/240.24 miGlenhill Close, Finchley, N32
£1,79506/240.24 mi-2
£1,84909/240.26 mi-2
£1,79910/240.26 mi-2
£2,25005/240.27 miOrchard Avenue, Finchley, N32
£2,10002/240.28 mi-2
£2,35007/240.29 miMountfield Road, Finchley, N32
£1,95006/240.29 miStation Road, Finchley, N32
£1,70007/240.3 miEast End Road, Finchley, N32
£1,92502/250.3 mi-2
£1,80007/240.32 miGlenhill Close, Finchley, N32
£1,95005/240.34 miDenison Close London N22
£1,75007/240.34 miGlenhill Close (MS075), Finchley. N32
£1,70005/240.34 miStation Road, Finchley2
£2,10008/240.34 miCavendish Avenue, Finchley Central, London2
£1,95005/240.34 miDenison Close, Hampstead Garden Suburb, N22
£1,80005/240.34 miGlenhill Close, Finchley, N32
£1,80007/240.35 miHolyoake Walk, East Finchley, N22
£2,20002/250.36 mi-2
£1,70004/250.36 mi-2
£2,00008/240.36 miStation Road ,Finchley Central, N3 2
£2,50006/240.36 miSpencer Close, Finchley, N32
£1,85011/240.36 mi-2
£1,69512/240.36 mi-2
£1,80009/240.37 mi-2
£1,80005/240.37 miGlenhill Close, Finchley, N32
£2,19112/240.37 mi-2
£1,95005/240.37 mi-2
£1,45002/250.38 mi-2
£1,42003/250.38 mi-2
£1,85005/240.38 miLichfield Grove, Finchley Central, N32
£1,42507/240.38 mi-2
£1,80008/240.39 miSquires Lane, Finchley2
£1,90008/240.39 miFabian Court, 57-59 Station Road, Finchley Central2
£2,05007/240.39 miStanhope Avenue, Finchley, N32
£2,20005/240.4 miEast End Road, London, N32
£1,75102/250.4 mi-2
£1,75007/240.4 mi-2
£1,80004/250.4 mi-2
£1,60006/240.4 miMountfield Road, Finchley, N32
£1,85005/240.4 miOssulton Way, East Finchley, London, N22
£1,70006/240.4 miEast End Road, East Finchley, London2

Local Area Statistics

Population in N3

26,584

Population in London

4,771,921

Town centre distance

5.77 miles away

Nearest school

0.20 miles away

Nearest train station

0.51 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-30%

Sales demand

Buyer's market

Capital growth (5yrs)

+19%

Property History

Listed for £395,000

March 20, 2025

Floor Plans

Description

  • Two Bedrooms +
  • Modern Fitted Kitchen +
  • Private Balcony +
  • Residents Parking +
  • Near Amenities +
  • Storage +

A spacious two bedroom, first floor apartment that comes complete with a large living room with access to private balcony, a modern fitted kitchen and bathroom, storage cupboard and residents parking.

Basing Way is perfectly located for convenient access to local amenities and transport links. Finchley Central station is just 0.5 miles away, and the area falls within the catchment of several highly regarded schools, including Akiva.

Tenure: Leasehold Lease Years Remaining: 86
Council Tax Band: C

Information contained within this listing is for guidance only and should be checked and confirmed (prior to proceeding).

Agent Details

Dexters, Finchley

020 8742 4180

Next Steps?

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