2 Bed Flat, Single Let, London, N3 1NJ, £465,000

Ballards Lane, Finchley, N3 1NJ - 2 views - 23 days ago

BTL

~68 m²

+10 photos

ValuationOvervalued

Sold Prices	£237.4K - £620K
Sold Prices/m²	£4.9K/m² - £9.4K/m²

Square Metres	~68.11 m²
Price/m²	£6.8K/m²
Value Estimate	£454,073£454,073

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£116,250£116,250
Stamp Duty & Legal Fees	£37,700£37,700
Total Cash In	£153,950£153,950

Cash Out
Rent Range	£1,500 - £2,500£1,500 - £2,500
Rent Estimate	£1,600
Running Costs/mo	£1,793£1,793
Cashflow/mo	£-193£-193
Cashflow/yr	£-2,317£-2,317
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £237.4K to £620K, average is £418.8K. £4.9K/m² to £9.4K/m², average is £6.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£423K	07/23	0 mi	Flat 76, Finchley Court, Ballards Lane, Finchley, London, Greater London N3 1NJ	-	-	2	Flat
£412.5K	02/21	0.03 mi	Flat 1, Finchley Court, Ballards Lane, Finchley, London, Greater London N3 1NH	-	-	2	Flat
£454K	10/22	0.04 mi	Flat 33, Finchley Court, Ballards Lane, Finchley, London, Greater London N3 1NH	-	-	2	Flat
£415K	09/23	0.05 mi	18, Burnbrae Close, London, Greater London N12 8PH	£6,103	68	2	Flat
£390K	11/20	0.05 mi	18, Burnbrae Close, London, Greater London N12 8PH	£5,735	68	2	Flat
£237.4K	01/23	0.07 mi	Flat 5, The Fountains, Ballards Lane, Finchley, London, Greater London N3 1NL	-	-	2	Flat
£347K	10/20	0.08 mi	214c, Ballards Lane, London, Greater London N3 2LX	£5,422	64	2	Flat
£368.1K	11/21	0.08 mi	261b, Ballards Lane, London, Greater London N3 1NG	£6,347	58	2	Flat
£273.8K	03/21	0.1 mi	Flat 5, Spencer Court, Granville Road, London, Greater London N12 0HN	-	-	2	Flat
£400K	03/21	0.13 mi	14a, Brownlow Road, London, Greater London N3 1NA	£6,452	62	2	Flat
£500K	11/22	0.14 mi	2, Woodberry Gardens, London, Greater London N12 0HD	£8,197	61	2	Flat
£537K	12/20	0.17 mi	4b, Thyra Grove, London, Greater London N12 8HD	£6,797	79	2	Flat
£472K	12/22	0.18 mi	Flat 21, Etchingham Court, Etchingham Park Road, London, Greater London N3 2EA	-	-	2	Flat
£490K	06/21	0.19 mi	Flat A, 3, Etchingham Park Road, London, Greater London N3 2DU	£7,758	63	2	Flat
£430K	01/21	0.2 mi	Flat 8, The Laurels, Nether Street, London, Greater London N3 1NP	-	-	2	Flat
£485K	10/23	0.21 mi	27b, Granville Road, London, Greater London N12 0HP	£7,647	63	2	Flat
£398K	06/23	0.21 mi	Flat 13, Western Court, Huntly Drive, London, Greater London N3 1NX	-	-	2	Flat
£620K	06/21	0.29 mi	4, Howcroft Crescent, London, Greater London N3 1PB	£7,045	88	2	Flat
£400K	12/20	0.31 mi	24, Hutton Grove, London, Greater London N12 8DT	£6,667	60	2	Flat
£470K	02/23	0.32 mi	34, Hutton Grove, London, Greater London N12 8DT	£6,620	71	2	Flat
£360K	04/21	0.35 mi	61, Bow Lane, London, Greater London N12 0JL	-	-	2	Flat
£320K	12/20	0.37 mi	Flat 16, Colman Court, Christchurch Avenue, London, Greater London N12 0DT	-	-	2	Flat
£350K	11/23	0.37 mi	Flat 9, Colman Court, Christchurch Avenue, London, Greater London N12 0DT	-	-	2	Flat
£462.5K	04/21	0.38 mi	16a, Rosemont Avenue, London, Greater London N12 0BX	£5,640	82	2	Flat
£327.5K	06/21	0.38 mi	597a, High Road, London, Greater London N12 0DY	£5,712	57	2	Flat
£475K	06/21	0.38 mi	10, Falkland Avenue, London, Greater London N3 1QR	-	-	2	Flat
£472K	04/21	0.38 mi	2a, Falkland Avenue, London, Greater London N3 1QR	£6,941	68	2	Flat
£410K	09/21	0.41 mi	Flat 5, Gainsborough Court, Nether Street, London, Greater London N12 8AE	-	-	2	Flat
£320K	02/21	0.41 mi	Flat 18, Gainsborough Court, Nether Street, London, Greater London N12 8AE	-	-	2	Flat
£415K	06/21	0.41 mi	First Floor Flat, 60, Avondale Avenue, London, Greater London N12 8EN	£6,569	63	2	Flat
£440K	03/21	0.42 mi	7a, Woodlands Avenue, London, Greater London N3 2NS	-	-	2	Flat
£489K	12/20	0.42 mi	11, Woodlands Avenue, London, Greater London N3 2NS	-	-	2	Flat
£362K	10/20	0.43 mi	Ground Floor Flat, 687, High Road, London, Greater London N12 0DA	£7,939	46	2	Flat
£340K	01/24	0.43 mi	626, High Road, London, Greater London N12 0NU	£6,410	53	2	Flat
£535K	05/23	0.43 mi	22, Woodlands Avenue, London, Greater London N3 2NR	£9,386	57	2	Flat
£340K	10/23	0.43 mi	Flat 12, Gainsborough Court, Nether Street, London, Greater London N12 8AE	-	-	2	Flat
£580K	03/21	0.44 mi	66, Princes Avenue, London, Greater London N3 2DB	-	-	2	Flat
£550K	12/22	0.44 mi	62b, Princes Avenue, London, Greater London N3 2DB	-	-	2	Flat
£370K	12/20	0.47 mi	26, Springfield Close, London, Greater London N12 7NT	£6,176	60	2	Flat
£415K	07/23	0.47 mi	10, Springfield Close, London, Greater London N12 7NT	£7,155	58	2	Flat
£430K	06/21	0.49 mi	84, Grange Avenue, London, Greater London N12 8DJ	£7,088	61	2	Flat
£422.5K	07/23	0.5 mi	19, Grange Avenue, London, Greater London N12 8DN	£7,412	57	2	Flat
£568K	06/21	0.5 mi	57a, Gainsborough Road, London, Greater London N12 8AA	-	-	2	Flat
£430K	06/21	0.52 mi	27a, Holden Road, London, Greater London N12 8HS	£4,886	88	2	Flat
£460K	04/21	0.52 mi	18, Grosvenor Road, London, Greater London N3 1EX	£7,077	65	2	Flat
£390K	09/21	0.53 mi	Flat 5, Avon Court, Holden Road, London, Greater London N12 8HR	-	-	2	Flat
£390K	05/21	0.53 mi	55, Long Lane, London, Greater London N3 2HY	£5,065	77	2	Flat
£515K	06/21	0.53 mi	95a, Long Lane, London, Greater London N3 2HY	£6,719	77	2	Flat
£380K	05/23	0.53 mi	83a, Long Lane, London, Greater London N3 2HY	-	-	2	Flat
£565K	09/21	0.53 mi	34, Redbourne Avenue, London, Greater London N3 2BS	£5,090	111	2	Flat

Local Rents

50 rents from £1.5K/mo to £2.5K/mo, average is £1.9K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,700	02/24	0.02 mi	Finchley Court, Ballards Lane, Finchley, London, N3	2	Flat
£1,900	06/24	0.03 mi	Finchley Court, Ballards Lane, Finchley	2	Flat
£1,900	08/24	0.03 mi	Ballards Lane Finchley Central N3	2	Flat
£1,700	05/24	0.07 mi	Granville Court, Granville Road, Finchley Central N12 0HL	2	Flat
£1,850	06/24	0.07 mi	Ballards Lane, Finchley, N3	2	Flat
£1,750	06/24	0.08 mi	Regent Court, Ballards Lane, London, N3	2	Flat
£2,000	04/25	0.08 mi	-	2	Flat
£1,750	07/24	0.08 mi	Ballards Lane, London	2	Flat
£1,500	06/24	0.1 mi	Moss Hall Grove, North Finchley, N12 8PJ	2	Flat
£1,734	04/25	0.11 mi	-	2	Flat
£1,734	03/25	0.11 mi	-	2	Flat
£1,600	06/24	0.13 mi	Moss Hall Grove, Woodside Park, N12	2	Flat
£1,600	04/25	0.13 mi	-	2	Flat
£1,800	05/24	0.13 mi	Moss Hall Gove, London, N12	2	Flat
£1,800	05/24	0.13 mi	-	2	Flat
£1,850	06/24	0.13 mi	-	2	Flat
£1,900	04/25	0.13 mi	-	2	Flat
£1,900	01/25	0.15 mi	-	2	Flat
£1,900	02/25	0.15 mi	-	2	Flat
£1,750	05/24	0.15 mi	Seymour Road London N3	2	Flat
£2,295	05/24	0.15 mi	Ballards Lane, Finchley	2	Flat
£2,350	07/24	0.15 mi	Ballards Lane, Finchley	2	Flat
£1,700	11/24	0.15 mi	-	2	Flat
£1,900	05/24	0.16 mi	Granville Road, North Finchley, London, N12	2	Flat
£1,900	05/24	0.16 mi	Granville Road, North Finchley, London, N12	2	Flat
£1,850	07/24	0.16 mi	Nigel Court, Seymour Road, Finchley, N3	2	Flat
£1,995	06/24	0.17 mi	Etchingham Court, Etchingham Park Road, Finchley	2	Flat
£2,000	05/24	0.18 mi	Etchingham Court, Finchley Central, N3	2	Flat
£2,000	07/24	0.18 mi	Ballards Lane, Finchley	2	Flat
£1,800	05/24	0.18 mi	-	2	Flat
£1,975	05/24	0.19 mi	-	2	Flat
£1,850	06/24	0.19 mi	Etchingham Park Road London N3	2	Flat
£1,700	05/24	0.19 mi	Etchingham Court, Etchingham Park Road, Finchley, N3	2	Flat
£1,700	06/24	0.19 mi	Etchingham Court, Etchingham Park Road, Finchley, N3	2	Flat
£2,200	05/24	0.2 mi	Ballards Lane, London, N3	2	Flat
£1,700	04/25	0.2 mi	-	2	Flat
£1,700	04/25	0.2 mi	-	2	Flat
£1,900	05/24	0.2 mi	Nether Street London N3	2	Flat
£2,500	05/24	0.21 mi	-	2	Flat
£1,600	12/24	0.23 mi	Chislehurst Avenue, North Finchley, London, N12	2	Flat
£2,000	05/24	0.24 mi	Ballards Lane, Finchley, N12	2	Flat
£1,800	04/25	0.26 mi	-	2	Flat
£1,995	01/25	0.27 mi	-	2	Flat
£2,050	06/24	0.29 mi	Albany Court, London, N12	2	Flat
£1,900	06/24	0.29 mi	Albany Court, London, N12	2	Flat
£1,900	06/24	0.29 mi	-	2	Flat
£1,950	07/24	0.29 mi	Ballards Lane, Finchley	2	Flat
£1,950	09/24	0.29 mi	Ballards Lane, Finchley	2	Flat
£2,000	07/24	0.29 mi	Nether Street, Finchley. N3	2	Flat
£1,950	03/25	0.3 mi	-	2	Flat

Local Area Statistics

Population in N3	26,58426,584
Population in London	4,771,9214,771,921
Town centre distance	6.51 miles away6.51 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.19 miles away0.19 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 £465,000

March 24, 2025

Floor Plans

Description

TWO DOUBLE BEDROOMS +
RECEPTION ROOM +
WELL FITTED AND EQUIPPED KITCHEN +
MODERN BATHROOM WC +
ORIGINAL PARQUET FLOORING +
GAS C/H. DOUBLE GLAZING. +
COMMUNAL GARDENS. +
SHARE OF FREEHOLD +
LONG LEASE +
CHAIN FREE +

Spacious, recently modernised & well-presented TWO DOUBLE BEDROOM flat on ground floor of sought-after 1930’s built block; quietly set behind well-tended communal gardens. Shops, buses, Moss Hall Primary School, West Finchley underground station and Victoria Park are all nearby.

* TWO DOUBLE BEDROOMS
* RECEPTION ROOM
* WELL FITTED & EQUIPPED KITCHEN
* MODERN BATHROOM/WC
* ATTRACTIVE, WELL TENDED COMMUNAL GARDENS
* DOUBLE GLAZED
* ENTRYPHONE
* GAS CENTRAL HEATING
* ORIGINAL PARQUET WOOD BLOOK FLOORING
* RESIDENTS PERMIT CAR PARKING (NOT ALLOCATED)
* LONG LEASE
* SHARE OF FREEHOLD
* CHAIN FREE

ACCOMMODATION COMPRISES:

Communal entrance door with Entryphone. Own front door to:

ENTRANCE HALL Original wood blook flooring.

RECEPTION ROOM 13’11” x 12’11” (4.25 m x 3.93m). Bay window to front overlooking communal gardens. Original wood block flooring.

KITCHEN 9’3 x 8’11” (2.82m x 2.73m). Excellent range of base & wall units. Concealed wall mounted combi gas boiler. Worktops with inset stainless-steel sink. Integrated fridge / freezer, dishwasher and washing machine. Built-in oven, gas hob & hood. Window to rear.

BEDROOM ONE 12’7” x 10’8” (3.832m x 3.25m). Original wood block flooring.

BEDROOM TWO 10’11” x 10’11” (3.34m x 3.34m). Window overlooking communal gardens. Original wood block flooring.

BATHROOM / WC 8’3” x 5’9” (2.51m x 1.75m). White suite, comprising panelled bath with shower over. Wall hung wash basin. WC.

EXTERIOR

COMMUNAL GARDENS Attractive, ornate and peaceful communal gardens. Central area with pond.

CAR PARKING Residents permit car parking, not allocated. One permit per flat.

TENURE Share of Freehold

LEASE 174 years from 2008, I.E.157 years remaining.

SERVICE CHARGE £2,016.00 to year end March 2025.

COUNCIL TAX Band D, Barnet.

EPC Band C.

The agent has not tested any apparatus, equipment, fixtures, fittings or services, and so cannot verify they are in working order, or fit for their purpose, nor has the agent checked the legal documentation to verify the tenure of the property. The buyer is advised to obtain verification from their solicitor or surveyor. Photographs are for illustration only and may depict items which are not for sale or included in the sale of the property. All measurements quoted are approximate and their accuracy should not be relied upon. A prospective purchaser must check the availability of any property and make an appointment to view before embarking on any journey.

Agent Details

Bennett & Hall, London

020 8346 2208

Next Steps?

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