3 Bed Terraced House, Refurb/BRRR, London, N17 6RX, £585,000

Newlyn Road, Bruce Grove, London, N17 6RX - a month ago

Refurb/BRRR
ROI: 2%
~93 m²
+8 photos

ValuationOvervalued

Sold Prices£415K - £860K
Sold Prices/m²£3.9K/m² - £10.2K/m²

 

 

Square Metres

~93 m²
Price/m²£6.3K/m²

Value Estimate

£528,932

 

 

End Value (After Refurb)

£550,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£146,250

Stamp Duty & Legal Fees

£49,700

Refurb Costs

£49,200

Bridging Loan Interest

£15,356

Total Cash In

£262,256

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£550,000

Mortgage (After Refinance)

£412,500

Mortgage LTV

75%

Cash Left In

£262,256

Equity

£137,500

Rent Range

£1,900 - £5,763

Rent Estimate

£2,613

Running Costs/mo

£2,261

Cashflow/mo

£352

Cashflow/yr

£4,220

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £415K to £860K, average is £550K. £3.9K/m² to £10.2K/m², average is £5.9K/m².

PriceDateDistanceAddressBeds 
£650K01/210 mi3, Newlyn Road, London, Greater London N17 6RX3
£495K11/200.17 mi56, Birkbeck Road, Tottenham, London, Greater London N17 8NG3
£627K12/200.17 mi45, Bruce Castle Road, London, Greater London N17 8NL3
£690K12/200.17 mi14, Radley Road, London, Greater London N17 6RL3
£513.5K04/210.18 mi25, Birkbeck Road, Tottenham, London, Greater London N17 8NH3
£500K02/210.18 mi67, Bruce Castle Road, London, Greater London N17 8NL3
£640K06/230.23 mi85, The Avenue, Tottenham, London, Greater London N17 6TB3
£540K03/210.23 mi17, Parkhurst Road, London, Greater London N17 9RB3
£575K01/210.23 mi91, Woodside Gardens, London, Greater London N17 6UN3
£555K01/230.26 mi31, Burlington Road, London, Greater London N17 9UH3
£738K06/230.26 mi114, Broadwater Road, London, Greater London N17 6ET3
£572.5K03/210.27 mi27, Wimborne Road, London, Greater London N17 6EU3
£565K10/230.3 mi29, Seymour Avenue, London, Greater London N17 9RE3
£550K11/210.31 mi19, Rosebery Avenue, London, Greater London N17 9RY3
£510K04/210.32 mi27, Thackeray Avenue, London, Greater London N17 9DT3
£420K05/230.32 mi5, Moorefield Road, London, Greater London N17 6PX3
£471K10/210.32 mi11, Moorefield Road, London, Greater London N17 6PX3
£600K06/230.32 mi46, Thackeray Avenue, London, Greater London N17 9DY3
£550K08/230.32 mi40, Thackeray Avenue, London, Greater London N17 9DY3
£630K06/210.33 mi71, Sperling Road, London, Greater London N17 6UJ3
£525K01/210.33 mi8, Kimberley Road, London, Greater London N17 9BD3
£547.5K04/230.33 mi63, Dowsett Road, London, Greater London N17 9DL3
£490K03/210.34 mi52, St Loy's Road, London, Greater London N17 6UD3
£620K03/230.34 mi96, St Loy's Road, London, Greater London N17 6UD3
£480K12/200.34 mi19, Bromley Road, London, Greater London N17 0AR3
£625K09/220.34 mi25, Vicarage Road, London, Greater London N17 0BB3
£620K03/210.35 miAirlie, Drayton Road, London, Greater London N17 6HJ3
£717.5K09/210.4 mi30, Steele Road, London, Greater London N17 6YA3
£545K03/230.4 mi27, Dawlish Road, London, Greater London N17 9HN3
£555K07/230.41 mi46, Mafeking Road, London, Greater London N17 9BG3
£520K06/210.41 mi6, Mafeking Road, London, Greater London N17 9BG3
£550K09/210.41 mi76, Sherringham Avenue, London, Greater London N17 9RP3
£522.5K12/210.41 mi90, Seymour Avenue, London, Greater London N17 9ED3
£603K07/230.41 mi88, Seymour Avenue, London, Greater London N17 9ED3
£640K03/210.44 mi80, Greyhound Road, London, Greater London N17 6XN3
£625K03/230.44 mi92, Greyhound Road, London, Greater London N17 6XN3
£500K08/230.45 mi9, St Margarets Road, London, Greater London N17 6TY3
£415K09/210.48 mi265, The Roundway, London, Greater London N17 7AJ3
£465K05/210.48 mi273, Lordship Lane, London, Greater London N17 6AA3
£477.5K11/210.49 mi127, Sherringham Avenue, London, Greater London N17 9RU3
£610K06/230.49 mi133, Seymour Avenue, London, Greater London N17 9RH3
£500K03/220.49 mi66, Beaufoy Road, London, Greater London N17 8BU3
£860K03/230.49 mi12, Napier Road, London, Greater London N17 6YE3
£540K09/210.49 mi64, Scales Road, London, Greater London N17 9EZ3
£517K01/210.5 mi37, Park View Road, London, Greater London N17 9AT3
£600K06/210.5 mi156, Thackeray Avenue, London, Greater London N17 9DX3
£490K03/210.52 mi7, Marshall Road, London, Greater London N17 7AR3
£640K06/210.52 mi195, The Avenue, Tottenham, London, Greater London N17 6JJ3
£415K09/210.53 mi19, Asplins Road, London, Greater London N17 0NG3
£660K04/210.53 mi122, Arnold Road, London, Greater London N15 4JH3

Local Rents

50 rents from £1.9K/mo to £5.8K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,50006/240.14 miSt. Andrews Court, Scotland Green, Tottenham, N173
£2,30005/240.17 mi-3
£2,40001/250.17 mi-3
£2,30005/240.17 miBirkbeck Road - Upper, London, N173
£2,45005/240.17 miBruce Castle Road, Tottenham, London, N173
£2,35005/240.19 mi-3
£2,30012/240.19 mi-3
£1,90006/240.2 miLansdowne Road, Tottenham N173
£2,00012/240.23 mi-3
£2,00004/250.24 mi-3
£2,50012/240.25 mi-3
£2,50012/240.25 mi-3
£2,50012/240.25 mi-3
£2,50012/240.25 mi-3
£2,50002/250.25 mi-3
£2,50002/250.25 mi-3
£2,50002/250.25 mi-3
£3,65004/250.25 mi-3
£2,50006/240.28 miLordsmead Road, London3
£2,20006/240.29 miLordsmead Road, Totenham, N173
£2,50012/240.32 mi-3
£2,20005/240.32 miThackeray Avenue, Tottenham, London, N173
£2,55005/240.33 mi-3
£2,55005/240.33 miLordship Lane, London, N173
£2,25005/240.36 miNew Villas, Baronet Road,London,N173
£5,76303/250.37 mi-3
£3,00012/240.4 miThe Roundway, Tottenham3
£2,69505/240.41 mi-3
£2,69005/240.41 mi-3
£2,69005/240.41 miBennington Road, London, N173
£2,60004/250.43 mi-3
£2,10012/240.45 mi-3
£2,60004/250.45 mi-3
£2,40004/250.46 mi-3
£2,25004/250.46 mi-3
£2,10002/240.48 mi-3
£2,00002/240.48 mi-3
£2,35005/240.48 miScales Road, Tottenham, London3
£2,85002/250.48 mi-3
£4,00001/250.49 mi-3
£3,00003/250.49 mi-3
£2,25012/240.5 mi-3
£2,25012/240.5 miPark View Road, London, N173
£2,35006/240.5 miHaringey3
£3,50012/240.51 miLansdowne Rd, London, N173
£2,15004/250.51 mi-3
£2,50003/240.52 miPark View Road, London, N173
£2,52004/250.53 mi-3
£2,20005/240.53 miAsplins Road, Tottenham, London, N173
£3,50012/240.53 mi-3

Local Area Statistics

Population in N17

62,843

Population in London

4,771,921

Town centre distance

5.03 miles away

Nearest school

0.10 miles away

Nearest train station

0.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £585,000

March 31, 2025

Floor Plans

Description

  • Walking distance to Bruce Grove station +
  • Victorian Freehold house +
  • 3/4 Bedrooms +
  • 25 ft Through Lounge +
  • 112 Sqm of living space +
  • Potential to extend as well as build a loft conversion (STPP) +
  • Ideal for someone looking to put their own stamp and Character +
  • Chain Free +
  • Call Knights to book your viewing +

Chain Free. Knights are delighted to offer for sale this 3/4 bedroom Victorian bay fronted terraced home benefiting from 112 sqm of living space. The property is in need of updating and will suit someone looking for the doer upper who is looking to put their own stamp and character in as well as add value. This property is located within walking distance to the High Road, Bruce Castle Park & Bruce Grove Rail station.

Newlyn Road is a short walk from the famed White Hart Lane/ Bruce Grove Overground Station with direct links and convenient access to Seven Sisters Tube Station (Victoria Line - Zone 3) and moments from Tottenham High Road with it's excellent selection of restaurants, cafés and convenience stores and within a few minutes walk from Lancasterian Primary. Bruce Castle Park is just a short stroll and is situated in what was once known as the "Old Tottenham Village"

Tenure: Freehold
Epc Rating: D
Council Tax band: D

Agent Details

Knights Residential, London

020 3889 9185

Next Steps?

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