2 Bed Flat, Single Let, London, N3 3SJ, £400,000

Hendon Lane, Finchley Central, N3 3SJ - 1 views - 7 months ago

BTL
ROI: 1%
~69 m²
+11 photos

ValuationUndervalued

Sold Prices£262K - £1.3M
Sold Prices/m²£4K/m² - £9K/m²

 

 

Square Metres

~68.93 m²
Price/m²£5.8K/m²

Value Estimate

£480,508
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£28,700

Total Cash In

£128,700

 

 

Cash Out

 

Rent Range

£1,600 - £2,850

Rent Estimate

£1,750

Running Costs/mo

£1,620

Cashflow/mo

£130

Cashflow/yr

£1,560

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £262K to £1.3M, average is £415K. £4K/m² to £9K/m², average is £6.7K/m².

PriceDateDistanceAddressBeds 
£410K06/210.11 miFlat 7, Paul Court, Windsor Road, London, Greater London N3 3SP2
£307K11/200.11 miFlat 59, Greenacres, Hendon Lane, London, Greater London N3 3SF2
£490K11/210.12 miFlat 6, Greenacres, Hendon Lane, London, Greater London N3 3SF2
£470K06/210.12 miFlat 70, Greenacres, Hendon Lane, London, Greater London N3 3SF2
£477.5K03/230.21 miFlat 10, Arundel Lodge, Salisbury Avenue, London, Greater London N3 3AL2
£400K02/230.22 mi26, Arden Road, London, Greater London N3 3AN2
£625K02/210.24 mi3b, St Marys Avenue, London, Greater London N3 1SN2
£265K10/200.25 miFlat 43, Grove House, Waverley Grove, London, Greater London N3 3PU2
£455K10/200.32 miFlat 1, Clifford Lodge, Bibsworth Road, London, Greater London N3 3RS2
£575K10/220.33 miFlat 65, Mayflower Lodge, Regents Park Road, London, Greater London N3 3HX2
£555K06/210.34 miFlat 17, Chessington Lodge, Regents Park Road, London, Greater London N3 3AA2
£567.5K11/220.34 miFlat 26, Chessington Lodge, Regents Park Road, London, Greater London N3 3AA2
£610K01/210.35 miFlat 11, Mayflower Lodge, Regents Park Road, London, Greater London N3 3HU2
£360K06/210.36 miFlat 12, Fernside Court, Holders Hill Road, London, Greater London NW4 1JT2
£390K05/230.37 miFlat 4, Timberdene, Holders Hill Road, London, Greater London NW4 1LA2
£415K12/200.37 miFlat 19, Timberdene, Holders Hill Road, London, Greater London NW4 1LA2
£262K06/210.37 miFlat 2, Bibsworth Lodge, Bibsworth Road, London, Greater London N3 3RN2
£262K06/210.37 miFlat 2, Bibsworth Lodge, Bibsworth Road, London, Greater London N3 3RN2
£290K05/210.38 miFlat 1, Westchester Court, Westchester Drive, London, Greater London NW4 1RB2
£370K11/200.38 miFlat 4, Westchester Court, Westchester Drive, London, Greater London NW4 1RB2
£402.5K03/230.38 miFlat 21, Westchester Court, Westchester Drive, London, Greater London NW4 1RB2
£500K06/210.44 mi7, Boyne Avenue, London, Greater London NW4 2JL2
£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
£485K03/210.45 miFlat 2, Georgian Court, Dollis Avenue, London, Greater London N3 1TY2
£505K08/230.45 miFlat 1, Georgian Court, Dollis Avenue, London, Greater London N3 1TY2
£320K12/200.46 miFlat 9, Claydon House, Holders Hill Road, London, Greater London NW4 1LS2
£390K01/210.46 miFlat 32, Claydon House, Holders Hill Road, London, Greater London NW4 1LS2
£345K10/230.46 miFlat 26, Claydon House, Holders Hill Road, London, Greater London NW4 1LS2
£375K03/210.46 miFlat 33, Claydon House, Holders Hill Road, London, Greater London NW4 1LS2
£430K09/230.48 miFlat 13, Ellerton Lodge, East End Road, London, Greater London N3 3QH2
£385K06/230.48 miFlat 24, Ellerton Lodge, East End Road, London, Greater London N3 3QH2
£420K12/200.49 mi15, Orchard Avenue, London, Greater London N3 3NL2
£420K12/200.49 mi15, Orchard Avenue, London, Greater London N3 3NL2
£470K02/210.54 miFlat 19, Edinburgh House, Tenterden Grove, London, Greater London NW4 1TL2
£653K06/210.55 mi157, Holders Hill Road, London, Greater London NW7 1ND2
£415K10/200.55 mi33, Addison Way, London, Greater London NW11 6AL2
£507.5K11/230.57 miFlat 24, The Brookdales, Bridge Lane, London, Greater London NW11 9JU2
£561.5K02/210.57 miFlat 34, The Brookdales, Bridge Lane, London, Greater London NW11 9JU2
£315K05/210.59 mi11a, Albert Road, London, Greater London NW4 2SH2
£360K01/230.59 mi129, Beaufort Park, London, Greater London NW11 6BY2
£390K03/210.62 mi110, Beaufort Park, London, Greater London NW11 6BY2
£432K03/230.64 mi3a - 3b, Ashbourne Avenue, London, Greater London NW11 0DP2
£385K10/200.64 mi55, Addison Way, London, Greater London NW11 6AR2
£500K06/210.66 mi57, Dollis Park, London, Greater London N3 1HJ2
£305K02/210.67 miFlat 20, Thornfield Court, Holders Hill Road, London, Greater London NW7 1LW2
£1.3M03/210.67 mi92, Bridge Lane, London, Greater London NW11 0EL2
£385K05/240.67 mi41, Beaufort Park, London, Greater London NW11 6BS2
£475K12/220.68 mi61, Beaufort Park, London, Greater London NW11 6BT2

Local Rents

49 rents from £1.6K/mo to £2.9K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£2,05807/240.09 miBroughton Avenue, Finchley Central, London, N3 2
£2,00006/240.11 miWindsor Road London N32
£1,75007/240.11 miWindsor Road London N32
£2,20005/240.12 miIvor Court, 2 Chalgrove Gardens, Finchley, London, N32
£1,85010/240.12 mi-2
£2,40008/240.13 miHendon Lane, Finchley, London, N32
£2,55011/240.17 mi-2
£2,65010/240.18 mi-2
£1,80006/240.2 miSalisbury Avenue, Finchley, N32
£1,95005/240.23 miThe Terrace, Hendon Lane, Finchley, N32
£1,90006/240.24 miSalisbury Avenue, Finchley, N32
£2,85006/240.24 miHendon Lane, London, N32
£2,00008/240.25 miShakespeare Road, London, N32
£1,85001/250.25 mi-2
£2,00008/240.26 mi-2
£2,00008/240.26 miTemple Close, London, N32
£2,25005/240.27 mi-2
£2,20009/240.27 mi-2
£2,20007/240.27 miSt. Mary's Avenue, London, N32
£2,20008/240.27 miSt. Mary's Avenue, London, N32
£1,75007/240.28 miHolders Hill Crescent, Hendon, NW42
£1,75008/240.28 miHolders Hill Crescent, Hendon, NW42
£1,90005/240.29 miHendon Lane, Finchley2
£2,80006/240.3 mi-2
£2,85012/240.32 mi-2
£1,80006/240.34 mi-2
£1,80006/240.34 miRegents Park Road, London, N32
£1,80006/240.34 miRegents Park Road, London, N32
£1,75003/250.34 mi-2
£1,89512/240.34 mi-2
£1,97502/240.36 miHendon Lane, Finchley, London, N32
£2,17506/240.37 miFAIRVIEW COURT, Hendon, London, NW42
£2,20008/240.37 miFairview Court, Mill Hill, London, NW42
£2,00012/240.37 mi-2
£2,20005/240.37 miRegents Park Road, Finchley Central, N32
£2,15010/240.37 mi-2
£2,15003/250.37 mi-2
£2,20008/240.37 miLinksway London NW42
£2,20008/240.37 miLinksway, LONDON2
£2,40008/240.37 mi-2
£1,80003/250.38 mi-2
£1,80005/240.38 miHolly Park, Finchley, London, N32
£2,00006/240.38 miMountfield Road, Finchley2
£2,00008/240.38 miRegents Park Road, Finchley Central2
£1,60006/240.39 miMountfield Road, Finchley, N32
£1,75007/240.39 mi-2
£1,80004/250.39 mi-2
£2,05007/240.42 miStanhope Avenue, Finchley, N32
£2,10006/240.42 miEast End Road, London2

Local Area Statistics

Population in N3

26,584

Population in London

4,771,921

Town centre distance

6.32 miles away

Nearest school

0.20 miles away

Nearest train station

0.74 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-30%

Sales demand

Buyer's market

Capital growth (5yrs)

+19%

Property History

Price changed to £400,000

February 12, 2025

Listed for £425,000

September 19, 2024

Floor Plans

Description

  • Period building +
  • Top floor flat +
  • Two double bedrooms +
  • Open plan kitchen +
  • Share of Freehold +
  • CHAIN FREE +
  • Excellent transport links +
  • EPC - D +

For sale is this spacious two double bedroom top floor conversion apartment with Share of freehold, offering 699 sq ft of living space and sold on a CHAIN FREE basis.
The property is set within a handsome period building and offers lovely open views on the leafy surroundings, and is ideally located 0.8 miles to Finchley central underground station, close to local shops and parks.

Council Tax Band: D
Tenure: Share of Freehold
Original length of lease: 999 years
Date lease commences: 01/01/2016
Service charge: Approx: £1517 per annum
Ground Rent: Approx: £0 per annum

Council tax and, where applicable, lease information, service charges and ground rent are given as a guide only and should always be checked and confirmed by your Solicitor prior to exchange of contracts.

Agent Details

Kinleigh Folkard & Hayward - Sales, Finchley

020 3835 2714

Next Steps?

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