2 Bed Flat, Single Let, London, N22 8JN £550,000

Lascotts Road, London, N22 8JN - a year ago
Sold STC
BTL
~74 m²
Property image
Property image
Property image
Property image

ValuationOvervalued

Sold Prices£210K - £600K
Sold Prices/m²£2.2K/m² - £10.5K/m²

 

 

Square Metres

~73.80 m²
Price/m²£7.5K/m²

Value Estimate

£502,783

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£137,500

Stamp Duty & Legal Fees

£46,200

Total Cash In

£183,700

 

 

Cash Out

 

Rent Range

£1,450 - £2,500

Rent Estimate

£1,500

Running Costs/mo

£2,039

Cashflow/mo

£-539

Cashflow/yr

£-6,465

Gross Yield

3%

Local Sold Prices

50 sold prices from £210K to £600K, average is £433.8K. £2.2K/m² to £10.5K/m², average is £6.8K/m².

Price
Date
Distance
Address
Beds
 
£230K09/230.05 mi28c, Lascotts Road, London, Greater London N22 8JN2
£403K06/210.05 miFlat A, 12, Lascotts Road, London, Greater London N22 8JN2
£375K06/210.06 mi13a, Cheshire Road, London, Greater London N22 8JJ2
£370K06/210.08 mi2a, Parkhurst Road, London, Greater London N22 8JQ2
£505K02/250.11 mi90, Flat A, Marlborough Road, Wood Green, London N22 8NN2
£520K12/220.11 mi112d, Marlborough Road, London, Greater London N22 8NN2
£480K06/210.11 mi116d, Marlborough Road, London, Greater London N22 8NN2
£520K11/240.14 mi67, Kelvin Avenue, London N13 4TH2
£345K06/210.15 mi231a, Whittington Road, London, Greater London N22 8YW2
£443K06/230.15 mi67, Marlborough Road, London, Greater London N22 8NJ2
£400K01/250.16 mi37, Ground Floor Flat, Kelvin Avenue, London, Greater London N13 4TH2
£525K06/250.16 miFlat A, 41, Palmerston Road, Wood Green, London N22 8QH2
£525K06/250.16 miFlat A, 41, Palmerston Road, Wood Green, London N22 8QH2
£400K05/250.17 mi56a, Kelvin Avenue, Southgate N13 4TG2
£400K05/250.17 mi56a, Kelvin Avenue, Southgate N13 4TG2
£375K03/250.17 mi54a, Kelvin Avenue, London N13 4TG2
£375K03/250.17 mi54a, Kelvin Avenue, London N13 4TG2
£438.8K10/210.17 miFirst Floor Flat, 2, Hampshire Road, London, Greater London N22 8LR2
£492K05/210.18 mi56, Kelvin Avenue, London, Greater London N13 4TG2
£385K04/230.18 mi141a, Whittington Road, London, Greater London N22 8YP2
£468K03/250.18 mi16, Lyndhurst Road, Wood Green, London N22 5AT2
£417K02/230.21 mi7a, Sidney Road, London, Greater London N22 8LT2
£432.5K02/230.21 mi27, Palmerston Road, London, Greater London N22 8QH2
£422K03/240.21 mi5a, Palmerston Road, London, Greater London N22 8QH2
£515K10/230.21 mi21a, Palmerston Road, London, Greater London N22 8QH2
£470K01/230.24 mi120, Lyndhurst Road, London, Greater London N22 5AT2
£480K10/230.24 mi4a, Woodside Road, London, Greater London N22 5HU2
£435K07/230.25 mi99, Lyndhurst Road, London, Greater London N22 5AX2
£600K03/250.26 miFlat A, 22, Woodside Road, Wood Green, London N22 5HU2
£435K01/230.26 mi13, Beech Road, London, Greater London N11 2DA2
£320K12/220.27 miFlat 4, Fernwood, Clarence Road, Wood Green, London, Greater London N22 8QE2
£330K02/250.29 mi51, Arcadian Gardens, Wood Green, London N22 5AG2
£380K12/240.29 mi110, Lyndhurst Road, Wood Green, London N22 5AT2
£500K06/210.3 mi4a, Elvendon Road, London, Greater London N13 4SJ2
£522.2K10/230.3 mi48a, Elvendon Road, London, Greater London N13 4SJ2
£395K12/230.31 miFlat 2, Tudor Court, Clarence Road, Wood Green, London, Greater London N22 8QD2
£443K08/210.31 mi67, Sylvan Avenue, London, Greater London N22 5JA2
£210K12/220.32 mi5, Westbury Road, London, Greater London N11 2DB2
£346K11/220.32 miFlat 17, Mohr Court, Nightingale Road, London, Greater London N22 8PX2
£220K04/240.33 mi32c, Woodside Road, London, Greater London N22 5HT2
£335K06/230.33 mi80b, Finsbury Road, London, Greater London N22 8PF2
£375K11/230.33 mi93a, Bowes Road, London, Greater London N13 4RU2
£510K07/240.33 mi72b, Clarence Road, Wood Green, London N22 8PW2
£461K06/250.35 mi141, Lyndhurst Road, Wood Green, London N22 5AY2
£440K12/240.35 mi180, Lyndhurst Road, Wood Green, London N22 5AU2
£475K02/240.35 mi92, Palmerston Crescent, London, Greater London N13 4NH2
£550K06/210.36 mi26, Whittington Road, London, Greater London N22 8YD2
£418K06/210.36 mi222, Lyndhurst Road, London, Greater London N22 5AU2
£450K01/230.36 mi174, Lyndhurst Road, London, Greater London N22 5AU2
£405K01/240.36 mi35, Hardwicke Road, London N13 4SL2

Local Rents

50 rents from £1.4K/mo to £2.5K/mo, average is £1.9K/mo.

Rent
Date
Distance
Address
Beds
 
£1,45005/240.02 miLascotts Road, Wood Green, N22 8JN2
£1,50011/250.04 miLascotts Road, N222
£1,79509/250.04 mi-2
£1,90009/250.05 miLascotts Road, Wood Green2
£2,10011/250.06 miPalmerston Road, Bounds Green, London2
£1,75006/250.06 miCheshire Road, Bounds Green Bowes Park, London2
£1,75006/240.07 miLascotts Road ,Wood Green, London, N222
£1,75006/240.07 miLascotts Road ,Wood Green, London, N222
£1,75007/240.07 miPalmerston Road, Wood Green2
£1,90007/240.08 mi-2
£1,79506/250.08 miPalmerston Road, Wood Green, London2
£1,75010/250.08 miPalmerston Road, Bounds Green, London2
£2,50001/250.08 mi-2
£2,15011/250.08 miSpencer Avenue, Palmers Green, N132
£2,10007/240.08 miPalmerston Road, N22, Bowes Park, London, N222
£2,20009/250.08 miPalmerston Road, N22, Bowes Park, London, N222
£1,95007/250.08 miParkhurst Road, Bowes Park/Bounds Green N222
£1,95009/250.08 miParkhurst Road, London2
£1,80006/240.1 mi-2
£1,85007/240.11 miParkhurst Road, N22 8JQ2
£1,90008/250.11 miParkhurst Road, N22 8JQ2
£2,50010/250.11 miMarlborough Road, Bounds Green, N222
£1,59509/250.11 mi-2
£2,20010/250.11 mi-2
£2,20009/250.11 miBowes Park, London, N222
£2,20008/250.11 miMyddleton Road, Wood Green, London2
£2,20007/250.13 miNatalie Mews, Marlborough Road, N22 8NL2
£2,20008/250.13 miNatalie Mews, Marlborough Road, N22 8NL2
£1,55012/240.13 mi-2
£1,65007/240.13 miMarlborough Road, Bowes Park, London, N222
£2,00008/250.13 miNatalie Mews, London, N222
£2,00009/250.13 miNatalie Mews, London, N222
£2,00009/250.13 miNatalie Mews, London, N222
£1,95010/250.13 miNatalie Mews, London, N222
£1,95010/250.13 miNatalie Mews, London, N222
£1,95011/250.13 mi-2
£1,50003/250.13 mi-2
£1,80007/250.13 miHigh Road, Wood Green, London, N222
£1,80009/250.13 miMyddleton Road, London, N222
£2,50006/250.13 miBelsize Avenue, London2
£1,80009/250.13 miHigh Road, Wood Green, N222
£1,70009/250.14 miBelsize Avenue, London, N132
£1,74602/250.14 miHigh Road, Bounds Green, N222
£1,80007/250.14 miHigh Road, Wood Green, N222
£1,85006/250.14 miPalmerston Road, London, N222
£1,75006/250.14 miPalmerston Road, London, N222
£1,75006/250.14 mi-2
£2,35005/240.14 mi-2
£2,29005/240.14 mi-2
£1,85010/250.14 miMarlborough Road, London, N222

Local Area Statistics

Population in N22

42,996

Population in London

4,771,921

Town centre distance

5.54 miles away

Nearest school

0.40 miles away

Nearest train station

0.31 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-9%

Sales demand

Buyer's market

Capital growth (5yrs)

+14%

Property History

Listed for £550,000

October 1, 2024

Floor Plans

Property image

Description

  • SPLIT LEVEL +
  • TWO DOUBLE BEDROOMS +
  • OPEN PLAN LIVING ROOM/KITCHEN +
  • PRIVATE GARDEN +
  • PRIVATE BALCONY +
  • FAMILY BATHROOM +
  • GROUND FLOOR WC +
  • SHARE OF FREEHOLD +

Element Properties & Co are proud to present this exceptional, split-level; two-bedroom apartment.

Exquisitely decorated and finished throughout, this prime duplex apartment is a must see! Boasting 794 SQ FT (74 SQM) of lateral space, the property is comprised of a large kitchen/reception covering the span of the ground floor, two-comfortable double bedrooms, a stunning bathroom, a separate W/C, a private, wrap around garden and a balcony off the first floor bedrooms.

The property is situated around the corner from Myddleton Road, boasting a variety of shops and cafes. In addition, the amenities of Green Lanes can be found only a short walk away and the green spaces of Alexandra Palace & Woodside Park offer a great escape from bustling city life – we recommend taking a stroll down the nearby New River Path. Further to the above, the weekly Alexandra Park Farmers Market is a must visit with offerings of fresh local produce. Myddleton Road also hosts its own monthly Sunday market which is well worth a visit.

Bowes Park Overground station is located only 0.5 miles away offering links around North and Central London. Passing stops include Finsbury Park, Highbury & Islington, Old Street and Moorgate alongside a variety of others. As a note, Finsbury Park Station is only a 9 minute train journey and Moorgate only an additional 15 minutes away from there. Furthermore, nearby Bounds Green Station (Piccadilly Line) is a good option for direct access to the tube into Central London.

The property is offered with a share of the freehold with an underlying lease of c118 years.
Council Tax Band - D - £1757.07 per annum.
There are no ground rent charges and the service charge is a portion of agreed costs with the co-freeholders alongside buildings insurance.

Agent Details

Element Properties & Co, London

020 3910 0796

Next Steps?

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