2 Bed Flat, Single Let, London, N9 0QB, £210,000

ANVIL HOUSE Fore Street, London, Greater London, N9 0QB - 3 views - 6 months ago

Leasehold
BTL
ROI: 9%
64 m²
+2 photos

ValuationUndervalued

Sold Prices£165K - £415K
Sold Prices/m²£2.4K/m² - £7.2K/m²

 

 

Square Metres

63.53 m²
Price/m²£3.3K/m²

Value Estimate

£256,200
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£7,500

Total Cash In

£60,000

 

 

Cash Out

 

Rent Range

£1,450 - £3,500

Rent Estimate

£1,400

Running Costs/mo

£956

Cashflow/mo

£444

Cashflow/yr

£5,325

ROI

9%

Gross Yield

8%

Local Sold Prices

43 sold prices from £165K to £415K, average is £270K. £2.4K/m² to £7.2K/m², average is £4.9K/m².

PriceDateDistanceAddressBeds 
£165K09/200.07 mi18, Joyce Avenue, London, Greater London N18 2TP2
£233K02/220.12 miFlat 7, Bridport House, Colyton Way, London, Greater London N18 2XJ2
£300K06/210.26 mi106, Middleham Road, London, Greater London N18 2SD2
£307K03/210.34 mi69, Northumberland Park, London, Greater London N17 0TG2
£285K11/220.37 mi1, Taylor Close, London, Greater London N17 0UB2
£245K02/220.4 mi6, Inverness Road, London, Greater London N18 2EE2
£342K02/230.42 mi123, Northumberland Park, London, Greater London N17 0TL2
£265K07/220.45 mi28, Herne Mews, London, Greater London N18 2QZ2
£251K10/210.45 mi14, Dickens Lane, London, Greater London N18 1PH2
£230K06/220.46 mi23, Dickens Lane, London, Greater London N18 1PH2
£275K04/230.47 mi26, Culpepper Close, London, Greater London N18 2DZ2
£270K03/230.47 mi12, Culpepper Close, London, Greater London N18 2DZ2
£310K04/210.48 mi17, Academia Way, London, Greater London N17 8HE2
£270K11/210.53 mi50, Leopold Road, London, Greater London N18 2HX2
£320K08/210.53 miFlat 37, Somerset Hall, Creighton Road, London, Greater London N17 8SH2
£275K11/200.53 miFlat 55, Somerset Hall, Creighton Road, London, Greater London N17 8SH2
£266K12/210.54 mi70, Leopold Road, London, Greater London N18 2HX2
£260K04/210.54 mi46, Leopold Road, London, Greater London N18 2EW2
£260K12/220.55 mi52, Pycroft Way, London, Greater London N9 9XY2
£245K07/220.56 mi82, Wigston Close, London, Greater London N18 1XF2
£255K06/220.56 mi49, Tanners End Lane, London, Greater London N18 1PQ2
£290K11/220.56 miFlat 46, Somerset Hall, Creighton Road, London, Greater London N17 8SH2
£250K08/220.56 mi55, Tanners End Lane, London, Greater London N18 1PQ2
£250K01/220.57 mi56, Leopold Road, London, Greater London N18 2HX2
£270K11/210.57 mi50, Leopold Road, London, Greater London N18 2HX2
£243K02/230.58 mi38, Tanners End Lane, London, Greater London N18 1PG2
£270K09/220.59 mi49, Pycroft Way, London, Greater London N9 9XU2
£274K03/230.59 mi10, Park Lane Close, London, Greater London N17 0HL2
£260K03/210.59 mi53, Pycroft Way, London, Greater London N9 9XU2
£262K05/210.62 miFlat 4, Romany House, Beaconsfield Road, London, Greater London N9 0PY2
£245K03/210.66 miFlat 14, Corbridge House, Northumberland Park, London, Greater London N17 0QE2
£285K07/230.67 miFlat 3, Whittingham House, Northumberland Park, London, Greater London N17 0QG2
£257.5K09/210.69 mi42, Grilse Close, London, Greater London N9 0UU2
£321K06/210.72 mi28, Gascoigne Close, London, Greater London N17 8BA2
£315K10/230.74 mi16a, Sunnyside Road North, London, Greater London N9 9SW2
£275K03/220.77 mi41, Jeremys Green, London, Greater London N18 2NB2
£318K10/200.78 mi24, Shelbourne Road, London, Greater London N17 9YH2
£415K04/230.82 mi52, Pembury Road, London, Greater London N17 8LY2
£262K03/210.92 mi40, Siddons Road, London, Greater London N17 9UT2
£400K11/220.92 mi46, Siddons Road, London, Greater London N17 9UT2
£258K12/200.98 mi21, All Saints Close, London, Greater London N9 9AT2
£335K06/211 mi157, Shelbourne Road, London, Greater London N17 9YD2
£326K06/211 mi161a, Shelbourne Road, London, Greater London N17 9YD2

Local Rents

50 rents from £1.4K/mo to £3.5K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,75003/250.03 mi-2
£1,85006/240.16 miLeyburn Grove, Edmonton, London2
£1,95006/240.2 miLancaster Road, Edmonton2
£1,70006/240.22 miBrantwood Road, Tottenham, London, N172
£1,90005/240.27 mi-2
£2,05012/240.28 mi-2
£2,00003/250.28 mi-2
£2,20003/250.28 mi-2
£1,85003/250.28 mi-2
£1,45012/240.29 mi-2
£1,85003/250.3 mi-2
£1,85002/250.31 mi-2
£1,80012/240.32 mi-2
£2,15012/240.33 mi-2
£1,70012/240.33 mi-2
£2,00012/240.33 mi-2
£3,50002/250.33 mi-2
£1,74506/240.34 miVictoria Road,2
£1,69506/240.34 miVictoria Road,2
£2,49501/250.35 mi-2
£2,49502/250.35 mi-2
£2,39502/250.35 mi-2
£2,34502/250.35 mi-2
£2,34502/250.35 mi-2
£2,34502/250.35 mi-2
£2,19503/250.35 mi-2
£1,80005/240.4 mi-2
£1,95001/250.41 mi-2
£1,80005/240.42 miTrulock Road, Northumberland Park, Tottenham, London, N172
£1,82512/240.42 mi-2
£1,66205/240.43 miTrulock Road, Tottenham, London, N172
£1,75006/240.43 miTrulock Road, Tottenham, London, N172
£2,40003/250.43 mi-2
£1,68003/250.47 mi-2
£1,80005/240.48 mi2 Bedroom Flat – Academia Way, White Hart Lane N172
£1,60001/250.48 mi-2
£1,55005/240.5 miCulpepper Close, Edmonton, London, N182
£1,80003/250.51 mi-2
£1,80003/250.51 mi-2
£2,00006/240.52 mi-2
£1,60006/240.53 miSomerset Hall, Creighton Road, Tottenham N172
£1,59005/240.54 miWarwick Road, Edmonton, N182
£1,60001/250.54 mi-2
£1,70012/240.54 mi-2
£1,90003/250.54 mi-2
£1,97503/250.54 mi-2
£2,50006/240.54 miCreighton Road, N172
£1,90001/250.54 mi-2
£1,75003/250.54 mi-2
£1,75001/250.55 mi-2

Local Area Statistics

Population in N9

51,422

Population in London

4,771,921

Town centre distance

6 miles away

Nearest school

0.10 miles away

Nearest train station

0.91 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+26%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Listed for £210,000

October 1, 2024

Sold for £145,000

2007

Description

  • Two double bedrooms +
  • Spacious living room +
  • Ideally located to Edmonton Green shopping and train station +
  • 107 Years Lease +
  • Gas Central Heating +

OPEN TO SENSIBLE OFFERS ! INVESTMENT BUY TO LET ONLY - THIS PROPERTY IS BEING SOLD WITH TENANTS IN SITU.  A fourth floor two bedroom spacious flat with a long lease of 107 years unexpired. The property is ideally located a short walk to both Edmonton Green shopping center and over ground train station. The property would make an ideal rental investment, and currently generates a rental income of £1,400pcm. Leasehold London Borough of Enfield Council Tax Band A

Agent Details

John Grants Estate Agents Ltd, London

024 7542 2200

Next Steps?

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