Christopher Charles says ..
A rare opportunity to acquire two houses next door to each other of multiple occupancy with a total annual rental income of £140,000. Both houses have five bedrooms, private gardens, and are sold with tenants in situ.
Property Oracle says ..
The property is located in Finsbury Park, Islington, a popular area of London. The area benefits from good transport links, with Finsbury Park station being approximately 1.01 KM away offering connections to various parts of London. There are also several schools nearby, including Montem Primary School and Christ The King Catholic Primary School, both rated as “Good” by Ofsted. The property itself appears to be a terraced house in reasonable condition, although the provided images do not allow for a full assessment. The property includes a small garden area. Pricing in the area is variable, with properties ranging from £115,000 to £525,000 on Ray Walk alone. Without more specific details on the property’s square footage and condition, it is difficult to definitively assess the value for money, however, the list price of £700,000 seems potentially high compared to some nearby properties, particularly considering the limited plot size.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 5
- Condition
- 6
- Location
- 8
- Land
- 3
- Bedrooms
- 5
- Bathrooms
- 5
- Sqft (est)
- 1,218.47
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 493,333.00 £Decreased by 29.75 %
- Est sale value
- 916,289.44 £Decreased by 12.66 %
- Average area rental value
- 2,514.00 £/moIncreased by 5.59 %
- Est letting value
- 3,655.41 £/moIncreased by 50.00 %
- Est rental Yield
- 6.12 %Increased by 50.37 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
Christopher Charles created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Hornsey Road Childrens Centre | Children's Centre | 0.20 KM | |
| Montem Primary School | Community School | Good | 0.21 KM |
| Christ The King Catholic Primary School | Voluntary Aided School | Good | 0.38 KM |
| Pooles Park Primary School | Community School | Good | 0.39 KM |
| North Islington Nursery School And Children'S Centre | Children's Centre | 0.42 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Franchise Place | £ 0 | 0 | 0.00 KM |
| Pine Grove | £ 450,000 | 0 | 0.00 KM |
| Nightingale Court | £ 415,000 | 0 | 0.00 KM |
| Tollington Mews | £ 0 | 0 | 0.00 KM |
| Cornwallis Square | £ 250,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Crouch Hill | 7406 | CRH | 0.94 KM |
| Finsbury Park | 6119 | FPK | 1.01 KM |
| Upper Holloway | 1524 | UHL | 1.57 KM |
| Drayton Park | 6000 | DYP | 1.57 KM |
| Harringay | 6012 | HGY | 1.96 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Todds Walk, London, N7 | £ 465,000 | BUY | Unknown | 0.07 KM |
| Hanmer Walk, Islington, London, N7 | £ 615,000 | BUY | 5 / 10 | 0.09 KM |
| Todds Walk, London, N7 | £ 475,000 | BUY | 5 / 10 | 0.10 KM |
| Hornsey Road, London | £ 595,000 | BUY | Unknown | 0.15 KM |
| Tiltman Place, Finsbury Park, London, N7 | £ 550,000 | BUY | 6 / 10 | 0.15 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 48 Ray Walk | £ 525,000 | 0.04 KM |
| 37 Ray Walk | £ 430,000 | 0.04 KM |
| 19 Ray Walk | £ 110,000 | 0.04 KM |
| 51 Ray Walk | £ 335,000 | 0.04 KM |
| 11 Ray Walk | £ 420,000 | 0.04 KM |