Area:Finchley
Catergory:C
Postcode:N3
In Congestion Zone:No – 7.4 miles outside.
Parking and Traffic:Permits & Meters.  Free in suburbs.  No significant traffic trouble spots.
Ethnicity Bias:Japanese
Investor ProfilePension, Business, Cash&Equity, University
Crime:ViolenceSexualBurglaryMotor
Per 1000 population14184
Yield Range:5.5% - 7.5%
Price Ranges  Low £Hi       £Low £pwHi £pwLowHi
Studio flat90,000135,0001301606.2%7.5%
1 bed flat120,000165,0001402106.1%6.6%
2 bed flat155,000265,0001803406.0%6.7%
2 bed house190,000260,0002103355.7%6.7%
3 bed house235,000395,0002504305.5%5.7%
Valuations above the London average by:-5.0% (£229,662)
ActualLondon Average
 Capital growth last 12 months:7.9%19%
 Capital growth last 48 months:60.6%89%
 Tube:Finchley Central Northern Line (Zone 4) – 10 minutes to Euston.
 Demand For Letting:Good
 Average void period:9 days
Total

(out of 10)

Capital Growth

(out of 5)

Yield

(out of 5)

Out of 10:633
 Summary:Great road, tube and rail links and popular with renters.
Sought After Streets:Bedford Rd, Hertford Rd, Huntingdon Rd and Lincoln Rd.
 

Description:

I don’t particularly like this place and I find it quite drab.  So why is it a hotspot?  To be more precise it’s a ‘Hot Stop’.  There was an article in the Evening Standard that highlighted this startling fact: The average price of 2-3 bed home across the 228 tube stops between zones 2-6 were highest on the Northern Line at £270,456.  This was a six month survey carried out by the Woolwich.  The Finchley area has four tube stations on this line – Finchley Central, East Finchley, West Finchley and Woodside Park all within zones 2-6.  Now I don’t know quite what significant the actual tube line has on a property price (unless the line is notoriously unreliable) but I am happy to include this area as a wildcard entry.

Overlooking the statistical analysis and looking to the fundamentals it has good road links – near the A406, its 7 miles from the centre, close to Brent Cross Shopping Centre and its green in places.

There’s a lot of investors here (isn’t there everywhere?) probably due to the abundance of flats and its proximity to the centre, so you have to act fast if you want to get a piece of the action.  Demand is from commuters and young families and always will be.  There is nothing to say that demand will not be strong in future due to its 4 tube stops.

 Estate Agents:NameAddressTelWeb
Bennett & Hall Estate Agency2 Long Lane, Church End, Finchley, London, N3 2PT020 8346 2208
Moss Kaye Pemberton22 Northways Parade, Finchley, London, NW3 5EN020 7724 7442www.mosskaye.co.uk
Martyn Gerrard Estate Agents365 Regents Park Road, Finchley, London, N3 1DE020 8346 0102www.martyngarrard.co.uk
Philip Fisher & Co3 Dancastle Court, Arcadia Avenue, Finchley, London, N3 2JU020 8343 3636
Mann & Co336 Regents Park Road, Finchley, London, N3 2LN020 8343 2220
Arthur Benabo7 Ballards Lane, Finchley, London, N3 1UX020 8346 5911www.abenabo.co.uk
Gordon Linke & Co7 Ballards Lane, Finchley, London, N3 1UX020 8345 5911
David Harris & Company358 Regents Park Road, Finchley, London, N3 2LJ020 8346 9122www.davidharris.co.uk
Rennick Stark Parntership266 Regents Park Road, Finchley, London, N3 3HN020 8371 9977www.rennick-stark.com
Jeremy Leaf & Co863 High Road, Finchley, London, N12 8PT020 8446 4295www.jeremyleaf.co.uk
JAC Strattons348 Regents Park Road, Finchley, London, N3 2LT020 8349 5060
 Letting Agents:NameAddressTelWeb
Barnard Marcus020 8446 0000www.sequencehome.co.uk
Duchy Lettings Ltd131 High Street, Barnet, EN5 5UZ020 8440 4262www.duchyestates.co.uk
London-Tokyo Property Services Ltd351B Regents’ Park Road, London, N3 1DH020 8343 2306www.london-tokyo.co.uk
Anscombe & Ringland338 Regents Park Road, Finchley, London, N3 2LN020 8349 3320www.chancellors.co.uk
Countrywide Residential Lettings Ltd020 8445 8893www.rightmove.co.uk
David Harris & Co358 Regent's Park Rd Finchley Central
London
N3 2LJ
020 8346 9122