CONTENTS: INTRODUCTION, UNDERSTANDING THE TEMPLATES, BETHNAL GREEN, PADDINGTON, BARNES, ACTON, KINGS CROSS, CAMDEN, CHISWICK, CLAPHAM, CROUCH END, EAST DULWICH, EALING, FINCHLEY, GOLDERS GREEN, HAMMERSMITH, BELSIZE PARK, HIGHGATE, HOLLAND PARK, ISLINGTON, KENNINGTON, KENSINGTON, TUFNELL PARK, KILBURN, MAIDA VALE, MUSWELL HILL, NOTTING HILL, PIMLICO, POPLAR, PUTNEY, RICHMOND, SHEPHERDS BUSH, COVENT GARDEN, ELEPHANT & CASTLE, GREENWICH, STEPNEY, FRIERN BARNET, WANDSWORTH, WEST HAMPSTEAD, WIMBLEDON, BERMONDSEY, PROPOSED TUBE STATIONS, PROPOSED RAIL STATIONS, POWER OF THE POSTCODES, CONGESTION ZONE
Area: | Friern Barnet | |||||||
Catergory: | C | |||||||
Postcode: | N11 | |||||||
In Congestion Zone: | No – 8.4 miles outside. | |||||||
Parking and Traffic: | Free. A406 gets congested. | |||||||
Ethnicity Bias: | None | |||||||
Investor Profile | Pension, Business, Cash&Equity & Retirement. | |||||||
Crime: | Violence | Sexual | Burglary | Motor | ||||
Per 1000 population | 14 | 1 | 8 | 4 | ||||
Yield Range: | 3.6% - 6.7% | |||||||
Price Ranges | Low £ | Hi £ | Low £pw | Hi £pw | Low | Hi | ||
Studio flat | 100,000 | 125,000 | 110 | 160 | 5.7% | 6.7% | ||
1 bed flat | 130,000 | 220,000 | 135 | 190 | 4.5% | 5.4% | ||
2 bed flat | 145,000 | 350,000 | 185 | 290 | 4.3% | 6.6% | ||
2 bed house | 200,000 | 430,000 | 200 | 300 | 3.6% | 5.2% | ||
3 bed house | 225,000 | 480,000 | 260 | 450 | 4.9% | 6.0% | ||
Valuations above the London average by: | 15.0% (£278,174) | |||||||
Actual | London Average | |||||||
Capital growth last 12 months: | 25.6% | 19% | ||||||
Capital growth last 48 months: | 81.7% | 89% | ||||||
Tube: | Totteridge & Whetstone Northern Line (Zone 4) – 34 mins to Tottenham Court Road. | |||||||
Demand For Letting: | Good | |||||||
Average void period: | 8 days | |||||||
Total (out of 10) | Capital Growth (out of 5) | Yield (out of 5) | ||||||
Out of 10: | 6 | 4 | 2 | |||||
Summary: | You get the best of both worlds – close to the city plus country living. | |||||||
Sought After Streets: | Friern Barnet Road and Woodhouse Road. | |||||||
Description: | On the borders of Hertfordshire it is an easy exit out of London. Its next to the A406 and not its not too far from the A1 and M1 exits. Flats for sale are readily available and the community is a mixed one – commuters as well as locals. I find this area a safe place to put your money. You have tenant demand from both the young and the old so you are not relying on one type of tenant. Not as you are if you have a flat in the Docklands where only a city worker would consider living there. The area is next to the very green and very expensive Totteridge. The benefits of this area can be easily accessed as most residents of Friern Barnet are car owners. The tube station listed above is a good 10 minute walk but the area is serviced by New Southgate Station which takes you in to Kings Cross. Friern Barnet is a much cheaper alternative to Totteridge if you can find the equivalent type of housing – basically large houses. Capital growth will be realized here when everyone is priced out of the surrounding affluent areas. | |||||||
Estate Agents: | Name | Address | Tel | Web | ||||
Adam Kennedy | 10 Queens Parade, Brownlow Road, London, N11 2DN | 020 8881 5288 | www.adamkennedy.co.uk | |||||
Michael Grove Estate Agents | 345 Bowes Road, London, N11 1AA | 020 8361 0303 | ||||||
Wilkinson Byrne | 3 Latham Court, Brownlow Road, London, N11 2ES | 020 8365 8900 | ||||||
APS Estates | 50, Caledonian Rd London N1 9DP | 020 7833 5070 | www.apsestates.com | |||||
Simon Clarke Residential | 130, Ballards Lane London N3 2PA | 020 8349 9000 | www.simonclarke.co.uk | |||||
Austin Chambers & Co | 191, Woodhouse Rd London N12 9AY | 020 8368 6282 | www.austinchambers.co.uk | |||||
Letting Agents: | Name | Address | Tel | Web | ||||
Anscombe & Ringland | 338 Regents Park Road, Finchley, London, N3 2LN | 020 8349 3320 | www.chancellors.co.uk | |||||
Barnard Marcus | 020 8446 0000 | www.sequencehome.co.uk | ||||||
Best Lettings Ltd | 73 Friern Barnet Road, London, N11 3EH | 020 8361 4303 |