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: | 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 Profile | Pension, Business, Cash&Equity, University | |||||||
Crime: | Violence | Sexual | Burglary | Motor | ||||
Per 1000 population | 14 | 1 | 8 | 4 | ||||
Yield Range: | 5.5% - 7.5% | |||||||
Price Ranges | Low £ | Hi £ | Low £pw | Hi £pw | Low | Hi | ||
Studio flat | 90,000 | 135,000 | 130 | 160 | 6.2% | 7.5% | ||
1 bed flat | 120,000 | 165,000 | 140 | 210 | 6.1% | 6.6% | ||
2 bed flat | 155,000 | 265,000 | 180 | 340 | 6.0% | 6.7% | ||
2 bed house | 190,000 | 260,000 | 210 | 335 | 5.7% | 6.7% | ||
3 bed house | 235,000 | 395,000 | 250 | 430 | 5.5% | 5.7% | ||
Valuations above the London average by: | -5.0% (£229,662) | |||||||
Actual | London 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: | 6 | 3 | 3 | |||||
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: | Name | Address | Tel | Web | ||||
Bennett & Hall Estate Agency | 2 Long Lane, Church End, Finchley, London, N3 2PT | 020 8346 2208 | ||||||
Moss Kaye Pemberton | 22 Northways Parade, Finchley, London, NW3 5EN | 020 7724 7442 | www.mosskaye.co.uk | |||||
Martyn Gerrard Estate Agents | 365 Regents Park Road, Finchley, London, N3 1DE | 020 8346 0102 | www.martyngarrard.co.uk | |||||
Philip Fisher & Co | 3 Dancastle Court, Arcadia Avenue, Finchley, London, N3 2JU | 020 8343 3636 | ||||||
Mann & Co | 336 Regents Park Road, Finchley, London, N3 2LN | 020 8343 2220 | ||||||
Arthur Benabo | 7 Ballards Lane, Finchley, London, N3 1UX | 020 8346 5911 | www.abenabo.co.uk | |||||
Gordon Linke & Co | 7 Ballards Lane, Finchley, London, N3 1UX | 020 8345 5911 | ||||||
David Harris & Company | 358 Regents Park Road, Finchley, London, N3 2LJ | 020 8346 9122 | www.davidharris.co.uk | |||||
Rennick Stark Parntership | 266 Regents Park Road, Finchley, London, N3 3HN | 020 8371 9977 | www.rennick-stark.com | |||||
Jeremy Leaf & Co | 863 High Road, Finchley, London, N12 8PT | 020 8446 4295 | www.jeremyleaf.co.uk | |||||
JAC Strattons | 348 Regents Park Road, Finchley, London, N3 2LT | 020 8349 5060 | ||||||
Letting Agents: | Name | Address | Tel | Web | ||||
Barnard Marcus | 020 8446 0000 | www.sequencehome.co.uk | ||||||
Duchy Lettings Ltd | 131 High Street, Barnet, EN5 5UZ | 020 8440 4262 | www.duchyestates.co.uk | |||||
London-Tokyo Property Services Ltd | 351B Regents’ Park Road, London, N3 1DH | 020 8343 2306 | www.london-tokyo.co.uk | |||||
Anscombe & Ringland | 338 Regents Park Road, Finchley, London, N3 2LN | 020 8349 3320 | www.chancellors.co.uk | |||||
Countrywide Residential Lettings Ltd | 020 8445 8893 | www.rightmove.co.uk | ||||||
David Harris & Co | 358 Regent's Park Rd Finchley Central London N3 2LJ | 020 8346 9122 |