Four bedroom detached

£1,500,000 Offers in excess of

4

Bedrooms

3

Bathrooms

3

Reception

Floorplan

Addison Townsend are delighted to offer this stunning four bedroom detached property located on a quiet residential road within close proximity to Winchmore Hill Green which benefits from an 8m rear extension. The property boasts; two reception rooms, 8m kitchen/lounge/diner to rear, utility room, downstairs shower room, four spacious bedrooms, en suite shower room to main bedroom, family bathroom with seperate toilet, 95ft private rear garden, outbuilding with fitted kitchen, off street parking for multiple cars and space to side offer further potential to extend subject to planning. The house is located just 0.3miles to Winchmore Hill Station and The Green, within walking distance of local bus routes, 0.7 to Highlands School and 0.3 to Grange Park Primary School.

Property additional info

Porch:
Double glazed porch with tiled flooring

Hallway:
Glazed front door, radiator, under stairs storage, wood laminate flooring

Front Reception: 4.43m x 4.35m (14.53ft x 14.27ft)
Double glazed bay window to front, moulded cornices, radiator, feature fireplace, wall mounted lighting

Rear Reception: 4.66m x 3.80m (15.29ft x 12.47ft)
Wood laminate flooring, spot lighting, verticle radiator, under floor heating

Kitchen/Lounge/Diner: 8.01m x 6.04m (26.28ft x 19.82ft)
Nolte Kitchen Area - Range of wall and base units with Quartz worktops and glass splash back, breakfast bar and island, two integrated fridge/freezers, integrated oven, integrated oven/grill with warming tray, integreated induction hob, double sink with mixer tap including instand boiling water feature, integrated dish washer, wood laminate flooring with under floor heating, spot lighting Lounge/Diner - wood laminate flooring with under floor heating, double glazed door to side, double glazed bifolding doors to rear, access to utility room, spot lighting, integrated surround sound speakers

Utility: 2.34m x 1.47m (7.68ft x 4.82ft)
Range of wall and base units, plumbing for washing machine, stainless steel sink with mixer tap, double glazed window to side, wood laminate flooring

Downstairs Bathroom: 2.30m x 2.02m (7.55ft x 6.63ft)
Fully tiled three piece shower suite comprising; low level flush toilet, wall mounted sink with storage under, shower cubicle, frosted double glazed window to side, spot lighting, extractor fan

Landing:
Turning staircase to first floor, stained glass window to side

Bedroom Two: 4.53m x 3.87m (14.86ft x 12.70ft)
Double glazed bay window to front, coved cornices, wood laminate flooring, radiator

Bedroom Three: 4.38m x 3.86m (14.37ft x 12.66ft)
Double glazed window to rear, coved cornices, wood laminate flooring, radiator

Bedroom Four: 2.73m x 2.42m (8.96ft x 7.94ft)
Double glazed window to front, coved cornices, wood laminate flooring, radiator

Bathroom: 2.56m x 2.39m (8.40ft x 7.84ft)
Tiled bathroom suite, panel bath with shower attachment, vanity wash hand basin with a range of storage under, frosted double glazed window to rear, extractor fan, airing cupboard housing mega flow heating system, radiator

Seperate Toilet:
Low level flush toilet, wall mounted sink

Bedroom One: 5.94m x 4.86m (19.49ft x 15.94ft)
Double glazed Juliet balcony doors to rear, double glazed window to rear, velux windows to front, radiator, wood laminate flooring with under floor heating, fitted wardrobes, storage cupboard in eaves to front and rear, spot lighting

En Suite: 2.04m x 1.41m (6.69ft x 4.63ft)
Tiled shower room suite comprising; low level flush toilet, shower cubicle, wash hand basin with storage under, velux window to rear, storage to eaves, radiator

Out Building/Kitchen: 4.30m x 2.31m (14.11ft x 7.58ft)
Range of wall and base units, integrated oven with hob and extractor fan, stainless steel sink with mixer tap and drainer board, tiled flooring, double glazed door to side and rear, double glazed windows to side and front

Garden: 32.39m x 8.21m (106.27ft x 26.94ft)
Paved patio area leading to laid lawn, coverd seating area with spot lighting and power, vegetable patch, side access, power and lighting throughout garden

Space To Side: 8.58m x 3.08m (28.15ft x 10.10ft)
Paved area, access to kitchen, access to front

Off Street Parking:
Paved driveway for multiple cars

Nearest Stations:

0.33 miles
Winchmore Hill
0.33 miles
Grange Park
1.12 miles
Enfield Chase
1.19 miles
Southgate
1.33 miles
Enfield Town

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 1256450

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 37500
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 131450
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

This is the percentage of the rent that you will spend maintaining the property.

£

Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

£

Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

£

This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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