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155 High Street, London, N14 6BP
£2,500,000
Bedrooms
Bathrooms
Reception
The property, which has been tastefully refurbished by the current owners, is currently arranged with six bedrooms, four bathrooms and three reception rooms.Upon entering, you are greeted by a spacious & welcoming entrance hall. The ground floor features two main reception rooms, ideal for entertaining or relaxing, the rear 'library' housing a traditional open fireplace. Natural light floods the conservatory, creating a bright & airy atmosphere and seamlessly connects the indoor and outdoor living spaces. With direct access to the garden from both the kitchen and conservatory, you can enjoy al fresco dining or simply unwind in the tranquility of the surroundings. The well-appointed kitchen boasts modern appliances and ample storage, catering to the needs of any family. The open plan design enhances the sense of space, making it an inviting area. On the first floor, you will find 4 spacious bedrooms. The master includes an en-suite bathroom with double sinks, adding convenience & luxury. Additionally, a four-piece bathroom serves the remaining bedrooms, ensuring optimal comfort for all residents. The top floor boasts two bedrooms, both with en-suites, offering flexibility for use as guest quarters, home offices, hobby rooms or teenage bedrooms. The eaves provide ample storage space. The large, mature & maintained garden further enhances the allure of the property, providing a secluded park-like oasis to relax or entertain in. to the front is a large carriage driveway, providing space for several vehicles., large entrance hall and 30' x 20' Kitchen/Dining/Living room. Further benefits include a comprehensive commercial alarm system, automatic floodlighting to the frontage, new Vaillant boiler and original character cornicing throughout. An exceptional property.
The location is one of Southgate's "premier" addresses and is within easy reach of both Palmers Green Station (0.5 miles),providing access in to central London in approximately 35 minutes to Moorgate,and Arnos Grove Underground (0.5 miles) stations (Piccadilly Line).
Map location is not available for this property.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
155 High Street, London, N14 6BP
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