Three bedroom end of terrace house

£680,000 Guide Price

3

Bedrooms

1

Bathrooms

2

Reception

Floorplan

This beautifully extended three-bedroom end-of-terrace house offers modern living with a bright and spacious feel throughout. The home has been thoughtfully extended to the rear with a sunroom featuring underfloor heating, perfect for year-round enjoyment.

The front reception room is generously sized and filled with natural light. Upstairs, youll find three well-proportioned bedrooms, all with fitted wardrobes, and a family bathroom. The staircase and upper floor are carpeted for added comfort. The loft has been fully insulated and boarded, providing excellent storage space with the opportunity to extend (stpp) for a further double bedroom and bathroom.

The northeast-facing rear garden offers a peaceful retreat, and a garage, accessible from the rear, provides secure parking or additional storage. A brand-new boiler was installed in January 2024, ensuring energy efficiency. One of the standout features of this home is the added benefit of off-street parking for two cars, offering both convenience and security.

Situated within the catchment area for the highly regarded Monkfrith Primary School, this home is perfect for families. Additionally, Oakwood Underground Station (Piccadilly Line) and excellent bus links are just moments away, making commuting effortless. The vibrant Southgate High Street is also nearby, offering a fantastic selection of restaurants, pubs, supermarkets, and shops, bringing the best of city living to your doorstep.

Dont miss out on this fantastic opportunity contact us today to arrange a viewing.!

Nearest Stations:

0.5 miles
Oakwood
0.75 miles
Cockfosters
0.9 miles
Southgate
1.16 miles
Oakleigh Park
1.45 miles
New Barnet

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

£ 563700

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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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
    £ 17000
  • 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

£ 53700
  • 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

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  %

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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