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554, London, N17 9SY
£550,000
Bedrooms
Reception
Barminster Property Services are pleased to present this very spacious 4 - Bedroom Home with Huge Potential - Chain Free and Ready to go.
A Rare Opportunity to Acquire a Substantial 4-Bedroom Family Home with Huge Potential N17Positioned on a popular residential road, this generously proportioned four-bedroom terraced home offers an exciting opportunity for buyers looking to add value and create a truly impressive living space.
Internally, the property boasts a spacious through lounge, a well-sized kitchen, four bedrooms and two bathrooms, providing flexible accommodation ideal for families, HMO conversion (subject to consent), or long-term investment.
The property further benefits from a private rear garden and significant scope for refurbishment and modernisation, allowing purchasers to design and finish to their own specification.
This home has been unavailable for some time due to probate matters, which are now fully resolved, meaning the property is ready for immediate sale with no onward complications.
Perfectly located within close proximity to Tottenham High Road, the property benefits from wide range of local amenities including shops, restaurants, schools and excellent bus links. Bruce Grove Station is nearby, and Tottenham Hale Underground Station (Victoria Line) which is appriximately a 7-minutes walk, offering fast and convinient access into Central London.transport links and schools, this is an excellent opportunity for both owner-occupiers and investors seeking strong future growth. The property needs modernization
Asking Price: 550,000
PRICE REDUCED FOR QUICK
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.
554, London, N17 9SY
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