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3rd Floor, 2 Bristol Avenue, N20 0EJ
£1,250,000
Bedrooms
Bathrooms
Reception
An outstanding, newly renovated, Six-bedroom, five bathroom double fronted house with two receptions plus high end, fully integrated kitchen diner, modern contemporary style bathrooms with floor to ceiling tiles and south facing garden. The 2497 sq. ft. (including garage) semi-detached house is situated on the corner plot benefiting from a detached garage and driveway for parking multiple vehicles. A great opportunity to purchase a large, turnkey period property that has just been fully renovated to a high standard.
This highly desirable property is ideal for large families and those who work from home as well as buy to let investors.
The ground floor has a bedroom / study with a bathroom for easy access without using stairs and there are two receptions in addition to the kitchen diner which leads directly to the garden. There are four more bedrooms with two bathrooms on the 1st floor and a large bedroom with ensuite on the 2nd floor.
Ideally located opposite the popular green spaces of Cannons Park, several schools, local shops and amenities and the shops and shopping centre in Edgeware. Transport links include Cannons Park Underground Station (Jubilee line), Edgeware Underground Station (Northern Line), Queensbury Underground Station (Jubilee), numerous bus routes, and the driver easy access to the M1 and M25.
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.
3rd Floor, 2 Bristol Avenue, N20 0EJ
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