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3rd Floor, 2 Bristol Avenue, N20 0EJ
£950,000
Bedrooms
Bathrooms
Reception
An outstanding 2222 Sq.Ft. semi-detached house with various options to extend (S.T.P.P) situated on a popular residential street with private driveaway.
This large family home is currently laid out with five bedrooms, three bathrooms, one cloakroom with basin, two double receptions and a kitchen. It has the unique opportunity to be easily reconfigured to suit the new occupants personal needs, additional bedrooms, a large open plan kitchen diner or even a self-contained flat are all options (S.T.P.P).
Finished to a high standard with wooden floors, floor to ceiling tiles in the bathrooms, tiles in the kitchen and double glazing it is the perfect property for a new owner to slightly modernise and add some finishing touches to make ideal for them. The large windows and open plan layout give the property a spacious, airy feel which is ideal for entertaining and large family gatherings. Having so many rooms and options to configure the property also makes it ideal for families that work from home. There is also plenty of storage space and the landscaped, part paved, part lawned garden is again ideal for entertaining during the summer months.
Ideally located in close proximity to the popular shops, restaurants and coffee shops on Mill Hill Broadway, highly regarded schools, Mill Hill Broadway Thameslink Station, and Mill Hill East Underground Station.
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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