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£1,065,000 Offers in excess of
Bedrooms
Bathrooms
Addison Townsend are delighted to offer for sale, this luxury and fully extended five bedroom semi-detached house. Located in this highly desireable quiet residential roadwith Southgate Underground station (Piccadilly) a short walk from the property offering direct rail links into central London. A short walk from the property are both Oakwood & Grovelands Parks offering plenty of green space, social and leisure activities. Also within walking distance of the house are a number of shops and amenities in central Southgate including M&S Food Store, Southgate Leisure Centre and Asda superstore. The house falls within the catchment area of a number of local schools including West Grove Primary School & Ashmole Academy.This fantastic family home offers over 2200sqft of living space set across three floors and is comprised of five bedrooms all with built in Hammonds wardrobes including two with en-suite family rooms, family bathroom, lounge, dining room, kitchen/breakfast room and downstairs WC. The property also benefits from off-street parking for three vehicles, a garage and a large rear garden (approx 130ft) with hardstanding to the rear ready for the construction of a garden outbuilding. Further benefits include underfloor heating to the ground floor, air conditioning, boiler with mega flow unit, double glazing and neutral high quality decor throughout.
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.
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