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£975,000
Bedrooms
Bathrooms
Nestled in the desirable area of Sussex Way, London, this rarely available terraced house offers a splendid opportunity for those seeking a spacious family home. Boasting four generously sized bedrooms and two well-appointed bathrooms, this property is perfect for families or those who enjoy having extra space.
Spread over three floors, the house features excellent room sizes and high ceilings, creating a bright and airy atmosphere throughout. The property has been lovingly maintained by the same family for an impressive 60 years, ensuring a sense of warmth and character that is often hard to find in modern homes.
Conveniently located within walking distance to Holloway High Street and Seven Sisters Road, residents will benefit from a variety of local shops and excellent transport links, making commuting and daily errands a breeze. The chain-free status of this property adds to its appeal, allowing for a smooth and straightforward purchase process.
This charming home is a rare find in a vibrant area, making it an ideal choice for those looking to settle in a welcoming community. Dont miss the chance to make this delightful property your own.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £4,216.55
Total Interest: £542,958.70
Overall Total: £1,517,958.70
Amortization For Monthly Payment: £4,216.55 over 30 years ( Based on 3.20% Interest )
| Year | Interest | Principal | Balance |
|---|---|---|---|
| 2025 | £30,912.94 | £19,685.68 | £955,314.32 |
| 2026 | £30,273.68 | £20,324.94 | £934,989.38 |
| 2027 | £29,613.66 | £20,984.97 | £914,004.41 |
| 2028 | £28,932.20 | £21,666.42 | £892,337.99 |
| 2029 | £28,228.62 | £22,370.01 | £869,967.98 |
| 2030 | £27,502.18 | £23,096.44 | £846,871.54 |
| 2031 | £26,752.16 | £23,846.46 | £823,025.07 |
| 2032 | £25,977.78 | £24,620.84 | £798,404.23 |
| 2033 | £25,178.25 | £25,420.37 | £772,983.86 |
| 2034 | £24,352.77 | £26,245.86 | £746,738.00 |
| 2035 | £23,500.47 | £27,098.15 | £719,639.85 |
| 2036 | £22,620.50 | £27,978.13 | £691,661.72 |
| 2037 | £21,711.95 | £28,886.67 | £662,775.05 |
| 2038 | £20,773.90 | £29,824.73 | £632,950.32 |
| 2039 | £19,805.38 | £30,793.24 | £602,157.08 |
| 2040 | £18,805.42 | £31,793.21 | £570,363.87 |
| 2041 | £17,772.98 | £32,825.64 | £537,538.23 |
| 2042 | £16,707.01 | £33,891.61 | £503,646.62 |
| 2043 | £15,606.43 | £34,992.19 | £468,654.43 |
| 2044 | £14,470.11 | £36,128.51 | £432,525.92 |
| 2045 | £13,296.89 | £37,301.73 | £395,224.19 |
| 2046 | £12,085.58 | £38,513.05 | £356,711.15 |
| 2047 | £10,834.92 | £39,763.70 | £316,947.44 |
| 2048 | £9,543.65 | £41,054.97 | £275,892.47 |
| 2049 | £8,210.45 | £42,388.17 | £233,504.30 |
| 2050 | £6,833.96 | £43,764.66 | £189,739.64 |
| 2051 | £5,412.77 | £45,185.86 | £144,553.78 |
| 2052 | £3,945.42 | £46,653.20 | £97,900.58 |
| 2053 | £2,430.43 | £48,168.20 | £49,732.39 |
| 2054 | £866.24 | £49,732.39 | £0.00 |
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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Sat May 31 2025
All confirmed! We look forward to speaking with you.
Sat May 31 2025
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