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£2,400,000
Bedrooms
Bathrooms
Nestled in the heart of Canonbury lies this beautifully presented neo-Georgian family home comprising 4 bedrooms,double reception room, dining room, fully fitted kitchen, family bathroom, ensuite, and separate wc plus a lovely rear garden and garage with walk-on wine cellar.
Originally built in 1962 over three floors a fourth was added in 2001 and now houses an attic style double bedroom laid with solid wood floors and an ensuite with a shower, velux windows, tiled flooring and walls and a built in vanity unit.
The other two bedrooms are situated on the second floor. They are both of great size, have full built in wardrobes, solid wood flooring in one and amtico flooring in the other. The family bathroom is also on this floor at the rear of the property and down the hallway the street facing study/dressing room equipped with built in wardrobes.
The majority of the first floor is home to a beautiful living space consisting of a period style ornate fireplace, built in bookshelves and storage cupboards along with the same solid wooden floors seen previously. There is also a separate study room to the rear aspect of the house.
Following the carpeted stairwell down to the ground floor you are greeted with the entrance hallway. There are two storage cupboards along side a WC next to the front door.
Off to the side of the hallway are double doors leading to the dining room and huge well appointed kitchen which was extended in 2000. The kitchen comprises of a Neff built in oven and electric counter hob, built in fridge freezer, wine rack and a big storage cupboard holding a combi boiler and plugged in for washing machine.
There are two sets of double glass doors which guide you from the kitchen to the decked patio with stairs down to the paved garden which is the biggest in size on the road. If you continue through the garden and out of the back door you will find yourself on a private road owned by all residents on the street with the garages.
Full Description -
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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