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301 Green Lanes, London
£1,300,000 Offers in excess of
Bedrooms
Bathrooms
Minchenden Crescent, Southgate
Located on one of Southgates most sought-after roads, this heavily extended four-bedroom semi-detached family home offers generous proportions, versatile living space and an enviable location close to excellent local amenities and schools.
The ground floor has been thoughtfully designed to maximise space and natural light, featuring a vast 28ft rear reception room that flows into a stunning rear extension and a spacious open-plan fitted kitchen with utility room. A separate 18ft front reception room, guest W/C, and integral garage complete the ground floor accommodation, offering both comfort and practicality.
Upstairs, there are four well-proportioned bedrooms, providing ideal family living with the master bedroom having an en-suite bathroom.
Externally, the property benefits from a sole-use driveway for several cars and a generous 70ft x 33ft rear garden, complete with patio, lawn, and side access perfect for family gatherings and outdoor entertaining.
This home is ideally positioned for highly regarded local schools, with Southgate Greens array of cafs and restaurants just moments away, as well as Southgate Underground Station (Piccadilly Line) providing swift access into Central London.
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.
301 Green Lanes, London
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