4 bedroom terraced for sale

£525,000 Offers over

4

Bedrooms

2

Bathrooms

Floorplan

Andrew Stevens are pleased to offer this well presented four bedroom terraced family home with off street parking. The property boasts a spacious kitchen/diner, wood laminate flooring, downstairs shower and WC, family bathroom, double glazing, gas central heating and paved rear garden. The property is a short walk to local amenities including Latymer, Churchfield, and Starks Schools, and Edmonton Green rail and bus station.

Hallway - Laminate flooring throughout, spotlights, radiator, single pane window to front aspect and smoke alarm. Understairs storage cupboard with power lighting, consumer unit, gas meter and electric meter.

Reception - 4.63 x 2.71 (152' x 810') - Laminate flooring throughout, radiator, double glazed window to front aspect, power points, spotlights

Dining Room - 3.44 x 3.34 (113' x 1011') - Laminate flooring throughout, power points, spotlights, ceiling rose, radiator

Kitchen - 3.31 x 2.90 (1010' x 96') - Tiled flooring throughout, partly tiles walls, a range of wall and base units, plumbing for washing machine, single sink drainer with mixer tap, integrated oven and hob, extractor hood and heat detector.

Out Building - Power lighting, power points, shelving and concrete floors

Upstairs Hallway - Fulling carpet stairs leading to upstairs landling, laminate flooring throughout upstairs landing, access to loft, power point and smoke alarm.

Bedroom One - 4.35 x 3.46 (143' x 114') - Laminate flooring throughout, double glazed window to front aspect, power points and radiator.

Bedroom Two - 3.62 x 3.34 (1110' x 1011') - Laminate flooring throughout, power points, radiator, double glazed window to rear aspect.

Bedroom Three - 2.56 x 2.16 (84' x 71') - Laminate flooring throughout, power points, radiator, double glazed window to front aspect, fitted wardrobe cupboard with hanging space.

Bedroom Four - 4.41 x 4.01 (145' x 131') - Situated on the ground floor, laminate flooring throughout, power points, radiator and double glazed window.

Bathroom - 2.00 x 1.70 (66' x 56') - Fully tiled floors and walls, plastic bath panel with shower attachment and mixer tap, frosted double glazed window to rear aspect,. pedestal and wash basin, low flush WC with push button, toilet roll holder, heated towel rail extractor fan and globe light fitting.

Map location is not available for this property.

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 435825

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 13125
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 42075
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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