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£1,100,000 Offers in excess of
Bedrooms
Bathrooms
Set in the heart of Southgate, this beautifully maintained four-bedroom semi-detached family home offers generous and versatile accommodation across two floors, ideal for modern family living. The ground floor welcomes you via a grand entrance hallway, leading to a spacious bay-fronted reception room, a second large reception with feature bay window, and an extended kitchen flowing into a bright dining area with French doors opening directly to the rear garden. A guest cloakroom, utility room, and internal access to a converted garage room provide additional practicality and flexibility,perfect for a home office, playroom or studio. Upstairs, the first floor benefits from four well-proportioned bedrooms, including a bright and spacious master bedroom with fitted wardrobes and a large bay window. A contemporary family bathroom with shower over bath and a separate WC complete the layout. Perfectly located in the vicinity of Hampden Square and Southgate High Street, the property enjoys easy access to shops, cafs, restaurants, and Southgate Underground Station (Piccadilly Line), while Cockfosters High Street is also within close reach. With its stylish interiors, multiple reception spaces and superb location, this is an outstanding opportunity for families looking to settle in one of N14s most desirable pockets. There is scope to extend further subject to planning permission
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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