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£949,950
Bedrooms
Bathrooms
'' A SUPERB & RARE OPPORTUNITY TO ACQUIRE THIS UNIQUE PROPERTY COMPRISING OF A TWO BEDROOM BUNGALOW, with an ADDITIONAL TWO BEDROOM DETACHED OUT BUILDING, COMMANDING AN ENVIABLE POSITION ON THE PRESTIGOUS THE RIDGEWAY WITH OUTSTANDING VIEWS TO THE REAR. MODERNISATION IS REQUIRED ''
BARRONS are pleased to bring to market this superb and rare opportunity to acquire a property consisting of a TWO BEDROOM DETACHED BUNGALOW with an additional DETACHED BRICK BUILT OUTBUILDING. The main residence is located to the front of the plot and consists of : ENTRANCE HALLWAY, 2410 X 159 LOUNGE/DINER, 108 X 95 KITCHEN, 111 X 99 BEDROOM ONE, 90 X 87 BEDROOM TWO & A SPACIOUS FAMILY BATHROOM.
The Outbuilding: is located at the rear of the plot and comprises of: ENTRANCE HALLWAY, 2310 X 125 LOUNGE / DINER, 82 X 74 SITTING ROOM, 97 X 82 STUDY, 108 X 104 BEDROOM ONE with JACK AND JILL SHOWER ROOM. On the FIRST FLOOR, there is a bedroom measuring : 107 X 78 and a spacious EN-SUITE BATHROOM.
This unique and charming home, offers hugely versatile living with a number of options covering all spectrums.
Northaw Great Wood is opposite the property, providing a scenic outlook to the front and glorious woodland walks in all seasons. There are several highly regarded schools nearby including Queenswood, Stormont, Lochinver and Dame Alice Owen. Cuffley station which is a short drive away offers direct rail links to Finsbury Park, Highbury & Islington and London Moorgate.
Superb Plot Comprising Of 2 X 2 Detached Bungalow -
Bungalow One -
Lounge / Diner - 7.57m x 4.80m (2410 x 159) -
Kitchen - 3.25m x 2.87m (108 x 95) -
Bedroom One - 3.38m x 2.97m (111 x 99) -
Bedroom Two - 2.74m x 2.62m (90 x 87) -
Family Shower Room -
Chalet Bungalow Two -
Lounge/Diner - 7.26m x 3.78m (2310 x 125) -
Sitting Room - 2.49m x 2.24m (82 x 74) -
Study / Bedroom Three - 2.92m x 2.49m (97 x 82) -
Bedroomone - 3.15m x 3.25m (104 x 108) -
Jack And Jill Bathroom -
First Floor -
Bedroom Three - 3.23m x 2.34m (107 x 78) -
En-Suite Bathroom -
Exterior -
Large Off Road Parking Area To The Front -
Stunning South Facing Garden With Views -
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.
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