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£775,000
Bedrooms
Bathrooms
Reception
Welcome to this exceptional property situated on Friar Road in the desirable area of Enfield. This end-of terrace house seamlessly blends modern design with practical comfort, offering an ideal living space for all. Upon entering, you are welcomed by a spacious hallway, leading into a kitchen/diner, an ideal setting for both entertaining and everyday living. The property features four generously sized bedrooms and three well-appointed bathrooms, ensuring ample space for all residents to enjoy privacy and comfort. Constructed in 2018, the home maintains a contemporary aesthetic while exuding a warm and inviting atmosphere. It is ready to occupy, allowing you to settle in with ease. Convenience is a key highlight, with parking available for two vehicles, eliminating the hassle of finding parking. The property also benefits from an EV electric car charging point. The property is part of the esteemed Linden Homes development and benefits from an NHBC guarantee, providing added peace of mind. Additionally, its proximity to Gordon Hill Station makes commuting effortless, ideal for both work and leisure. The nearby Wren Academy School further enhances the appeal of this prime location. Do not miss the opportunity to make this stunning house your new home.
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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