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£485,000
Bedrooms
Bathrooms
Reception
This delightful 2-bedroom, ground-floor period property offers a perfect blend of character and modern living. Featuring sole use of a private rear garden and off-street parking for one vehicle, it also boasts a spacious open-plan kitchen, dining, and living area, providing a light and airy space ideal for both relaxing and entertaining.
This end of terrace property is ideally located just a 2-minute walk to Bowes Park Overground Station and a 7-minute walk to Bounds Green Tube Station (Piccadilly Line, Zone 3) offering excellent transport links into Moorgate and Central London. Nestled in the heart of Bowes Park village, youll are within walking distance of the award-winning Myddleton Road, home to a monthly market, local shops, and a variety of independent cafes and famous restaurants.
With nearby Alexandra Palace offering scenic views and green spaces, along with highly regarded local schools, this property offers the perfect balance of convenience, community, easy commuting and quality living.
Communal Entrance Hallway: Laminate wood style flooring, door to upper flat and door to:
Entrance Hallway: Laminate wood style flooring, doors leading to:
Bedroom 1: 1510 x 131 (4.82m x 3.99m) Square bay double glazed window, double radiator, laminate wood style flooring.
Bedroom 2: 104 x 69 (3.15m x 2.07m) Double glazed door to rear, cupboard housing wall mounted boiler, laminate wood style flooring, radiator.
Bathroom: Three-piece bathroom suite comprising panelled bath with mixer tap, and hand-held shower attachment and glass shower screen, concealed low level WC, concealed pedestal wash hand basin with storage below, wall mounted chrome heated towel rail, double glazed window, part tiled walls, tiled flooring.
Kitchen/Diner/Reception: 284 x 117 (863m x 3.54m) Two double glazed windows to side aspect, modern kitchen with a range of wall and base units and roll top work surfaces with 4 ring gas hob and built-in oven below and extractor hood above, stainless steel single drainer sink unit with mixer tap, integrated fridge/freezer, integrated washing machine, part tiled walls, tiled style lino to kitchen area.
Reception Area: Double glazed French style windows leading to rear garden, wood style laminate flooring.
Exterior
Rear Garden: West facing sole use of rear garden, mainly paved with mature trees and shrub borders, lawn area and pea shingle, patio/dining area to rear and additional covered patio area, side access to the front of the property.
Front Garden: Paved, shared drive and off-street parking for 1 vehicle.
Finer Details:
Tenure: Share of Freehold
Remaining Lease Years: 990+
Service Charge: 0.00
Ground Rent: 0.00
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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