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£3,500,000
Bedrooms
Bathrooms
Reception
The Gables, Cannon Hill A Rare Opportunity in Southgate
Listed for the first time in 50 years, The Gables is a truly magnificent detached property located on one of Southgates most prestigious and sought-after roads. Spanning over 6,200 sq ft across three impressive floors, this grand home exudes timeless charm and character, having carefully retained its original detailing throughout.
With 6 spacious bedrooms, 2 well-appointed bathrooms which includes an additional separate WC and separate shower room, and 3 elegant reception rooms, this property offers an abundance of space for both family living and entertaining. The home also benefits from a large kitchen diner ideal for family gatherings, a dedicated utility room for practical living, and a basement providing additional storage and potential.
One of the highlights of The Gables is the stunning pool house, a luxurious addition complete with a sauna, showering facilities, and changing rooms the perfect retreat for relaxation and leisure.
The property is set back from the road with a large driveway and electric gates, offering complete privacy and space for multiple cars. The beautifully landscaped garden spans approximately 100ft in length and offers generous width, providing a perfect outdoor space for recreation, events, or quiet enjoyment.
This rare gem offers a unique opportunity to acquire one of Southgates finest residences, steeped in history, character and offering unrivalled potential for the next fortunate owner.
Sole Selling Agent
Strictly by appointment only via Barroque Estates
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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