4 bedroom detached for sale

£1,000,000 Offers in excess of

4

Bedrooms

2

Bathrooms

Floorplan

Looking at the front of this house you would think its a a traditional three bedroom detached property, but from the back youd see a stunningly contemporary open plan living space. Inside, the two styles complement each other perfectly, let us show you around......

The current owner has lived in the house all his life and has overseen the dramatic changes that make this home quite spectacular.

The front garden has a countryside feel and a mature tree draped in fairy lights gives a warm and friendly welcome. The brick walls, large bay windows, white window shutters, wooden fencing and side gate leading to the back garden, all have a very traditional feel.

Lets Step Inside

Step through the front door and as your feet feel the warmth of the underfloor heating, your eyes are instantly drawn across hallway to the floor to ceiling windows in the open-plan family room.

This room really is spectacular. It is the heart of the home, large and spacious with dedicated areas for cooking, dining and relaxing, all while overlooking the landscaped back garden. This is a very comfortable and modern environment from which to watch the lights of passing cars, and the tube trains as they progress slowly over the overground section of track as it leave Arnos Grove.

If you like people watching then you will love this space.

To the side of the kitchen area is a small hallway that leads to a separate front door, the utility room, and to stairs down to the lower ground floor.

Lets Explore Further

On this floor you will find the second bathroom and another large open room with bi-fold doors onto the garden. This room is currently used as a luxurious main bedroom, which gives a wonderful holiday feeling - imagine having your first coffee of the day in bed with the bi-folds open, a light breeze, and a view of the pretty garden.

Heading Outside

As you step into the garden there is a generous patio area, a lawn with a path either side, raised beds, mature trees, a path to the front gate and a driveway to the rear with an electric car charging point.

Back on the ground floor, the family room also gives access to a small terrace - perfect for a more intimate evening meal or a quiet read.

The main hallway leads to the separate lounge at the front of the house. This is a more traditional room with an open fireplace and wood-burning stove, perfect for cosying up at the end of the evening and watching a film.

The last room on this floor is the guest cloakroom which has dark extravagant wallpaper, contrasting beautifully with the simple white walls throughout the rest of the house.

The stairs again give a nod to tradition with distressed painted wood floor boards that extend to all the upstairs bedrooms.

The First Floor

The main bedroom is at the front of the house and is a large double with a bay window. The second bedroom is a good size double and the third is a large single. These two rooms look out to the back of the house with views of the garden, tube line and Arnos Park.

The star of the first floor is the large bathroom with its freestanding roll-top bath, perfectly positioned for gazing out at the night sky while you soak, and decorated in a relaxing deep blue. This room also has a sink and shower cubicle.

The toilet is across the landing and, like on the ground floor, is decorated in deep rich wallpaper.

On the first floor there is traditional gas central heating, while the lower ground and the majority of the ground floor have underfloor heating.

The Local Area

Arnos Park is just a few moments away and is perfect for a stroll, a cycle or for walking a four-legged friend. You can cut across the park to Arnos Grove tube station or the small parade of shops nearby. For more serious shopping take a longer walk to Southgate where there are also a good number of eateries and coffee shops.

With good schools nearby, including Walker Primary School, this is a great location for families.

Is This Home For You?

The way this house has been extended and enhanced is really quite beautiful and if you are looking for space and luxury, with a city living twist, then this may be just the home for you.

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 818950

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 25000
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 68950
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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