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£550,000 Offers over
Bedrooms
Bathrooms
We are delighted to present this beautifully refurbished three-bedroom flat on Nether Street, N12.
The flat offers contemporary living with a bright and spacious lounge, a stylish kitchen fitted with high-quality appliances, completely renovated bathroom and en-suite, all finished to a high standard providing a fresh and modern feel throughout.
Ideally located in the highly sought-after area of North Finchley, the property benefits from excellent transport links, with West Finchley Station (Northern Line) just 0.2 miles away and Woodside Park Station (Northern Line) approximately 0.4 miles away, offering easy access to central London.
The area is known for its safety, family-friendly atmosphere, and outstanding local amenities, including a variety of shops, restaurants, and cafes.
Residents can enjoy the nearby green spaces of Friary Park, perfect for outdoor activities, while the presence of excellent schools makes this an ideal home for families. Combining modern living, convenience, and a vibrant community, this property presents a fantastic opportunity for buyers looking to settle in one of North Londons most desirable locations.
CHAIN FREE
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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