2 bedroom apartment for sale

£625,000 Guide Price

2

Bedrooms

2

Bathrooms

Floorplan

900 SQ FT |TWO LARGE DOUBLE BEDROOMS |WEST-FACING PRIVATE BALCONY WITH GARDEN VIEWS | LARGEWEST FACING WINDOWS WITH GREEN VIEWS|PRIVATE GARAGE INCLUDED | SHARE OF FREEHOLD | BEAUTIFULLY PRESENTED THROUGHOUT | SOLID OAK FLOORING | STYLISH SEPARATE KITCHEN | PEACEFUL COMMUNAL GARDENS|QUIET RESIDENTIAL SETTING | CLOSE TO HIGHGATE, CROUCH END & ARCHWAY | EASY ACCESS TO TRANSPORT LINKS AND GREEN SPACES ...


GUIDE PRICE 625,000-650,000


OPEN DAY SATURDAY 16TH AUGUST BY APPOINTMENT ONLY.


Set within a well kept, gorgeous residential development between Highgate, Crouch End and Archway, this smartly presented two double bedroom raised ground floor flat offers private and communal outdoor space, generous proportions, a stylish interior, private garage (large enough for a car) and is complete with a share of freehold.


Finished to a high standard throughout, the property comprises a large reception room, contemporary separate kitchen, two great sized double bedrooms, a bathroom with W/C, additional separate W/C, storage cupboards and aprivate balcony. A great feature of this apartment is all living rooms and the balcony haveserene, west facing, views over the surrounding, well kept, communal gardens with mature trees giving privacy with masses of afternoon to evening light.



A wide entrance hall with integrated storage sets the tone for the rest of the flat bright, clean-lined and well configured. The generous reception room provides ample space for both dining and relaxing, with direct access onto a charming west-facing private balcony that enjoys an open, leafy aspect over the well-maintained communal grounds.


The separate kitchen has been fitted with a sleek range of matching white wall and base units, metro tiled splashbacks, and contrasting worktops incorporating an inset sink, gas hob with overhead extractor, and double electric wall oven. There is additional space for freestanding appliances.


Both bedrooms are good-sized doubles, with plenty of natural light and neutral dcor. We love the green views from the bed when waking up each morning.


A stylish, fully tiled family bathroom with white suite sits adjacent, complemented by a further separate WC for added convenience.


With solid oak flooring, bespoke inbuilt storage, double glazing and gas central heating, the home combines practical comfort and space with modern style.


Other benefits include a private garage, ideal for storage or secure parking, a chain free sale and comes with a share of freehold.


Ideally positioned between Highgate, Archway and Crouch End, the property offers swift access to both tube stations and multiple bus routes.


The open spaces of Waterlow Park, Highgate and Queens Woods and the popular Parkland Walk are all within a short stroll, perfect for weekend walks, jogging, or taking the dog for a walk.


Crouch End and Highgates cafs, restaurants, and boutique shops are close by, as are local supermarkets and everyday conveniences.


This property offers the perfect blend of peaceful living and urban accessibility in one of North Londons most sought-after neighbourhoods.


GUIDE PRICE 625,000 - 650,000


VIEWINGS BY APPOINTMENT ONLY ON SATURDAY 16TH AUGUST


SHARE OF FREEHOLD

2,400 SERVICE CHARGE

0 GROUND RENT

CHAIN FREE


Parking Availability: Yes.

Map location is not available for this property.

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

£ 518325

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 15625
  • 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

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£

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

£ 49575
  • 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
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  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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

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

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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