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£1,600,000 Offers in excess of
Bedrooms
Bathrooms
CHAIN FREE! A spacious (approximately 2068 Sq Ft / 192 Sq M excluding under external stairs storage) Victorian terraced house arranged over four levels situated in the cul de sac end of a highly sought after Tufnell Park residential road within close proximity to local outdoor spaces, shops, bars, cafes and restaurants on Fortess Road together with Tufnell Park (Northern line) underground station. The property requires modernisation and is mainly tenanted. The accommodation comprises on the lower ground floor: bedroom, bay fronted reception, kitchen and bathroom. The raised ground floor includes: bay fronted reception, reception/bedroom, kitchen and cloakroom. The first floor comprises: bedroom, bathroom and shower room. The second floor includes: bedroom and further kitchen. Benefits include entrance doors at both raised ground and lower ground floor levels and no onward chain. We are expecting considerable interest and advise arranging an early appointment to view to avoid disappointment. SOLE AGENT.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £6,919.47
Total Interest: £891,009.14
Overall Total: £2,491,009.14
Amortization For Monthly Payment: £6,919.47 over 30 years ( Based on 3.20% Interest )
| Year | Interest | Principal | Balance |
|---|---|---|---|
| 2025 | £50,728.93 | £32,304.71 | £1,567,695.29 |
| 2026 | £49,679.88 | £33,353.75 | £1,534,341.54 |
| 2027 | £48,596.77 | £34,436.87 | £1,499,904.67 |
| 2028 | £47,478.48 | £35,555.16 | £1,464,349.51 |
| 2029 | £46,323.88 | £36,709.76 | £1,427,639.76 |
| 2030 | £45,131.79 | £37,901.85 | £1,389,737.91 |
| 2031 | £43,900.98 | £39,132.66 | £1,350,605.25 |
| 2032 | £42,630.20 | £40,403.43 | £1,310,201.81 |
| 2033 | £41,318.16 | £41,715.48 | £1,268,486.33 |
| 2034 | £39,963.51 | £43,070.13 | £1,225,416.21 |
| 2035 | £38,564.87 | £44,468.76 | £1,180,947.44 |
| 2036 | £37,120.82 | £45,912.82 | £1,135,034.62 |
| 2037 | £35,629.86 | £47,403.77 | £1,087,630.85 |
| 2038 | £34,090.50 | £48,943.14 | £1,038,687.71 |
| 2039 | £32,501.14 | £50,532.50 | £988,155.21 |
| 2040 | £30,860.17 | £52,173.47 | £935,981.74 |
| 2041 | £29,165.91 | £53,867.72 | £882,114.02 |
| 2042 | £27,416.64 | £55,616.100 | £826,497.02 |
| 2043 | £25,610.56 | £57,423.08 | £769,073.94 |
| 2044 | £23,745.83 | £59,287.81 | £709,786.13 |
| 2045 | £21,820.54 | £61,213.09 | £648,573.04 |
| 2046 | £19,832.74 | £63,200.90 | £585,372.14 |
| 2047 | £17,780.38 | £65,253.26 | £520,118.88 |
| 2048 | £15,661.38 | £67,372.26 | £452,746.62 |
| 2049 | £13,473.56 | £69,560.07 | £383,186.55 |
| 2050 | £11,214.70 | £71,818.94 | £311,367.61 |
| 2051 | £8,882.49 | £74,151.15 | £237,216.46 |
| 2052 | £6,474.54 | £76,559.10 | £160,657.36 |
| 2053 | £3,988.39 | £79,045.24 | £81,612.12 |
| 2054 | £1,421.52 | £81,612.12 | £0.00 |
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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Wed Jun 11 2025
All confirmed! We look forward to speaking with you.
Wed Jun 11 2025
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