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£3,000,000 Offers in excess of
Bedrooms
Bathrooms
CHAIN FREE! Available for the first time in 66 years and located on one of the most sought-after roads in Dartmouth Park very close to Parliament Hill Fields, this extended and characterful six bedroom semi detached Edwardian house arranged over four levels offers generous and flexible accommodation (approximately 2612 Sq Ft/243 Sq M including restricted head height areas on the second floor rear bedrooms and shed). The ground floor comprises a feature entrance hallway (with mosaic tiled floor and stained glass windows) provides access to the basement, bay windowed front reception leading to dining room which in turn leads to the kitchen, utility room and a wc. The first floor includes three double bedrooms, shower room and separate wc. The second floor includes three further double bedrooms, shower room and an additional kitchen leading from the front bedroom. The feature rear garden (approximately 7410 Ft x 306 Ft/22.80 Sq M x 9.37 Sq M including a raised decked area and a shed) enjoys a sunny aspect and has side access leading to the front garden which provides off street parking for a medium/small motor vehicle. This charming property is conveniently located for local bus services, transport links via the Northern Line underground (Tufnell Park and Kentish Town), overground (Gospel Oak), the sports facilities and open spaces of Hampstead Heath and the shops, restaurants and amenities of Highgate Village, Kentish Town, Tufnell Park and vibrant Swains Lane. The house requires modernisation. 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: £ 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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