5 bedroom end of terrace for sale

£1,250,000

5

Bedrooms

2

Bathrooms

Offered chain free and on one of Palmers Green most sought-after roads of the Lakes Estate, this impressive extended end of terrace house boasts five bedrooms and has off-street parking and a garage.

A beautiful trapezoid shaped porch leads into the hallway with the original mosaic style flooring following through to the three reception rooms and kitchen. The front and rear reception rooms with high ceilings and original ornate ceiling panelling are bright and airy. The rear reception room has direct access to the good sized well maintained garden.

There is a bathroom with separate W/C on the first floor and up into the loft a modern shower room with a larger than average double bedroom with a small balcony providing a view of the garden and beyond.

The house is Ideally located for Broomfield Park and the artisan cafes and shops along Aldermans Hill and for Southgate Green and all the amenities there its just a short walk through the pathway cut-through to the side of the tennis courts which the house overlooks.

Conway Road is a short walk away from Palmers Green British Rail (ideal for City commuters) and Palmers Green High Street, and there are bus links on Cannon Hill for Southgate London Underground (Piccadilly line) and the array of High Street shops.



Enfield Council
Council Tax Band: G

FRONT GARDEN: Paved patio. Borders with shrubs and flowers. Off street parking. Garage. Side gate.

PORCH: UPVC double glazed door with inset stained glass. Stained glass panel with leaded inserts. Ceramic floor. Radiator. Leading to main front door.

ENTRANCE: UPVC double glazed with inset stained glass. Terrazzo flooring with border. Staircase to first floor. Under stair storage. Cornicing. Doors to all rooms. Radiator.

RECEPTION 1: Oak timber flooring. Feature fireplace with electric fire (untested). Tiled hearth. 2 x windows to side aspect. UPVC double glazed bay window to front aspect. Original panelled ceiling. Radiator.

RECEPTION 2: Mahogany timber flooring. Feature fireplace with timber surround. Cast iron fire with inset tiles. Original panelled ceiling. Timber frame bay window with UPVC double glazed door leading to rear garden. Picture rail. Radiator.

KITCHEN: Travertine marble floor tiles. Fitted wall and base units. Onyx work top. Space for gas/electric oven. Extractor fan. Glass splash back. Plumbing for dishwasher. Cornicing. UPVC double glazed window to rear and side aspects. UPVC double glazed door to side aspect leading to garden.

RECEPTION 3: Oak flooring. Aluminium double glazed window to rear aspect. Cornicing. Fitted units. Door leading to kitchen. Radiator.

LANDING: Carpet to stairs. Carpet to landing/corridor. Storage cupboard housing cylinder. Doors to all rooms. Staircase to second floor. Cornicing.

BEDROOM 1: Oak flooring. UPVC double glazed bay window to front aspect. Cornicing. Radiator.

BEDROOM 2: Oak flooring. Cornicing. Ceiling rose. UPVC double glazed window to front aspect. Radiator.

BEDROOM 3: Oak flooring. UPVC double glazed window to rear aspect. Cornicing. Ceiling rose. Radiator.

BEDROOM 4 (above garage): Oak flooring. UPVC double glazed window to front aspect. Cornicing. Radiator.

KITCHEN/RECEPTION (off bedroom 4): Fitted wall and base units. Sink. Oak flooring. UPVC double glazed window to rear aspect. Radiator.

BATHROOM: Vinyl flooring. Ceramic wall tiles. Basin with furniture. Bath with tiled side panel. Thermostatic shower above bath with glass shower screen. Close coupled W/C. Chrome towel rail. UPVC double glazed obscure window to rear aspect.

SEPARATE W/C: Vinyl flooring. Close coupled W/C. Pedestal basin. Partly tiled walls. UPVC double glazed obscure window to rear aspect. Radiator.

2ND FLOOR LANDING: Oak flooring. Door to shower room and door to bedroom 5.

BEDROOM 5: Oak flooring. 2 x Velux windows to front aspect. French doors with balcony to rear aspect. Storage to eaves. Radiator.

SHOWER ROOM: Ceramic flooring. Partly tiled walls. Shower with seat and thermostatic shower mixer. Back to wall W/C. Chrome towel rail. Basin with furniture. UPVC double glazed obscure window to rear aspect.

REAR GARDEN: Paved patio. Side gate. Steps down to garden. Further paved patio area. Grass area with mature trees, shrubs and flowers.

GARAGE: Integral. Wall mounted gas boiler.

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

£ 1037700

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 31250
  • 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

£ 100200
  • 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.

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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.

£

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

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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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