4 bedroom semi-detached for sale

£1,150,000

4

Bedrooms

1

Bathrooms

Floorplan

Boasting a wealth of period features this impressive Edwardian semi-detached house is located on the much sought-after Lakes estate and is a natural four bed.

The house manages the perfect blend of original character with a more modern feel with a grand extension to the rear creating a well thought out kitchen/living/dining space with full height concertina doors allowing garden tranquillity both inside and out and great for entertaining.

The stunning tessellated flooring and split level of this period property invites you to a bright front lounge with pretty feature fireplace which follows through to the second reception area.

The deceptively spacious well-proportioned house just shy of 1,900 sq ft benefits from a utility room with W/C centrally located on the ground floor and there is a contemporary bathroom with shower on the first floor. With further scope to extend up into the loft, subject to the necessary planning consents, viewing is an absolute must to fully appreciate this wonderful home.

Ulleswater Road is a quiet road just moments from the artisan shops and cafes along Aldermans Hill and across from the beautiful green Broomfield Park. A short walk brings you to the High Street for all local shopping requirements and for commuters mainline station Palmers Green (under 30 minutes to Moorgate/under 15 minutes to Finsbury Park for the Piccadilly line).

Tenure: Freehold
Enfield Council - Council Tax Band G


FRONT GARDEN: Paved pathway leading to entrance. Mature shrubs. Hedge to front.

ENTRANCE: Via hardwood door.

HALLWAY: Original tessellated flooring. Original stained-glass window to side aspect. Cornicing. Ceiling rose. Old style Victorian radiator. Split-level landing. Step down to double doors leading to kitchen/utility room. Storage cupboard under stairs. Step down (marble flooring through to kitchen/dining area).

RECEPTION 1: Carpet. Double glazed wood bay window to front aspect with bespoke fitted shutters. Original panelled ceiling. Cornicing. Feature Edwardian cast iron fireplace with inset tiles and tiled hearth. Fitted base and shelves to alcove. Old style Victorian radiator. Walk through to reception 2.

RECEPTION 2: Carpet. Feature Edwardian cast iron fireplace with inset tiles and tiled hearth. Old style Victorian radiator. Fitted cupboard in alcove 2 x. Wood double glazed window with bespoke fitted shutters to rear aspect.

KITCHEN/DINING: Marble flooring. Fitted wall and base units. Granite worktops. Integrated gas hob (untested). Double inset sink. Integrated extractor fan. Double eye level integrated oven (untested). Under floor heating. 2 x radiators. Sunflex double glazed aluminium concertina floor to ceiling doors to rear and side aspect leading to rear garden.

UTILITY ROOM: Vinyl flooring. Fitted cupboard housing combi boiler. Fitted wall and base units with plumbing for washing machine and plumbing for dishwasher. Sink unit. Close coupled W/C. Double glazed wood door to side aspect leading to courtyard space.

LANDING. Carpet. Split level landing. Doors to all rooms. Wood sash window to side aspect. Radiator. Loft hatch.

BEDROOM 1: Carpet. Original cast iron fireplace with inset tiles and tiled hearth. Double glazed wood bay window to front aspect. Radiator. Cornicing.

BEDROOM 2 (middle room): Carpet. Double glazed wood window to rear aspect. Original cast iron feature fireplace. Cornicing. Radiator.

BEDROOM 3 (front): Carpet. Double glazed wood window to front aspect. Radiator.

BEDROOM 4 (rear): Carpet. Double glazed wood bay window to rear aspect. Radiator. Cornicing.

BATHROOM: Marble travertine flooring. Under floor heating. Mosaic travertine marble tiles to bath side and part wall. Ceramic basin with chrome taps. 2 x chrome towel rails. Double ended bath with removable head rest. Wall mounted taps. Shower cubical with thermostatic controlled shower valve. Mosaic travertine marble wall (floor to ceiling). Wood obscure window to side aspect.

REAR GARDEN: Paved patio with lawn area. Mature trees and shrubs. Gate to side for access.

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

£ 950200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

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
    £ 28750
  • 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

Adjust these figures

£

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

£ 87700
  • 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.

£

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

£

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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