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£2,495,000
Bedrooms
Bathrooms
This exquisite two/three-bedroom, modern house offers a perfect blend of sleek contemporary design and comfort. Nestled within a secure, gated mews, it provides both privacy and convenience. The spacious split level, open-plan living area is bathed in natural light, with floor-to-ceiling patio doors onto private terrace with far reaching open views and Alexandra Palace. The kitchen/diner boasts state-of-the-art appliances, ideal for home chefs, while the bedrooms offer ample space, with the principal suite featuring an en-suite shower-room and built-in storage, directly onto rear garden. With desirable modern conveniences, including NuHeat control under floor heating, resin flooring to principal suite, Sonos surround system, Lutron lighting, terrace kitchen with fridge and hot and cold water. Further comprising, study area (bedroom 3), utility room, family bathroom and secure off-road parking via garage and additional parking space. Ideally positioned, within a moments walk of the Villages of Crouch End and Highgate including Highgate underground station. In addition, a host of green open spaces and desirable schools. The property is the epitome of modern living in an exclusive, tranquil setting.
Local Authority: Haringey
Council Tax Band: G
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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