3 bedroom detached for sale

£835,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

A fully detached family home located close to East Barnet Village shopping facilities and equidistant from both Oakleigh Park and New Barnet train station ' Three bedrooms ' Through lounge ' Kitchen/dining room ' Car port & garage ' Off street parking ' CHAIN FREE '

PORCH: 64 x 3

Double Glazed windows to three sides and double glazed front door, ceramic tiled floor ad main door to.

ENTRANCE HALL: 15 x 65

Coved ceilings, radiator, Multipaned glazed double doors to

DOWNSTAIRS CLOAKROOM:

Fully tiled walls, low flush WC, wall mounted corner wash hand basin with cupboard under, laminated floor, obscured window to side, expel air.

THROUGH LOUNGE: 277 into bay x 117 > 11

Double glazed round bay window to front with curved radiator. coved ceiling, further radiator, multipaned double glazed doors to

KITCHEN DINER: L shaped 184 x 101 plus 99 x 8

Range of wall and base units with underlighting and granite worktops over with single drainer inset sink unit with mixer tap, ceramic tiled walls, enclosed wall mounted combination boiler, eye level built-in double oven, four ring ceramic hob with cooker hood above, integrated washing machine and dishwasher, space for fridge freezer, ceramic tiled floor, sunken spotlights, double glazed window overlooking garden, double glazed sliding patio doors to garden, double radiator

FIRST FLOOR LANDING:

Access to loft, double glazed window to side, doors to

BEDROOM: 155 into bay x 118

Double glazed round bay to front, radiator, picture rail

BEDROOM: 12 x11

Double glazed window to rear, double radiator, picture rail

BEDROOM: 71x 66

Double glazed window to front, double radiator, picture rail

BATHROOM:
Panelled bath with mixer tap and hand shower attachment, , separate shower cubical, low flush WC with concealed cistern, wash hand basin inset into vanity cupboard below, Ceramic tiled floor and walls, obscured double glazed window to rear, heated towel rail with radiator, sunken spotlights

FRONT GARDEN:

Mainly laid to lawn with shrubs, off street parking for three cars leading to garage up and over door which leads to side carport and drive through to

GARAGE: 159 x 83

Lighting and power

REAR GARDEN: APPROX 120

Patio area, outside lighting, water tap, mainly laid to lawn,

TENURE: FREEHOLD

LOCAL AUTHORITY: BARNET

COUNCIL TAX BAND: F

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

£ 691575

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
    £ 20875
  • 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

£ 65325
  • 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

Adjust these figures

  %
  %
£
  %

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

Adjust these figures

  %

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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