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£1,500,000 Guide Price
Bedrooms
Bathrooms
Retaining many original features, this substantial family homes requires updating and modernisation, offering tremendous scope for improvement ' Six bedrooms ' Three reception rooms ' Large rear garden ' Located close to Whetstone High Road ' Local heritage list
Ref, Architectural interest '
NOTE: This property is registered on the Local heritage list, Ref HT01256 Architectural interest.
Links at the bottom of the details.
Door to ENTRANCE PORCH : front door leading into
ENTRANCE HALL
Tiled flooring, double radiator, stairs leading to landing, understairs storage cupboard.
GUEST CLOAKROOM : low level flush WC, pedestal wash hand basin, frosted window, radiator, tiled flooring.
RECEPTION ROOM
Sash bay windows with stained glass overlooking front, further sash window with stained glass to side, two double radiators, power points, marble open fireplace with tiled hearth and inserts.
RECEPTION ROOM
Sash window with stained glass overlooking rear garden, door leading onto lean-to, power points, two double radiators, marble open fireplace with tiled hearth and inserts, serving hatch.
MORNING ROOM
Secondary glazed sash window to side, double radiator, tiled fireplace with woodburner, built-in pantry cupboard with shelving, utility cupboard housing Vaillant gas central heating boiler, meters and sash window.
KITCHEN
Base and eye level units, roll top work surfaces to three sides, stainless steel double bowl sink and drainer, gas hob with extractor fan and light above, oven below, double radiator, plumbing for washing machine, tiled walls, window overlooking lean-to.
LANDING : single radiator, stairs to top floor.
FRONT BEDROOM (right)
Secondary glazed sash window overlooking front, single radiator, original fireplace, power points.
FRONT BEDROOM (left)
Secondary glazed sash window overlooking front, single radiator, original fireplace, built in cupboard, power points.
REAR BEDROOM (left)
Sash window overlooking rear garden, double radiator, power points.
REAR BEDROOM (right)
Sash window overlooking rear garden, single radiator, marble fireplace, power points.
BATHROOM : panelled bath with shower over, pedestal wash hand basin, frosted sash window.
SEPARATE WC : low level flush WC, frosted window.
Stairs leading to SECOND LANDING : skylight.
BEDROOM (front)
Sash window overlooking front, stripped flooring, double radiator, power points, original cast iron fireplace.
BEDROOM (rear)
Sash window overlooking rear garden, double radiator, power points, cast iron fireplace.
SHOWER ROOM : shower cubicle, vanity unit with wash hand basin, tiled walls, skylight, eaves storage.
REAR GARDEN in excess of 1000
Initial area with crazy paved side access, outbuildings, mainly laid to lawn with mature shrub and flowerbed borders, mature trees to rear.
FRONT OF PROPERTY : off street parking for several vehicles, lawn area.
DILAPIDATED GARAGE with asbestos roof.
LOCAL HERITAGE LINKS:
Page: 148 Item number: 682 Reference: HT01256
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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