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£1,000,000 Guide Price
Bedrooms
Bathrooms
A substantial semi detached family home located within easy reach of Cockfosters with its underground station, shops and restaurants ' Five bedrooms ' Three bathrooms ' Two reception rooms ' Kitchen/breakfast room ' Solar ' 200ft+ rear garden ' Off street parking '
Double glazed front door leading into ENTRANCE PORCH : further double glazed door leading into
ENTRANCE HALL : stairs leading to landing, understairs storage cupboard with battery pack for solar panels, laminate flooring, double radiator.
GUEST CLOAKROOM : low level flush WC, corner mounted wash hand basin, laminate flooring, extractor fan.
RECEPTION ROOM
Double glazed window overlooking front, double radiator, cast iron fireplace with gas fire (not tested) with wood surround and slate hearth, power points.
RECEPTION ROOM
Double glazed sliding patio doors leading onto rear garden, skylight, power points, concealed radiator, TV aerial point.
KITCHEN/BREAKFAST ROOM
Kitchen area : base and eye level units, granite work surface to four sides including breakfast island, pelmet lighting, stainless steel one and a half bowl sink with milled drainer, double glazed window overlooking rear garden, space for 1100mm gas range cooker, extractor fan and light above, TV aerial point, power points, space for American style fridge freezer, plumbing for dishwasher and washing machine, vented for tumble dryer, double glazed door leading onto rear garden, concealed radiator, tiled flooring, skylight, cupboard housing gas central heating boiler.
DOWNSTAIRS BEDROOM
Double glazed window overlooking front, double radiator, laminate flooring, TV aerial point, leading through to
SHOWER AREA : low level flush WC, pedestal wash hand basin, shower cubicle, tiled walls.
LANDING : stairs leading to bedroom 4, double glazed frosted window, airing cupboard housing Megaflow system.
BEDROOM
Double glazed window overlooking front with views towards Whetstone, single radiator, vanity unit with basin, range of built in wardrobes, power points.
BEDROOM
Double glazed window overlooking rear garden, single radiator, range of built in wardrobes, TV aerial point, power points, laminate flooring.
BEDROOM
Double glazed window overlooking rear garden, range of built in wardrobes, laminate flooring, power points.
BATHROOM : suite comprising concealed flush WC, wall mounted wash hand basin, panelled bath, quadrant shower cubicle, tiled walls, tiled flooring, chrome heated towel rail, double glazed frosted window.
Stairs leading to BEDROOM
Large double glazed window overlooking rear garden with views over New Barnet, double radiator, power points, range of built in wardrobes, TV aerial point, built in desk, eaves storage, power points, door to
ENSUITE SHOWER ROOM : low level flush WC, vanity unit with wash hand basin, tiled shower cubicle, tiled flooring, Velux window, chrome heated towel rail.
REAR GARDEN in excess of 2000
Initial paved patio area, outside light and tap, gated side access, large lawned area with mature shrub & flowerbed borders, hardstanding with shed (power and light), raised decked area, central paved patio area with summerhouse (power and light), mature apple trees, vegetable garden, hardstanding with greenhouse, sheds.
FRONT OF PROPERTY : crazy paved off street parking for several vehicles.
SOLAR PANELS
BARNET COUNCIL TAX BAND G
Map location is not available for this property.
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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