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£1,200,000 Guide Price
Bedrooms
Bathrooms
Deceptively spacious, this exquisite five double bedroom, two bathroom, Edwardian classic sits in a lovely tree lined avenue closed to through traffic, adjacent to the extensive recreation areas of Broomfield Park, within a five minute walk of Palmers Green Station (Old Street 25 mins), transport links of the North Circular Road, the fashionable shops, cafes and restaurants of The Triangle, Morrisons supermarket, public library and local gym.
This spacious family home retains many of the original features including high ceilings, two original cast iron fireplaces, a very handy dry cellar for storage, two huge reception rooms, modern kitchen diner, ground floor cloakroom, five double bedrooms with fitted wardrobes, one with ensuite and a fully tiled family bathroom.
There is convenient parking for two vehicles on the front drive which has an EV point and storage area for bikes. To the rear you will find a well maintained rear garden, large covered patio with sink unit and a spacious double garage to the rear currently used as a games room/gym. There is access to two loft areas and with the rear patio area and garage/games room ample opportunity to extend subject to planning permission. This home is fitted with Ring video, alarm and cameras.
In all....a superb spacious home with excellent entertainment space for friends and family close to all the amenities you would want.....and in a very close knit community with its own very active WhatsApp group!
Council Tax: London Borough of Enfield Band G
EPC Rating: TBC
Heating: Gas central heating
Water: Mains
Internet: Ultafast 1gbps max
Conservation Area: Yes, Lakes Estate
Flood risk: None
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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