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£2,000,000 Guide Price
Bedrooms
Property An attractive and well located Four-storey semi-detached property (originally a 1900s house, later converted to a childrens home) . Currently C2 use class and Approximately 3,929 sq ft (364.9 sq m)
Condition: Requires full modernization and Vacant
Guide Price 2,000,000
Accommodation Breakdown
Lower Ground Floor:
- Kitchen
- Dining Hall
- Pantry
- Bathroom
- Boiler Room
Ground Floor:
- Living Room
- Utility Room
- Telephone Room
- Two Offices
- WC
First Floor:
- Three Bedrooms
- Sensory Room
- Shower Room
- WC
- Additional Office
Second Floor:
- Three Bedrooms
- Dressing Room
- Bathroom
Key Features:
Layout: Potential to reconfigure or extend (subject to planning permissions) .
Garden: Rear garden included .
Original Features: Period details likely retained (e.g., high ceilings, original fireplaces) given the 1900s build .
Location & Amenities
Transport Links:
-Underground: Holloway Road (Piccadilly Line) - 0.5 miles
- Overground: Caledonian Road & Barnsbury - 0.7 miles
- National Rail: Kings Cross (1.5 miles), Drayton Park (0.8 miles)
- Buses: Routes 17, 91, 259 nearby
Local Highlights:
- Shopping/Dining: Holloway Road (supermarkets, cafes, bars) .
- Parks: Caledonian Park (0.3 miles), Paradise Park (0.4 miles) .
- Schools: Multiple primary/secondary schools within catchment.
Road Access: A1, A503, and A5203 nearby.
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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