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£750,000
Bedrooms
Bathrooms
A charming classic terraced home situated in an increasingly sought-after location, this property offers a wonderful blend of period character and future potential.
The spacious through lounge benefits from beautiful original features such as a feature fireplace and ornate cornicing, and can easily be divided to create two separate reception rooms to suit your lifestyle. The generous kitchen-diner provides a sociable space for everyday living and entertaining.
Upstairs, youll find three well-proportioned bedrooms and a family bathroom with WC.
Ideally located just minutes from Seven Sisters underground station (Victoria Line, Zone 3), the property offers excellent transport links, with Tottenham Hale station and the Stansted Express also nearbyperfect for frequent travellers.
The local area is full of character and rapidly evolving, with an abundance of new coffee shops, restaurants, and independent businesses opening up as part of Tottenhams ongoing regeneration. Youll find a family-friendly pub just around the corner, as well as The Palm, a popular local spot known for its excellent food.
Green spaces abound, with Downhills Park, Lordship Recreation Ground, and Chestnuts Park all within easy reach, offering a welcome escape from city life. For everyday convenience, theres a large Tesco Superstore nearby, as well as a retail park at Tottenham Hale.
While the property would benefit from some updating, it offers fantastic potential to create a truly special home. The vendor has advised that the roof was replaced just four years agoan important investment already taken care of.
This is a great opportunity to buy into a vibrant and up-and-coming areaearly viewing is highly recommended.
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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