3 bedroom flat for sale

£650,000

3

Bedrooms

1

Bathrooms

Floorplan

Set across the lower ground floor of an imposing Victorian building, this well-proportioned three bedroom home boasts contemporary decor, private patio and garden in the heart of popular Stroud Green.

Versatile living awaits in your garden flat, with four rooms that could be utilised for a variety of uses. Approaching the property you are welcomed by a large driveway, ideal for parking, and a handsome stucco fronted stairwell.

Once inside you will notice plentiful natural light throughout, illuminating fresh white walls and laminate wood flooring. Three differently sized bedrooms offer a wealth of options for home office, nursery and spare bedrooms. Your nice sized bath and shower room sits in the heart of the property, complete with chrome fittings and stone effect tiling.

A large reception room awaits to the rear, further illuminated via recessed spot lighting as seen throughout the property, and windowed doors that lead into the kitchen area adjacent. Here a trio of patio windows, circular window and Velux skylight pour even more natural light across the space, where youll find a wealth of crisp white cabinetry and granite effect worktops that surround contemporary appliances.

Your dining area sits by the patio for meals with a garden view. A few steps take you up onto the private garden level, framed by fencing and mature trees with plenty of space to enjoy the upcoming warmer months.This is a truly delightful two double bedroom property, perfect for a couple, young family within an ideal location for work from home-rs and pub-goers.

Tollington Park sits a mere stroll from the Parkland Walk, running from Finsbury Park up to Highgate Woods along a disused railway line, and less than a ten minute walk to Finsbury Park tube, for the Victoria, Picadilly and overground lines. Check out our Neighbourhood Guides for local tips on your new area.

Map location is not available for this property.

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 538950

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 16250
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 51450
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

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  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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