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£2,000,000 Offers over
Bedrooms
Bathrooms
Reception
This four-bedroom, three-bathroom flat located on the fifth floor of a purpose-built building on Riverside Drive, Golders Green, offers over 3,000 sq. ft. of living space, including two reception rooms, an open-plan kitchen with a breakfast room, and a stunning roof terrace with panoramic views of London. The master bedroom features a walk-in wardrobe and en suite, while the second bedroom offers direct access to the terrace. The property also includes first-come, first-serve parking and is ideally situated near local shops, schools, and public transport links. Chain-free with 175 years remaining on the lease, this is an excellent opportunity for luxury living or investment.
Internally - This spacious four-bedroom flat, located on the fifth floor of a purpose-built building, offers over 3,000 sq. ft. of well-designed living space with potential for further expansion, subject to planning permission (STPP). Upon entering, a welcoming hallway leads to two generously sized double bedrooms. The master bedroom boasts a walk-in wardrobe and direct access to a en suite bathroom. The second double bedroom features access to the roof terrace, ideal for outdoor relaxation. The inner lobby connects to the main bathroom and the first reception room. There are also two comfortable single bedrooms, both with fitted wardrobes, perfect for additional family members or guests. The well-appointed kitchen is complemented by an adjoining breakfast room, offering a convenient space for casual dining. A large reception room, perfect for entertaining, flows seamlessly into the dining room, with sliding doors opening onto the roof terrace for easy indoor-outdoor living. This flat offers a unique blend of space, comfort, and future potential, making it an ideal family home or investment opportunity.
Externally - The highlight of the property is a large roof terrace that provides stunning panoramic views of London, including iconic landmarks such as Wembley Stadium.
First come first serve parking spaces.
Location - Located within walking distance to Golders Green Road with a number of local shops and amenities. There are a number of transport links including Brent Cross Underground Station 0.7 miles away, Hendon Central Underground Station 0.8 miles away and Golders Green Underground Station 0.9 miles away. Local schools include Hasmonean Primary School 0.3 miles away, Independent Jewish Day School and Talmud Torah Tiferes Shlomoh both 0.4 miles away, Peninim 0.5 miles away and Menorah Primary School 0.6 miles away.
Additional Information - Council Tax Band G 3,393per annum
Leasehold -175 years remaining on lease
Service Charge per annum 12,700 includes water and heating - it is to be paid quarterly (3,175 per quarter)
(All above as advised)
New Home: Non New Home
Maximum Area (in sq ft) 3054 sq ft
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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