3 bedroom detached for sale

£1,000,000 Offers in excess of

3

Bedrooms

1

Bathrooms

Floorplan

''CHAIN-FREE'' EQUITY ESTATE AGENTS are delighted to present this UNIQUE and SPACIOUS Three-Bedroom DETACHED Family Home, set within a Conservation Area in the heart of Enfield Town on Cecil Road. This charming property boasts character features, a south-facing garden, and an enviable location. Perfectly positioned just south of Palace Gardens, a wide range of shops, cafs, and amenities are literally on your doorstep. Enfield Town Park is only 200m away, offering a peaceful green space for leisure and relaxation. For commuters, the property is ideally situated just 0.3 miles from both Enfield Town Station and Enfield Chase Station, providing excellent rail links. There is also convenient access to major road networks, including the A10, M25, and A406, making travel across London and beyond effortless. Families will also benefit from the homes proximity to highly regarded schools, including Enfield Grammar School and Chase Side Primary School, both within the catchment area. This exceptional property combines period character with modern convenience in one of Enfield Towns most desirable locations.

Benefits of this property include a spacious entrance hallway, three large reception rooms, a 10ft fitted kitchen, an outside WC and lean-to, and a generous first-floor landing. The home offers three good-sized bedrooms, a driveway providing off-street parking, a double garage to the side, and an outbuilding for additional storage. Externally, the property boasts a large corner-plot garden with side access, while internally it features gas central heating, high ceilings, and original character throughout. The property is offered chain-free and falls within Council Tax Band F.



Features
  • Freehold

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

£ 818950

Mortgage Loan to Value

%

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

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 25000
  • 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

£ 68950
  • 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

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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

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  %

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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