4 bedroom semi-detached for sale

£750,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

Offers 750,000- 765,000. A LOVELY BRIGHT AND SPACIOUS FOUR BEDROOM 1930s SEMI DETATCHED HOUSE situated within walking distance to both Arnos Grove Underground Station and New Southgate Overground station. Nearby are the open spaces of Arnos Park and Broomfield Park.
The property is, in our opinion, in very good condition throught and benefits from having on the ground floor a good size through lounge with doors leading to the garden and a modern galley kitchen. On the first floor are three good size bedrooms and the modern family bathroom whilst on the second floor is the main bedroom and an en-suite modern shower room. The garden at the rear is approx. 90 and is very much secluded with laid to lawn, mature bushes and mature trees
Council tax band E

A beautifully well presented house with a lovely large mature garden filled with birds song. Interior tastefully decorated throughout using Little Green Paints based over three floors ground floor with a large through reception room overlooking the garden filled with natural light throughout the day from the patio doors and from the front bay windows enjoying the sun rise and the sun set. In addition the room enjoys the benefit of contemporary white wooden shutters on the front bay windows.

On the first floor there are three bedrooms two large double sized bedrooms with good ceiling height with a modern family bathroom including a shower and recently decorated third bedroom which can be used as a study or additional single bedroom. Two bedrooms to the front of the house also enjoying the same style of contemporary white wooden shutters.

On the second floor there is the very large master bedroom overlooking the trees and green space of the garden and is filled with natural light and has a large Juliet balcony with contemporary white wooden shutters and a family bathroom including a bath and a shower and unusual element of having a juliet balcony overlooking trees into the garden giving complete privacy from neighbours from the back of the house. The owner is looking to hand over a piece paradise of nature in London to the next owner to enjoy and to care for nature.

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

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

Mortgage Required

£ 621450

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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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
    £ 18750
  • 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

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£

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

£ 58950
  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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

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  • 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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