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£1,000,000
Bedrooms
Element Properties & Co are delighted to present this expansive four-bedroom period home, offered in excellent condition throughout.
From the moment you step inside, the property impresses with a wide and welcoming hallway that sets the tone for the generous proportions throughout. Real wood floors run seamlessly across the entire ground floor, adding warmth and character while complementing the homes period charm.
The bright and airy through-reception room benefits from high ceilings and double doors leading out to the garden. The hallway also offers useful understairs storage and leads into a spacious kitchen and dining area, fitted with sleek stainless steel worktops and modern integrated appliances. From here, sliding doors provide access to a private garden, featuring a patio, a lawn, and a versatile outbuilding at the rear. The outbuilding is thoughtfully divided into two functional spaces: a workshop and a home office, both with electrical supply and rear access via Manor Road.
The first floor accommodates three double bedrooms and a family bathroom. The principal bedroom at the front of the house is particularly spacious and includes fitted wardrobes. The second floor hosts an additional double bedroom along with a generously sized second bathroom and excellent built-in storage.
The property enjoys a prime location just around the corner from the vibrant Myddleton Road, known for its independent shops, cafes, and a popular monthly Sunday market. Green Lanes is also within easy reach, offering a wider range of amenities. For outdoor enthusiasts, the open green spaces of Alexandra Palace and Woodside Park are nearby, along with the tranquil New River Path which is perfect for a local stroll. The weekly Alexandra Park Farmers Market is a local favourite, showcasing fresh produce and artisan goods.
Transport links are excellent. Bowes Park Overground Station is just a short walk away, providing direct connections to Finsbury Park, Highbury & Islington, Old Street, Moorgate, and more. Bounds Green Underground Station, served by the Piccadilly Line, offers additional convenience for travel into Central London.
Offered on a freehold basis, the property falls under Council Tax Band E (2,698.59 per annum) and is sold with no onward chain.
Internal viewings are highly advised.
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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