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£825,000
Bedrooms
Element Properties & Co are proud to present this immaculate, three bedroom semi-detached house, set within a modern, private development in the Bounds Green / Bowes Park area.
Boasting over c156 SQM (c1684 SQFT) of lateral space; this exceptional architecturally designed property is comprised of three double bedrooms, a large open plan kitchen/living room, three ensuite bathrooms, a downstairs W/C and large rear garden.
Additional benefits include two off street parking spaces.
The property has a fantastic energy rating of B (assisted by the discrete solar panels on the roof).
Exquisitely designed from top to bottom, this home offers a chic interior and finish throughout.
Located in a secluded private estate with off-street parking, gates on each side of the development (allowing a cut through to Bounds Green), the property presents a unique experience given the wonderful bio-diverse woodland in which it resides and its detached nature both symbolically and physically from the busy London lifestyle.
The key benefits London has to offer can all be found on this homes doorstep whilst maintaining green surroundings.
Bounds Green Station is situated only 0.3 miles away (Piccadilly Line) - offering links around North and Central London. Passing stops include Finsbury Park, Holborn, Kings Cross and Leicester Square alongside a variety of others. As a note, Finsbury Park Station is only a 15 minute train journey on the Underground. Moreover, Bowes Park (0.2 miles) and Alexandra Palace (0.4 miles) stations offer direct links to Highbury & Islington and Moorgate - in 15 and 25 minutes respectively.
The property is positioned around the corner from the community centred Myddelton Road, boasting a variety of shops and cafes. The vibrant offerings of Muswell Hill and Green Lanes can both be found only a short walk away and the colourful markets and parks of Alexandra Palace offer a great escape from bustling city life.
Thereafter, Alexandra Park and Myddleton Road both provide Sunday markets offering a huge spread from local produce, groceries all the way to vintage gear! Both spaces are a must see for anyone looking to move in the area as the community spirit cannot be better reflected than taking a stroll through these colourful markets.
Viewings are highly recommended to ascertain the uniqueness of this property.
Offered on a freehold basis, the property falls under Council Tax Band E and is sold with no onward chain.
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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