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£1,295,000 Guide Price
Bedrooms
Bathrooms
This rare gem to the market offers generous modern day living space within this fine Edwardian built semidetached family house boasting an abundance of period features and 60ft garden.
This rare gem offers generous modern living space within a beautiful Edwardian-built semi-detached family home, boasting an abundance of period features and a 60ft garden that backs onto Tudor Park, providing ample opportunity to extend and develop (STPP). It is set in a popular and sought-after residential area, approximately one mile from Barnet Town Centre.
The house has been recently redecorated, both internally and externally, and is ready to welcome its new fortunate owners. It retains period charm, including fireplaces with ornate surrounds, sash windows, and replaced hardwood wide floorboards and cellar. Accommodation is accessed through glazed panelled double doors into the entrance hall, leading to a splendid square-bay fronted reception room, a separate dining room with garden access, and a spacious kitchen breakfast room with an exposed brick feature wall and further garden access. Stairs rise to a split-level landing, leading to four bedrooms and a bathroom. There is also potential to convert the large loft space, offering the possibility to add additional bedrooms for a growing family.
Located at the desirable top end of Clifford Road, the property is just a short distance from Monken Hadley Common and High Barnet Town Centre, while directly backing onto Tudor Park.
Nearby, youll find several highly regarded state primary and secondary schools, including Monken Hadley CofE, Cromer Road Primary, Queen Elizabeth Girls Secondary, Barnets new Ark Pioneer Academy, and Queen Elizabeths Boys Grammar.
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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