3 bedroom detached for sale

£3,750,000 Offers in excess of

3

Bedrooms

3

Bathrooms

Floorplan

This beautiful five-storey Georgian townhouse offers nearly 2,500 square feet of living space and enjoys a wonderful location directly overlooking Regents Canal, with a south-facing rear garden that enhances the appeal of the outdoor space. The property retains a wealth of original features, including crenellated balconies, mitred windows, classic shutters, and intricate cornicing. Inside, the interiors have been thoughtfully designed by the acclaimed Nicky Haslam, with bespoke solid wood cabinetry crafted to the highest standards throughout.
Having been tastefully renovated, the property seamlessly blends its original Georgian charmsuch as high ceilings and floor-to-ceiling windowswith stylish modern finishes, including a striking glass staircase banister. The spacious kitchen and dining area opens through a characterful door directly onto the south-facing garden. The windows perfectly frame the picturesque garden, with a built-in window seat offering a cozy spot to enjoy the views. The elegant ground-floor drawing room offers a peaceful view of the canal.
On the first floor is the principle bedroom with an en suite bathroom, the real feature is a terrace that offers views of the garden and canal. The second floor features an additional bedroom and bathroom, while the top floor has been reimagined by the current owners as a bright, versatile studio/office with extra bedroom space. From the top floor, the rear window has southern-facing views across the canal, stretching all the way to the city.
One of the propertys most unique features is the south-facing rear garden, which offers a private secret passage to a seating enjoy the canal views.
Additionally, this property holds historical significance within the British art world. Walter Sickert, one of the leading figures of British Impressionism, once rented a studio here (previously 26 Noel Street, now 54 Noel Road). During his time at the property, Sickert created several iconic works, including The Hanging Gardens, which captures the back garden of the house with the canal and tree-lined views in the background. This remarkable painting was sold at Christies in 2013 as part of a private collection.

Situation

Noel Road is sat within a Conservation Area, just by the Regents Canal, the green open space of Duncan Terrace gardens, and mere moments from Angel underground station making for effortless travel across the capital, Kings Cross is positioned within 1 mile and so international connections are equally simple. The City is accessible by bike or tube and there are ample bus routes available. In terms of amenities, Camden Passage offers an array of independent offerings as well as a regular antiques market, more commercial offerings are available via Upper Street. Third Space and Virgin Active provide fantastic wellness options locally while restaurants such as Fredericks are local favourites to dine. Islington is blessed with ample well rated state schooling options both primary and secondary, and Senior Canonbury, part of the North Bridge House schooling group, provide a public schooling option.

Property Ref Number:

HAM-56563

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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

£ 3270200

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
    £ 93750
  • 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

£ 457700
  • 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.

£

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

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Notes

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