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£2,600,000 Guide Price
Bedrooms
Bathrooms
The wide entrance hall with original wood panels and brick fireplace leads to the large smart front reception room that has period fireplace, original stained glass windows, a large bay wood framed double glazed window. The second reception room has wooden floor, period fireplace and leads to another sitting area that has large skylight and French doors leading onto the incredible private garden. The kitchen is fitted with a range of wall and base units and has plenty of work surface and leads onto the large dining room with windows capturing the wonderful green views over the garden. There is a downstairs shower room, a large utility room and garage that is currently used as a gym. The first floor has four good sized bedrooms with bespoke built in wardrobes and large family bathroom. The top floor has the incredible principle suite with skylights to the front and doors opening onto the private balcony allowing light to flood in throughout the day. There is a smart en-suite shower room with window to the side. There is good storage in the eaves with the front loft being used as a walk in wardrobe.
Outside
A beautifully landscaped private rear garden, planted with a wonderful selection of mature plants and trees, with an Immaculate lawn, a stunning private garden.
Situation
Church Vale is an extremely sought after road, close to the vibrant Muswell Hill Broadway with a wide variety of shops, restaurant and bars. The tube in East Finchley is within easy reach, Coldfall Woods and Cherry Tree woods are close by and Hampstead Heath just a short drive.
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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