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£2,500,000 Offers in excess of
Bedrooms
Bathrooms
An outstanding example of a large double fronted period house in one of Muswell Hills most desirable roads. The elevated position enhances the grand proportions the house offers. The double reception rooms have been fully opened creating a wonderful space to entertain, tall ceilings and large windows to the front, and huge double doors to the rear, flood this exceptional room with natural light. The windows and rear doors have been replaced with quality wood framed double glazing. The ground floor consists of wonderful lateral space that flows to the large kitchen diner, that leads to the wide south-facing landscaped rear garden, with a spacious study or music room, a utility room and downstairs shower room. A good-sized cellar has a separate entrance to the front, ideal for bringing in bikes. The first floor has four generous double bedrooms, the principal bedroom with en-suite bathroom has views of Alexandra Palace. There is a large family bathroom with walk in shower and separate bath. The top floor has the spectacular main bedroom, double doors open onto a generous south-facing roof terrace with views of gardens, part of the roof is glazed providing lots of natural light. The en-suite has large walk-in shower, bath, w.c and wash hand basin. There is a kitchenette and good storage in the eaves.
Outside
South facing garden with decked terrace, pond, with mature plants and tree at boundary.
Situation
Methuen Park is popular with families and professionals, very close to the Broadway with a great variety of shops and restaurants and within catchment of the outstanding local schools
Property Ref Number:
HAM-0221Your 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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