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£2,400,000
Bedrooms
Bathrooms
The semi-detached family home is well presented throughout and benefits from a gated drive that provides parking for 3-4 cars. The wide hallway leads to the bright and spacious front reception room, that has double glazed bay window and original stained glass windows either side of the fireplace. The rear reception room leads directly onto the bright conservatory that spans the full width of the house. The modern fitted kitchen is fitted with stone work surfaces and quality integrated appliances. The garage has been converted into a good sized office and has its own entrance. There is a large utility room that has a second range oven, ideal for preparing meals for Al- fresco dining. The stunning west facing garden measures an impressive 100ft. There is a good sized downstairs cloakroom. Stairs lead to the first floor with a huge stained glass window. There are three good sized double bedrooms, one with an ensuite shower room and another with an ensuite bathroom. There is another family bathroom and generous single bedroom. The large loft could be converted to create a huge principal suite on the top floor or two further bedrooms.
Outside
A fantastic w-facing garden with wonderful mature trees at the borders and well maintained lawn, measuring an impressive 100ft.
Situation
Beech Drive is an established residential street of large detached and semi-detached properties in one of the areas most exclusive enclaves. Coldfall Woods are just at the end of the road while the shops and restaurants of Muswell Hill Broadway and Fortis Green are all within easy walking distance. East Finchley tube station is just over half a mile away providing swift access into the City and West End. Nearby outstanding schools include Fortismere and Tetherdown.
Property Ref Number:
HAM-56654Your 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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