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£1,850,000
Bedrooms
Bathrooms
Hillfield Park is one of Londons most photographed streets due to the far reaching views over the City. This grand Edwardian home is arranged over three floors. The front reception has a period fireplace with real fire, there is wooden flooring, high ceilings and bright sash windows to the front. The hall has the original tiled floor and leads to the kitchen diner that is in the center of the house with a bright skylight with views onto the garden. There are modern kitchen units with quality integrated appliances and breakfast bar. The rear reception room has high ceilings and sliding doors that open onto the patio area of the south facing garden, ideal for Al-fresco dining. There is a guest w.c with two good storage cupboards for coats and shoes. There is a good-sized cellar with a door that leads to the front, perfect for bringing in and storing bikes. The first floor has three generous double bedrooms, the rear bedroom opens onto a private balcony with views over the city. There is a great sized family bathroom with a window to the rear and a separate guest w.c. The top floor has two further spacious double bedrooms and separate shower room. This generous family home is well located for the outstanding local schools, both Queens Wood and Highgate Wood can be easily reached via the Parkland Walk, as well as the tube in Highgate.
Outside
A fantastic south-west facing garden with stone patio, perfect for Al-fresco dining, there is a good sized lawn and mature plants and shrubs. The first floor bedroom, leads to a private balcony with views of the City.
Situation
Hillfield Park is very conveniently located for the shops and amenities of Muswell Hill. It is also within the catchment area of the outstanding local schools. The tube in Highgate is within easy reach.
Property Ref Number:
HAM-56283Your 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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