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£2,000,000
Bedrooms
Bathrooms
An incredible opportunity to purchase this substantial home in Muswell Hill/Highgate, in one of the most desirable and sought after roads. This semi-detached house benefits from off street parking and a private garage. Set back from the road with a pretty front garden the entrance opens to a wide hallway. The front reception has the fireplace and bay window overlooking the front garden. The rear reception has French doors that open to the beautifully landscaped private rear garden. The kitchen has a door to the side and a window overlooking the rear garden and access to a pantry. Stairs lead to the first floor with a huge stained-glass window. There is a separate w.c and large family bathroom. The rear bedroom is a good-sized double room with dual aspect windows. Another double bedroom has window to the rear. The main bedroom, with a period fireplace has a bay window to the front. The fourth bedroom is a good-sized single room or small double. The owners have architect drawings by Craig More, he has created a wonderful side and rear extension, sympathetic to the period style. The plans cleverly combine modern design features such as a wonderful kitchen extension, with double height ceilings
Outside
Well stocked front garden, along with drive and garage, the rear garden has a well maintained lawn with a wonderful selection of evergreens and flowers. The private rear garden is S/E facing and measures approx 60ft.
Situation
Fordington Road is a sought after and desirable road with access to Cherry Tree Woods. The tube in East Finchley is close by, along with the vibrant Broadway in Muswell Hill.
Property Ref Number:
HAM-60523Map location is not available for this property.
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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