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£1,000,000
Bedrooms
Bathrooms
This unique 4 double bedroom, 3 reception, detached 1920s house is located in one of Enfields most sought after roads, close to Enfield Chase Station with its direct regular train services to central London.
Local shops and restaurants are close by and the property affords easy access to Enfield Town. The property has beautiful Art Deco style character features and well-proportioned rooms comprising some 1800sq feet of light and airy living space. Other benefits include an integral garage/workshop, a good sized front garden and a very spacious back garden including a locked secure side passage, a shed, greenhouse and outdoor w.c. Early viewing advised.
Covered porch with quarry tiled floor. Original oak double doors with fitments giving access to the hallway.
Hallway Two attractive stained glass and leaded windows to the front aspect, turning staircase to the first floor with under-stairs cloak-hanging cupboard with electric meter and fuse box. Panelled doors with attractive surrounding architrave.
Reception One 175 x 127 Bay windows to the front aspect, two skirting board radiators, ornate coving, serving hatch.
Reception Two 184 x 117 Dual aspect with windows to the front aspect and French style glazed doors into the rear garden, two skirting board radiators, ornate coving, built in shelving.
Reception Three 12 x 117 Windows and door into the rear garden, very useful and possibly, original built in cupboards and drawer units to one wall, chimney breast with small built in cupboard, radiator, ornate coving.
Kitchen 11 x 12 (maximum) Windows to the rear aspect, wall and base units and drawers, single drainer sink, work surfaces, plumbing for washing machine, Potterton boiler with timer.
Larder Cupboard 63 x 28 Shelving and light.
W/c Tiled walls, frosted window, low flush w/c, radiator, wash hand basin.
First Floor Galleried landing, stained glass and leaded windows, panelled doors with attractive surrounding architrave, large walk in airing cupboard with hot water tank with immersion heater and slatted shelving. Access to generous sized loft.
Bedroom One 182 x 122 Dual aspect with secondary glazing to front and rear aspects, two radiators, wash hand basin, coved ceiling. Door to W/c.
En-Suite W/c Frosted window, low flush w/c.
Bedroom Two 18 x 118 Dual aspect secondary glazed windows to front and back, two radiators, built in storage cupboards, wash hand basin.
Bedroom Three 149 x 128 Bay window to the front aspect with secondary glazing, three radiators, built in cupboard, picture rail, fitted shelving.
Bedroom Four 12 x 105 Secondary glazed window, built in cupboard, wash hand basin.
Bathroom W/c 92 x 76 Double glazed frosted windows to the rear aspect, panelled bath with mixer tap, tiled shower cubicle, low flush w/c, pedestal wash hand basin.
Exterior
East Facing Front Garden approximately 15 deep with own drive providing off street parking to the garage.
Garage 1510 x 9 Double doors, power and light, pedestrian door to the rear with brick built shed and further garden shed behind, green house.
West Facing Rear Garden measuring 54 long by 52 wide. Garden w/c. Concreted patio area, outside tap and outside light, large lawn, raised borders to one side and at the rear. Locked pedestrian access.
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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