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£1,100,000 Guide Price
Bedrooms
Bathrooms
This amazing three double bedroom Penthouse apartment has un-interrupted southerly views over Enfield golf course and beyond to central London. The magnificent 35 x 25 lounge opens up onto the largest of 3 balconies and the master bedroom suite has a fitted out office and large en-suite.
All the fittings are bespoke and the proportions of the apartment would rival those of two good sized houses. There are two allocated parking spaces, shared freehold and a lift. The property is sold chain free.
An entryphone gives access to the very smart communal hallway. Lift or stairs to upper floor. This apartment is on the top floor.
Top Floor Landing. Octagonal dome giving great additional light, door to apartment.
Reception Hallway This is a fantastic space for over-spill from parties, additional natural light from a light dome. Built in cupboard, radiator, guests cloakroom w/c.
Huge Dual Aspect Lounge 3510 x 253 There is an array of 6 double glazed doors or windows to the rear aspect with leads onto the large viewing terrace, there are further windows to the side aspect, wall light points, Toshiba air conditioning unit, two radiators, attractive white marble fire-place with inset electric fire within a cast iron basket, dimmer switches.
Large Balcony Terrace Fantastic southerly views, newly fitted artificial grass, storage cupboards to either side, outside lights and outside tap, power point, water feature.
Integrated Kitchen/Diner 172 x 165 Entered via double doors from the hallway. Double glazed double doors onto a balcony, a ceiling dome gives additional natural light. The kitchen is fitted with a very extensive range of modern wall and base units, integrated Bosch dish washer, built in Miele double oven and plate warmer, Integrated Miele fridge/freezer, double bowl sink inset to ample work surfaces with additional lighting, 5 ring Miele induction hob with extractor fan over and large curved, stainless steel splash-back behind, radiator, Amtico flooring.
Utility Room 95 x 52 Single drainer sink, Miele washing machine and drier, ceiling dome lighting, fuse boxes, built in cupboard with boiler and hot water tank.
Master Bedroom Suite
Bedroom 265 x 17 Double glazed double doors to the front aspect leading onto a balcony, two radiators. There are a large number of fitted wardrobes to one wall with matching drawers. There is lighting in each cupboard and the middle two wardrobes leads through to a useful eves storage space with lighting.
En-Suite Shower and Bathroom Well-proportioned shower cubicle, bath with mixer tap, vanity wash hand basin with polished stone surround, shelving, large fitted mirror, radiator, ceiling dome.
En-Suite Office 1011 x 711 Velux double glazed window. The office has been fitted out with professionally fitted solid wood desk, drawers and book shelving, radiator.
Bedroom Two 16 x 146 Double glazed windows to the side aspect. radiator, triple wardrobes.
Bedroom Three 206 x 10 Double glazed windows, fitted double wardrobe, radiator.
Bathroom Amtico flooring. There is a well proportioned shower cubicle, wash hand basin, radiator, ceiling dome.
Exterior
Underground parking with allocated spaces for two vehicles.
Communal Gardens
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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