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£1,000,000 Guide Price
Bedrooms
Bathrooms
Nestled in the desirable area of Fords Grove, London N21, this impressive extended semi-detached house offers a remarkable opportunity for families seeking spacious living. With a generous layout, the property boasts eight well-proportioned bedrooms with ample storage, providing sufficient space for both relaxation, privacy and areas to work from home if required; currently, one bedroom is used as a dressing room and one as a Study/office space
The home features three inviting reception rooms, perfect for entertaining guests or enjoying family time. Additionally, there are two kitchens, which can be particularly advantageous for those who enjoy cooking or require extra space for meal preparation and a utility room, which is always an asset. The two bathrooms located on the first floor ensure convenience for all residents, making morning routines a breeze and there is a ground floor cloakroom, which benefits everyone.
Outside, the property is complemented by a generous sized south facing garden with access at the rear to a service road and front off-street parking, accommodating several vehicles, which is a rare find in this bustling area of London. The combination of space, functionality, and location makes this semi-detached house an ideal choice for larger families or those looking to invest in a property with great potential.
With regard to location, the property is ideally situated in a vibrant community, within easy reach of Winchmore Hill main line station, a vast array of shops, cafes, bars, restaurants and everyday amenities; Winchmore Hill sports club is also close by.
In summary, this eight-bedroom home in Fords Grove is a unique offering that combines comfort and practicality, making it a must-see for anyone in search of a spacious family residence in London.
A perfect opportunity for larger families or those looking for a property with potential. Eight bedrooms, three reception rooms, two kitchens, utility room, two bathrooms and a guest cloakroom, offer convenience all round. This lovely property in the midst of a very vibrant community and is within easy reach of a vast array of shops, cafes, bars, restaurants and everyday amenities; there are also some highly regarded schools for all ages close by and Winchmore Hill Sports Club and green spaces are a short walk from the property.
Map 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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