4 bedroom detached for sale

£750,000 Offers over

4

Bedrooms

1

Bathrooms

Floorplan

James Hayward are delighted to offer this substantial four-bedroom semi-detached house, on Green Dragon Lane, N21, which requires work throughout but that also presents an excellent opportunity for families seeking a spacious and versatile home, that you can infuse with personal style. With two generous reception rooms, this property offers ample space for both relaxation and entertaining. There is a good sized kitchen-diner, that presents a perfect space for family meals and gatherings.

The first floor features a conveniently located bathroom with separate WC and there is a ground floor cloakroom, ensuring comfort and accessibility for all residents. Additionally, the property boasts a cellar, which can be utilised for storage or transformed into a creative space to suit your needs.

Outside, the extensive garden awaits your personal touch. While it is currently in need of cultivation, it offers a blank canvas for gardening enthusiasts or those looking to create a tranquil outdoor retreat. The property also includes off street parking, adding to the convenience of this lovely home.

This residence is ideally situated in a friendly neighbourhood, close to local amenities and transport links, making it a perfect choice for those looking to settle in a thriving community. With its spacious layout, original features and potential for personalisation, this house is a wonderful opportunity for anyone looking to create their dream home.

A very generous sized, four bedroom, semi detached character home, requiring work throughout but offering a perfect opportunity for those wishing to add their own personality to their new home. The House is complemented by a good sized garden with side access, that needs cultivation but will be a gardeners dream come true with imagination and there is front off street parking ensuring a stress free return home every time. The property is ideally situated in a thriving community, close to everyday amenities, transport links and much more. An ideal family home, just waiting for some TLC



Features
  • Freehold

Map location is not available for this property.

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 621450

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 18750
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 58950
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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