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£975,000
Bedrooms
Bathrooms
A stunning, refurbished 2 bedroom ground floor garden apartment on a sought after road. Finished to a high standard throughout. The property boasts an abundance of natural light and further benefits include an extra room on the lower ground that can be utilised as a study or similar. Chain Free
Layout consists of a large contemporary reception/kitchen/dining area with bi-folding doors opening onto a private garden, a spacious double bedroom (built in wardrobes), double (built in wardrobe) with doors leading out to the garden, family bathroom, separate shower room and useful study room or similar.
This property provides bright and spacious living with a modern stylish interior.
Located on this sought after tree lined road which is within a short walk of Muswell Hill Broadway and its excellent selection of shops, restaurants and bus services providing easy access to Highgate tube station (Northern Line). Also close at hand is Bounds Green tube station (Piccadilly line) Alexandra Park, Palace and its main line station with connections to the City. There are excellent primary and secondary schools close by.
Must be seen to be truly appreciated.
Chain Free.
Share of Freehold.
Haringey Council Tax Band E
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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