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£1,200,000
Bedrooms
Bathrooms
Located on one of Muswell Hills ever popular Lake roads is a beautiful four bedroom mid terraced Edwardian family home. Offering original features and huge potential. Outstanding schools and local transport links are close by. Property to be sold with no onwards chain.
The ground floor offers 2 well proportioned reception rooms, one with doors opening to a large garden with patio area ideal for al fresco dining. There is a separate dining room, kitchen and access to a
cellar.
The first floor benefits from a large principal bedroom, 3 further double bedrooms (one currently set up as a utility room), shower room and separate w.c.
There are a range of local shops, cafes and delis, and Muswell Hill Broadway with its vibrant array of independent
shops, restaurants, cafes and cinema is close by. Outstanding primary and secondary schools are within easy
reach.
The green spaces of Alexandra Park are within walking distance and Muswell Hill Golf Course is a short distance
away.
Nearby transport links will take you to Highgate tube (Northern Line) and Bounds Green (Piccadilly Line) and
Alexandra Palace overground takes you to Moorgate in 20 minutes.
This is a beautiful family home with great potential.
Freehold.
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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