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£525,000
Bedrooms
Bathrooms
KINGS GROUP offer in the desirable Punchard Crescent, Enfield, this charming four-bedroom house presenting a perfect blend of comfort and convenience. Built around the year 2000, the property is in excellent condition and is ready for you to move in without delay.
Upon entering, you will find a spacious through lounge that provides a welcoming atmosphere, ideal for family gatherings or entertaining guests. The house boasts two well-appointed bathrooms, ensuring ample facilities for both residents and visitors. The layout is particularly suitable for families or landlords seeking a rental opportunity in a thriving area.
The property is situated within a private estate, enhancing the sense of community and security. Just a stones throw away, you will discover a local field and park, perfect for leisurely strolls or outdoor activities. Additionally, the estate features its own shopping area, gym, and a selection of eateries, catering to all your daily needs and lifestyle preferences.
For those who commute, Enfield Lock station is conveniently nearby, providing easy access to Tottenham Hale and London City, making this location ideal for professionals and families alike. With a garage and driveway included, parking will never be a concern.
This delightful home presents an excellent opportunity for anyone looking to settle in a vibrant community with all the necessary amenities at their fingertips.
Freehold
Private Estate Fee PA 300
Potential Rental Value 2,500 PCM
Council Band E
EPC Band TBA
Standard Construction
Low Flood Risk
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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