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£1,050,000
Bedrooms
Bathrooms
Kings Group - Enfield Town are pleased to offer this FOUR BEDROOM PERIOD HOUSE which offers a reception room, dining room, well equipped kitchen, downstairs W.C, utility room, four bedrooms, family bathroom as well as separate W.C upstairs. There is also a basement, garden, original fireplaces, sash windows & gas central heating (untested). The property is conveniently located for access to the A406 / all of which offer good road links to the surrounding areas. In our opinion this property would make the perfect family home or ideal investment property as its within the catchment area of some of Enfields most sought after schools including St Monicas Caltholic School in addition to Palmers Green station and Broomfield Park.
Entrance - Front door to:
Hallway - Window to front, stairs to first floor landing, under stairs storage cupboard, meter cupboard, double radiator, picture rail, coved ceiling smoke alarm, carpeted flooring.
Downstairs Wc - tiled splash backs, low level W.C, tiled flooring.
Lounge - 5.79m x 4.47m (190 x 148) - Sash bay window to front, double radiator, open style wrought iron fireplace with tiled surrounding and wooden over mantle, TV point, phone point, power points, picture rail, coved ceiling, carpeted flooring.
Dining Room - 4.11m x 3.81m (136 x 126) - Single glazed sash window to rear, double radiator, open style wrought iron fireplace with tiled surrounding and wooden over mantle, power points, coved ceiling, carpeted flooring, french door leading to lean to.
Kitchen - 5.23m x 3.05m (172 x 100) - Single glazed sash window, single radiator, tiled splash backs, range of base and wall units with granite effect roll top work surfaces, space for cooker, gas oven, gas hob, integrated chimney style hood extractor, sink and drainer unit, space for fridge freezer, plumbing for washing machine, power points, picture rail, laminate flooring.
Utility - 3.45m x 2.62m (114 x 87) - Single glazed window to rear and side, single radiator, wash hand basin, storage cupboard, power points, tiled flooring.
First Floor Landing - Window to side, picture rail, stripped wood flooring, doors to:-
Bathroom - Single glazed sash window to rear, single radiator, panel enclosed bath with shower attached, pedestal wash hand basin, tiled walls, lino flooring.
Bedroom 1 - 5.89m x 4.11m (194 x 136) - Single glazed sash bay window to front, coved ceiling, two double radiator, original gas wrought iron fireplace with tiled surroundings and wooden over mantle, built in storage cupboard, power points, carpeted flooring.
Upstairs Wc - Single window to front, single radiator, tiled splash backs, low level W.C, wash hand basin, lino flooring.
Bedroom 2 - 4.27m x 3.81m (140 x 126) - Single glazed sash window to rear, coved ceiling, radiator, original gas wrought iron fireplace with tiled surroundings and wooden over mantle, picture rail, power points, carpeted flooring.
Bedroom 3 - 3.20m x 2.13m (106 x 70) - Single glazed window to rear, coved ceiling, single radiator, original gas wrought iron fireplace with tiled surroundings and wooden over mantle, power points, carpeted flooring.
Bedroom 4 - 4.50m x 3.35m (149 x 110) - Single glazed bay window to front, single radiator, picture rail, power points, carpeted flooring.
Garden - 27.43m (900) - Mainly laid to lawn with plant and shrub borders, side access, raised patio, concrete paving, outside tap, outside light.
Basement - Single glazed window to rear, power points.
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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