4 bedroom end of terrace for sale

£775,000 Offers in excess of

4

Bedrooms

2

Bathrooms

Floorplan

This is a wonderful opportunity to acquire a spacious four-bedroom end of terraced family home. Offering a thoughtful layout and impressive potential, this property is perfect for both growing families. The ground floor features a large, welcoming reception room ideal for socialising, a separate dining area, and a roomy kitchen that leads out to a bright and airy conservatory. The conservatory serves as a tranquil space, offering lovely views of the expansive garden, making it an excellent spot to unwind or host family gatherings.

Slades Gardens is a sought-after, peaceful residential street, making it a fantastic choice for both families and professionals. The area is well-served by excellent schools, including Merryhills Primary School, Highlands School.

On the first floor, youll find two generously sized double bedrooms, alongside a third single bedroom that could easily be used as an office, nursery, or additional bedroom, as well as a family bathroom. Each room is spacious and versatile, offering plenty of potential to suit modern living needs.

An added benefit of the home is the side extension, which can be used as a fully independent space, This separate living space includes a comfortable bedroom, a shower room, and a kitchen making it an excellent option for additional rental income or as a private space for a guest or relative.

The property also boasts a unique lower level with a cellar, an ideal feature for wine lovers, extra storage.

At the back of the expansive garden, there is a double garage, providing ample parking or extra storage space. This area has the potential to be transformed into a workshop.

A drive to the front provides off-street parking for two vehicles, ensuring easy access for homeowners and visitors alike.

Outdoor enthusiasts will appreciate the proximity to Trent Country Park, a vast green space with walking trails and recreational opportunities. Golf lovers will also enjoy being close to Enfield Golf Club.



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

£ 642075

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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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
    £ 19375
  • 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

£ 60825
  • 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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