5 bedroom semi-detached for sale

£880,000 Offers in excess of

5

Bedrooms

1

Bathrooms

Floorplan

''SITUATED ON A LARGE PLOT'' Located on a highly sought-after residential road, this substantial five-bedroom semi-detached house offered CHAIN FREE with an excellent combination of space, comfort, and convenience, making it an ideal family home. Boasting 163 sqm of living space, the property has been thoughtfully extended to the side and rear, providing generous and versatile accommodation. The ground floor features a spacious layout with two reception rooms, currently used as a living room and a dining room, perfect for both entertaining and family relaxation. A standout feature is the impressive 27ft kitchen/diner, offering ample space for cooking, dining, and socializing. A downstairs WC and a double bedroom on the ground floor add to the functionality of this well-designed home. The first floor comprises four well-proportioned bedrooms, providing comfortable living for families. A large four-piece family bathroom suite completes the upstairs accommodation, offering convenience and style. Externally, the property benefits from off-street parking to the front and a generously sized rear garden, mainly laid to lawn, ideal for outdoor activities, gardening, or relaxing.

This home falls within the catchment area of highly regarded schools, including The Wren Academy and Merryhills Primary School, making it an excellent choice for families. With easy access to the A10, local shops, and amenities just a 10-minute drive from Enfield Town Centre, the location is both convenient and desirable. Additionally, Gordon Hill Station, with direct links to the City, ensures excellent transport connections.

Offered to the market chain free, this exceptional property is ready for its new owners to move in and make it their own. Dont miss outcontact us today to arrange a viewing!



Features
  • Freehold

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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

£ 728700

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

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
    £ 22000
  • 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

£ 68700
  • 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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