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£550,000
Bedrooms
Bathrooms
Kings Group are delighted to present this well-maintained three-bedroom period home, offering fantastic potential to become a stunning family residence, ideally positioned within a vibrant and growing community. This charming property boasts a spacious and light-filled ground floor, featuring two bright reception rooms, a fully fitted kitchen, a modern three-piece family bathroom, and direct access to a private rear garden perfect for entertaining or relaxing. Upstairs, the first floor comprises a generously sized master bedroom along with two additional double bedrooms, offering ample space for family living. This property represents an excellent opportunity for both families and investors alike.
Situated in the heart of Tottenham, the home is just 0.7 miles from Tottenham Hale Station, providing convenient access to Central London and beyond. The area is currently undergoing exciting regeneration, further enhancing its appeal. Mulberry Primary School is just a short walk away, and the location benefits from excellent transport links, local shops, amenities, and schools making it an ideal choice for those looking to move into or invest in this thriving North London neighbourhood.
Council Tax Band C
Construction Type - Standard (brick)
Flood Risk- Rivers & Seas: Low, Surface Water: High
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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