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£1,100,000
Bedrooms
Bathrooms
Nestled in the desirable area of Lavender Hill, Enfield, this rarely available large six-bedroom detached house presents an exceptional opportunity for both families and investors alike. With two spacious reception rooms, this property offers ample space for relaxation and entertaining, making it an ideal home for those who appreciate comfort and style.
The six well-proportioned bedrooms provide plenty of room for family living or can be transformed to suit your needs, whether that be a home office, guest rooms, or childrens play areas. The two bathrooms ensure convenience for busy households, catering to the needs of a growing family or multiple occupants.
One of the standout features of this property is the south-facing rear garden, which invites an abundance of natural light and offers a perfect outdoor space for gardening, entertaining, or simply enjoying the sunshine. The garden is a blank canvas, ready for your personal touch.
Additionally, the property boasts parking for multiple vehicles, a valuable asset in this sought-after location. The potential for development or conversion into apartments adds an exciting dimension for those looking to invest, making this property not just a home, but a promising opportunity for future growth.
In summary, this six-bedroom detached house on Lavender Hill is a rare find, combining spacious living with the potential for development in a vibrant community. Whether you are looking to settle down in a family-friendly environment or seeking a lucrative investment, this property is well worth your consideration.
'Please note this property was underpinned in the late 1990s'
Hallway - 4.90m x 2.54m (161' x 84') - Two frosted double glazed windows to front aspect, stairs leading to first floor landing, under stair storage cupboard, storage cupboard, radiator, doors leading to lounge, dining area and W.C.
Lounge - 8.66m x 6.58m (285' x 217') - Double glazed bay window to front aspect, double glazed window to front aspect, three radiators, French patio doors leading to hallway and door leading to kitchen.
Dining Area - 7.11m x 2.92m (234' x 97') - Double glazed sliding door leading to rear garden, double glazed window to rear aspect, two radiators, tiled floor, part tiled walls and archway leading to kitchen.
Kitchen - 3.89m x 2.92m (129' x 97') - Double glazed window to rear aspect, double glazed door leading to side garden, eye and base level units with granite worktops, stainless steel one and a half bowl sink with mixer tap and drainer unit, integrated dish washer, space for washing machine and fridge/freezer, Range cooker with fitted extractor hood, door leading to lounge, tiled floor and tiled walls.
W.C - Vanity sink with mixer tap, low flush W.C, tiled floor and walls.
First Floor Landing - Frosted double glazed window to side aspect, loft access and doors leading to all rooms.
Bedroom One - 4.80m (into bay) x 4.39m (159' (into bay) x 145' - Double glazed bay window to front aspect, radiator and door leading to ensuite.
Ensuite - Walk in double shower cubicle, vanity sink with mixer tap and granite worktop, low flush W.C, spotlights, heated towel rail, tiled floor and walls.
Bedroom Two - 3.96m x 3.81m (130' x 126') - Double glazed window to front aspect, radiator and fitted wardrobe.
Bedroom Three - 4.88m x 3.28m (160' x 109') - Double glazed window to rear aspect and radiator.
Bedroom Four - 3.96m x 2.97m (130' x 99') - Double glazed window to rear aspect and radiator.
Bedroom Five - 3.66m x 2.97m (120' x 99') - Double glazed window to rear aspect and radiator.
Bedroom Six - 2.54m x 2.29m (84' x 76') - Double glazed window to front aspect and radiator.
Bathroom - Two frosted double glazed windows to side aspect, four piece suite comprising of low flush W.C, panel enclosed bath with mixer tap and shower attachment, shower cubicle, vanity sink with mixer tap, heated towel rail, tiled walls and floor.
Exterior - Front & Side - Pattern brick paved driveway for multiple vehicles, raised flower bed border with various trees, plants, shrubs and bushes, up and over door leading to garage and access leading to rear garden.
Garage - 5.23m x 3.12m (172' x 103') - (narrowing to 83') Up and over garage door, in need of refurbishment, door leading to brick built shed.
Exterior - Rear - South facing rear garden, part crazy paved, rest is mainly laid to lawn, flower bed borders with scattered trees, plants, shrubs and bushes, access leading to front garden and frosted double glazed door leading to brick built shed.
Brick Built Shed - 4.93m x 2.51m (162' x 83') - (narrowing to 56') Frosted double glazed door leading to rear garden, frosted double glazed window to rear aspect, door leading to garage, power and lighting.
Lanes Estate Agents Enfield Reference Number - ET5210/AX/AX/AX/261224
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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