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£800,000 Guide Price
Bedrooms
Bathrooms
'''GUIDE PRICE 800,000 - 825,000''' Nestled in the desirable location of Collingridge House on Old Park Road, Enfield, this exquisite luxury penthouse apartment offers a perfect blend of modern living and elegant design. Built by Magnacrest LTD in 2006, this two-bedroom, two-bathroom residence has been thoughtfully upgraded by the owner since its purchase off plan, ensuring a unique and refined living experience.
Upon entering, you are greeted by a spacious layout that features an inviting reception room, ideal for both relaxation and entertaining. The mezzanine landing, currently utilised as a dining area, adds a touch of sophistication and versatility to the space. The apartment boasts two well-appointed bedrooms, each designed to provide comfort and tranquillity, with the main bedroom is complemented by a stylish en-suite shower room.
One of the standout features of this penthouse is the impressive outdoor space. With two balconies and a large south-facing sun terrace, residents can enjoy breathtaking views over London while basking in the sun. The additional sun terrace, complete with a hot tub, offers a perfect retreat for unwinding after a long day.
For added convenience, the property includes gated underground parking with two allocated spaces. Lift access from the car park to all floors. This apartment is not just a home; it is a lifestyle choice, offering luxury, comfort, and stunning views in a sought-after location. Whether you are looking to buy or rent, this property is a rare find that promises to impress.
Hallway - Porcelain tiled flooring, Velux window, spotlights, video entry phone system, doors leading to lounge, kitchen, bedroom one, bedroom two and bathroom.
Lounge - 7.16m x 5.51m (236 x 181) - Dual aspect double glazed windows, porcelain tiled flooring, storage cupboard housing multi media devices, stairs leading to Mezzanine landing, patio doors leading to balcony, addition double glazed patio doors leading to south facing sun terrace.
Balcony - 3.23m x 1.47m (107' x 410) - Patio paved.
Large Sun Terrace - 6.10m x 3.66m (200' x 120') - Patio paved, South Facing with views over London.
Mezzanine Landing - Dinning Area - 4.60m x 2.87m (151 x 95) - Double glazed Bi-folding doors leading to additional sun terrace, porcelain tiled flooring and airing cupboard.
Sun Terrace - 3.45m x 3.07m (114' x 101') - Patio paved with hot tub.
Kitchen - 5.46m x 2.95m (1711 x 98) - Double glazed window to front aspect, eye and base level units with granite worktop surfaces, stainless steel one and a half bowl sink with mixer tap, space for American style double fridge/freezer, integrated dishwasher and washing machine, Fitted Neff appliances to include five point gas hob, extractor hood, double oven, microwave/oven, coffee machine and three warming draws, spotlights and tiled flooring.
Bedroom One - 6.50m x 4.01m (214 x 132) - Double glazed window to front aspect, double glazed patio doors leading to balcony, Herringbone flooring, fitted wardrobes, spotlights and door leading to en-suite.
En-Suite - Concealed low flush W.C, floating sink with mixer tap, shower cubicle with wall mounted shower, spotlights, tiled floor and walls.
Balcony - 3.78m x 1.96m (125' x 65') - Patio paved.
Bedroom Two - 4.04m x 2.95m (133 x 98) - Double glazed window to front aspect, Herringbone flooring and spotlights.
Bathroom - Tile enclosed bath with bespoke mixer tap and shower attachment, floating sink with mixer tap, concealed low flush W.C, spotlights, radiator, tiled floor and walls.
Parking - Gated underground parking with two allocated parking spaces.
Lanes Estate Agent Enfield Property Reference - ET5265/AX/AX/AX/250625
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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