2 bedroom apartment for sale

£625,000

2

Bedrooms

2

Bathrooms

Floorplan

Lanes are delighted to welcome to market Dessaline Lodge, 110 Bush Hill, N21. Dessaline Lodge provides a peaceful and tranquil setting in landscaped gated grounds adjacent to Bush Hill golf course and over 100 acres of peaceful parkland.

This high specification luxury first floor apartment benefits from 2 double bedrooms, the main bedroom with fitted wardrobes and an en-suite, family/guest bathroom and a private terrace off of the open plan kitchen/lounge. With zoned under floor heating throughout, an allocated private parking space, a long lease of 122 years remaining and approx. 7 years remaining on Advantage Warranty.

Other rare benefits include lift access, 1080hd CCTV external monitoring, digital entrance control system, an impressive water-boosting tank to ensure maximum pressure, Grohe Smart Control bath, Hcker kitchen featuring soft close units with clever storage solutions, hand-finished quartz worktops, luxury Italian porcelain wall and floor tiles and EV charging points.

At the heart of the area is Winchmore Hill The Green, a village surrounded by shops and restaurants. It is also abundant with cafes, pubs and bars, supermarkets and grocery stores. Winchmore Hill sports club provides the local area with cricket, football, tennis, hockey and table tennis facilities.
Transport links to London (Enfield, Grange Park, Winchmore Hill) and just 28 minutes to Londons Kings Cross. It is also in close proximity to Enfield Towns vibrant shopping centre.

Entrance - Wood floors, under floor heating, storage cupboard housing meters and boiler, spotlights, intercom, doors to all rooms.

Open Plan Lounge/Kitchen - 5.26m x 5.92m (173' x 195') - Lounge - Double glazed doors to front aspect leading out to the terrace/balcony. Wood flooring, under floor heating, spotlights.

Kitchen- Wood flooring, under floor heating, quartz splashbacks and worktops, integrated Siemens single oven with gas hob, extractor hood, stainless steel sink with mixer taps, integrated washing machine, dishwasher, fridge freezer and microwave. Base level and eye level units, spotlights.

Bedroom One - 3.68m x 3.91m (121' x 1210') - Double glazed windows to front aspect, fitted carpets, under floor heating, door to En-Suite, fitted wardrobes, spotlights.

En-Suite - 1.42m x 2.18m (48' x 72') - Tiled flooring, tiled walls, double shower cubicle, vanity hand basin with mixer tap, low level concealed w.c, spotlights, heated towel rail.

Bedroom Two - 2.44m x 4.65m (80' x 153') - Double glazed window to front aspect, fitted carpet, under floor heating, spotlights.

Bathroom - 1.65m x 2.44m (55' x 80') - Tiled flooring, tiled walls, panel enclosed bath with mixer tap and shower attachment, vanity hand basin with mixer tap, low level concealed, spotlights and heated towel rail.

Terrace - Tiled, front aspect.

Lanes Enfield Town Reference Number - ET5227/CS/CS/AX/310125



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

£ 518325

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
    £ 15625
  • 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

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£

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

£ 49575
  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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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

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  • Final Equity Profit
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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Notes

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