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£1,400,000
Bedrooms
Bathrooms
Generously proportioned and beautifully finished throughout, this four bedroom terraced house is oozing with original character and is positioned just a minutes walk to the vibrant Stoke Newington Church Street and the award-winning Clissold Park.
Having been lovingly refurbished by its current owners, this ideal family home boasts; three large double bedrooms, a further study/single room, and a stunning first floor reception room retaining much of the original character. There is also a contemporary family bathroom, a utilities/wash room with WC and shower, and a beautiful kitchen-diner leading out to the west-facing rear garden, the perfect sun-trap on sunny afternoons. Other notable features include; a boarded loft space & a large cellar space
Statham Grove is a quiet no-through road nestled away from the hustle and bustle of Church Street and Green Lanes. This lovely home is within a short walk to the eclectic mix of independent shops, bars, and restaurants on Church Street, and is also just across the street from the award winning Clissold Park. Connections into the City and central London are swift and simple with Canonbury station being only a 15 minute walk away. The bus links that run along Church Street and Green Lanes serve north, east, south and west London, too.
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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