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£875,000
Bedrooms
Bathrooms
New to the market for the first time in over 50 years and constructed in 1967 by the then St Pancras Housing Association led by housing reformer Father Basil Jellicoe and Irene Barclay who was the first woman to qualify as a chartered surveyor in the UK, we offer for sale this charming two storey house representing a wonderful project for the right buyer.
Nestled within the beautiful Glenhurst Avenue within just a few minutes walk from the famous open spaces of Parliament Hill Fields the house has well balanced accomodation across the ground and top floor and features a compact and charming secluded rear garden and a pleasant front garden space on the approach to the house. Nearby Swains Lane offers independent food stores and cafes virtually on the doorstep. Kentish Town underground station and Gospel Oak overground station are also conveniently located.
Approach - Steps from the pavement up to the front door to the house. The front garden is suitable for seating and pot / bedding plants.
Ground Floor -
Entrance Vestibule - Large storage cupboard suitable for bicycles / suitcases.
Entrance Hall - Carpeted.
Lounge - Double glazed windows looking onto Glenhurst Avenue, carpeted, original serving hatch to the kitchen set within a partly glazed partition.
Kitchen Breakfast Room - A nice bright room requiring re-fitting, with double glazed windows overlooking the rear garden, original built-in pantry cupboards.
Shower Room / Wc - Shower cubicle, low flush wc, wash basin, door to rear garden.
Top Floor -
Landing - Skylight window
Bedroom One - Double glazed windows looking on to Glenhurst Avenue, carpeted, built-in cupboard.
Bedroom Two - Double glazed windows overlooking the rear, carpeted, built-in cupboard, fitted cupboard housing water tank and providing extra storage.
Bedroom Three - Double glazed windows looking on to Glenhurst Avenue, carpeted.
Bathroom - Panel enclosed bath, wash basin, double glazed windows to the rear.
Separate Wc - Low flush wc, skylight window.
Rear Garden - A lovely private space with scope to create a really peaceful area to relax or entertain.
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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