6 bedroom detached for sale

£3,800,000

6

Bedrooms

4

Bathrooms

Floorplan

Introducing a truly exceptional six-bedroom, four-bathroom detached residence on the highly sought-after Cannon Hill, N14. Spanning 5,532 sq/ft across three floors and set on approximately 0.38 acres within Southgate Greens conservation area, this remarkable home effortlessly combines luxurious modern living with period charm.

Beyond the gated entrance and landscaped front gardens, the ground floor offers four generous reception rooms with herringbone flooring, a bespoke kitchen featuring Wolf and Sub-Zero appliances, and Crittall doors opening out to the rear garden. A utility room, shower room, and downstairs cloakroom provide added convenience, while the impressive leisure suitecomplete with an indoor swimming pool, jacuzzi, gym, and steam roomensures a lifestyle of pure indulgence.
Upstairs, the first floor hosts four spacious bedrooms, including a principal bedroom with en-suite, dressing room, and Juliet balcony, plus a stylish family bathroom. The second floor adds two further bedrooms and an additional shower room. Outside, the exquisitely designed 88 ft garden, conceived by a Chelsea Flower Show award-winning designer, provides a serene retreat.

Tastefully decorated to the highest standard, this home boasts a Control Smart Home System, ducted air conditioning, heat recovery ventilation, underfloor heating, and Corian natural stone finishes in the bathrooms. Located just moments from the amenities of Cannon Hill Parade and the open green spaces of Broomfield and Grovelands Parks, the property also benefits from significant off-street parking, a garage, and excellent transport linksPalmers Green National Rail Station (Moorgate approx. 25 mins) is only 0.6 miles away, and Southgate Station (Piccadilly Line) is just 0.8 miles away. In catchment for several outstanding schools, this is a home where luxury, convenience, and style converge.

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

£ 3314950

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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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
    £ 95000
  • 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

Adjust these figures

£

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

£ 464950
  • 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.

£

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.

Total Profit

£
  • Final Equity Profit
    £

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

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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