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£1,475,000
Bedrooms
Bathrooms
Positioned on Vicars Moor Lane in Winchmore Hill, this stunning semi-detached house has been beautifully remodelled by the current owners, offering a perfect blend of modern living and classic charm. Located conveniently close to the vibrant Green N21, residents will enjoy easy access to an array of cafes, restaurants, and shops, as well as the nearby Winchmore Hill Station for effortless commuting.
Upon entering the property, you are greeted by a welcoming hallway that leads to two elegantly connected reception rooms, enhanced by pocket doors that allow for versatile living spaces. The rear reception room flows seamlessly into a modern fitted kitchen, making it an ideal setting for both entertaining and family gatherings. The ground floor also features a convenient downstairs WC and a spacious utility room, which can be accessed from the kitchen and offers doors leading to both the front and rear of the property.
The first floor comprises three well-proportioned bedrooms, including one with an ensuite shower room, alongside a family bathroom that caters to the needs of the household. Ascending to the top floor, you will discover an indulent principal bedroom, complete with a dressing area and a luxurious ensuite bathroom, providing a private retreat.
Externally, the property boasts a driveway that offers off-street parking, while the rear garden, with its desirable southerly aspect, provides a tranquil outdoor space for relaxation and recreation, there is also a covered outdoor kitchen area. Additionally, a charming garden room providing a gym and home office, catering to your personal needs.
This remarkable home is a true gem, combining comfort, style, and practicality in a sought-after location. It is an opportunity not to be missed for those seeking a delightful family residence in Winchmore Hill.
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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