3 bedroom semi-detached for sale

£800,000

3

Bedrooms

1

Bathrooms

Floorplan

Located in the desirable area of Cockfosters, this spacious 3-bedroom house offers a comfortable and functional living space.
On the ground floor, youll find a generously sized kitchen diner with ample wall and base units, perfect for preparing meals for family and friends. The bright and airy through lounge provides ample space for entertaining.
Outside, youll discover a 60-foot rear garden, mainly laid to lawn with a paved patio area for alfresco dining or simply enjoying the outdoors. There is also paved off-street parking for two cars, along with side access to the back garden.
This property is ideally situated close to excellent local schools, Cockfosters High Street amenities, an underground station for easy commuting, and the scenic Trent Park for leisurely walks.
Dont miss the opportunity to view this delightful house in good condition, with a fully insulated and boarded loft adding valuable storage space. Contact us today to arrange a viewing.

Hallway - 3.40m x 1.88m (111' x 62') - Neutrally decorated with coving, radiator, understairs storage, laminate flooring and wall lights.

Living Room - 7.92m x 3.86m (2511' x 127') - A beautifully presented, bright and spacious through lounge. With wrought iron fireplace, laminate flooring, coving, double glazed bay window, two radiators and French doors leading to the kitchen/diner.

Living Room (Pic 2) -

Dining Room -

Kitchen - 5.64m x 3.05m (186' x 100') - Tiled flooring with a multitude of wall and base units. Black marble effect worktops, stainless steel sink with mixer tap and tiled splashbacks. Built in gas hob, oven, microwave, extractor fan and fridge. Spotlights.

Breakfast Room - 5.64m x 3.05m (186' x 100') - Dining area with doors leading out to the garden.

Utility Room - 3.18m x 1.83m (105' x 60') - Tiled flooring with wall and base units, spotlights and space for fridge freezer.

Downstairs Wc - 1.52m x 0.91m (411' x 211') - Low flush WC, pedestal wash hand basin with mixer tap and partially tiled above. Tiled floor with chrome towel ring.

Bedroom 1 - 4.42m x 3.35m (146' x 1011') - Double glazed bay window to front aspect. Carpeted with coving and radiator.

Bedroom 2 - 3.28m x 3.28m (109' x 109') - Double glazed window with radiator beneath. Carpeted with coving to ceiling.

Bedroom 3 - 2.46m x 2.44m (80' x 80') - Doubled glazed window, radiator and coving.

Family Bathroom - 2.44m x 2.24m (80' x 74') - Fully tiled with white three piece suite and spotlights. Full sized panelled bath, wash hand basin with mixer tap and vanity unit below. Low flush WC and frosted double glazed window.

Garden - 19.00m x 8.00m (624' x 262') - Mainly laid to lawn with paved patio area and shed at the back.

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

£ 662700

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 20000
  • 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

£ 62700
  • 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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