4 bedroom semi-detached for sale

£1,000,000 Offers in excess of

4

Bedrooms

2

Bathrooms

Floorplan

Nestled in the tranquil surroundings of Langside Crescent, this substantial semi-detached house on the sought-after Minchenden Estate presents an exceptional opportunity for families seeking a spacious and comfortable home. Boasting four generously sized double bedrooms, this property is perfect for those who value space and versatility.
Upon entering, you are greeted by a welcoming entrance hall that leads to a delightful through lounge, ideal for both relaxation and entertaining. The morning room offers a bright and airy space, while the fitted kitchen/diner provides a practical area for family meals and gatherings. The convenience of a downstairs cloakroom adds to the functionality of this well-designed home.
The property features a large family bathroom, complemented by a separate shower room, ensuring ample facilities for busy mornings. Outside, the expansive rear garden is a true highlight, offering a private oasis for outdoor activities and potential for further development, subject to planning permission.
Situated close to the charming Cherry Tree area of Southgate, residents will enjoy easy access to Southgate Tube station and local bus services, making commuting a breeze. Additionally, the property falls within the catchment area for several reputable schools, making it an ideal choice for families.
Offered chain-free, this home is ready for you to move in to and make it your own. With excellent extension potential and a prime location, this property is not to be missed. Come and discover the perfect blend of comfort and convenience in this delightful family home.

Entrance Hall: - Wooden Front Door with Side Windows, Parquet Flooring, Large Radiator, Picture Rail, Cornicing. Door to DOWNSTAIRS CLOAKROOM.

Through Lounge: - 10.36m x 4.24m narr to 3.68m (34 x 1311 narr to - With Open Archway Between the 2 Rooms.

Front Reception Room: - 5.08m x 4.24m (168 x 1311) - Double Glazed Bay Window to Front, Curved Radiator, Parquet Flooring, Cornicing, Wall Light Points, Panelled Wooden Door to Hallway.

Rear Reception Room: - 5.28m x 3.68m (174 x 121) - Double Glazed Sliding Patio Doors to Garden, Parquet Flooring, Radiator, Cornicing, Wall Light Points, Panelled Door to Hallway.

Ornate Fireplace: -

Breakfast Room: - 3.28m x 2.87m (109 x 95) - Double Glazed Window, Parquet Flooring, Radiator, Picture Rail, Door to Kitchen/Morning Room.

Fitted Kitchen/Diner: - 6.02m x 2.39m (199 x 710) - Floor and Wall Units, Gas Hob, Built Under Oven, Ample Space for a Dining Table. Double Glazed Window Overlooking Rear Garden, Double Glazed Door to Garden.

Bedroom 1: - 5.31m x 3.99m (175 x 131) - Double Glazed Bay Window to Front, Radiator, Fitted Wardrobes.

Bedroom 2: - 4.50m x 3.61m (149 x 1110) - Double Glazed Window to Rear, Fitted Wardrobes, Radiator.

Bedroom 3: - 3.35m x 2.87m (11 x 95) - Double Glazed Window to Rear, Radiator, Fitted Wardrobe Unit.

Bedroom 4: - 2.72m x 2.46m (811 x 81) - Double Glazed Window to Front, Radiator.

Family Bathroom: - White Suite Comprising of Panelled Bath, Pedestal Wash Hand Basin, Low Flush WC., Bidet. Double Glazed Window. Fully Tiled Walls.

Separate Shower Room: - A very Useful Additional Shower Area with Wash Hand Basin. Double Glazed Window, Fully Tiled Walls.

Rear Garden: - 27.33m x 10.41m (898 x 342) - Mainly Laid to Lawn, Paved Patio Area, Outbuilding.

Rear Elevation Of Property: -

Map location is not available for this property.

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

£ 818950

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
    £ 25000
  • 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

£ 68950
  • 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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