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£750,000
Bedrooms
Bathrooms
A bright and beautifully presented three/four-bedroom terraced townhouse with drive and parking for two cars. The house is located on one of Enfields premier roads offering easy access to Enfield Chase Station and the shops of Windmill Hill, Chase Side and Enfield Town.
The accommodation extends to approximately 1500 sq ft and comprises entrance hall with doors leading to: guest cloakroom, separate kitchen and reception / dining room giving access to a bright patio and enclosed garden. The patio benefits from a glass veranda and the garden has mature shrubs, shed and side gate access. Internally, stairs rise to the first floor which offers reception room, second room currently used as a double bedroom and shower room. The second floor consists of three further bedrooms and en-suite with bath. The property boasts an abundance of natural light, is well maintained with double glazing, gas central heating and loft.
Waverley Road is a sought-after residential address which is superbly located for access to local schools, restaurants and shops, to include Little Waitrose. Enfield Chase Station (Thameslink) is within a 5 minute walk and provides regular commuter services to Londons Moorgate and Kings Cross Stations. Enfield Town Station (Overground/Weaver Line) is easily accessible with services to Seven Sisters and Liverpool Street stations. Both Enfield Golf Club and Trent Country Park (with its 800+ acres of publicly accessible countryside, farmland, and equestrian centre) are also closely located.
Map location is not available for this property.
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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