5 bedroom end of terrace for sale

£2,300,000

5

Bedrooms

3

Bathrooms

Floorplan

SOLD! A very special (approx. 2700 SQFT) Victorian style house built over four floors with stunning Kitchen, impressive Garden and Driveway for two cars.

This bright and airy Victorian end of terrace house is on a large plot, providing off-street parking for two cars and side access to the garden. The builder of these houses kept this plot for himself in addition to the additional width, there is an original second floor, a generous loft above that, and various unique features and decoration.

The ground floor features a stunning kitchen/dining room/family room space, under a double-height glass conservatory-style structure, complete with a bespoke Tim Moss handmade kitchen, Gaggenau appliances, and an adjoining utility room and bathroom. At the front of the property is a double reception room at one end of this a window opens into the kitchen space, connecting the rooms when required. In the other half is a fireplace with a Stovax log burner, and a shuttered bay window.

The main bedroom is located on the first floor and spans the width of the house. There are 3 large Sash Windows providing dual aspect and bespoke built-in wardrobes. There are two more double bedrooms on this floor, both which are dual aspect with the 3rd bedroom currently being used as a large office and featuring an amazing private roof terrace with fantastic views of the garden and beyond. The family bathroom has a large walk-in shower and roll top bath.

The second floor comprises two further bedrooms with one of them benefitting from its own ensuite shower room.

The basement has two large rooms and a smaller space used for storage/heating controls. Currently the larger two rooms are used as a gym/office/wine and other storage, with a light well in the front room. There is also an additional large storage cupboard located under the stairs.

The 85ft west facing garden has been landscaped to provide a large patio area, lawn area with mature trees and flower beds. At the front there is a driveway for two cars with secure side access leading to the garden.

Tetherdown is an excellent and central location within Muswell Hill, great for the local schools including Fortismere, Our Lady of Muswell along with Eden Primary and Coldfall Primary. A short walk will take you to Fortis Green Road with its array of independent boutiques, cafes, delis, restaurants, supermarkets and the Everyman cinema located inside a stunning Grade II' Art Deco building. There are several green spaces nearby including Coldfall Woods, Alexandra Park, Parkland Walk and Highgate and Queens Woods. For transport there is a fantastic network of busses taking you to a variety of Tube stations including East Finchley, Highgate and Bounds Green.



Features
  • Freehold

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

£ 1972450

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 57500
  • 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

£ 247450
  • 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

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This is the assumed rate of house price inflation.

Final Property Value

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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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