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£2,225,000
Bedrooms
Bathrooms
Newly Built in 2018, this approx 3000 SQFT home over four floors with triple length garage, lush views from the roof terrace boasts one of the best positions within the Woodside Square development.
Upon entering the ground floor, a wide and modern entrance hall provides access to all the ground floor rooms including the front room which is currently being used as Bedroom 5 but can also be utilised as a TV Room/Study, large bathroom, utility room and a huge 32-foot-long garage.
Heading upstairs there is a large and grand reception room boasting great natural light thanks to the dual aspect windows and the position within the development. There is direct access to the private garden whilst a modern and high spec kitchen open outs to the dining room with a South Facing balcony completes this floor.
The 2nd floor comprises three double bedrooms including the main bedroom featuring its own dressing area and en suite shower room. The other two bedrooms share a complete bathroom.
The top floor boasts a large 16ft x 15ft bedroom with floor to ceiling bi fold doors providing access to a South Facing roof terrace with amazing, verdant views towards the greenery of Highgate Wood.
Further features include underfloor heating throughout the house, air-conditioning in the top room and bespoke fitted wardrobes and EPC rating of B
Marwood Square is part of the Woodside Square development, a tranquil and convenient development completed in 2017 on the former site of St Lukes Hospital adjacent to Highgate Wood. Muswell Hill Broadway can easily be reached by foot where you can take advantage of the independent boutiques, cafes, delis, restaurants, supermarkets. For transport, both East Finchley and Highgate tube stations are within walking distance (both are 0.7 miles away) Local schools include Tetherdown, St James CoE, and Fortismere.
CHAIN FREE!
Council Tax Band: G
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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