5 bedroom end of terrace for sale

£1,900,000

5

Bedrooms

3

Bathrooms

Floorplan

A fantastic Five-Bedroom, Three-bathroom, end of terrace Family Home (approx. 2200 sq ft) located in premium location on the corner of Curzon Road and Cecil Road.

BEEN IN THE SAME FAMILY FOR 50 YEARS

The Ground Floor features a Living Room with Bay Window and fireplace to the front, a modern Kitchen/Diner with Bi Fold Doors at the back, 2nd reception room/study and the all-important downstairs WC located off the hallway. There is also access to a cellar. The First floor provides Three good size Double Bedrooms with the main bedroom featuring three sash windows and its own en suite bathroom. Heading to the top floor, the loft has been recently converted and extended to provide Two further bedrooms, both with elevated sweeping views, plus a separate bathroom.

The house recently went through a major refurbishment programme which includes brand new electrics, plumbing, and heating with Cat 5 cabling also being installed.

Externally there is a 50ft Private Garden with side access. There is also a garage which is extremely rare for the area which has a power supply facilitating the easy provision of EV charging.

Curzon Road is a quiet and leafy residential turning close to Muswell Hill Broadway with its vibrant mix of independent shops, restaurants, cafes and cinema. Local schools include Muswell Hill Primary School (0.258 miles) Rhodes Avenue Primary School (0.374 miles) Alexandra Park School (0.433 miles) and Fortismere (0.502miles)

CHAIN FREE!



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

£ 1614450

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 47500
  • 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

£ 189450
  • 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

£

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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