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£2,225,000
Bedrooms
Bathrooms
Newly Built in 2018, this spacious home boasts approx. 2700 SQFT of accommodation over four floors and is excellently located in Muswell Hill.
The property boasts great natural light as its located at the end of the terrace and there are extra windows to the side making this one of the few triple aspect homes in the development!
Upon entering the ground floor, a wide and bright entrance hall leads to the open plan Kitchen/Dining/Living Room with doors opening out onto the garden. There is a guest WC located on the ground floor whilst there is also access to the garage and several storage cupboards.
Heading upstairs, the 1st floor comprises a large and particularly bright reception room thanks to its triple aspect windows, and a Bedroom suite complete with built-in wardrobes, own balcony and en suite shower room.
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 bathroom.
The top floor boasts a large and special 16ft x 15ft room which could be used as a 5th bedroom but is currently being used a Living/TV Room. This room features floor to ceiling bi fold doors (there is air conditioning) and provides access to a South Facing Roof Terrace with views towards Highgate Wood.
Further features include underfloor heating throughout the house, air-conditioning in the top room and bespoke fitted wardrobes and a 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.
Tenure: Leasehold
Length of lease: 995 Years Remaining
CHAIN FREE!
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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