5 bedroom detached for sale

£2,350,000

5

Bedrooms

3

Bathrooms

Floorplan

Boasting almost 2700 SQFT this spacious Five Double Bedroom Semi Detached Family Home is situated in the heart of Muswell Hill.

The ground floor features a stunning and large open plan Kitchen/Dining/Living Room with oversized bi fold doors leading out to the garden. There is a lovely front reception with bay window and feature fireplace whilst there is also a very handy utility room with the all-important ground floor toilet.

The first floor provides Three good size bedrooms with the original main bedroom spanning the full width of the house. There is a good size family bathroom with both bathtub and separate shower.

The current main bedroom suite is impressive and is situated on the top floor. Two rooms have been knocked into one. There is a glass ensuite shower room along with a separate dressing room. The main bedroom suite is flooded in natural light thanks to its original style sash window, three Velux skylight windows plus a set of windows towards the rear which bi fold creating the most wonderful, calming, and verdant views over the treetops in the garden and beyond.
The 5th bedroom is also located on the top floor; it spans the full width of the house and is ideal for a guests as it benefits from its own en suite shower room.

The garden is a lovely, quiet, and tranquil space with mature planting that is not overlooked by neighbours. There is also a secure side access.

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 level walk will take you to Fortis Green Road with its array of independent boutiques, cafes, delis, restaurants, supermarkets and the Everyman cinema which is 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, Bounds Green and Finsbury Park.

Council Tax Band: G EPC Rating: D



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

£ 2017200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 58750
  • 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

£ 254700
  • 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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