3 bedroom terraced for sale

£925,000

3

Bedrooms

1

Bathrooms

Floorplan

Rarely available is this stunning Arts and Crafts style 1132 SQFT Three Double Family Home boasting a Special and Large Mature Garden.

These properties rarely come to the market, there are only 6 of them in the terrace and you have to go back almost 20 years before the last one was sold!

Upon arrival you are greeted with a black gate and red door with Georgian style glass in the top half. There is stunning original style terracotta and cream tiles along with an immaculate front garden with its established roses and shrubs that give complete privacy.

The ground floor features a bright and welcoming hallway with cornicing and dado rails, a wider-than-average living/dining room with lovely bay window, feature fireplace and access to the garden along with a fitted kitchen with dining area with doors leading directly out to a stunning raised terrace with a glass roof. Thereby enabling the full width of the breakfast room via its French doors to be open, leading out immediately to the garden with its covered space. There is downstairs WC perfectly located off the hallway.

The first floor provides three good size double bedrooms with two of them featuring bespoke built in wardrobes. The main bedroom has two sets of built in cupboards which stretch from the floor to the ceiling, there is also a lovely original fireplace along with a glorious arched window with verdant views over the front garden.

The loft area is huge and provides exciting potential to create further space by adding a 4th bedroom with an en suite. There is also potential for a ground floor extension.

What makes this property so special is the garden. Its over 80 ft long and has been landscaped to provide several zones, each perfect for soaking up the beauty and tranquillity. There is a built-in underground water irrigation system along with several electrical power points. There are numerous lights which are solar powered. The current owner has even installed a Wi-Fi extender ensuring that even at the back of your 80ft garden, you have internet connection! There are several LED lights in the shed and also by the seating area at the bottom of the garden. The garden is magical in the evenings and is a real highlight of the home!

Nightingale Road is a quiet residential street located only 0.3 miles from both Bowes Park and Alexandra Palace mainline stations, and 0.4 miles from Bounds Green Tube Station. Bustling Myddelton Road which won high street of the year in 2016 has only got better since with a monthly community-run Sunday market. There is a vibrant selection of independent cafs, bakeries, shops, restaurants with the popular Bohem Tap Room and Hillbilly Social offering a selection of locally brewed beer including the Bowes Park Pale Ale.

Map location is not available for this property.

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

£ 765825

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
    £ 23125
  • 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

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£

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

£ 72075
  • 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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