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£1,500,000 Offers in excess of
Bedrooms
Bathrooms
A stunning and rare Victorian Detached Villa (2000 SQFT) thats been fully refurbished to exacting standards.
Welcome to Park House, one of the first houses to be built on Sydney Road.
The current owners carried out a back-to-brick refurbishment in 2016/2017 including a new extension. The house was completely rewired along with a new plumbing and heating system.
The ground floor features a stunning and large bespoke Shaker style Kitchen/Dining/Lounge that spans the full width of the property with oak parquet flooring along with high spec wooden bi fold doors. The kitchen has been designed to have a scullery area and a cooking area along with a separate larder. There is also a separate utility/laundry room with laundry chute from first floor along with a secret office space hiding away behind the kitchen cupboards. This kitchen really has it all! To complete the ground floor, there is lovely front reception room with woodburning stove and verdant views over the front garden along with the all-important ground floor toilet with ample coat cupboards
The first floor provides a total of three bedrooms and two bathrooms including an impressive master bedroom suite. The dual aspect main bedroom features a dressing room along with a large en suite bathroom with both cast iron bath and shower. There are two further double bedrooms on this floor along with a family bathroom. All front facing rooms feature wooden Victorian style shutters.
The lower ground floor is a versatile space and can be used as either a 4th bedroom suite or even as an additional living room. There are built in cupboards along with a shower room.
The rear garden was completely redesigned in 2023 and is a magical space perfect for outdoor living and entertaining. There is an outdoor kitchen with integrated barbeque and pizza oven along with storage underneath. Theres not one, but TWO garden offices, both insulated with power and water with the larger office having a toilet. There is also a large front garden with raised herb beds, fruit trees, garden sheds and log/parcel store.
Sydney Road is well-placed for the local popular schools including Alexandra Park School, Rhodes Avenue Primary School, Coldfall Primary School and also Fortismere one of the few roads thats within favourable catchment areas of all FOUR schools! Your local brunch spot will be Hollybella which has only recently opened its doors whilst a short stroll will take you to Muswell Hill Broadway where you will find a lively mix of independent shops, restaurants, cafes, and cinema.
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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