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£900,000 Offers over
Bedrooms
Bathrooms
Situated on a quiet no-through road and close to Alexandra Palace Rail station, is this charming double-fronted four bedroom terraced family home spread over two floors and spanning over 1250 sq ft in size.
Nestled on a quiet no-through road, this charming and delightful double fronted terraced home spans over 1250 sq ft and offers a well-balanced family accommodation across two floors.
The ground floor features a bright, spacious fully fitted kitchen leading into a generous dining room, complete with a delightful fireplace. A through-lounge reception room, boasting wood floors and another character fireplace, opens onto a mature, secluded garden that stretches the entire width of the house, perfect for both family life as well as entertaining. A convenient downstairs W/C completes the arrangement.
Upstairs, you will find three double bedrooms and a further single sized bedroom, together with a large family bathroom that features a stunning clawfoot free-standing bathtub and separate walk-in shower. A substantial loft space, with the scope to convert (subject to planning consent), provides an exciting potential for future growth.
Ranelagh Road is a charming, peaceful location offering excellent connectivity with Alexandra Palace Rail Station and the Piccadilly Line Underground, both within easy reach.
A warm and characterful family home that truly must be seen to be fully appreciated.
EPC Rating: D
Council Tax Band: E
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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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