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£3,000,000 Offers in excess of
Bedrooms
Bathrooms
Situated in the heart of Totteridge Village is this self-contained detached family residence on approx. 1 acre of land.
This unique property is finished to a high standard throughout and upon entry you are greeted by a bright entrance hallway with views straight through to the rear of the property towards the stunning rear grounds. The entrance hall leads onto a spacious reception/dining room, conservatory and a separate island kitchen with a range of wall and base units. To the ground floor there are also two double bedrooms both benefiting from an en suite bathroom and fitted wardrobes. There is also a downstairs cloakroom.
To the first floor the main bedroom has spectacular views over the garden and has an en suite as well as an abundance of fitted wardrobes. There are two further double bedrooms with use of a Jack and Jill bathroom.
The property is approached via a paved driveway with parking for several cars. Within the grounds there is a tennis court, summer house, and a garage which has a separate self-contained annex to the rear. The rear garden measures approx. 230 ft. deep and 68 ft wide.
Local Authority:
Barnet Council
Council Tax Band: H
FREEHOLD
Situated in the heart of Totteridge Village is this five bedroom detached family residence on approx. 1 acre of land.
This unique property is finished to a spectacular standard throughout and upon entry you are greeted by a bright entrance hallway with views straight through to the rear of the property towards the stunning rear grounds. The entrance hall leads onto a spacious reception/dining room, conservatory and a separate island kitchen with a range of wall and base units. To the ground floor there are also two double bedrooms both benefiting from an en suite bathroom and fitted wardrobes. There is also a downstairs w/c.
To the first floor the main bedrooms has spectacular views over the garden and has an en suite as well as an abundance of fitted wardrobes. There are two further double bedrooms with use of a Jack and Jill bathroom.
The property is approached via a paved driveway with parking for several cars. Within the grounds there is a tennis court, summer house, and a garage which has a separate self contained studio to the rear. The rear garden measures approx. 350 ft. deep and 75 ft wide.
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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