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£270,000 Offers over
Bedrooms
Bathrooms
SellMyHome are excited to present to market this WELL-PRESENTED TWO-BEDROOM TOP-FLOOR APARTMENT, ideally located in the quiet and sought-after cul-de-sac of Clarence Close, EN4!
Situated on the third floor, this spacious and light-filled apartment is perfect for first-time buyers, professionals, or investors looking for a low-maintenance home in a prime location.
Step inside to discover a welcoming hallway leading into a generously sized living room, perfect for relaxing, working from home, or entertaining guests. The separate kitchen is well-appointed with ample countertop and cupboard space, making meal preparation both practical and enjoyable.
The apartment offers two comfortable bedrooms, each with natural light and a peaceful ambienceideal for restful nights or flexible use as a guest room or home office. The stylish three-piece bathroom is cleanly finished, featuring a full-sized bath, basin, and W/C.
Additional benefits include top-floor privacy, and parking available for residents - adding convenience to your day-to-day living.
Located in a well-maintained development, Clarence Close is just a short distance from local shops, amenities, and excellent transport links, including New Barnet and Cockfosters stations making commuting to central London quick and easy.
This charming apartment offers a fantastic opportunity to step onto the property ladder or expand your investment portfolio in a well-connected area.
Contact SellMyHome today to arrange your viewing!
Tenure: Leasehold
Lease Term: 74 Years Remaining
Service Charge: 2,208 per annum
Ground Rent: 110 per annum
Council Tax Band: D
All details are approximate and should be checked via your solicitors.
Map location is not available for this property.
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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