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393 Green Lanes, Palmers Green, London
£1,150,000 Offers over
Bedrooms
Bathrooms
An imposing semi-detached Edwardian house situated within the desirable Lakes conservation area, just a short stroll from Palmers Green mainline BR station to Moorgate, Broomfield, and an excellent selection of cafes and restaurants on nearby Aldermans Hill and Green Lanes.
The ground floor boasts a generously sized front reception room with a bay window, a beautiful panel ceiling, and an open fireplace. The adjacent dining room is separated by tall double doors, creating a flexible space to dine and unwind. The rear of the house has been reconfigured, with the addition of a thoughtfully designed side extension featuring a large roof light that draws in plenty of natural light. The space showcases an impressive open-plan kitchen/lounge that seamlessly blends style with functionality, while dual aspect bi-folding doors provide access to the garden - perfect for al fresco dining. The kitchen is fitted with sleek modern units, a contrasting backsplash, and a centre island with a granite worktop. The owners have retained the high corniced ceiling above one section of the lounge, and the entire space enjoys large floor tiles with underfloor heating. There is also a cleverly concealed utility cupboard between the dining room and kitchen. The entrance hall features striking tessellated tiled flooring, with a door at one end leading to a modern shower room. A long landing on the first floor guides you to four bedrooms, three of which are generous doubles, plus a family bathroom with a four-piece suite. The principal bedroom also enjoys a walk-in wardrobe.
Outside, a low-maintenance rear garden extends 762' in length, featuring a wide patio with floor tiles matching the kitchen/lounge and an artificial lawn. At the front of the house is a driveway and a gate providing access to the rear garden.
We highly recommend a viewing appointment to fully appreciate the space and features this superb property offers.
Council Tax: London Borough of Enfield - Band G
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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