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393 Green Lanes, Palmers Green, London
£1,300,000
Bedrooms
Bathrooms
An exceptional semi-detached Edwardian house, significantly updated by the current owners, boasting just over 2,100 sq.ft of accommodation. The property successfully blends period charm with modern finishing touches and is located within easy reach of Broomfield Park, Grovelands Park, Palmers Green Overground (to Moorgate), and Southgate Tube Station.
Designed for contemporary living, the ground floor features a stunning open-plan kitchen, living, and dining area, showcasing an extensive bespoke kitchen with a quartz worktop and a sizeable centre island incorporating a breakfast bar and useful storage below. There is also space for a double oven - ideal for showcasing your cooking skills. Crittall-style doors at one end provide access to the rear garden. The room enjoys beautiful herringbone flooring with underfloor heating, ensuring it is comfortable and usable throughout the year. At the front of the house is an impressive living room with a high panelled ceiling, a wide bay window, and a striking fireplace as its focal point. The welcoming entrance hall retains its original tessellated tiled flooring and a monks seat, while at one end, a door leads to a useful utility room/WC.
On the first floor you will find four spacious bedrooms and a family bathroom, sympathetically designed in keeping with the character of the house, complete with a roll-top bath.
The loft has been extended to create a superb principal bedroom with an en-suite, a walk-in wardrobe, and doors opening onto a Juliet balcony.
Outside, the property enjoys a landscaped, south-west-facing rear garden with a wide patio, lawn, and raised borders. To the front of the house is a garden and a gravel driveway.
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.
393 Green Lanes, Palmers Green, London
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