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393 Green Lanes, Palmers Green, London
£1,350,000 Guide Price
Bedrooms
Bathrooms
Guide Price 1,350,000 to 1,375,000. An outstanding Edwardian residence located in the sought-after Lakes Conservation Area, within easy reach of Broomfield Park, Grovelands Park, Palmers Green Overground (with services to Moorgate), Southgate tube station (Piccadilly Line), and the historic Southgate Green.
The property has been significantly updated and extended by the current owner, providing 2,655 sq.ft of generously sized accommodation with high ceilings arranged over three floors. The home successfully blends beautiful character features with contemporary finishes.
The ground floor features a wide entrance hall with tessellated tiled flooring. At the front of the house is a welcoming reception room with a wide bay window and a period fireplace. Cleverly separated from the hall via Crittall doors, the rear of the house showcases a stunning open-plan space incorporating a kitchen, dining area and lounge the perfect setting for those who enjoy cooking and entertaining. The kitchen offers an extensive range of bespoke wall and base units with a granite worktop, integrated appliances and a large island breakfast bar. This impressive space is enhanced by Crittall windows and doors leading to the garden, as well as skylights that draw in copious natural light. Additional features include wooden flooring with underfloor heating, a useful utility room with side access, and a guest WC.
A spacious landing on the first floor leads to four well-proportioned bedrooms, one of which benefits from a cleverly concealed en-suite. There is also a beautiful family bathroom designed in keeping with the character of the house, complete with brass fixtures and a freestanding roll-top bath. On the second floor is the impressive principal bedroom, featuring double doors opening onto a Juliet balcony. There is also an en-suite bathroom and eaves storage. Given the scale of the space, the room could potentially be reconfigured or divided to create two rooms, subject to requirements.
Outside, the property enjoys a mature rear garden extending to just under 76 ft, with a wide patio off the kitchen and another at the rearideal for catching the sun throughout the day, along with a summerhouse. At the front of the property, there is a well-maintained garden and a driveway.
We highly recommend a viewing to fully appreciate the scale and standard of accommodation offered by this wonderful home.
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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