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£1,395,000
Bedrooms
Bathrooms
Woodhouse are pleased to offer this Edwardian family home situated moments from Muswell Hill Broadway. This is a CLOSED onward chain, meaning the current family have found an empty property to move into. After being here for 50 years, its time for the next family to move in!
The accommodation is spread over four floors, plus a cellar.
Upon entrance there are 2 x Reception Rooms (with dividing doors), and down a short flight of stairs you enter the Dining Room which leads to the Kitchen. From here you can also access the large Garden, the cellar and a WC.
Going upstairs there are a total of 4 x Double Bedrooms, another WC, and a 2-piece Shower Room.
Theres some lovely original features such as detailed cornicing, stained glass windows, and hardwood floors, and a sizable loft. The loft itself could be converted STPP, and with a large Garden to the rear theres also potential for further extension there STPP.
Muswell Road is a leafy residential street only a short walk from Muswell Hills vibrant Broadway and only a little more to Alexandra Parks green acres and Muswell Hill Golf course. There are plenty of shops & eateries there, and excellent transport links. There are a range of bus routes to the central London and the City. There are convenient transport links to Bounds Green (Piccadilly Line) and Highgate (Northern Line) stations. Excellent Ofsted rated schools are within the catchment area - the highly sought-after APS and Fortismere secondary schools, as well as Muswell Hill, Rhodes Avenue, and Tetherdown primary schools.
Contact Woodhouse today to arrange a viewing and see for yourself the potential of this home for you and your family! Viewings available 7 days a week.
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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