Amazing double fronted 3 bedroom semi-detached house for sale

£910,000

3

Bedrooms

1

Bathrooms

2

Reception

Floorplan

Greengate Residential is delighted to offer for sale this very well-presented double-fronted 3 double bedroom semi-detached house located in Southgate being a short walk to Ashmole Academy and Ashmole Primary School as well as Osidge Primary School and local shopping facilities.

The property has been very well maintained by the present vendors and would make an ideal family home. It benefits from a large through lounge, a fully fitted integrated kitchen with Quartz stone worktops, larger than average bedrooms, (Please see floor plans) Full gas central heating, fully double glazed, solid Oak wooden floors throughout the ground floor, downstairs WC, 2nd Reception/Lounge, master bedroom with en-suite shower & WC and walk-in wardrobe, and with off street parking for at least 5 cars.

Bi-folding doors to the garden featuring BBQ Area that is fully powered, a large patio area, and an external fully powered building that is 13ft x 11'5ft and consists of its own WC and is ideal as a granny annex or office/workspace and can be accessed via the side entrance of the property.

Benefits include:

SEMI-DETACHED DOUBLE FRONTED HOUSE

THREE DOUBLE BEDROOMS

FULLY FITTED FAMILY BATHROOM

EXTERNAL ANEX

FGCH

FULLY DOUBLE GLAZED

OFF STREET PARKING

INTEGRATED KITCHEN

TWO RECEPTIONS

OAK WOOD FLOORING

Nearest Stations:

0.66 miles
Southgate
0.81 miles
Arnos Grove
0.91 miles
New Southgate
1.31 miles
Oakleigh Park
1.44 miles
Palmers Green

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 753450

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 22750
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 70950
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %
  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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