Four/five bedroom semi detached house

£1,250,000

5

Bedrooms

1

Bathrooms

3

Reception

Floorplan

Addison Townsend are delighted to offer this attractive and substantial four/five bedroom Edwardian semi-detached corner property situated in this quiet location within half a mile of Winchmore Hill Green and British Rail station. Accommodation comprises three reception rooms, kitchen/breakfast room and guest cloakroom to the ground floor. Four good sized bedrooms, a further bedroom currently used as a dressing room, bathroom and separate w.c. complete the first floor. There is a large rear garden and off-street parking with potential for a garage. EPC rating E. Council tax band G. Offered CHAIN FREE.

Property additional info

Hallway:
Original stained glass residential door and window to lobby. Double doors into hallway. Central heating radiator. Wood flooring.

First Reception Room: 25' 9 x 16' 8 (7.84m x 5.08m)
Large original sash bay window, further round sash bay and further original sash window. Three central heating radiators. Attractive fireplace with fitted shelving and storage cupboards below to alcoves. Wood flooring.

Second Reception room: 17' 8 x 11' 11 (5.38m x 3.63m)
Original windows and French door to rear garden. Two period style central heating radiators. Wood flooring.

Dining Room: 16' 11 x 13' (5.15m x 3.96m)
Three original sash windows to side aspect. One central heating radiator. Wood flooring. Opening to kitchen.

Kitchen/Breakfast Room: 16' 3 x 19' 9 (4.95m x 6.02m)
Large semi-circular island with two inset circular sinks. Storage cupboards beneath. Two separate large fitted storage units including integrated electric oven/grill/microwave, fridge/freezer and coffee machine. Separate range cooker with filter chimney above. Three column central heating radiators. Corner screened utility area fitted units and circular sink inset to worktop. Wall-mounted Vaillant gas central heating boiler (system not tested). Plumbing for washing machine and space for tumble dryer. Double glazed French doors to rear garden. Wood flooring.

Guest Cloakroom:
Original window. Vanity wash hand basin. Low level w.c. Central heating radiator. Part-tiled walls and tiled flooring.

First Floor Landing:
Stained glass window to flank wall. Two storage/linen cupboards. Central heating radiator. Wood flooring. Access to roof space POTENTIAL FOR EXTENSION, subject to planning.

First Bedroom: 18' x 11' 2 (5.48m x 3.40m)
Original sash windows to front bay. Fitted wardrobes. Three central heating radiators. Wood flooring.

Second Bedroom: 14' x 13' 3 (4.26m x 4.04m)
Original sash window to round bay. Three central heating radiators. Fitted carpet.

Third Bedroom: 16' 10 x 11' 10 (5.13m x 3.60m)
Original sash windows. Original style fireplace. Two central heating radiators. Fitted carpet.

Fourth Bedroom: 11' 2 x 9' 5 (3.40m x 2.87m)
Original sash bay window. Central heating radiator. Fitted carpet.

Fifth Bedroom: 9' 4 x 7' 3 (2.84m x 2.21m)
Currently used as a Dressing Room. Original sash window. Fitted wardrobe cupboards, mirror. Central heating radiator. Fitted carpet.

Bathroom:
Double glazed opaque window. Bath with shower. Shower screen. Vanity wash hand basin. Upright central heating radiator. Tiled walls and flooring.

Separate WC:
Opaque window. Vanity wash hand basin. Low level w.c. Central heating radiator. Part-tiled walls and flooring.

Nearest Stations:

0.36 miles
Winchmore Hill
0.82 miles
Palmers Green
0.98 miles
Grange Park
1.17 miles
Southgate
1.63 miles
Bush Hill Park

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

£ 1037700

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 31250
  • 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

£ 100200
  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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

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This is the assumed rate of house price inflation.

Final Property Value

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

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