Stunning 2 bed, 2 bath flat with 2 private terraces

£780,000

2

Bedrooms

2

Bathrooms

1

Reception

An Exquisite, One-of-a-Kind Residence within the Prestigious Princess Park Manor

This impeccably designed lower ground floor apartment is a true masterpiece. Meticulously renovated throughout with no expense spared, the property offers a rare blend of original industrial features and cutting-edge luxury, creating a home that is both striking and serene.

From the moment you enter, you're welcomed by original concrete steps and the architectural details are complemented by bespoke wall and floor finishes, creating an atmosphere of refined urban elegance; with the main living space offering soaring ceilings and a dramatic layout that celebrates both space and style.

The expansive open-plan living space is perfect for both entertaining and relaxing, featuring a grand lounge area with direct access to one of two private garden terraces; ideal for al fresco dining or tranquil morning coffee. The sophisticated kitchen, complete with high end appliances and sleek cabinetry, flows seamlessly into a versatile social area currently used as a games and pool room, but equally suited to a glamorous dining setting.

The primary bedroom rivals any luxury hotel suite, with full height bespoke wardrobes, soft ambient lighting, and access to a second secluded garden terrace. Its en-suite bathroom is a statement in itself, featuring a multi-jet rainfall shower, premium fittings and a spa-like finish that exudes indulgence.

A second bedroom, currently configured as a stylish office, is enclosed by floor to ceiling glass walls and door, creating a dramatic and modern design feature. The large additional family shower room effortlessly blends raw industrial charm, including exposed pipework and ducting, with luxury finishes, paying homage to the buildings historic roots.

Further enhancing this spectacular home are premium touches throughout including underfloor heating, electric blinds, a cleverly concealed utility room, and allocated parking.

Set within the grand and securely gated grounds of Princess Park Manor, residents enjoy access to beautifully maintained communal gardens, tennis courts, and an exclusive on-site gym (membership required). The development is ideally located just moments from New Southgate station, with Arnos Grove Underground a short walk away, offering excellent connectivity.

This extraordinary 2 bedroom apartment must be viewed in person to fully appreciate its bespoke design, flawless finish, and unparalleled lifestyle offering

Tenure: Leasehold

Lease Length: Approx. 98yrs remaining

Ground Rent: Approx 425pa

Service Charge: Approx 4,750pa


Disclaimer

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither Talbies Ltd nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property



Features
  • Leasehold

Nearest Stations:

0.27 miles
New Southgate
0.66 miles
Arnos Grove
1.19 miles
Bounds Green
1.33 miles
Bowes Park
1.55 miles
Southgate

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

£ 646200

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
    £ 19500
  • 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

£ 61200
  • 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

Adjust these figures

  %
  %
£
  %

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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