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257 Oakleigh Road North, N20 0DG
£565,000
Bedrooms
Bathrooms
Reception
The home provides ample living space, boasting a large L-Shape living Room. The modern kitchen boasts large amounts of floor and wall mounted storage, plenty of worktop space and is designed with brick style tiling that compliments the tiled flooring. Theres also a separate utility room that also houses the guest WC which adds to the functionality of the property.
Upstairs consists of 2 good size double bedrooms plus 1 decent size single bedroom. Alongside a modern, fully tiled bathroom with side window; allowing for natural ventilation.
The house boasts a wide garden plot, offering a generous outdoor space perfect for relaxation and play as well as a patio area, ideal for outdoor dining and entertaining.
There is potential to extend the property, subject to planning permission, making it a versatile option for future growth.
Situated close to Gordon Hill Overground, the property offers excellent transport links, making commuting straightforward.
The area is well served by several schools, making it a convenient location for families. Including St Michaels CofE, Lavender and Chase Side Primary Schools. As well as Wren Academy Enfield, Enfield County School for Girls and Enfield Grammer School for Boys secondary schools (all rated good with Ofsted)
Viewings highly recommended for this property that provides practicality as well as being well located; with the added benefit of potential for future expansion
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.
257 Oakleigh Road North, N20 0DG
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