This deceptively spacious property spans across three floors and as well as coming with 4 good size bedrooms, it also boasts 3 bathrooms plus additional guest WC. The ground floor consists of 1 bedroom with en-suite shower room plus provides direct access to the garden. There's also a utility room, storage cupboard and access to the garage from the ground floor.
The first floor is the main living area, providing both a large, front facing living room which spans the width of the house, as well as a good size kitchen with dining area over looking the rear garden.
The 2nd floor is made up of 3 good size bedrooms. With the principle bedroom benefiting from an en-suite shower room and "walk-in" wardrobe area. The other 2 bedrooms also consist of built-in wardrobes, with one of the bedrooms linked directly with a "jack and jill" style bathroom which can be closed off to be a private en-suite if preferred.
Externally there is off-street parking for a couple of cars, as well as an integrated garage. The rear garden is mainly laid to lawn with a small patio area for alfresco dining
In terms of location, New Southgate Overground is just over 10mins walk away. Plus there are plenty of bus links a short walk away, as well as easy access to the A406 North Circular. There's also plenty of amenities nearby, including a Tesco Extra and a retail park
Viewings highly recommended for this spacious 4 bed, 3 bath family house
Tenure : Freehold
Council Tax Band : F
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
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.
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.
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.
Tax Band | % | Taxable Sum | Tax |
less than £125k | 0 | ||
£125k to £250k | 2 | ||
£250k to £925k | 5 | ||
£925k to £1.5m | 10 | ||
rest over £1.5m | 12 |
Tax Band | % | Taxable Sum | Tax |
less than £125k | 3 | ||
£125k to £250k | 5 | ||
£250k to £925k | 8 | ||
£925k to £1.5m | 13 | ||
rest over £1.5m | 15 |
Tax Band | % | Taxable Sum | Tax |
less than £300k | 0(2/5)* | ||
£300k to £500k | 5 | ||
£500k to £925k | 5 | ||
£925k to £1.5m | 10 | ||
rest over £1.5m | 12 |