Situated within close proximity of local facilities, including a Tesco Express, local pharmacy and medical center, this property is ideal for 1st time buyers or those looking to invest. Bus links provide easy access to either Totteridge & Whetstone (Northern Line) or Arnos Grove (Piccadilly Line) tube stations.
The flat itself is in very good condition throughout and comprises of a bright living room that has a front facing double glazed bay window. There's a good size double bedroom which looks out to the rear garden, a large spacious kitchen with space for a breakfast area, plus fully tiled bathroom.
Other features include wood flooring through the hall, living room and bedroom, built-in storage within the hall, feature fireplace and shutters on the bay window.
The real selling points of this property come in the form of the private rear garden that's accessed via the kitchen, the private front driveway plus the rarity of receiving the full freehold of the building
Viewings highly recommended for this great maisonette
Tenure = FREEHOLD
Approx. Room Sizes:
Living Room = 14'5 x 12'11
Bedroom = 11'6 x 11'5
Kitchen = 12'6 x 8'2
Bathroom =
Garden = 20' x 20'
Tenure : Freehold
Totteridge & Whetstone ()
0.83 km
Woodside Park ()
1.21 km
Arnos Grove ()
1.39 km
Southgate ()
1.47 km
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 |