Boasting huge amounts of living space throughout, this beautiful ground floor property, which was originally the show home when first built, is made up of 2 large bedrooms; with the main bedroom consisting of a dressing area as well as en-suite with both bathtub and separate shower cubicle. There's an additional fully tiled family bathroom, large kitchen with dining area (which also gives direct access to the communal gardens). Last but not least is the expansive living room with designated dining area.
There's tons of storage within the very large hallway (with is over 9 meters in length!!) in the form of 2 storage cupboards, as well as a large communal storage cupboard within the secure underground carpet area
Additional benefits include large bay windows, fireplace, patio doors within the living room that lead to the stunningly kept communal garden plus there are 2 allocated parking spaces within the gated, underground carpark.
In terms of location, it is superbly located only 10mins walk to both Bush Hill Park and Enfield Town Rail Stations. This also means all the shops, restaurants and supermarkets of Enfield Town are within walking distance
Viewing highly recommended for this beautiful and sizable property
Tenure = Freehold
Service Charge = Approx. £2,500pa
Room Sizes:
Living Room = 17'1 x 28'2
Kitchen = 16'1 x 9'2
Bedroom 1 = 19'7 x 12'8
En-Suite = 10'2 x 5'6
Bedroom 2 = 14'8 x 9'8
Family Bathroom = 9'5 x 5'9
Tenure : Freehold
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 |