PRICED TO SELL - SUPERB POTENTIAL FOR A FAMILY OR INVESTOR
This is a great opportunity to purchase a spacious, 3 bedroom semi-detached house in a great location for local schools and transport links.
With New Southgate railway station only 10mins walk (which takes you into Old Street & Moorgate in 20mins), and Arnos Grove (Piccadilly Line) a further 5mins walk, the property is ideally situated for working professionals. Nearby primary schools include Holly Park, Dwight School, St. Johns and secondary schools include Friern Barnet, Compton & Woodhouse College.
The house itself boasts ample living space with 2 double bedrooms and 1 single bedroom, 2 receptions plus a kitchen with breakfast area, family bathroom and large, ground floor guest WC (which could easily be converted into a shower room).
Externally the house provides a large, private rear garden with patio are and to the front there is a small pebble garden
Viewings highly recommended for this great family home
Lounge 11'9 x 15'4 ft (3.58m x 4.67m m)
This is a large, front facing reception room that benefits from a large, double glazed bay window that allows plenty of natural light. There's also high ceilings and a fireplace
Kitchen with breakfast area 15'9 x 8'5 ft (4.8m x 2.57m m)
The kitchen is a good size and provides plenty of storage with floor and wall mounted cupboards. There's also enough space to house a table. From here you can access the rear garden
Dining Room 10'8 x 12'1 ft (3.25m x 3.68m m)
Another good size room that leads directly onto the kitchen. High ceilings and rear facing double glazed window
Master Bedroom 11'9 x 10'2 ft (3.58m x 3.1m m)
The is a good size double bedroom with an abundance of storage with the built-in wardrobes. There's also a good size front facing, double glazed bay window and carpet
Bathroom 11'9 x 8'3 ft (3.58m x 2.51m m)
The bathroom is long in shape and consists of a WC, sink and bath with overhead shower attachment. Vinyl flooring and part-tiled wall plus a side facing, frosted double glazed window
Bedroom 2 10'8 x 12'3 ft (3.25m x 3.73m m)
Another double bedroom which is rear facing, providing views over the rear garden via the double glazed windows
Bedroom 3 10'8 x 6'2 ft (3.25m x 1.88m m)
This is a long, single bedroom that looks out over the rear garden via the double glazed windows
Guest WC 5'2 x 8'2 ft (1.57m x 2.49m m)
Located on the ground floor under the stairs, the guest WC is of very good size and provides ample space for storage or the opportunity to refurb into a shower room
Garden 40' x 20' ft (12.19m x 6.1m m)
The rear garden extends to approx. 40ft and is mainly laid to lawn and has a patio area accessed via the kitchen.
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 |