IN LIGHT OF THE RECENT GOVERNMENT ADVICE, WE ARE UNABLE TO CONDUCT VIEWINGS. HOWEVER, PLEASE CONTACT US TO REGISTER YOUR INTEREST IN THIS PROPERTY
A lovely 3 bedroom terraced house situated in a sought after location close to excellent shopping and transport facilities
The house has been well
looked after and benefits from an extension to the ground floor
The accommodation is arranged over two floors and comprises
of a hallway, a through lounge, bathroom/wc, kitchen and a morning room to the
ground floor. The first floor has a landing with a pull down folding ladder
giving access to a large boarded attic that has potential to convert.
There are 3 generous sized bedrooms.
The front garden is paved and there is a dropped kerb for
motorbike access and parking. The rear garden has been well maintained and is
mostly laid to lawn with borders and a patio/BBQ area to the rear as well as a
brick built summer house/office with potential access from the rear.
Viewing is highly recommended.
Tenure : Freehold
Bounds Green (tube)
0.93 km
Wood Green (tube)
1.17 km
Arnos Grove (tube)
1.17 km
Southgate (tube)
1.56 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 |
