Offering high ceilings, the property consists of 2 very good size double bedrooms and a single bedroom, 1 part-tiled family bathroom plus a good size en-suite shower room (PLEASE NOTE: this has had 1st phase plumbing carried out and a shower tray & radiator installed). To the rear you are greeted by a stunning L-shaped living area that provides a designated lounge and dining area, which in-turn leads to the modern fitted kitchen.
There is a good size private garden that is accessed via bi-folding doors, whilst there is also side access
In terms of location, it is situated within close proximity of several sought after schools, including Moss Hall School, Wren Academy and The Compton. All the shops, restaurants and supermarkets (including Waitrose & Tesco) are nearby, as well as West Finchley tube station being only 0.4miles away
Viewings high recommended for this beautiful family home
Leasehold - Approx. 122yrs remaining
No Service charge & only peppercorn ground rent
Living Room - 29'5 x 10'8: This room boasts high ceilings, wood flooring and plenty of natural light via the rear facing bi-folding patio doors, as well as sky light. The room has been laid out to provide a natural living and dining area
Kitchen - 11'8 x 9'8: The open-plan kitchen boasts ample storage space as well as built-in fridge / freezer and oven with electric hobs. There's wood counter tops that wraps round to provide a breakfast bar, spot lights and tiled flooring.
Bedroom 1 - 15'7 x 15'7: The main bedroom is front facing and boasts plenty of natural light via the large bay, sash windows. Very high ceilings, built-in wardrobes and wood flooring make up this room
En-Suite - 7'2 x 5'9: The en-suite shower room is part finished. The 1st phase plumbing has been carried out, radiator installed and shower tray put in place. Tiles have been purchased. Remaining fit-out to be completed by new owner
Bedroom 2 - 14'4 x 11'2: This is another large bedroom which has wood flooring and a side facing double glazed window
Family Bathroom - 7'2 x 5'9: The main bathroom is part-tiled, boasts a high ceiling plus consists of a WC, bathtub with dual overtub shower heads. There's also a large floating sink with built-in storage plus mirrored medicine cabinet
Study / Bedroom 3 - 6'8 x 6'2: This room can be used as a 3rd bedroom and has a side facing single glazed window as well as wood flooring
Garden: The large garden can be accessed via the side gate or through the double glazed, bi-folding doors. It is mainly laid to lawn with a good size shed to the rear
Tenure : Leasehold
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 |