A charming three-bedroom Victorian terraced home with basement, ideally located on the ever-popular Newlyn Road, Tottenham N17.
Offering over 1,180 sq. ft of living space, this spacious property benefits from two generous reception rooms, a large kitchen/diner, and a basement for storage. The first floor comprises three well-proportioned bedrooms and a family bathroom. Externally, the property boasts a private rear garden, perfect for entertaining and family use.
The home retains its original Victorian character whilst offering fantastic potential for modernisation and further value-add improvements such as conversion or extensions (STPP), making it an ideal purchase for both families and investors alike.
Location:
Newlyn Road is perfectly positioned within a short walk of Bruce Grove Overground Station and White Hart Lane Station, providing direct access to London Liverpool Street and convenient connections to the Victoria Line at Seven Sisters. Tottenham High Road is moments away with its excellent selection of shops, restaurants, and cafés, while Bruce Castle Park is just a short stroll, offering beautiful green spaces steeped in history.
The area is also well-served by local schools, including Lancasterian Primary, and benefits from numerous bus routes and easy access to Tottenham Hale and Turnpike Lane stations, making travel across London quick and efficient. Residents also enjoy the vibrant local community with regular events such as the Tottenham Green Market.
Other Information...
Tenure: Freehold
Parking Arrangements: Street parking (permit)
Vendors position: Has found
Council Tax Band: D (£2,313.78 p/yr)
Local Authority: Haringey
Location of Boiler: Kitchen
Utilities
Water: Mains water connected to the property.
Electricity: Property connected to mains electricity
Drainage: Mains & Surface water drainage connected to the property
Heating: Mains gas central heating
Windows: Double glazing
Mobile coverage: All networks avaialble at this address
Broadband: Up to 1800 Mbps
Tenure : Freehold
Council Tax Band : D
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 |
