Gracechurch Property Services are delighted to market this THREE BEDROOM, Victorian Terraced Home, located on the ever-popular and residential Huxley Estate of Upper Edmonton N18.
Henley Road is only a short walk to Silver Street Railway Station, and provides excellent local bus links, along with the A10 and A406 North Circular.
Excellent Primary and Secondary schools are close by, including The Latymer Grammer School, along with the vibrant and friendly Millfield Theatre.
The beautiful Pymmes Park is just around the corner. Offering winding footpaths through wetlands and around the lake to walk your four-legged friend, there are children's playgrounds and sports facilities including football pitches, a bowls club and tennis and basketball courts.
Added benefits to Henley Road include a ground floor bathroom, first-floor w/c, double glazing, gas central heating and a sunny SOUTH FACING REAR GARDEN.
This property provides spacious living with an internal area of 911 Sq.Ft. and would make a wonderful first home or a great investment purchase.
Other Information...
Vendor's Position: Actively Looking
Parking Arrangements: Street Parking
Council Tax Band: D (£1,695 p/y)
Tenure: Freehold
EPC: Awaiting EPC
Location of Boiler: Between Kitchen & Bathroom
Windows: UPVC Double Glazed
Potential Rental Value: £1650 - £1700 PCM
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 |
