Gracechurch Property Services are delighted to offer this THREE BEDROOM 1930's PETER DEAN FAMILY HOME situated on a residential turning of Upper Edmonton N18, on the borders of Palmers Green N13. This property has been well maintained and reconfigured to provide an open plan living/dining area with a further reception room. On the first floor, there are two double bedrooms, one large single bedroom and a family bathroom.
Outside is a private two-tiered rear garden with a paved patio entertaining area and remainder laid to lawn. To the front there is a private driveway.
The property is on a popular road with families, being close to outstanding schools, bus routes and train stations under a mile away.
Other Information...
Parking Arrangements: Off Street Parking for 2 Cars
Vendors position: Actively Looking
Council Tax Band: E
Tenure: Freehold
Potential Rental Value: £1,700
Windows Installed: UPVC Double Glazed
Location of Boiler: Kitchen
Garden Direction: South Facing
Tenure : Freehold
White Hart Lane (overground)
0.92 km
Silver Street (overground)
1.07 km
Wood Green (tube)
1.18 km
Bounds Green (tube)
1.44 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 |
