
Make use of over 1270 square feet of living space for your ideal family home in a central location of Edmonton Green N9, or convert (subject to planning) to an investment as either a residential or commercial unit.
This larger than average THREE BEDROOM, Victorian Terraced Home located on Church Street is less than a two-minute walk to Edmonton Green Railway Station. The Overground Train will whisk you into London Liverpool Street in under 30 minutes. The heart of Edmonton Green is on your doorstep with the Shopping Centre which offers over 120 shops, cafes and a vibrant indoor market.
This home has the added benefit of three reception rooms, BASEMENT, ground floor w/c, first floor modern family bathroom and a terraced rear garden.
This property would make a wonderful and spacious family home, whilst offering the option to convert the entire or half of the dwelling to a business premises for offices for a solicitor, accountant, doctors or dentist practice, whilst also having the option of a residential rental investment.
Please also be advised, the neighbouring attached home is also for sale.
Other Information...
Vendor's Position: Has found ongoing purchase
Parking Arrangements: Street Parking
Council Tax Band: C (£1,637 p/yr)
Tenure: Freehold
Location of Boiler: Bedroom
Windows: UPVC Double Glazed Windows to rear
Tenure : Freehold
Council Tax Band : C
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 |