For sale, an immaculate one-bedroom Apartment, furnished to an impeccable standard, located in the highly sought after area of North Finchley. The location is second to none, situated on the High Street with Woodside Park Station being close by (0.5 miles) or direct access to a bus station located opposite the building with an array of shops, amenities, and green spaces at your doorstep. The property also benefits from being within close proximity to good local schools.
This property boasts a variety of high-quality fixtures, including Bosch appliances, and is decorated with a keen eye for detail. The property offers a comfortable reception room, a single bedroom, and a well-maintained bathroom.
One of the unique features of this property is the attractive, panoramic views of the London skyline from a wrap-around terrace. This open-plan flat offers engineered oak wood floors with underfloor heating and air conditioning units for both hot and cold temperature regulation, ensuring your comfort throughout the year.
The flat boasts built-in wardrobes and plenty of storage throughout, making it an ideal choice for couples or sharers. The property also benefits from on-street parking available with a residential permit and visitor permits.
Additional features include lift access to all floors and bike storage on the ground floor. With 120 years left on the leasehold, this property also presents a great rental potential. The property comes highly recommended for viewing to appreciate its unique features and prime location.
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 |