
Holland Properties are proud to present this amazing 4-bedroom detached family home located in a highly sought-after residential neighbourhood, along Hale Lane, Barnet NW7.
COMPOSITION: This modern family home is presented in a clean and decent condition. Split over two floors, the property comprises of a grand entrance hall with access to a cosy TV room a separate drawing room located on either sides of the entrance hall, A large modern fitted kitchen dinner at the end of the hall with ample storage spaces and access to a separate dining room with large French doors with access to the back garden at the rear, the ground floor also comprise of a WC, Utility room, Garage/Storage room and a sizeable office space complete with a separate WC on the ground floor.
The first floor consists of a bright and spacious first floor landing complete with glass banisters, airing cupboard, large En-suite master bedroom with built-in wardrobe two bright and airy En-suite double bedrooms plus an additional visitor¿s room also fitted with a private shower room. The property has a large rear garden with a wooden deck area, BBQ stand, a large grass area and a concrete patio to the end of the garden as seen on pictures.
LOCAL AMENITIES: The immediate area benefits from several local amenities, such as convenient stores including Tesco, M&S, Sainsburys etc. Chemist and local medical centers, local community centers, convenient stores and several bars, restaurants, and several recreational facilities all within one mile of the property.
LOCAL TRANSPORT: This residential property is located within 0.5 Miles from Mill Hill Broadway Rail Station for commute to and from the area including direct trains to the city of London. Also a few local bus networks operating within the area.
OTHER BENEFITS: The property offers ample storage spaces, 4 en-suite bedrooms a large driveway with separate entrance and exit way with enough space of up to 5 cars on the front yard, a separate garage, large backs garden with wooden deck area for outdoor cooking and dining, double glazed windows, separate TV room, and Drawing room, integrated modern kitchen appliances and much more.
PRECONDITION: Interested buyers are required to show proof of funds, such as deposit, certificates or mortgage approval in principle. Viewing is highly recommended and are on a first come first serve basis.
CONTACT: Should you require further information or would like to arrange viewings, please do not hesitate to contact us.
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 |