Welcome to this delightful 3-bedroom family home located on the sought-after Gloucester Road in Upper Edmonton. This inviting residence is perfectly situated, offering easy access to the North Middlesex Hospital, Silver Street Station, and a host of local amenities, including restaurants, cafes, and supermarkets.
Spanning three floors, this well-appointed home features a spacious living room with large windows that flood the space with natural light, creating a warm and welcoming atmosphere perfect for family gatherings and entertaining guests. The modern kitchen, located on the lower ground floor, boasts sleek cabinetry, ample counter space, and seamlessly connects to a cozy dining area. Adjacent to the kitchen, you'll find a convenient utility room with a W/C, providing additional functionality for busy family life.
The property offers three well-proportioned bedrooms, each designed with comfort in mind. The master bedroom, located on the first floor, features ample wardrobe space and large windows, ensuring a bright and airy feel. The additional bedrooms are perfect for children, guests, or a home office. The stylish and modern family bathroom includes a three-piece bathroom suite, catering to all your family's needs.
Step outside to enjoy the low-maintenance, paved rear garden, which provides a private and secure space for outdoor relaxation and entertaining. The garden also features a convenient storage shed, perfect for keeping outdoor equipment organized.
This charming home on Gloucester Road is ideal for families looking for a comfortable and convenient living space in Edmonton, or may suit an investor seeking a high yield or potential HMO.
Other Information...
Tenure: Freehold
Parking Arrangements: Street parking (permit)
Vendors position: Chain Free
Council Tax Band: D (£2,065 p/yr)
Local Authority: London Borough of Enfield
Potential Rental Value: £2800 PCM
Utilities
Water: Mains water connected to the property.
Electricity: Property connected to mains electricity
Drainage: Mains & Surface water drainage connected to the property. Metered water supply
Heating: Mains gas central heating
Windows: Double glazing
Mobile coverage: 4G & 5G avaialble
Broadband (estimated download speeds): Standard 18 Mbps | Superfast 80 Mbps | Ultrafast 1000 Mbps
Tenure : Freehold
Council Tax Band : D
Tottenham Hale (tube)
1.74 km
Wood Green (tube)
2.00 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 |
