Welcome to this charming semi-detached family home located on Meadway in the desirable area of Enfield. This property offers a spacious and versatile layout, perfect for a growing family.
As you enter the home, from the hallway, you are greeted by a generous reception room that provides ample space for both living and dining areas. The room is bright and airy, benefiting from large windows that allow natural light to flood in.
The kitchen is well-appointed with plenty of storage and counter space, ideal for those who love to cook and entertain. French doors lead out to the rear garden, creating a seamless indoor-outdoor flow.
Upstairs, the property features three bedrooms. The master bedroom is a good size, offering plenty of room for a double bed and additional furniture. The second bedroom is also spacious, while the third bedroom is perfect for a child’s room or home office. The family bathroom is well-maintained and features a bathtub with a separate shower cubicle.
External:
The property boasts a large south facing rear garden, providing an excellent space for outdoor activities and gardening. At the side of the garden, you will find a detached garage/studio with an additional W/C, offering potential for a home office, studio or gym. The front of the property offers off-street parking for multiple cars.
Location:
Situated in Enfield, the property is conveniently located close to local amenities, schools, and transport links including Enfield Lock and Turkey Street Overground stations, with access into Tottenham Hale and London Liverpool Street. Meadway is a peaceful residential street, making it an ideal location for families.
Other Information...
Tenure: Freehold
Parking Arrangements: Off street parking
Vendors position: Actively Looking
Council Tax Band: E (£2,644 p/yr)
Local Authority: Enfield
Location of Boiler: Kitchen
Potential Rental Value: £2300 PCM
Utilities
Water: Mains water connected to the property.
Electricity: Property connected to mains electricity
Drainage: Mains & Surface water drainage connected to the property
Heating: Mains gas central heating
Windows: Double glazing
Mobile coverage: All networks avaialble at this address
Broadband: Up to 1000 Mbps
Tenure : Freehold
Council Tax Band : E
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 |
