
A two-bedroom Edwardian first-floor conversion, with a private garden and loft space, located on a quiet and highly desirable tree-lined residential street in the heart of Palmers Green.
This characterful home effortlessly blends period charm with contemporary style and occupies the entire first floor of an attractive Edwardian property. The flat boasts generous proportions, high ceilings, and wonderful natural light.
The spacious reception room has an elegant feature fireplace, a generous dining space, and is flooded with natural light from the bay window. The separate kitchen is well-designed with stylish cabinetry and a large sash window. There are two bright and well-proportioned double bedrooms, and a modern three-piece bathroom suite finished in a crisp white palette with contrasting tiling.
A standout feature of this home is the sole use of a beautifully secluded west-facing rear garden, ideal for alfresco dining, entertaining or simply unwinding in the sunshine. The property also includes exclusive use of the loft space, perfect for additional storage or offering potential to extend (subject to planning permission and the necessary consents).
Perfectly located just a short stroll from the popular Palmers Green Triangle with its independent cafes, restaurants, and boutiques, the flat also benefits from excellent transport links. Palmers Green Station offers direct routes to Moorgate, while a variety of bus routes provide swift access across North London.
Other Information...
Tenure: Share of Freehold (136 years)
Parking Arrangements: On-street parking (no permit)
Vendors position: Chain Free
Council Tax Band: C (£1,923 p/yr)
Local Authority: Enfield
Service Charge: £0 (Any maintenance cost shared with the ground floor flat)
Ground Rent: £0
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: 4G & 5G available
Broadband (estimated download speeds): Standard 17 Mbps | Superfast 66 Mbps | Ultrafast 1800 Mbps
Tenure : Share of 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 |