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£700,000

Snowberry Close

  • 3 beds
Detached house

£700,000

  • 3 beds
Detached house
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Estimate monthly mortgage payment:

£3,196 per month

Minimum deposit amount:

£35,000
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HOUSE DESCRIPTION

  • This is a 1206 sqft / 112sqm, 3 double bedroom, 3 bathroom townhouse.
  • It is in very good condition and a highly sought-after location.
  • It is in a gated development of 25 houses with good community, close to shops (i.e. well-known retail outlets), cafes, pubs, restaurants, schools, college and transport links. It is 8 8-minute walk from High Barnet Underground station and 20 minutes into central London.
  • The property is a 15-minute walk to the local park, local tennis courts and local museum.
  • Energy-Efficient Home: The property has inbuilt energy-saving facilities with Solar and Gas Central heating and an electric water heater.

INVESTMENT INFORMATION

  • Asking price: £700,000.00
  • Tenanted: Current tenant paying £2,500.00pcm (£30,000.00 per annum)
  • Possible rental income: £3,000.00pcm (£36,000.00 per annum)
  • Current yield: 4.3%
  • Potential yield: 5.14%

LAYOUT OF PROPERTY

On the ground floor:

  • Entrance hall.
  • Integral garage, with parking space for up to 3 cars.
  • Fully fitted kitchen /diner with French glass doors leading to patio and garden. Space to extend into a conservatory. S
  • Small storage room.
  • Guest bathroom 1 with shower and WC.

On the first floor

  • Double bedroom.
  • Lounge with French windows.

On the Second floor

  • Double bedroom 2 with En-suite shower room and fitted wardrobes.
  • Double bedroom 3 with fitted wardrobes.
  • Bathroom with WC and bathtub, including handheld shower.

Other features

  • Year Build completed:2012.
  • Garage and parking for up to 2 additional cars.
  • Driveway.
  • Tenure: Freehold.
  • No chain.
  • Council Tax Band: F.
  • There is also the potential to add value with a conservatory/extension to the rear to follow suit with the neighbouring properties.

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£3,196 per month
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Stamp Duty tax
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£22,500
Mortgage and legal costs:
£999
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