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2 bed flat for sale Great North Way, London

Asking price
£340,000
Aldermartin Baines & Cuthbert (ABC Estates) logo

Added two days ago

Type
Flat
Bedrooms
2
Bathrooms
2
Tenure
Leasehold
Council tax Band C

Key features

  • First Floor One Bedroom Maisonette
  • Self Contained Studio Annexe
  • Excellent Investment
  • Potential Income of £60,000 Per Year
  • EPC Rating D : Council Tax Band C
  • Triple Glazing
  • Loft Access
  • Off Street Parking
  • Rear Garden

About this property

ABC Estates are delighted to present this excellent and spacious first-floor one-bedroom maisonette, complemented by a comfortable and well-appointed studio annexe. Early viewing is highly recommended to avoid missing this opportunity.

The maisonette comprises a bright and stylish reception room, a modern kitchen, and a well-finished bathroom. This property offers an attractive opportunity for astute investors, with the potential to generate two separate income streams, which combined could achieve up to £60,000 per annum.

Floorplan

Council tax

Band C

Price guide

100 comparables · within 1.2 miles

Cheaper than 91% of the 2-bed flats for sale nearby right now.

This home, £340,000 Median £425,000 · £350,000 – £569,600

Compared with 100 2-bed flats for sale within 1.2 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

Great North Way, London

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Mortgage and stamp duty

Property price £340,000
£170k £510k
Deposit10% £34,000
£0 £340k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £306,000 mortgage. Most lenders would want a household income of about £68,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Area insights

The neighbourhood around this property.

Marketed by
Aldermartin Baines & Cuthbert (ABC Estates), Edgware
179 Station Road, Edgware, Middlesex
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