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1100 UXBRIDGE ROAD, HAYES, MIDDLESEX, UB4 8QH
£1,200,000 Guide Price
Bathrooms
**Please provide your contact details with all enquiries**
Description
Galaxy Hayes Real Estate presents you with the opportunity to acquire 11 Ford Street, now available for freehold purchase.
This freehold site consists of two conjoining structures and additional yard space with the total land measuring to approximately 0.16 acres, perfect for industrial investment and / or development opportunities. Available in vacant possession. Conveniently located for access to London and the national motorway network.
Accommodation
11 Ford street consists of a retail unit, warehouse and 2 yards with secure gates and onsite parking.
The retail unit is measured out to approximately 1,125 sqft on the ground floor and 1,125 sqft on the first floor which can be utilised as office space. It also has the potential to be split into two separate retail units to allow further and better rental income. These units are located road facing in a heavily residential area along with several commercial businesses in the close vicinity thus making is easily accessible and suitable for various clientele.
The unit is connected to the warehouse which measures out to approximately 1,300 sqft on the ground floor and 1,300 sqft on the first floor.
Yard 1 is measured to approximately 2,060 sqft.
Yard 2 is measured to approximately 1,900 sqft.
Location
The freehold site has an ideal location, giving it an easy access to A40/M40/M25 and Heathrow Airport. The Unit has good access to Central London and the national motorway network via the M40 and M25.
Terms
Tenure: Freehold
Guide Price: 1.2 million
**Please provide your contact details with all enquiries**
For further information and viewings, please contact Mr Kam Chopra at Galaxy Hayes Real Estate.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
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.
1100 UXBRIDGE ROAD, HAYES, MIDDLESEX, UB4 8QH
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