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388 Neasden Lane North, London, NW10 0BT
£2,230,000
Bedrooms
Bathrooms
Reception
This impressive eight-bedroom house benefits from generous proportions and an extensive plot, located in Wembley moments from shops and amenities. The property comprises two generous reception rooms, a third L-shaped reception room with patio doors to the garden, modern kitchen with a semi-open-plan dining room, a utility room, a master bedroom with dressing room, en-suite bathroom, a sun-room and roof terrace, a further seven well-proportioned bedrooms, two with en-suite shower rooms, bathroom, guest cloakroom, extensive 160' garden with beautiful water features and outdoor bar, over 40' square pool house with 29' swimming pool, ladies and gents toilets, shower room and kitchen and plentiful gated off-street parking. The property is located on Harrowdene Road moments from a superb range of shops, restaurants, and bars in Wembley, while the open spaces of Facilities of Vale Farm Sports Ground are also close by. Local transport links from North Wembley Station (National Rail and Bakerloo Line) are available nearby.
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.
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