Three bedroom, semi-detached

£500,000 Offers over

3

Bedrooms

1

Bathrooms

1

Reception

Floorplan

**CHAIN FREE**

A THREE bedroom, SEMI-DETACHED family home in the heart of Shenley village. Featuring separate lounge, large hallway, open-plan modern kitchen/diner & South-East facing garden. Driveway and parking. Level walk to Shenley Primary, local Post Office, White Horse Gastro Pub and village amenities. Accessible to M25, M1 & A1(M) motorway links.



Property additional info

Accommodation Comprises:

Entrance Hall :
Radiator. Fitted carpet.

Lounge: 13' 7" x 12' 4" (163" x 148" )
Double glazed window to rear aspect. Laminate flooring. Feature fireplace.

Kitchen/Diner : 19' 6" x 10' 1" (234" x 121" )
Double glazed window to front. Double glazed window to rear. Double glazed door to rear garden. Range of wall and base units. Butlers style sink unit. Washing machine. Integrated dishwasher. Oven with overhead extractor hood. Integrated fridge/freezer. Laminate flooring. Radiator.

Stairs to First Floor:
Fitted carpet.

Landing : 8' 6" x 5' 11" (102" x 71" )
Double glazed window to front. Access to loft. Storage cupboard. Fitted carpet.

Bedroom One : 11' 6" x 10' 2" (138" x 122" )
Double glazed window to rear aspect. Fitted cupboard. Radiator.

Bedroom Two : 11' 1" x 9' 8" (133" x 116" )
Double glazed window to rear aspect. Fitted carpet.

Bedroom Three: 9' 8" x 8' 2" (116" x 98" )
Double glazed window to front aspect. Fitted carpet. Radiator.

Bathroom : 7' 3" x 5' 6" (87" x 66" )
Double glazed frosted window. Double glazed window to front. Three piece suite comprising of low flush. Enclosed bath with shower attachment. Vanity sink unit. Extractor. Radiator.

Garden :
Patio area. Remainder laid to lawn. Outside tap. Brick-built shed with light and power connected. Covered storage area. Side access to front.

Driveway & Parking :
Driveway with parking.

Services:
It is not our company policy to test services and domestic appliances so we cannot verify that they are in working order. The buyer is advised to obtain verification from their solicitor or surveyor.

Nearest Stations:

1.83 miles
Radlett
2.51 miles
Elstree and Borehamwood
3.57 miles
How Wood (Hertfordshire)
3.57 miles
Potters Bar
3.74 miles
Brookman's Park

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 415200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 12500
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 40200
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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