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383 Northolt Road,, Middlesex,, HA2 8JD
£750,000
Bedrooms
Bathrooms
Reception
Britbricks is delighted to present this attractive freehold investment property situated in the sought-after area of Harrow Wealdstone.
Comprising two self-contained flats a spacious two-bedroom ground floor flat and a four-bedroom duplex apartment arranged over the first and second floors this property represents an excellent opportunity for investors or owner-occupiers seeking versatile accommodation with strong rental potential.
This well-proportioned ground floor flat benefits from its own private entrance and direct access to the rear garden.
Accommodation comprises:
Entrance hallway
Bright and spacious reception room
Large double bedroom and a generously sized single bedroom
Substantial fitted kitchen
Shower room with WC and wash basin
To the rear, there is a private garden featuring an outbuilding, ideally suited for use as a home office, gym, or studio.
Additional benefits include gas central heating and double-glazed windows throughout.
Accessed via its own private entrance, this larger-than-average duplex flat offers comfortable and flexible living accommodation arranged over two floors.
First Floor:
Spacious landing area
Bright reception room with open-plan fitted kitchen
Large double bedroom
Modern family bathroom
Second Floor:
Further large double bedroom
Additional single bedroom
Separate WC
This flat also benefits from gas central heating and double glazing throughout.
Summary
This property offers exceptional flexibility, making it ideal for investors seeking a high-yield rental opportunity or extended families wishing to occupy both flats. Its desirable location and well-maintained condition further enhance its appeal as a long-term asset.
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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