7 bedroom semi-detached and 1 bedroom adjoined flat for sale

£895,000 Offers over

8

Bedrooms

3

Bathrooms

3

Reception

Floorplan

A unique opportunity to purchase a double fronted semi-detached house along with a separate but adjoined ground floor house situated in a popular residential location close to local shops, restaurants, schools and a 9 minute walk to Wembley Central Station for the Bakerloo and Over ground Line and 13 minute walk to Alperton Stations Piccadilly Line!

Semi-Detached house

Boasting off street parking for up to 3 cars, 3 receptions, 2 bathrooms and 7 bedrooms! The accommodation is accessed via a porchway through the front door into the hallway. It may be best to have a look at the floorplan on this approximately 1500 sqft home. On the ground floor you will find two receptions, a kitchen with a dining room, 2 spacious double bedrooms, 2 single bedrooms and a bathroom.

To the first floor you have 2 good sized bedrooms along with 2 single room along with a family bathroom. It is a perfect property for a family or has potential to convert into HMO provided the necessary steps are taken.

This special property has amazing potential and benefits with having a modern boiler system, rear shed, double glazed windows and finally off street parking for up to three cars!

The front of the property has been paved with bricks and is easy to maintain. The rear garden is mainly laid to lawn with a concrete patio area making it ideal for children and family gatherings.

The property does require some cosmetic attention, however, has huge potential waiting to be transformed in to your dream family home - Act fast!

1 Bedroom Ground Floor House

This unique property has an adjoining 1-bedroom house. It is a fantastic investment opportunity for any buyers to purchase the additional accommodation with potential rental income of up to 1250 inclusive of bills. It consists of a large bedroom, reception, kitchen, a family bathroom, and rear extension. It also has a parking space for 1 car and a small rear garden.


Book in a viewing today to avoid missing out!

Nearest Stations:

0.36 miles
Wembley Central
0.55 miles
Alperton
0.55 miles
Wembley Stadium
0.76 miles
Stonebridge Park
1.06 miles
Sudbury Town

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

£ 741075

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
    £ 22375
  • 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

£ 69825
  • 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

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  %
  %
£
  %

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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