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£550,000 Guide Price
Bedrooms
Bathrooms
Alex Crown is delighted to present this spacious four-bedroom mid-terrace family home with a large private garden and excellent potential to extend at the rear (subject to planning permission), ideally positioned on Westmoor Road in the sought-after EN3 area.
Arranged over three floors, the property offers generous and well-planned living accommodation. The ground floor comprises a bright reception room to the front, a separate dining room, a large fully fitted kitchen with direct access to the rear garden, a full bathroom with WC, and a single bedroom which can also be used as a study, guest room, or playroom.
The first floor features three well-proportioned double bedrooms alongside a second family bathroom, while the top floor provides additional loft space, offering potential for conversion subject to the necessary consents.
Externally, the property benefits from a substantial private garden extending over 100ft, providing ample space for outdoor dining, entertaining, and family use, as well as excellent scope for further development. The paved frontage offers valuable off-street parking.
Located just moments from Hertford Road, the home is ideally situated close to a variety of shops, cafes, and local amenities. Excellent transport links are nearby, including Brimsdown Station and numerous bus routes, providing swift and convenient access to Central London and surrounding areas.
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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