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£1,400,000
Bedrooms
Bathrooms
A lovely three storey Victorian semi detached house situated in the ever popular Fauconberg Village area of Grove Park and being only a short distance from Chiswick House and Grounds and the river Thames. This comfortable family home retains many original features and offers versatile and well proportioned accommodation, side access and a south facing garden.
Wide hallway, large cellar, utility room, sitting room, kitchen/dining room leading into the conservatory overlooking the garden, which is wider than average for the road and has a wisteria-shaded deck. On the first floor are three double bedrooms and a shower room and large shelved airing cupboard, whilst on the second floor are two further double bedrooms and family bathroom.
There is covered side access with storage shelving leading to the 27 rear garden which enjoys a south westerly aspect. Freehold
The property is within the Grove Park Primary school catchment area (Ofsted outstanding) and nearby are a number of other state and private schools. The parade of shops opposite is a real benefit to the local community and includes the popular Nukis Thai restaurant, Budgens general store and the Copper Cow. Both Chiswick Mainline station (Waterloo) and Gunnersbury tube (District Line and Overground) are only a short distance. There is easy access to the A4/M4 with Heathrow International Airport being only a 15 minute drive.
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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