2 bedroom apartment for sale

£335,000

2

Bedrooms

1

Bathrooms

1

Reception

Floorplan

Are you looking for a spacious two bedroom home for sale in Pinner that combines comfort, convenience and great local amenities? This well presented flat on Milman Close, HA5 3LF is an excellent opportunity for both first time buyers and investors. Currently tenanted and offered with no forward chain, it provides a straightforward route to ownership.

Inside, the property offers well proportioned rooms with a practical layout. The generous living room is filled with natural light and provides plenty of space for both relaxation and entertaining. The kitchen is fitted with ample work surfaces and storage, making it ideal for day to day cooking and dining. Two double bedrooms offer comfortable accommodation, while the modern bathroom is finished in a clean, neutral style. The flat extends to around 650 square feet, giving a strong sense of space throughout.

The location is a real highlight. Pinner town centre is close by and offers a wide selection of shops, cafs, restaurants and supermarkets, including Sainsbury€™s and Lidl. Families are well catered for with excellent schooling nearby. Cannon Lane Primary School, rated Good by Ofsted, is within easy reach, as is Pinner High School which boasts an Outstanding Ofsted rating.

Green open spaces are just moments away, with Pinner Memorial Park providing beautiful gardens, a duck pond and recreational facilities that are perfect for a weekend stroll or family day out. For commuters, Pinner station is the nearest Underground stop, offering Metropolitan Line services into Central London with speed and ease.

This property on Milman Close is a rare chance to purchase in a sought after location with everything Pinner has to offer right on your doorstep. With no forward chain, it is ready for its next owner to move in or continue as a rental investment. Contact us today to arrange your viewing and see for yourself what makes this home such an appealing choice.
New Home: Non New Home

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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

£ 279075

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
    £ 8375
  • 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

£ 27825
  • 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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