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742 High Road, London
£1,500,000 Guide Price
Bedrooms
Bathrooms
Presenting a unique development opportunity, this property boasts a substantial 3.5 acres of land, making it an exceptional chance for those looking to create a bespoke living space. Situated in a prime location, this chain-free farm offers a wealth of potential for those with a vision to transform it into a stunning residential or commercial space.
The expansive grounds provide a blank canvas for creative minds, offering the space to design and construct a truly remarkable property. Boasting 3.5 acres of land, the possibilities are endless.
With no chain, the farm is ready and waiting for its next owner to take the reins and bring their dream project to fruition. Whether youre an investor seeking a lucrative development opportunity or a homeowner looking to build your ideal property from the ground up, this chain-free offering provides the perfect blank canvas for your aspirations.
Located in a sought-after area, this property offers the rare combination of ample space and a prime location, ensuring that whatever vision you have for the land, it will be in an enviable position. Surrounded by natural beauty and with easy access to amenities and transport links, this property presents an opportunity not to be missed for those looking to create something truly special.
Map location is not available for this property.
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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