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7/8 The Arcade, Maxwell Road, Beaconsfield
£465,000 Guide Price
Bedrooms
Bathrooms
2 The Heights, originally built in the early 1930s and converted into apartments in the 1980s, offers spacious accommodation over two levels. While the property would benefit from refurbishment, it offers great potential.
The sitting room is a standout feature, leading into the kitchen with the possibility of creating an open-plan layout. It also offers beautiful, far-reaching views over West Marlow. The property includes two bedrooms: the main bedroom on the lower ground floor, complete with an en suite featuring dual sinks and a shower bath, along with direct access to the garden. The first-floor bedroom is served by a family bathroom with a shower.
With some vision and investment, this property has the potential to become a lovely home.
Gardens and Grounds
Outside, the property enjoys 1 allocated parking space, ample parking for visitors and there is a single garage.
The lower ground floor has direct access to the private garden and communal gardens whichhave impressive south-facing views and is mainly laid to lawn.
This property includes a 1/6th share of the freehold for over 1 acre of grounds.
Location
The property is situated approximately 1 mile from the town centre (20 minute walk) yet it is surrounded by open countryside and there are far-reaching views.
Marlow has an excellent range of shops, bars and restaurants catering for all tastes, including the popular Hand and Flowers Pub, in addition to riverside or country walks in the town and nearby Chilterns.
There are excellent local schools including Holy Trinity and also Sir William Borlases Grammar School. The Marlow bypass (A404) connects to the M40 in the north and M4 to the south giving ease of access to Heathrow airport and the City. Marlows railway station links to the Elizabeth line at Maidenhead or High Wycombe for Marylebone.
ADDITIONAL INFORMATION
Council Tax Band: F
Local Authority: Buckinghamshire Council
EPC Rating: E
Service Charge: 170 Per Month
Ground Rent: 0
Lease Length: 125 years from 1988
Share of freehold 1/6th of grounds
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.
7/8 The Arcade, Maxwell Road, Beaconsfield
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