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£380,000
Bedrooms
Bathrooms
Perivale Grange is a Purpose Built development that over looks open playing fields and is positioned just off Perivale Lane which is a quiet no through road set in the middle of Ealing and Perivale.
This spacious one bedroom apartment offers buyers circa 620 SQFT of internal living space and boasts its own private South facing balcony that looks onto the incredibly well maintained communal gardens. This impressive property is very bright for a ground floor flat and boasts a dual aspect full length reception room, fitted wardrobes, double glazing throughout, gas central heating, modern fitted kitchen, stylish bathroom and a garage.
For those requiring access in and out of London the property is conveniently located for Perivale Station ( Central Line ), South Greenford Station ( GWR ), local bus routes and the A40. Ealing Broadway Station ( Elizabeth, District & Central Lines ) is also easily accessed from here via the E10, E9, E2 & 297 bus services that are on the doorstep.
The property is currently tenanted so would make an ideal ready made investment for buy to let purchasers - please speak to the office for further details related to this.
It is offered to the market chain free and with a Share of Freehold.
Viewings are recommended to fully appreciate what this property has to offer.
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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