4 bedroom semi-detached for sale

£785,000

4

Bedrooms

1

Bathrooms

Floorplan

Spacious and well presented four bedroom semi-detached family home, with a delightful South facing rear garden, set in this quiet cul-de-sac. Freehold.

Entrance hall, spacious front sitting room, dining room, kitchen and conservatory to the ground floor. Four bedrooms and family bathroom to the first floor. Delightful mainly laid to lawn South facing rear garden with patio area, side access, large summer house and additional decked seating area. Single garage. Front garden. Front and side drive, providing further off street parking. Viewing highly recommended. Exclusive to Andrews. E.P.C. Rating: E. Council Tax Band: F.

LOCATION

The property is set in this residential cul de sac. Local schools include, Malden Parochial C of E Primary School, Malden Manor Primary and Nursery School, Green Lane Primary and Nursery School and Linden Bridge School. Kingston and Sutton are the nearest grammar schools. Worcester Park town centre and Malden Manor with their mainline stations (Waterloo) are 0.4 miles and 0.35 miles respectively. Nearby Malden Road, providing direct access to the A3.

DISCLAIMER

Andrews Estate Agents are unable to confirm whether statutory consents have been obtained for any extension(s)/conversion/alterations. It is the responsibility of all prospective purchasers to ensure that they and their legal representatives make all necessary enquiries with regard to these alterations as part of any conveyancing.

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £3,394.86

Total Interest: £437,151.36

Overall Total: £1,222,151.36

Amortization For Monthly Payment: £3,394.86 over 30 years ( Based on 3.20% Interest )

YearInterest Principal Balance 
2025£24,888.88 £15,849.50 £769,150.50 
2026£24,374.19 £16,364.19 £752,786.32 
2027£23,842.79 £16,895.59 £735,890.73 
2028£23,294.13 £17,444.25 £718,446.48 
2029£22,727.65 £18,010.72 £700,435.76 
2030£22,142.78 £18,595.60 £681,840.16 
2031£21,538.92 £19,199.46 £662,640.70 
2032£20,915.44 £19,822.94 £642,817.76 
2033£20,271.72 £20,466.66 £622,351.11 
2034£19,607.10 £21,131.28 £601,219.83 
2035£18,920.89 £21,817.49 £579,402.34 
2036£18,212.40 £22,525.98 £556,876.36 
2037£17,480.90 £23,257.48 £533,618.88 
2038£16,725.65 £24,012.73 £509,606.16 
2039£15,945.87 £24,792.51 £484,813.65 
2040£15,140.77 £25,597.61 £459,216.04 
2041£14,309.53 £26,428.85 £432,787.19 
2042£13,451.29 £27,287.09 £405,500.10 
2043£12,565.18 £28,173.20 £377,326.90 
2044£11,650.30 £29,088.08 £348,238.82 
2045£10,705.70 £30,032.67 £318,206.15 
2046£9,730.44 £31,007.94 £287,198.20 
2047£8,723.50 £32,014.88 £255,183.33 
2048£7,683.86 £33,054.51 £222,128.81 
2049£6,610.47 £34,127.91 £188,000.90 
2050£5,502.21 £35,236.17 £152,764.74 
2051£4,357.97 £36,380.41 £116,384.33 
2052£3,176.57 £37,561.81 £78,822.52 
2053£1,956.81 £38,781.57 £40,040.95 
2054£697.43 £40,040.95 £0.00 

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

£ 637,825

Mortgage Loan to Value

81%

Gross Yield

12%

Annual ROI

35%

Annual Rental Profit

£ 42,903

Cumulative Rental Profit

£ 429,035

Cost of Purchase

£ 49,075
  • Stamp Duty
    £ 26,750

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 19,625
  • 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

£ 51,297
  • Mortgage Interest
    £ 28,702

    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)
    £ 12,434
  • Letting Fee
    £ 240
  • Maintenance
    £ 9,420
  • 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

£ 873,642
  • Final Equity Profit
    £ 444,607

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £ 429,035

    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

£ 1,278,682

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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