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£1,125,000
Bedrooms
Bathrooms
Substantial detached five bedroom family house, with extensive 135 rear garden, located in this premier Worcester Park Avenue. No onward chain. Freehold.
Entrance hall, double aspect L shaped sitting room, dining room, kitchen/breakfast room, utility room, bedroom 1 with en-suite bath/shower room, two further bedrooms and two further bath/shower rooms to the ground floor. Two large double bedrooms and shower room to the first floor. To the rear is an extensive well maintained 135 garden with large patio area, selection of mature trees and borders. To the rear of the garden is a large garden/outbuilding providing currently used as a games room. The front driveway provides off street parking for several cars and side access to the rear garden. Subject to the usual consents the property offers further potential for extension. No onward chain. Viewing highly recommended. Exclusive to Andrews. E.P.C. Rating: D. Council Tax Band: F.
LOCATION
Set in one of the areas most sought after avenues, close to the open space of Nonsuch Park. Also ideally located for numerous local schools including Cheam Common Infants and Cheam Common Junior Academy. Worcester Park town centre is readily accessible with its mainline station (Waterloo) 0.58 miles away. Local bus services run nearby to Sutton, Morden, Kingston and include the Super Loop to Heathrow.
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.
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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