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£775,000
Bedrooms
Bathrooms
Packed with potential this period home is positioned in this prime South Ealing location
Description - Set in a sought after location merely moments to shops schools and transport, this three bedroom property offers a superb opportunity to create a fantastic family home.
Accommodation - Providing accommodation that briefly comprises, entrance hall, two inter connecting reception rooms, fitted kitchen with a door to the side and dining room that overlooks and opens onto the rear garden.
To the first floor there are three well proportioned bedrooms and bathroom with separate WC.
Outside - There is and enclosed garden to the rear of the property that is mainly paved with a variety of shrubs and trees.
To the front of the property there is a small paved garden.
Situation - The property is positioned just moments from South Ealing tube station and within close proximity of well regarded schools, there are numerous parks nearby and the many independent shops, restaurants and coffee shops of South Ealing Road and Northfields Avenue are a short stroll away.
Terms And Notification Of Sale - Tenure: Freehold
Local Authority: London Borough of Ealing
Council Tax Band: E
EPC Rating: D
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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