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£300,000 Guide Price
Bedrooms
Council tax band: TBC
NO SERVICE CHARGES / INVESTMENT OPPORTUNITY: Much larger than average 2 bedroom maisonette situated within walking distance of Harlington village centre with its shopping facilities, William Byrd school and bus routes. The Bath Road, London Heathrow Airport, the M4/M25 networks and Hayes mainline station to Paddington with crossrail links are also only a short drive away.
This first floor property features a spacious lounge with private balcony, fitted kitchen, good size double bedrooms and a three piece fitted bathroom with shower mixer taps.
Other benefits include a 121 year lease, no service charges, double glazed windows, gas central heating, residents permit parking and a garage in a block.
Entrance
Part double glazed front door. Carpeted stairs to first floor.
Landing
Fitted carpet, two built in cupboards, loft hatch and a radiator, glazed doors to
Lounge
16 4 x 12 1 (5m x 3.7m) Fitted carpet and two radiators. Double glazed window to front aspect and double glazed door to private balcony.
Kitchen
9 10 x 9 6 (3m x 2.9m) Vinyl flooring. Fitted wall and base units with worktops to include a single drainer sink unit, cooker point, extractor fan hood, space for fridge, plumbing for washing machine, concealed gas central heating boiler and part tiled walls and splashbacks. Double glazed window to rear aspect
Bathroom
9 10 x 5 2 (3m x 1.6m) Vinyl flooring and radiator. Three-piece bathroom suite to include a panel enclosed bath with shower mixer taps, pedestal hand basin, low level W.C. and fully tiled walls and splashbacks. Frosted double glazed window.
Bedroom 1
9 2 x 14 1 (2.8m x 4.3m) Fitted carpet and radiator. Double glazed window to front aspect.
Bedroom 2
13 8 x 8 10 (4.2m x 2.7m) Fitted carpet and radiator. Double glazed window to rear aspect.
Outside
Residents permit parking. Garage in block
Tenure
Leasehold: Residue of a 125 year lease (renewed 2017).
No Service Charge.
Ground Rent: Circa 300 per annum (to be confirmed by Vendors solicitor)
Council Tax
London Borough of Hillingdon Band c.
About Harlington
Harlington is a district of the London Borough of Hillingdon, on the northern perimeter of London Heathrow Airport. The district adjoins Hayes to the north and shares a railway station with the larger district, which is its post town, on the Great Western Main Line to Paddington. The Crossrail project linking the Hayes and Harlington station to Canary Wharf is due to complete in 2021. The journey time to Canary Wharf will be just 34 minutes. Other London stations will include Bond Street, Tottenham Court Road, Farringdon and Liverpool Street.
The village is surrounded by Green Belt land and open fields and also contains a parade of shops to include a Pharmacy, Co-operative Convenience store, Newsagents, a variety of restaurants and fast food outlets and a Post Office. There are also four public houses: The Great Western, The Pheasant, The Wheatsheaf, and The White Hart. The village also boasts two churches, a Baptist church and a Church of England church, St Peter & St Paul's and William Byrd School. The village High Street is also home to the Harlington Locomotive Society and West London Models.
The earliest surviving mention of Harlington appears to be in a 9th-century charter in which land at Botwell in Hayes was said to be bounded on the west by "Hygeredington" and "Lullinges" tree. The first of these must be Harlington; the second has not been identified. The boundary between Hayes and Harlington, which may have been defined by the date of this charter, was later marked by North Hyde Road and Dawley Road.
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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