3 bedroom semi-detached for sale

£500,000

3

Bedrooms

1

Bathrooms

Floorplan

Council tax band: D

EXCELLENT POTENTIAL / SOUGHT AFTER LOCATION: Charrison Davis are pleased to bring to the market this 3 bedroom semi-detached house in one of Hayes' most sought after locations. Situated within easy reach of the Uxbridge road, local amenities, local schools and green areas.

The property has excellent potential STPP for extensions, conversions and out buildings as well as off street parking. Currently comprising of a living room, dining room and kitchen to the ground floor. To the first floor there is two double bedrooms, one single room and a bathroom/wet room.

Viewing highly recommended.

Living Room

12 4 x 12 1 (3.76m x 3.7m) Carpeted, radiator and front aspect double glazed window.

Dining Room

18 3 x 9 11 (5.57m x 3.03m) Carpeted, feature fireplace, side aspect double glazing and UPVc sliding door leading to rear garden.

Kitchen

Fitted wall and base units with worktops to include a single drainer sink unit, gas oven, space for fridge/freezer, plumbing for washing machine, part tiled walls. Rear aspect double glazed window.

Bedroom 1

11 11 x 11 9 (3.64m x 3.6m) Carpeted, radiator and front aspect double glazed window.

Bedroom 2

10 9 x 9 10 (3.28m x 3m) Rear aspect double glazed window.

Bedroom 3

8 6 x 5 6 (2.6m x 1.7m) Carpeted and front aspect double glazed window.

Bathroom/Wet Room

Non slip vinyl flooring. Walk in shower area, hand basin, low level w.c and double glazed frosted window.

Front Garden

Paving with mature hedgerow. Potential for off street parking STPP.

Rear Garden

Mainly laid to lawn with concrete paved area.

Tenure

Freehold

Council Tax

London Borough of Hillingdon Band D

About Hayes

Hayes is a town in west London. Historically in Middlesex, Hayes became part of the London Borough of Hillingdon in 1965. Hayes has an abundance of retail parks, shopping centres and a modern leisure centre with swimming pool completed in 2010. Stockley Business Park and Championship Golf course, set in 240 acres of rolling countryside, border Hayes to the west.

Mortgage Calculator

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 )

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

£ 415200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 12500
  • 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

£ 40200
  • Mortgage Interest
    £

    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)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

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

£
  • Final Equity Profit
    £

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

  • Cumulative Rental Profit
    £

    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

£

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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