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£225,000
Bedrooms
Bathrooms
Council tax band: C
1 BEDROOM GROUND FLOOR FLAT / A cosy 1 bedroom flat in popular sought after road in the centre of Harlington Village near shops and with bus routes to Heathrow Airport and the Bath Road. The M4/M25 motorway networks, Hayes and Harlington and West Drayton train stations.
This well laid out ground floor flat features a double bedroom, spacious lounge, fitted kitchen with built in oven, electric hob, a fitted shower room, private garden and off street parking.
Other features include double glazed windows and gas central heating.
Entrance
Part glazed front door.
Bedroom
Wood laminate flooring, radiator, Double glazed window to rear aspect.
Shower Room
Ceramic tiled flooring and an extractor fan. Three piece shower-room suite to include a pedestal hand basin, low level W.C.
Open plan Lounge/ Kitchen
Wood laminate flooring and radiator. Fitted wall and base units with worktops to include a single drainer sink unit,electric hob, electric oven, and part tiled walls and splashbacks. Double glazed windows and double glazed doors to garden.
Front Garden
Block paved off street parking
Rear Garden
Private garden.
Tenure
Leasehold: 125 years new lease on completion
No Service Charge
No Ground Rent (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 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.
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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