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£220,000
Bedrooms
Council tax band: C
WELL PRESENTED 1 BEDROOM APARTMENT: Well presented 1 bed ground floor apartment in sought after development near to Heathrow Airport and the Bath Road and with easy access to the M4/M25 motorway networks. Hayes and Harlington train station and Hatton Cross tube station (Piccadilly Line) are also only a short drive away.
This well laid out apartment is set in well kept communal grounds and features a communal hallway, fitted kitchen, electric oven and extractor fan, spacious lounge and a well fitted shower-room.
Other benefits include gas central heating and residents permit parking.
Entrance
Communal entrance with entryphone system.
Hall
Fitted carpet, built in cloak cupboard, built in airing cupboard with gas central heating boiler, wall mounted entryphone handset and a radiator.
Kitchen
10 2 x 6 10 (3.1m x 2.1m) Vinyl flooring and radiator. Fitted wall and base units with worktops to include a single drainer sink unit, gas hob, extractor fan, electric oven, fridge, washing machine and part tiled walls and splashbacks. Window to front aspect
Bathroom
6 6 x 5 10 (2m x 1.8m) Vinyl flooring and radiator. Three-piece bathroom suite to include a panel enclosed bath with shower mixer tap and glass shower screen, pedestal hand basin, low level W.C. and part tiled walls and splashbacks.
Bedroom
11 5 x 10 9 (3.5m x 3.3m) Wood laminate flooring and window to rear aspect.
Lounge
15 4 x 10 9 (4.7m x 3.3m) Wood laminate flooring and a radiator.
Outside
Block paved residents and permit parking. Well kept communal grounds.
Tenure
Leasehold - 125 years from 1 April 1988
Service Charge - Approximately 60 per calendar month (to be confirmed by Vendors solicitor)
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 Crossrail project linking the Hayes and Harlington station to Canary Wharf. The journey time to Canary Wharf will be just 34 minutes. Other London stations include Bond Street, Tottenham Court Road, Farringdon and Liverpool Street.
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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