West Drayton Park Avenue, West Drayton

1 /11
Available / For Sale

4 bedroom detached for sale

£775,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

A spectacular new build, four bedroom, detached residence situated on one of West Draytons most sought after and rarely available cul-de-sacs, making this opportunity to purchase truly remarkable.

Property - Setting the benchmark for modern living, the 1390 sq.ft living accommodation in this stunning home is arranged over three floors and consists of entrance hallway, 14ft double bedroom with bay window, tiled shower room, 22ft x 15ft contemporary open plan kitchen/dining/living room with bi-fold doors overlooking the impressive rear garden. The ground floor boasts tiled flooring throughout with the fantastic benefit of underfloor heating. To the first floor are three further spacious bedrooms and the outstanding family bathroom. Whilst on the top are two loft rooms, both measuring 9ft with the enjoyment of ample windows.

Outside - To the front of this striking home is a paved driveway providing adequate off street parking for multiple cars. The South-East facing rear garden measures 63ft offering plenty of space whilst maintaining a peaceful setting, there is a large patio area closest to the home with the remainder being laid to lawn.

Location - Arguably one of the most sought after roads in West Drayton, West Drayton Park Avenue is a tree lined cul-de-sac located within walking distance to The Closes Park and just moments from The Green. West Drayton High Street with its variety of shops, doctors surgery, local schools and train station with the fantastic benefit of the Elizabeth Line are moments away. Heathrow Airport, Stockley Park and the M4 with its links to London and The Home Counties are all a short drive away.



Features
  • Freehold

Map location is not available for this property.

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

£ 642075

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 19375
  • 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

£ 60825
  • 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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