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1 Tavistock Road, West Drayton, Middlesex
£740,000 Guide Price
Bedrooms
Bathrooms
Nestled on the esteemed Colne Avenue in West Drayton, this charming detached bungalow presents a rare opportunity for discerning buyers. Set on a large plot, the property boasts ample outdoor space, perfect for those who appreciate gardening or wish to create a tranquil retreat. The location is particularly desirable, as homes on this rarely available road come to the market. This adds an element of exclusivity to the property, making it an attractive option for families or individuals seeking a peaceful neighbourhood. Moreover, the bungalow offers significant potential for extension, allowing you to tailor the space to your specific needs and preferences. Whether you envision expanding the living area, adding extra bedrooms, or creating a stunning outdoor entertaining space, the possibilities are limited only by your imagination.
Property - Upon entry to the bungalow you will find your master bedroom located at the front of the property. Directly opposite you will find the WC and family bathroom conveniently located. Heading down the hallway you will find the other double bedroom and another bedroom which is currently being used as an office. To the rear you will find the separate kitchen and reception with a conservatory attached at the back of the property.
Outside - At the front of the property there is a garden as well as a driveway for 4 cars, as well as a side gate that leads to the back of the property. The large rear garden contains two storage sheds as well as a greenhouse. There is a patio located closest to the property, ideal for a seating area and the rest of the garden is mostly laid to lawn with shrub and tree borders.
Location - Colne Avenue is located on one of the most sought after developments in West Drayton, Garden City with its leafy and quiet residential roads gives a refreshing essence of calm whilst still being located in the heart of West Drayton just minutes from the station. The main High Street is only a short stroll which offers a number of shops, eateries and restaurants. There is a number of schools nearby, making this location ideal for travelling into the capital as well as being perfect for the modern family. The M4, Stockley Park business complex and Heathrow airport are all a short drive away.
Map location is not available for this property.
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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