5 bedroom detached for sale

£800,000 Offers in excess of

5

Bedrooms

2

Bathrooms

Floorplan

Situated in the charming cul-de-sac of Ferrers Avenue, West Drayton, this delightful detached house presents an exceptional opportunity for families seeking a spacious and beautifully renovated home. Boasting five well-proportioned bedrooms, three inviting reception rooms and two bathrooms, this property offers ample space for both relaxation and privacy, making it ideal for family living.

Property - The generous accommodation stretches to over 1700 sq.ft and is spread across two floors. This consists of entrance porch, hallway, 14ft reception room with bay window and feature fireplace, 12ft dining room which opens onto the additional 15ft reception room with garden access and sky lighting. 22ft state of the art kitchen that has been delightfully renovated, benefitting from an island, built in Neff appliances and further dining space making an ideal breakfast room. To round off the stunning ground floor is the downstairs shower room and 11ft fifth bedroom with built in wardrobes. Upstairs are four well proportioned bedrooms, the master is an impressive 14ft with fitted wardrobes and lastly the sublime three piece family bathroom.

Outside - The property benefits from a driveway offering off-street parking for multiple vehicles, there is also on-street permit parking available if needed. The rear garden is an impressive 80ft as well as a real sun trap being South-East facing. The garden is mainly laid to lawn with shrub/tree borders optimal for privacy and enjoys a patio area closest to the home as well as to rear with a seating area. To the very rear of the garden are steps which lead to two storage sheds, these total 128 sq.ft in size and offer ample storage.

Location - Ferrers Avenue is a sought after residential cul-de-sac situated just off of Station Road, therefore providing great access to the variety of independent shops, restaurants and excellent transport links via bus and mainline station (Elizabeth Line) that West Drayton has to offer. Heathrow Airport and Stockley Business Park can also be found close by whilst for the motorist the M4 with its links into London & the home counties is just a short drive away.



Features
  • Freehold

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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

£ 662700

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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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
    £ 20000
  • 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

£ 62700
  • 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

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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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