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£575,000 Offers in excess of
Bedrooms
Bathrooms
This three bedroom1930s built terraced house, which requires some updating, is situated in a tree lined residential road close, 0.5 miles from Eden Park BR Station, local shops, bus route and within a mile of Langley Park Schools.
Enclosed Entrance - Double glazed door and double glazed windows to front.
Part glazed door with window to side leading into:
Hallway - Understairs storage cupboard housing meters, radiator, fitted carpet.
Reception Room - 4.75m x 3.81m (157 x 126) - Double glazed half bay window to front, radiator, fitted carpet.
Open Plan Kitchen Dining Room -
Kitchen/Diner - 5.82m x 3.96m (191 x 130) - Glazed window looking into lobby, range of wall and base units with worksurfaces over, stainless steel single bowl sink and drainer with taps, freestanding Hotpoint gas cooker, space for dishwasher, space for fridge freezer, radiator, vinyl flooring.
Breakfast Room - 3.30m x 2.21m (1010 x 73) - Double glazed door leading out to utility area, glazed window to rear looking out to rear garden, radiator, laminate wood flooring.
Lobby - Space for washing machine, door to WC, double glazed door leading out to rear garden.
Cloakroom Wc - Opaque double glazed window to rear, low level WC, wall hung wash hand basin, radiator, fully tiled walls, vinyl flooring.
Stairs To First Floor - Fitted carpet
Landing - Access to loft, fitted carpet.
Bedroom One - 4.67m x 3.63m (154 x 1111) - Double glazed bay window to front, radiator, fitted carpet.
Bedroom Two - 3.96m x 3.18m (130 x 105) - Double glazed window to rear, built-in wardrobe housing Worcester boiler (not tested by Charles Eden), radiator, fitted carpet.
Bedroom Three - 2.59m x 2.11m (86 x 611) - Double glazed window to front, radiator, fitted carpet.
Bathroom / Wc - Opaque double glazed window to rear, comprising: paneled bath with flexi hose mixer tap, shower panel, wash hand basin inset in vanity unit, low level WC, radiator, fully tiled walls, vinyl flooring.
Outside -
Rear Garden - 12.19m approximately exc garage (40 approximately - Mainly laid to lawn with shrubs and trees, pathway leading to:
Double Garage - Located via rear access road.
Up and over door, power and light, windows to rear, pedestrian side access.
Frontage/Off Street Parking - Block paved with shrubs.
Epc Rating D -
Council Tax E -
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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