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£950,000
Bedrooms
Bathrooms
Offered for sale with the added advantage of no onward chain, situated within the picturesque Gidea Park Exhibition Estate, just one mile from Gidea Park Elizabeth Line Station, is this substantial four bedroom detached house.
Upon entering the home, you are greeted with a welcoming L-shaped hallway with stairs rising to the first floor.
Positioned at the front of the home, measuring 148 x 133, is the spacious dining room. At the rear of the home, overlooking the impressive garden via the French patio doors, is the spacious reception room (21 x 116). Both rooms are well presented and enjoy stunning exposed brick fireplaces and dual aspect windows which flood the rooms with natural light.
The spacious kitchen comprises a beautiful bay window overlooking the rear, numerous wall and base units, ample worktop space, and room for essential appliances. Accessed off such is the lean-to which provides external access to the front and rear.
Rounding off the internal layout is the ground floor shower room which is positioned off the kitchen.
Heading upstairs, there are three double bedrooms and a further single. All four bedrooms are well presented and enjoy fitted wardrobes.
Completing the internal layout is the family bathroom.
Externally, to the front there is ample off street parking via the brick paved driveway which is neatly framed with a well-manicured hedging. A shared driveway to the right of the home provides access to the garage and side access.
The beautifully landscaped rear garden measures 131 and commences with a raised patio area with steps leading down to the remainder which is predominantly laid to lawn, framed with various planting and shrubbery.
Viewing is highly recommended to fully appreciate all this wonderful home has to offer.
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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