Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£640,000 Guide Price
Bedrooms
Bathrooms
This charming three-bedroom semi-detached home on Melthorne Drive offers a welcoming and spacious layout, making it ideal for families or first-time buyers. With a total floor area of approximately 903 sq. ft. (83.9 sq. m.), the property is thoughtfully designed to provide both comfort and functionality.
Description - On the ground floor, the entrance hall leads into a bright and spacious living room. This room provides the perfect space for relaxing and entertaining. Adjacent to the living room is a well-proportioned dining room, ideal for family meals or gatherings. The ground floor is completed by a modern kitchen, which offers ample storage and counter space for daily cooking needs. The first floor features three well-sized bedrooms. The largest serves as a peaceful retreat with plenty of space for furnishings. The second bedroom is another great sized double with the third bedroom being perfect as a childs bedroom or a study. A family bathroom, fitted with a bathtub and WC, is conveniently located off the central landing. This home benefits from a practical layout with plenty of natural light throughout, creating a warm and inviting atmosphere.
Outside - The front of the property has a paved driveway for off street parking as well as access to the rear garden via the shared drive. The rear garden is south facing and offers a patio area towards the home with a large lawn in the centre. Towards the end of the garden is a large storage shed.
Situation - Melthorne Drive is a tranquil tree lined residential road enjoying its setting close to parks and amenities in South Ruislip, Ruislip Manor and Eastcote. Local transport links are available from nearby Eastcote or Ruislip Manor stations for the Metropolitan/Piccadilly line providing reliable links into the City and West End. South Ruislip station is serviced by both the Central Line and train lines into Marylebone Station in just 25 minutes, with regular trains every 15 minutes. For the motorist the A40/M25 is a short drive away providing access to Central London and the Home Counties. Field End Road and Victoria Road provides a bus route. For families, there are a number of highly regarded schools that cater for children of all ages within close proximity including St Swithun Wells, Ruislip High, Newnham Infant & Junior School and Queensmead Secondary School.
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
