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66 Central Road, Worcester Park, Surrey
£725,000 Offers in excess of
Bedrooms
Situated close to local schools, shops, restaurants and mainline station giving access to Waterloo in 30 minutes.
ENTRANCE HALLWAY
Understairs meter storage cupboard, wood laminate flooring, radiator with decorative.
LOUNGE/DINING ROOM 255 X 112
Into rounded bay double glazed window with shutters, wood laminate flooring, original fireplace with inset coal effect gas fire, double radiator, double glazed double opening doors onto rear garden.
FITTED KITCHEN/BREAKFAST ROOM 218 X 98
Fitted with a range of high and low level cupboards and drawers, roll worktop surfaces, built in electric double oven, built in four ring gas hood with extractor hood above, inset one and a half bowl stainless steel sink unit with mixer tap, double glazed window above, fitted fridge/freezer, part tiled walls, tiled flooring, double radiator, door to:-
UTILITY ROOM 72 X 69
Working top surface with washing machine and dishwasher below, cupboard housing gas central heating boiler, tiled flooring, double glazed door to rear garden, door to:-
DOWNSTAIRS CLOAKROOM
Downstairs cloakroom, low level w.c., wash hand basin.
Stairs to FIRST FLOOR LANDING
Access to loft space.
BEDROOM ONE 164 X 89
Range of fitted mirror fronted wardrobes, double radiator, double glazed window, door to:-
EN SUITE SHOWER ROOM
Comprising tiled enclosed shower cubicle, low level w.c., vanity wash hand basin, double glazed frosted window, part tiled walls, heated towel rail.
BEDROOM TWO 135 X 114
Into rounded bay double glazed window, radiator.
BEDROOM THREE 112 X 10
Double glazed window, double radiator, range of fitted wardrobes.
BEDROOM FOUR77 X 66
Double glazed window, radiator.
BATHROOM
White suite comprising panel enclosed bath with mixer tap, shower attachment and screen, vanity wash hand basin with mixer tap, concealed system w.c., double glazed frosted windows, part tiled walls, heated towel rail, fully tiled walls.
REAR GARDEN
Extending to 75 mainly laid to lawn, paved patio area, timber garden shed.
FRONT GARDEN
Being paved providing off street parking.
COUNCIL TAX
Band D
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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