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£790,000 Guide Price
Bedrooms
Bathrooms
A substantial period home located in a tranquil waterfront setting offering the charm of key period features whilst also presenting a modern lifestyle throughout. Tucked away in a small private gated development, this beautiful home offers mesmerizing views, a real sense of privacy and heaps of character. This is a fantastic opportunity in a most sought after location.
Location - Old Mill Close is a secluded gated, riverside development that is set upon over three acres of picturesque grounds. The property is located just over a mile from West Drayton station which benefits the Elizabeth line. Uxbridge Town Centre is just under a mile and a half away with its array of facilities including Intu and The Pavillions shopping centres, a number of popular restaurants and bars, Odeon cinema complex, Uxbridge station, plus a selection of fitness and leisure centres. The M40/M4/M25 motorway are all within easy access providing links to London and The Home Counties.
Property - This charming character home consists of four double bedrooms, three bathrooms, a modern open plan kitchen, elegant dining room and a living room leading you to the balcony enjoying pleasant views over the private grounds. The property is laid out over two floors, the first floor enjoys an open plan layout with vaulted ceilings, wooden beams, sky light windows, wooden flooring and modern features throughout. The kitchen has base level units, granite work tops, integrated electric hob, grill and over, sink with mixer taps, integrated fridge/freezer, breakfast bar. The ground floor is where you find the four double bedrooms and three contemporary bathroom suites. There is a large hallway with wooden flooring throughout leading to all ground floor rooms, spacious storage cupboards and a door leading outside to the rear. This home offers its own kind of uniqueness being a real hidden gem backing on to the peaceful waterside whilst also being close by to excellent transport links and amenities.
Outside - To the rear of the property is a patio area with direct access onto the well maintained communal grounds with views onto Frays river. Ample parking is available for multiple cars to the front, all being set behind an iron gates ensuring privacy and peace of mind.
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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