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£240,000 Guide Price
Bedrooms
Bathrooms
Situated in the heart of Iver High Street, this well presented second floor apartment offers a perfect blend of comfort and convenience. Located within a secure gated residential development, the apartment benefits from an allocated parking space for added convenience. Just a short distance from Ivers Elizabeth Line train station, the property enjoys excellent transport links, making it ideal for commuters. Perfectly positioned close to local amenities, this apartment is a fantastic opportunity for first-time buyers, downsizers, or investors.
Property - The property boasts an open plan kitchen with integrated appliances that effortlessly flows into a generously sized living area, perfect for modern living. The spacious double bedroom offers a comfortable retreat, while the stylish contemporary bathroom completes this well designed home.
Outside - The exterior of the property at Universal House in Iver is modern and well-maintained, set within a secure gated development. Residents benefit from an allocated parking space, providing both convenience and peace of mind. The gated setting ensures privacy and adds an extra layer of security to this desirable residential community.
Location - Iver High Street offers a variety of local amenities, including shops, pubs, supermarkets, and restaurants. For more extensive leisure, shopping, and transport options, Uxbridge, Slough, and Gerrards Cross are just a short drive away. The area is well-served by highly regarded schools and surrounded by beautiful countryside, with Black Park and Langley Park nearby, perfect for outdoor activities and relaxation.
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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