4 bedroom semi-detached for sale

£750,000 Guide Price

4

Bedrooms

2

Bathrooms

1

Reception

Floorplan

A well-presented four-bedroom semi-detached house measuring 1517 sq ft located on Francklyn Gardens, Edgware, HA8 8RZ. This chain-free property offers a spacious open-plan living area, including a large reception room, dining room, and modern kitchen. The house features a downstairs bedroom, utility room, shower room, and a fully tiled family bathroom upstairs. The master bedroom includes fitted wardrobes. Additional amenities include a private garden with a raised decked area, off-street parking, and proximity to local schools and transport links. Council Tax Band E. Freehold.

Internally - This is a well presented four bedroom semi detached house. The front door leads into hallway with stairs to the first floor landing. Doors off the hallway lead into a downstairs bedroom and the spacious open plan lounge both with front aspect windows. To the rear of the lounge is the open plan dining room/kitchen. This area is flooded with natural light due to the large window over looking the garden, two velux windows and french doors providing access to the garden. The part tiled kitchen compromises of matching wall and base units, ample work top space, gas hob with extractor fan over, built under oven. There is also a door providing access to the utility room which then leads through to the shower room also access via the bedroom.

Stairs to the first floor landing with doors leading off into three double bedrooms. The master bedrooms benefits from fitted wardrobes, the second bedroom from a storage cupboard the the third bedroom with front and rear aspect windows. The fully tiled family bathroom comprises of tiled enclosed bath tub, hand basin and WC.

Externally - Off street parking.
Rear garden with raised decked area and laid to lawn area.

Location - Situated in a prime location, this semi detached house offers easy access to transport links with Edgware Underground Station being 0.9 miles away. Local schools include Holland House School 0.3 miles away, Rosh Pinah Primary School and Broadfields Primary School both 0.5 miles away, Beit Shvidler Primary School 0.6 miles away and London Academy 0.9 miles away. Tesco is 0.5 miles way and Edgwarebury Lane with a number of local shops and amenities is 0.7 miles away.

Additional Information - Council Tax Band E - 2,375.07


New Home: Non New Home
Maximum Area (in sq ft) 1517 sq ft

Nearest Stations:

0.73 miles
Edgware
1.2 miles
Stanmore
1.41 miles
Canons Park
1.41 miles
Mill Hill Broadway
1.62 miles
Burnt Oak

Map location is not available for this property.

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 621450

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 18750
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 58950
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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