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£1,550,000
Bedrooms
Bathrooms
A rare opportunity to purchase this four/five bedroom detached family house (2114sq.ft/195.9 sq.m) in need of modernisation, set on a large plot in this much sought after turning in the heart of Pinner Village, which is ideally located within walking distance of Pinner Village Centre with its array of boutique shops, restaurants, coffee houses, supermarkets and the Metropolitan Line Tube Station. The accommodation comprises of own front door leading to an entrance hall, guest WC, triple aspect 206ft reception room, 1311ft second reception room, kitchen/breakfast room and 148ft conservatory. On the first floor there are four bedrooms, family bathroom/WC, and a separate shower room. On the second floor there is a 149ft bedroom five with an opening to a shower and dressing area. Outside there is a gravelled carriage driveway leading to a detached 20ft garage and 100ft rear garden mainly laid to lawn, shrub and flower borders and tree screen to rear. The property gives any purchaser the opportunity to extend substantially to the side and rear (subject to planning permissions), making it future proof for any growing family.
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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