Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£1,450,000
Bedrooms
Bathrooms
Situated in the conservation area of the Canons Park Estate this five bedroom family house offers 2548 ft2 of living space. The house is situated on a corner plot and along with five bedrooms offers three bathrooms (two en-suite), four reception rooms/areas, guest WC as well as a modern kitchen and loft space that is easily used as a home office.
Externally, there is off street parking and a good sized south facing rear garden, and the house is offered with no onward chain.
The Canons Park Estate (or Canons Drive Estate as it is more familiarly known) was created during the late 1920s and early 30s on land purchased from the sale of the Canons Estate. It comprised of around 340 houses and 66 flats. The majority of the houses were built in typical Black & White style but there are also Arts & Crafts, Art Deco, however there are more modern styles of architecture to be found.
Two of the most beautiful areas of the Estate are the Basin Lake, and the Seven Acre Lake - a private lake that is only accessible to CPEL members.
For some years now, the Estate has been listed as one of Harrow Councils conservation areas, which means that the appearance and maintenance of the houses and streets is strictly controlled, as are the trees and grass verges. Surplus Land (Canons) Ltd owns the Gate Piers at the entrance to Canons Drive, the house-side grass verges along Canons Drive, the magnificent redwood trees that line Canons Drive, the Basin Lake and the Seven Acre Lake.
These features were given to the residents, to be managed by the Canons Park Estate Association (CPEA), now the CPEL (Canons Park Estate Limited) and are also listed by English Heritage.
Membership of the CPEL is by voluntary subscription and is open to all householders on the Estate
(taken from
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
