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£550,000 Offers in excess of
Bedrooms
Bathrooms
Presenting a mid-terraced house boasting three bedrooms, located in a sought-after area near Rayners Lane Station. This beautifully presented property offers a perfect blend of comfort and convenience. The main floor features a spacious reception area with abundant natural light, ideal for relaxation and entertainment. The fitted kitchen is well-appointed, providing a functional space for culinary endeavours.
The property further benefits from a downstairs W/C, perfect for guests. The three bedrooms offer comfortable accommodation, while the rear garden provides a tranquil outdoor space for leisure and recreation. With a great lighting scheme enhancing the living spaces, the property exudes a warm and inviting ambience throughout.
Conveniently situated near the vibrant high street, this residence offers easy access to a range of amenities, making every-day living effortless. Boasting a chain-free status, this property presents an excellent opportunity for families or investors seeking a comfortable home in a prime location. Experience a harmonious blend of urban convenience and contemporary living at this mid-terraced house.
Contact ElliotLee today to arrange a viewing.
(Details provided are for guidance and do not form part of any contract.)
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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