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£825,000
Bedrooms
Bathrooms
Exceptional Three-Bedroom Detached Home offering huge potential and scope with Panoramic Views Over Harrow School Playing Fields and Harrow on the Hill.
Positioned in one of Harrows most desirable locations, this unique three bedroom detached residence offers a rare opportunity to acquire a home of genuine character with spectacular, uninterrupted views across and towards the historic Harrow School cricket fields and church. While the property will benefit from investment in modernisation and refurbishment, it presents an exceptional opportunity for a discerning buyer wishing to create a truly bespoke family home in an outstanding setting and prospectively to create significantly increased value.
Upstairs, there are three well-proportioned bedrooms, each enjoying beautiful open vistas that capture the charm and tranquillity of the surrounding area. Situated on Merton Road, the home benefits from excellent transport links, with West Harrow, South Harrow, and Harrow-on-the-Hill stations all within easy reach as well as nearby bus stops. Highly regarded schools including Whitmore High School, The John Lyon School, and Roxeth Primary School are close by, as well as a range of local amenities and green spaces.
This is a rare opportunity to purchase a property in such a prestigious position and transform it into a stunning home tailored to your exact taste and requirements. Viewings are highly recommended to fully appreciate the potential and setting on offer.
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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