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£695,000 Fixed Price
Bedrooms
Bathrooms
The property comprises of a spacious entrance hallway with a w/c and a reception room which can be used as an extra bedroom or office! Further along the hallway, you are presented with an modern high specification kitchen that has been extended, with the added benefit of skylights lighting up the dining area and bi-folding doors to the garden, perfect for entertaining family and friends. There is also a separate 196 lounge, with a fireplace and double doors to the kitchen.
On the first floor, there are 3 DOUBLE bedrooms, one of which has a dressing area and en-suite; along with a family bathroom. The loft has been converted to allow for 2 further DOUBLE bedrooms and a w/c.
Externally, the property hosts many benefits, theres a garage with access through to the rear garden, parking next to and in front of the property and finally uninterrupted direct views of the countryside, literally on the doorstep!
This property is in a prime location, Brandon Groves is loved by many of its residents, some of the reasons being that there is a lot of green space, theres Brandon Groves community club, the station is just 0.9 miles away (approx) and there is access to the A13 and M25, whats not to love!
Call the sales team on today to avoid disappointment...
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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