3 bedroom terraced for sale

£500,000

3

Bedrooms

2

Bathrooms

'' NO UPPER CHAIN - MODERN THREE BEDROOM TERRACED HOME - TWO SEPARATE RECEPTION ROOMS - CLOAKROOM - MASTER WITH EN-SUITE SHOWER - TWO FURTHER BEDROOMS - FAMILY BATHROOM - GARDENS - COUNCIL TAX BAND E - CUL-DE-SAC LOCATION - GARAGE '' We are delighted to be favoured with sole agency instructions to offer for sale this modern double-fronted three bedroom family home, close to excellent transport links, highly-rated schools and local amenities, including the Leisure Centre and several local parks. This family home includes a living room running from front to back, a kitchen/diner and a ground floor w.c. off of the entrance hall. To the first floor is the master bedroom with built in wardrobes and an en-suite shower room, two further bedrooms and the family bathroom. Benefits include gas central heating, double-glazing, gardens to the front and rear and a garage with parking to the front of this. To avoid disappointment please contact us without delay to arrange an early appointment to view. Please note that the photographs show the property prior to the current tenants moving in to the property.

Directions:

Albanwood is just of Newhouse Crescent.

Parking For Viewing:

Parking is available on the road

Please note that the photographs show the property prior to the current tenants moving in to the property.

Harry Charles Estate Agents
196 St Albans Road, Watford, Herts, WD24 4AS

Regulated for Your Peace of Mind:
Members of PropertyMark Client Money Protection (CMP), our CMP Certificate and CMP Rules can be found on our website or available upon request.
Registered with The Property Ombudsman for independent redress
While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.
1.These particulars do not constitute part or all of an offer or contract.
2.Measurements: When provided they are approximate room sizes intended as general guidance.
3.Potential buyers are advised to recheck the measurements before committing to any expense.
4.Harry Charles Ltd has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
5.Harry Charles Ltd has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
6.MONEY LAUNDERING REGULATIONS Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 415200

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 12500
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 40200
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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