4 bedroom semi-detached for sale

£685,000

4

Bedrooms

1

Bathrooms

Floorplan

SUMMARY Hamilton Estates favoured once again to market this extended 4 bed semi detached house with a garage and a shared drive way to the side, house on Carlton Avenue East HA9 Wembley. The property offers a through lounge, a downstairs office / study room with a WC, extended kitchen, family shower room, principle bedroom in the loft, large rear garden & off street parking for one car. The property has further potential to extend to the rear STPP.

ENCLOSED PORCH 8 7' x 2 4' (2.62m x 0.71m) Double glazed door and windows to the side and front, tiled floor

ENTRNACE HALL 15 4' x 5 9' (4.67m x 1.75m) Wood floor, radiator, power points, BT point, under stairs cupboard housing gas and electric meters with light.

THROUGH LOUNGE 29 9' x 13 3' (9.07m x 4.04m) Double glazed windows to front, radiator, wood floor, power points, BT point, TV aerial, double glazed French doors to kitchen, dining space

RECEPTION ROOM

DINING ROOM

OFFICE / STUDY ROOM 11 0' x 8 0' (3.35m x 2.44m) Double glazed windows to side, wood floor, radiator, power points, access to wc via door, wall mounted shelves

DOWNSTAIRS WC Soft closing seat, low level WC, light, part tiled walls, tiled floor

KITCHEN 17 8' x 11 7' (5.38m x 3.53m) Double glazed windows to rear, radiator, tiled floor, part tiled walls,double glazed patio door to rear garden, matching wall and base units with work top surface, single bowl stainless steel sink with mixer taps and drainer, plumbed for washing machine, inset gas hob with built in electric fan assisted oven and grill, extractor fan hood, gas combi boiler, power points, dining area

LANDING 11 4' x 8 3' (3.45m x 2.51m) Wood floor, power points Double glazed window to side, radiator, access to loft via stairs

BEDROOM ONE 12 2' x 9 1' (3.71m x 2.77m) Double glazed windows to rear, radiator, built in fitted wardrobes with mirror and sliding doors, power points, ceiling spot lights, wood floor, wood panel ceiling,

BEDROOM TWO 15 2' x 11 7' (4.62m x 3.53m) Double glazed windows to front, radiator, power points, wood floor, ceiling spot lights, built in floor to ceiling fitted wardrobes with mirrors and sliding doors,

BEDROOM THREE 10 9' x 7 4' (3.28m x 2.24m) Double glazed windows to front, radiator, power points, wood floor,

SHOWER ROOM Double glazed windows to rear, walk in corner shower with glazed shower screen, shower tray, rain head shower, wall mounted Fawcetts, tiled wall and tiled floor, extractor fan, vanity hand wash basin with mixer taps and units below, wall mounted mirror with light, ceiling spot lights, heated towel radiator,

WC Double glazed window to rear, low level wc with soft closing seat, part tiled wall and tiled floor

LOFT ROOM 13 9' x 12 7' (4.19m x 3.84m) Double glazed windows to rear garden, wood floor, wood panel ceiling and walls, radiator, built in fitted cupboards, power points, eves storage.

REAR GARDEN Laid to lawn, patio area entertaining space, fruit trees, flower borders, exterior water tap, separate shared side entrance, security light, garage attached to a shed

GARAGE + SHED Double glazed windows to side, up and over door, electricity, brick built, access via shared driveway. The garage is connected to a shed which has access via its own door. Currently utilised as storage space. Potential to extend garage STPP

FRONT GARDEN Off street parking for one car, brick wall to front and partially to side. Paved drive way, access to shared side driveway also

SHARED DRIVEWAY Access to garage via shared driveway, brick block paving, access to rear garden also

Features
  • Freehold

Mortgage Calculator

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

Monthly Payment: £2,962.40

Total Interest: £381,463.29

Overall Total: £1,066,463.29

Amortization For Monthly Payment: £2,962.40 over 30 years ( Based on 3.20% Interest )

YearInterest Principal Balance 
2025£21,718.32 £13,830.45 £671,169.55 
2026£21,269.20 £14,279.58 £656,889.97 
2027£20,805.49 £14,743.28 £642,146.69 
2028£20,326.73 £15,222.05 £626,924.64 
2029£19,832.41 £15,716.36 £611,208.27 
2030£19,322.05 £16,226.73 £594,981.54 
2031£18,795.11 £16,753.67 £578,227.87 
2032£18,251.06 £17,297.72 £560,930.15 
2033£17,689.34 £17,859.44 £543,070.71 
2034£17,109.38 £18,439.40 £524,631.31 
2035£16,510.59 £19,038.19 £505,593.12 
2036£15,892.35 £19,656.43 £485,936.70 
2037£15,254.04 £20,294.74 £465,641.96 
2038£14,594.99 £20,953.78 £444,688.17 
2039£13,914.55 £21,634.23 £423,053.95 
2040£13,212.01 £22,336.77 £400,717.18 
2041£12,486.66 £23,062.12 £377,655.06 
2042£11,737.75 £23,811.03 £353,844.04 
2043£10,964.52 £24,584.26 £329,259.78 
2044£10,166.18 £25,382.59 £303,877.19 
2045£9,341.92 £26,206.86 £277,670.33 
2046£8,490.89 £27,057.88 £250,612.45 
2047£7,612.23 £27,936.55 £222,675.90 
2048£6,705.03 £28,843.75 £193,832.15 
2049£5,768.37 £29,780.41 £164,051.74 
2050£4,801.29 £30,747.48 £133,304.26 
2051£3,802.82 £31,745.96 £101,558.30 
2052£2,771.91 £32,776.86 £68,781.43 
2053£1,707.53 £33,841.24 £34,940.19 
2054£608.59 £34,940.19 £0.00 

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

£ 555,325

Mortgage Loan to Value

81%

Gross Yield

12%

Annual ROI

35%

Annual Rental Profit

£ 37,400

Cumulative Rental Profit

£ 374,000

Cost of Purchase

£ 41,575
  • Stamp Duty
    £ 21,750

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

  • Refurbishment Budget
    £ 17,125
  • 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

£ 44,800
  • Mortgage Interest
    £ 24,990

    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)
    £ 10,850
  • Letting Fee
    £ 240
  • Maintenance
    £ 8,220
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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

£ 763,218
  • Final Equity Profit
    £ 389,218

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

  • Cumulative Rental Profit
    £ 374,000

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£ 1,115,793

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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