2 bedroom flat for sale

£400,000 Offers in excess of

2

Bedrooms

1

Bathrooms

SUMMARY Hamilton Estates are favoured to market this spacious 2 Double bedroom Apartment located in the sought after Marsh Hall of Talisman Way in Wembley HA9. The apartment offers a generous reception / lounge room with a bright and airy feel and a balcony that has unobstructed views over the landscaped communal gardens. A fully fitted kitchen, a family bathroom, ample storage, private garage & the flat has first come basis off road parking. The property is double glazed and has gas central heating.
Property comes with SHARE OF FREEHOLD

ENTRANCE HALL 13 6' x 3 7' (4.11m x 1.09m) Entryphone system, double glazed windows to side, radiator, wood floor, power point,

RECEPTION ROOM 21 0' x 13 6' (6.4m x 4.11m) Double glazed windows to rear with blinds, Double glazed windows and double glazed patio door to balcony over looking the communal gardens, parquet wood floor, radiators, power points, BT point, TV aerial, dining area, wall mounted lamps,

BALCONY

KITCHEN 13 1' x 8 5' (3.99m x 2.57m) Double glazed window to front with custom blinds, matching wall and base units with air vents below and counter work top surface, glazed units on top, matt black colour 1.5 sink and drainer with mixer taps, inset gas hob with black tiled splash back, built in electric oven and grill, extractor fan hood, plumbed for washing machine and dish washer,ceiling spot lights, power points, gas boiler, interconnecting hatch to reception room, storage cupboard,

KITCHEN

HALLWAY 9 3' x 4 1' (2.82m x 1.24m) Storage cupboard,

BEDROOM ONE 13 8' x 11 5' (4.17m x 3.48m) Double glazed windows to rear with custom blinds, radiator, built in floor to ceiling cupboards with mirror, matching dressing table / desk with draws, power points,

BEDROOM TWO 10 9' x 10 1' (3.28m x 3.07m) Large Double glazed windows to front with custom blinds, radiator, built in fitted floor to ceiling wardrobes, matching wall mounted shelves and desk with draws and cabinets, power points,

BATHROOM Pan bath with hand grips, mixer taps and hand shower, vanity wash basin with units below, mixer taps, corner glazed shower cubicle with shower tray, wall mounted electric hand shower, ceiling spot lights, tiled walls, mirror medicine cabinet, air vent

SEPARATE WC Low level wc, pedestal hand wash basin with mixer taps, extractor fan, storage cupboard above wc, ceiling spot lights,

COMMUNAL GARDEN Landscaped garden, paved pathway, trees, access to garage

GARAGE Private garage number 9, up and over door, Brick built with concrete floor

PARKING First come basis parking. Usually enough parking spaces for the residents. Off road parking outside the entrance of the building.

Features
  • Freehold

Map location is not available for this property.

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

£ 332700

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 10000
  • 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

£ 32700
  • 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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