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£650,000
Bedrooms
Bathrooms
This substantial semi-detached family home offers versatile accommodation over two floors. The ground floor accommodation consists of a bright and airy lounge, spacious kitchen with a range of eye and base units and some integral appliances, the additional benefit of separate utility room, an inviting entrance hall, a further reception room and completed by one of the propertys four bedrooms with an ensuite shower room. Upstairs is home to three bedrooms with the master also boasting an ensuite followed by a further bathroom and a shower room. Outside is a covered patio terrace and lawned garden and to the rear there is an impressive outbuilding which includes a bar/tv room and its own shower room and independent electrics. The front of the property provides off-street parking for several vehicles.
Conveniently situated in a quiet residential neighbourhood, close to Old Woking and the village of Westfield offering a variety of local amenities but also within easy reach of Woking town centre itself which boasts an array of retail, leisure and hospitality options and also boasts a train station which provides rail services to London Waterloo in under half an hour at peak times. The area also caters for family needs by offering a choice of schooling for all ages. Early viewings come highly recommended to avoid disappointment.
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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