3 bedroom detached for sale

£895,000

3

Bedrooms

2

Bathrooms

Floorplan

This imposing 3 bedroom detached house has a substantial full width rear extension and we understand the garage foundations were built with a first floor extension in mind. There is a large rear garden and Oakwood Tube station and excellent local shops are just 0.5 miles away. Sold chain free.

The front door gives access the hallway.

Hallway Radiator, stairs to the first floor, under stairs cupboard with modern fuse box, wall light point.

Through Lounge 258 x 112 Double glazed windows to the front aspect, glazed double doors to the rear into the kitchen/diner, real flame gas fire, wood laminate flooring, two radiators, dimmer switch.

Generous Sized Utility Room 89 x 95 (max) This could also be an OFFICE Fitted wall and base units, single drainer sink inset to work surfaces, plumbed for washing machine, space for fridge freezer, radiator, built in cupboard with Worcester combination boiler, further smaller storage cupboard.

Shower Room W/c Double glazed frosted window to the side aspect, ceiling dome, tiled shower cubicle with Triton shower, low flush w/c, pedestal wash hand basin, ceramic tiled walls and floor.

Large Kitchen/Diner 238 x 115 (93) Double glazed double doors to the garden and further double glazed windows to the rear and side aspect. Two ceiling domes providing even more light. The kitchen area is fitted with a good range of wall and base units, single drainer sink inset to work surfaces with tiled splash backs, built in Zanussi double oven, integrated dish washer, two radiators.

First Floor Landing Double glazed stained and leaded window to the side aspect, original panelled doors, access to partly boarded loft, wall light point.

Bedroom One 149 x 109 Double glazed bay to the front aspect, radiator.

Bedroom Two 1210 x 109 Double glazed windows to the rear aspect, radiator.

Bedroom Three 73 x 6 Double glazed leaded windows to the front aspect. (no radiator)

Spacious Bathroom W/c Dual aspect double glazed frosted windows to the rear and side aspect, panelled bath with shower and mixer, low flush w/c, wash hand basin with cupboard beneath, lovely original storage cupboards, tiled wall and floor, radiator.

Exterior.

Front Drive & Garden. Brick paved with off street parking for several cars. Outside tap and outside light, covered pedestrian side access with locked gates.

Large Rear Garden. Measuring approximately 75. Patio area, lawn, small timber shed, outside light and tap.



Features
  • Freehold

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

£ 741075

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
    £ 22375
  • 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

£ 69825
  • 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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