3 bedroom terraced for sale

£430,000

3

Bedrooms

1

Bathrooms

Floorplan

FULLY IMMERSIVE VIRTUAL TOUR AVAILABLE - This end of terrace house situated in the village of Prestwood has undergone some refurbishment and over looks a central green. Offered with VACANT POSSESSION this is one for those people looking to avoid a chain.

Upon entering through the front door you walk in to an entrance hallway with stairs leading to the first floor. There are adjoining doors through to a downstairs cloakroom, a spacious living room and a modern fitted kitchen/diner with a door out to the rear garden. On the first floor there are three bedrooms, the master having built in wardrobes, an airing cupboard housing the hot water tank and a contemporary shower room. Outside there is a rear garden laid predominantly to lawn with brick built raised flower and shrub borders, a patio area, outside tap and gate giving side access to a driveway giving off street parking leading to a single garage. To the front there is a garden which spans out to the side laid to lawn with mature shrub borders and a pathway leading to the front door.

Prestwood is a village located within the Chiltern hills and offers a range of amenities that include an Ofsted outstanding primary school, a range of local shops and public houses. An ideal commuter location for travelling by train with Great Missenden Railway Station, a short 5 minute drive away from the property, offering a reliable train service via Chiltern Railways to London Marylebone, stopping at Amersham which provides a link to the Metropolitan line, Harrow on the Hill, Chorleywood and Rickmansworth.

Nearest Stations:

1.27 miles
Great Missenden
4.09 miles
Saunderton
4.47 miles
High Wycombe
4.72 miles
Wendover
4.97 miles
Princes Risborough

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

£ 357450

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
    £ 10750
  • 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

£ 34950
  • 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

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

£
  • 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

Adjust these figures

  %

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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