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7 High Street, Langford, Bedfordshire
£575,000
Bedrooms
Bathrooms
FIVE BEDROOM, well maintained, traditional detached family property situated at the end of a small quiet cul-de-sac of similar executive homes. Ideal for those working from home needing a quiet environment. Located in the centre of the village, only 2 minutes walk from the local shop, Post Office and 4 minutes walk from the village hall/community centre. Offered with two good sized reception rooms overlooking the rear garden plus a useful study and a kitchen/breakfast room with adjoining utility room. A spacious hallway with galleried landing leads to five bedrooms. The main bedroom enjoying a useful dressing room leading to a high spec large en-suite with double sized multi-function shower. Similarly the main high spec family bathroom features a large bath with multi-function shower. Several rooms have wired Internet connectivity. Outside, front and rear gardens with off road parking for 3/4 cars provided by the driveway and the 34FT double length tandem garage.
EPC BAND D / COUNCIL TAX BAND F
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.
7 High Street, Langford, Bedfordshire
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