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£195,000 Guide Price
Bedrooms
Bathrooms
Reception
Vancouver Road, Edgware, Middlesex, HA8 5DH
Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid 200,000
ACCOMMODATION COMPRISES:
Entrance through double glazed front door opening to....
KITCHEN/DINER:
18 8 (5m 69cm) x 8 8 (2m 64cm). Rear aspect double glazed window & door opening to rear garden, wall and base units, electric oven, hob, plumbed for washing machine, radiator x 2, power points, lino flooring and fitted carpet.
SHOWER ROOM:
5 3 (1m 60cm) x 4 3 (1m 30cm). Built-in shower cubicle shower, low level WC, pedestal wash hand basin, partly tiled walls, extractor fan and tiled flooring.
BEDROOM 1:
9 10 (3m 0cm) x 7 1 (2m 16cm). Front aspect double glazed window, radiator, power points and laminated wood flooring.
Stairs to first floor:
Fitted carpet
Landing:
Fitted carpet
BEDROOM 2:
7 7 (2m 31cm) x 8 10 (2m 69cm). Rear aspect double glazed window, radiator, power points laminated wood flooring.
EN-SUITE SHOWER ROOM:
Built-in shower cubicle shower, low level WC, pedestal wash hand basin, partly tiled walls, extractor fan and tiled flooring.
Exterior:
REAR GARDEN:
Communal gardens to rear
GENERAL INFORMATION:
TENURE:
Leasehold
LEASE:
99 years
GROUND RENT:
200
LOCAL AUTHORITY:
Harrow
COUNCIL TAX:
Band - C
FIXTURES & FITTINGS:
All fixtures and fittings are expressly excluded from the sale unless specifically mentioned herein.
VIEWINGS:
Through London Properties by appointment only.
I have also attached our auctioneers comments if you wish to add to the end of your listing.
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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