3 bedroom semi-detached for sale

£450,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

SUMMARY This three bedroom semi-detached property is located in the highly sought after area of Abbots Langley, within close proximity to nearby transport links, excellent amenities, and good local schooling. Internally, the property features entrance hall, kitchen/diner, living room, WC and storage space. Upstairs there are three well-proportioned bedrooms, and a family bathroom. Externally, there is a single garage with additional parking to the front, together with a low maintenance private rear garden. The property is in close proximity to a range of transport links including the M25/M1/A41 and Kings Langley train station which provides a fast and regular service to London Euston station, and is a short drive to underground stations on the Metropolitan line.

ENTRANCE HALL UPVC front door leading onto entrance hall. Carpet, radiator, large under-stairs space ideal for cloakroom storage, ceiling light, door leading to downstairs WC/cloakroom.

DOWNSTAIRS CLOAKROOM/WC Vinyl floor, radiator, WC, pedestal sink with stainless steel taps and tiled surround, double-glazed obscured window to front aspect, ceiling light.

KITCHEN/BREAKFAST ROOM 15 8" x 11 3" (4.78m x 3.43m) Vinyl floor, radiator, a range of white wall and base cupboard units with laminate work surfaces, stainless steel sink with mixer tap, Ideal Logic Boiler, space for oven, fridge-freezer and washing machine, double-glazed windows to front and side aspect, smoke alarm, ceiling lights x two.

LOUNGE 14 3" x 10 7" (4.34m x 3.23m) Carpet, radiator, double-glazed window to rear aspect, ceiling light. Door leading to back of property with large pantry/storage space, UPVC door leading to rear garden.

STAIRS AND LANDING Carpet, two large cupboards with plenty of storage space, loft hatch, smoke alarm, ceiling light.

BEDROOM ONE 13 5" x 11 6" (4.09m x 3.51m) Carpet, radiator, double-glazed window to rear aspect, ceiling light.

BEDROOM TWO 12 9" x 11 5" (3.89m x 3.48m) Carpet, radiator, built-in wardrobe/cupboard space, double-glazed window to front aspect, ceiling light.

BEDROOM THREE 11 0" x 8 9" (3.35m x 2.67m) Carpet, radiator, double-glazed window to rear aspect, ceiling light.



BATHROOM Vinyl floor, radiator, part-tiled walls, panel enclosed bath, sink with stainless steel taps, WC, double-glazed obscured window to front aspect, ceiling light.

EXTERNAL SPACE Single garage with outside light. The rear garden is secluded with raised borders featuring mature shrubs and trees, and a good size paved area to the back, ideal for entertaining.

Map location is not available for this property.

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

£ 373950

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 11250
  • 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

£ 36450
  • 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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