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£975,000 Guide Price
Bedrooms
Bathrooms
An outstanding, beautifully presented four-bedroom, two-bathroom semi-detached house with extensive living accommodation and a large private garden. Located in the desirable Berrylands area within easy reach of Berrylands Station, with local shops and schools a walk away. The many benefits include a striking contemporary open-plan kitchen-living room with bi-folding doors opening onto the garden. The shaker-style kitchen includes integral appliances, a sociable island and stone surfaces plus a separate utility room. There is also a very comfortable lounge dining room with a bay window and a fireplace with a solid fuel stove. All these rooms enjoy underfloor heating. The welcoming entrance hallway includes a wc and access to the study. On the first floor are two large double bedrooms and a good size single room. There is also a sumptuous white and stone bathroom with a shower over the bath. On the top floor is a master bedroom suite with fitted wardrobes, a Juliet balcony and a sumptuous en-suite shower room. To the rear is a well-maintained garden stretching back approx. 75ft with stone terrace seating areas, lawn, well-stocked borders and a storage shed. There is a landscaped garden at the front and driveway parking. A lovely family home.
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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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