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£400,000
Bedrooms
Bathrooms
Michael Nicholas are delighted to offer this fantastic extended and well presented modern semi detached property, located in close proximity to the ever popular Vassalls Park.
In brief the ground floor comprises of an entrance hallway, cloakroom, modern kitchen, lounge, and fabulous sun room. The adjoining garage has been converted to offer a study, and a very useful utility room.
On the first floor you will access the three bedrooms, and family bathroom.
Further benefits include newly fitted wood effect flooring, fresh carpets, recently decorated throughout, double glazing, gas central heating, off street parking, and a well tended south westerly facing rear garden.
Further information:
We are informed by the current owner the property is Freehold. This information will need to be checked by your Solicitor prior to exchange of contracts.
The property has an EPC rating D, and a Council Tax band C
Please call Michael Nicholas on to secure a viewing appointment.
From Straits Parade shops, turn into Vassall Road and follow down bearing off to the right hand side. As you get to the mini-roundabout turn left into Willow Bed Close. The property can be found towards the rear of the road.
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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