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£1,400,000
Bedrooms
Bathrooms
This superbly presented four-bedroom detached family home is located on the sought-after Vera Avenue in Grange Park. Offering spacious and versatile accommodation throughout, the property opens into a generous entrance hallway with a convenient downstairs cloakroom. The ground floor features a bright through lounge ideal for both relaxation and entertaining, which leads into an extended L-shaped kitchen/diner. This modern and functional space offers ample room for family dining, with large patio doors opening out to a beautifully maintained South West-facing rear garden complete with a patio area and the remainder laid to lawn, perfect for outdoor living and summer gatherings.
Upstairs, the home comprises four well-proportioned bedrooms, including a bedroom with en-suite shower room, and a modern family bathroom serving the remaining rooms. The property also benefits from a detached garage to the side, accessed via a private driveway, providing off-street parking and additional storage space. There is further scope to extend the property to the side, subject to obtaining the necessary planning consents an exciting opportunity to create a truly bespoke family residence.
This home is perfectly positioned for families, with several highly regarded schools nearby. These include Grange Park Primary School, Highlands School, Grange Park Preparatory School, Eversley Primary School, Merryhills Primary School, and St Pauls CofE Primary School all of which enjoy excellent reputations for academic performance and community values. In addition, the property is conveniently located close to Grange Park station, offering easy access to central London, and is within reach of local shops, green spaces, and other amenities.
A rare opportunity to acquire a charming and versatile family home in one of Grange Parks most desirable locations early viewing is highly recommended.
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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