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£640,000
Bedrooms
Bathrooms
Situated on a substantial plot, there is ample space to build your dream extension (subject to necessary permissions).
Coming to the market for the first time in nearly 18 years, and offered CHAIN FREE, this superb family home is situated in a popular residential area with excellent access to sought after schools in Bushey, including Queens. Excellent transport links, including Watford Junction Station (London Euston 20 min), M1, M25 and A41. Dont take our word for it, come and see the property and its potential and make an offer!
In our view, the property is well-presented and offers spacious and comfortable accommodation throughout.
On the ground floor, you will find a bright welcoming hallway, an excellent living/dining room with patio doors to the rear garden, a good size kitchen and a cloak room accessed from the rear lobby. On the first floor, there are three well proportioned bedrooms and a spacious bathroom.
Externally, the property is approached via a large driveway and front garden. There is a garage to the side. To the rear there is a good size patio and a large garden, which together lend themselves to an extension subject to necessary permissions
The property is tenanted currently, but is available with vacant possession
EPC rating: D. Tenure: Freehold,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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