3 bedroom end of terrace for sale

£550,000

3

Bedrooms

1

Bathrooms

Floorplan

This stunning three bedroom end of terraced family home is offered new to the market with no onward chain. Vast features include a large living/dining room, extended kitchen/breakfast room, downstairs W/C, three good sized bedrooms, modern shower room and staircase to second floor decorated loft area. Further benefits include a landscaped low maintenance rear garden, large brick built garage/office area with drop kerb (and painted white line essentially providing reserved parking on Sussex Road) and ideally situated within easy reach of Watford Junction Station, major road links M1, A41 & M25, good local schools and shopping facilities.

Front Garden: Brick walls enclosed, patio hard standing, step to lead light composite panel front door to:-

Entrance Hallway: A welcoming entrance hallway benefiting hardwood flooring, carpeted staircases to first floor landing with glass balustrade (a lovely feature), panel doors to living/dining room and understairs storage cupboard and further pocket door to:-

Kitchen: 5.41m x 4.95m (179' x 163'), Fitted with a comprehensive range of Shaker style wall, base and drawer units with ample roll edge work surfaces, inset single bowl stainless steel sink with single drainer and chrome mixer tap, space for free-standing fridge/freezer, plumbing for automatic washing machine and full width dishwasher, integrated wall mounted double oven, inset four burner gas hob with extractor hood over, tiled splash backs, tiled floor, UPVC double glazed window overlooking the rear garden and open plan to:-

Kitchen:

Breakfast Room: Continued tiled floor from the kitchen, French doors giving access to the rear garden and further double glazed windows, ample space for 6 seater dining table and chairs, glazed roof, double radiator, panel door to:-

Downstairs W/C: 2.24m x 1.27m (74' x 42'), Fitted with a concealed cistern low flush push button W/C, Vanity Unit mounted wash hand basin with chrome mixer taps, UPVC double glazed window to rear, further fitted wall and base units with roll edge work surface, wall mounted mirror, fully tiled walls.

Living Room: 7.77m x 3.25m (256' x 108'), Benefitting sash style large double glazed bay window to front with radiator underneath, coved ceiling, continued hardwood flooring from the hallway, ample space for living furniture, T.V, B.T and internet points open plan to:-


Living Room:

Through Living/Dining Room: Benefitting continued hardwood flooring from the living room, coved ceiling, sash style double glazed window to rear allowing natural light with radiator underneath, ample space for six seater dining table and chairs.

Dining Room:

Dining Room:

Dining Room:

First Floor landing: Benefitting carpet flooring, panel doors giving access to bedrooms one, two, three, and shower room further staircase to second floor.



Bedroom One: 3.68m x 3.23m (121' x 107'), Sash style double glazed window to rear with double radiator underneath, coved ceiling, carpet flooring, television aerial, recess fitted wardrobe with shelf & hanging space, four directional spotlights, ample space for king size bed and chest of drawers.

Bedroom Two: 3.43m x 2.92m (113' x 97'), Another good sized double bedroom benefitting twin sash style double glazed window to front with double radiator underneath, coved ceiling, carpet flooring, television aerial, wall mounted full height mirror, fitted recess double wardrobe, ample space for double bed, wardrobes and chest of drawers.


Bedroom Three: 2.69m x 2.54m (810' x 84'), Sash style double glazed window to rear with single radiator underneath, coved ceiling, carpet flooring, four spotlights on a rail, television aerial, ample space for single bed , wardrobe and chest of drawers.

Shower Room: 2.44m x 2.39m (8 x 710'), Fitted with a slimline cistern low flush push button W/C, wall mounted wash hand basin with chrome mixer taps and wall mounted vanity mirror, sash style UPVC double glazed window to front, wall mounted heated towel rail, walk in shower cubicle with bespoke full height screen, sunken tray and wall mounted thermostatic taps.

Second Floor Landing: Benefitting laminate flooring, over stairs storage cupboard, panel door giving access to:-

Loft Area: 4.39m x 3.68m (145' x 121'), Recess spotlights, twin Velux double glazed windows to rear, radiator, doors to multiple cupboards utilising eaves storage. hardwood flooring.

Loft Area:

Loft Area:

Rear Garden: A good sized private family rear garden, well fence panel enclosed, large sandstone patio, various mature evergreen shrubs, large artificial lawned area, storage shed.

Rear Garden:

Rear External:

Garage: Brick built garage to rear with drop kerb and white line allowing essentially reserved parking, up and over door (currently blocked off internally but could be reinstated), UPVC double glazed panel door and UPVC double glazed windows to side, carpet flooring, mains power, fully decorated and previously used as an office.

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

£ 456450

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 13750
  • 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

£ 43950
  • 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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