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£725,000 Guide Price
Bedrooms
Bathrooms
Guide Price: 725,000 to 775,000
Oakland Estates welcomes to this market this exceptional five-bedroom bungalow on Eastern Avenue, offering the perfect blend of space, convenience, and comfort. Just a short walk from Newbury Park Station, this property is ideal for large families or investors alike.
Step inside to find a generously sized ground floor, featuring two spacious double bedrooms, a large single bedroom, a modern family bathroom, a bright and airy living area, and a separate modern fitted kitchen.
The lower ground floor expands your living space even further with two additional double bedrooms, a second bathroom, and ample storage.
Outside, enjoy an impressive 100ft rear garden, perfect for entertaining or relaxing. A private driveway accommodates two to three cars, ensuring hassle-free parking.
Located in Newbury Park, a highly desirable area known for its excellent transport links, top-rated schools, and vibrant community. With Newbury Park Central Line Station just moments away, you can reach Stratford in under 15 minutes and Liverpool Street in just 20 minutes, making it ideal for commuters. The area also boasts beautiful parks, local shopping amenities, supermarkets, and a variety of restaurants and cafs. Families will appreciate the proximity to outstanding schools, making this the perfect location.
Dont miss out on this fantastic opportunity viewings are 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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