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£980,000 Offers in excess of
Bedrooms
Bathrooms
CHAIN FREE Orchard Property Services are delighted to present to the market this larger than average four bedroom detached imposing property situated on a large plot of land in North Hillingdon. In need of updating throughout, this deceptively spacious family home offers excellent potential to extend (stpp) and benefits from generously sized double bedrooms and living accommodation. Long Lane also offers a separate one double bedroom annex in the rear garden which is fully equipped with power and heating and benefits from a spacious lounge and modern shower room. Located moments away from local sought after schools and excellent transport links, we would recommend an internal inspection to truly appreciate the space and extension potential that is on offer.The ground floor accommodation briefly comprises of an entrance hall leading through to two separate lounges and fitted kitchen and access the secluded rear garden. The ground floor is complete with a fourth bedroom which could also be utilised as another reception room and W.C. The first floor boasts three double bedrooms, family bathroom and access to the loft space, outside consists of a sizeable gated driveway for numerous vehicles, pedestrian side access leading through to a well maintained rear garden exceeding over a 100ft. The one bedroom annex offers a kitchen lounge area, shower room with window and double bedroom. LocationLocated in the popular area of North Hillingdon, Long Lane is within walking distance to local sought after schools including Oak Farm Primary, Oakwood & Swakeleys secondary schools and an array of shops including The Co-Op, the Post Office and restaurants all close by.Local transports links are also close by including bus routes to Uxbridge, Oxford Bus and Hillingdon Station (Metropolitan & Piccadilly lines), the A40/M25/M40 are within driving distance.
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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