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£1,500,000 Offers in excess of
Bedrooms
An imposing and handsome Edwardian period home situated on this desirable and smart road. The property sits on a 26 meter wide plot (87 ft) and the total plot measure just shy of 0.25 acre, which offers tremendous potential! Approximately 0.4 miles from the high street and Metropolitan line station.
The home would benefit from further improvement but currently benefits from entrance porch, hallway reception, family room/home office, sun/garden room, impressive sitting room, kitchen/BREAKFAST ROOM, downstairs w.c/shower room, principal bedroom with en-suite bathroom, three further double bedrooms, family bathroom, separate WC, a true feature is the mature rear garden which has a delightful side garden too which offers the perfect space for both the family and the keen horticulturist. DETACHED double garage with a separate utility area and useful shed. We believe this offers a HUGE opportunity for a buyer to create a wonderful coach house for garaging and above a guests suite/apartment with potential rental income or teenage apartment STPP.
NO UPPER CHAIN!
Location
Pinner provides a wide range of shops with multiple stores including Marks & Spencer Food Hall, Sainsbury, Boots and Costa Coffee. There is an interesting selection of quality restaurants serving multi-cultural cuisine, including an award winning restaurant and several coffee/snack bars. Also a charming French Market takes place once a month offering locally made arts/crafts and fantastic foods.
The schooling, both state and private, is well recommended and there are convenient links to Central London via the Metropolitan Line station at Pinner (Baker Street 26 minutes approx.) The Piccadilly Line station at Eastcote (approx. 2.9 miles).
Both the Atria shopping centre at Watford and St Annes shopping centre at Harrow are easily accessible.
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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