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£775,000
Bedrooms
Bathrooms
Nestled on the bustling Watford Road in Wembley, this charming detached house presents an excellent opportunity for both families and investors alike. Spanning an impressive 1,367 square feet, the property boasts two spacious reception rooms, perfect for entertaining guests or enjoying family time. With three well-proportioned bedrooms, there is ample space for comfortable living.
One of the standout features of this home is the expansive garden, which stretches nearly 200 feet in length. This large outdoor space offers a tranquil retreat from the hustle and bustle of city life, providing a perfect setting for gardening, play, or simply relaxing in the sun. The property is ideally situated with easy access to North Wembley, Northwick Park, Wembley Park, Harrow on the Hill and Sudbury Town stations, making commuting a breeze for those who travel to central London (under an hour commute) or beyond. Additionally, the main road location ensures that local amenities, shops, and services are just a stones throw away, enhancing the convenience of daily living. Wembley High Technology College, which is currently Ofsted rated 'outstanding' secondary school is approximately a 10 minute walk away and The Ark Wembley also 'outstanding' is a short bus ride away.
Furthermore, this house holds significant development potential, subject to the usual consents, allowing for the possibility of expansion or renovation to suit your personal needs and preferences. Whether you are looking to create your dream family home or seeking a promising investment opportunity, this property on Watford Road is not to be missed. Embrace the chance to make this delightful house your own and enjoy all that Wembley has to offer.
Local Authority: London Borough of Brent
Council Tax Band: F
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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