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£699,950
Bedrooms
Bathrooms
Reception
DESCRIPTION:
LOCATION LOCATION LOCATION! Paragon Estate Agents are proud to represent to the market this attractive and spacious Three bedroom Semi Detached house with OWN DRIVE WAY and garage with side access, Amazing POTENTIAL for side and rear extensions as well as a loft conversion stpp. The property comprises of a spacious through lounge with dining area and double glazed slide doors with access into the garden, good size kitchen with access to the side, a large 90ft approx rear garden and a newly made downstairs shower/WC. To the first floor there are three spacious bedrooms and a family bathroom with a separate WC.
LOCATION:
Well situated in a sought-after desirable location a very popular residential road just off Church Lane and within the Salmon Street estate, close to good schools, local shops and super stores also within a short walk to numerous transport links of both Wembley Park and Kingsbury stations.
CONDITION:
Offered in great shape and well taken care of over the years by its present owners however the property may require some modernization which is perfect for someone who would like to add their own touch and mostly importantly GREAT POTENTIAL for further development making it an attractive proposition for a growing family and investors alike, other benefits to include G.C.H and D.G windows, plenty of natural light and off-street parking.
Viewings by appointments only, Call Paragon Estate Agents on 020 8933 2345 to book your viewing.
Map location is not available for this property.
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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