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£580,000 Guide Price
Bedrooms
Bathrooms
GUIDE PRICE: 580,000-600,000 This stunning property boasts a double extension to the front and further extension to the rear. Well presented throughout with a rear garden of approximately 80ft, this property in the heart of Elm Park is a must see!
Whether you are new to the area looking to upsize, or a local resident for a home on a sought after road, we have just the property for you!
The striking double extension is proceeded by the drop curb leading to crazy paving for essential off street parking. In addition the shared drivweway leads to the garage. Conveniently situated close to local shops and Elm Park District line station, while the nearby Harrow Lodge Park is the perfect setting for a summer walk.
The contemporary decor of the hallway is a theme throughout with light laminate flooring leading to the kitchen and lounge via the ground floor shower room.
The shower room comprises of a power shower accompanying the WC with vanity unit. The part mosiac tiled walls complete this room thats essential for any busy family home.
The fifth bedroom is located on the ground floor, with stylish spotlights looking down on day and night roller blinds. Storage is via the wardrobe and separate door to a further cupboard. The homely carpet and blinds feature in all of the bedrooms, with wall mounted radiators throughout.
The lounge begins with a large bay window looking onto laminate flooring and a timeless, bare brick feature housing an electric fire. Natural light is from the double glass doorsleading to the dining area. The twin storage provides essential storage with further spotlights.
The kitchen/dining area has an abundance of natural light finished with roller blinds. The dining area is a great setting to entertain, and the high gloss units, valliant boiler and fitted oven/hob are ideal for the day to day running around along with a range of eye and base level units.
The inviting staircase features a large double glazed window for a great source of natural light. All four of the remaining bedrooms are on the first floor, with bedroom one including a large half bay window with a featured wall. Bedroom two has build in wardrobes and a featured wall. Bedroom three and four are complete with day and night blinds with bedroom three benefitting from eye level storage.
The family bathroom is fully tiled complete with a shower cubicle, sink with WC and vanity unit.
As spring slowly approaches, the rear garden will come into its own. Beginning with the wooden gazebo looking down on the paved area, this is the ideal setting to entertain. The laid lawn houses the garage and leads to a hardstanding area for further potential. Measuring at approximately 80 foot there is lastly a wooden shed for added storage.
We encourage an early appointment to avoid any disappointment.
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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