3 bedroom semi-detached for sale

£525,000 Guide Price

3

Bedrooms

2

Bathrooms

Floorplan

GUIDE PRICE 525,000-550,000 Superb extended property benefitting from own driveway to garage and off street parking as well as a ground floor shower room located approximately 0.4 miles to District Line Station, local schools and shops.

Looking for a large, spacious family home in the centre of a sought-after area that has a good-sized garage?

Then this property may tick all of your boxes with plenty of features to please throughout including stylish decor and a great sized kitchen.

Coming up to the property you are greeted by a dropped curb that leads to a large, paved area which can be used for off street parking along with a garage to the side. There is then a double-glazed feature entrance door that leads into the hallway.

The spacious hallway has wooden effect flooring and a carpeted staircase to the side which has an understairs cupboard that can be used for storage and houses gas and electric meters. To the rear of the hallway there is a wooden glass decorative panelled door that leads into the living/dining room.

The brilliant sized living/dining room is instantly flooded with natural light thanks to the large, double-glazed windows to the front and rear that look out onto the front and rear garden. This light really shows off the carpeted flooring and coal effect feature fireplace to main wall. To the side of the dining area there is a wooden door that leads into the stunning ground floor shower room and wooden double glass panelled doors that lead into the kitchen.

The idyllic ground floor shower room features wooden effect laminate flooring and part tiled, part painted walls along with a WC and sink that has an under-vanity unit. There is a chrome hand towel rail and a shower cubicle to the side which completes the room.

The stylish kitchen is a lovely space and features a range of eye and base level fitted high gloss units and wooden effect worktops. There is also wooden effect laminate flooring along with a fitted oven, hob and extractor fan and integrated appliances. There are two large, double-glazed windows that look out onto the rear with one of the windows sitting above a stainless-steel sink that has a mixer tap. In the centre of the space there is a good sized breakfast bar with light overhead and a door that leads out onto the rear garden.

Heading up the carpeted staircase onto the first-floor landing there is a loft which has a loft hatch and four wooden doors. Three of the doors lead onto all three bedrooms leaving the final door to open into the first-floor bathroom.

The first-floor bathroom has carpeted flooring and part painted, part tiled walls along with a sink and WC. The bath to the side has a chrome hand shower unit and chrome taps.

All three bedrooms feature carpeted flooring and double-glazed windows as well as plenty of wardrobe and cupboard space for extra storage needs.

The rear garden measures approximately 70ft and has a good width the garden commences with a patch of artificial grass to the front which is quickly overtaken by a stretch of laid lawn. The lawn has established trees and shrubs to either side and stepping stones that lead to an al fresco decked dining area and a further hard standing area to the rear.

Overall, this property is a real stunner and comes highly recommended by the agent. Early viewing is advised to avoid disappointment.

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 435825

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 13125
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 42075
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

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.

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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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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