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£975,000 Guide Price
Bedrooms
Bathrooms
This unique detached residence was built 12 years ago by the current vendors who have created a bespoke art deco home designed by the architect Jeff Haskins. Accommodation is set over three floors and provides very flexible and adaptable space. The large entrance hall leads to three double bedrooms, a beautifully appointed porcelanosa shower room and a utility room. The middle floor provides two large bedroom suites both with magnificent en-suite facilities but with the master suite having a show stopping egg bath and a supersized shower. Once again no expense has been spared in providing quality porcelanosa fitments and tiles with everything complementing the art deco theme. On the ground floor is a custom built kitchen with a unique island that offers the perfect breakfasting place. This then opens to a dining area and large lounge with bifold doors that open onto a private patio area which then extends further to a large L-shaped lawn area. In our opinion attention to detail in this property is second to none with the 1920s style of build and fitments really true to that era. The superior materials used throughout add a sense of luxury from the engineered oak floors, the quality tiling, underfloor heating throughout, alarm system and even an integral hoover system. Offered to the market with no onward chain we highly recommend that you view this property at your earliest opportunity.
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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