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£675,000 Guide Price
Bedrooms
Bathrooms
A four bedroom detached house in need of modernisation and refurbishment and sold with no onward chain complications - EPC F
DESCRIPTION
Nestled in a sought after cul-de-sac within the conservation area and situated in close proximity to the Closes Park. A rare opportunity to purchase a 4 bedroom detached residence that has been owned by the same family since the 1970s. Offering ample opportunity to modernise and refurbish, the well planned and spacious accommodation comprises an entrance hallway leading to the living room which flows into both the dining room and sun room, kitchen and downstairs WC. Stairs from the entrance hallway lead to the first floor landing which provides access to three double bedrooms, a fourth sensibly sized bedroom and a family bathroom.
OUTSIDE
Front: A dropped kerb provides vehicular access to a concrete driveway leading to the garage with up and over door. Balance laid to lawn
Rear: Paved patio area. Steps up to balance of garden which is laid to lawn.
LOCATION
The town centre of West Drayton with Elizabeth Line, bus routes, The Closes Park and The Green are all within a short walk. London Heathrow Airport, Hillingdon Hospital, Schools, the motorway network, Stockley Business Park and Uxbridge town centre are all conveniently nearby.
Heating & Hot Water - A gas fired boiler serves the radiator system and provides the domestic hot water. Electric immersion heater in a hot water cylinder.
Council Tax Band - We understand that the current council tax band is F.
Services - Mains gas, electricity, water and drainage.
Tenure - Freehold.
Viewings - Strictly by appointment with R Whitley & Co.
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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