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£750,000 Guide Price
Bedrooms
Bathrooms
An extended detached bungalow offering potential to extend (subject to planning permission), modernise, refurbish and remodel. Centrally located and sold with no onward chain complications - EPC E.
DESCRIPTION
Situated in the sought after Ferrers Avenue which is an ideal location for easy access to the town centre and Elizabeth Line Station. This deceptively generous and extended detached bungalow offers a wealth of potential to further extend (subject to planning permission), modernise, refurbish and remodel to suit the needs of the larger or growing family. The spacious accommodation comprises an entrance hallway, spacious 275 x 185 living room, conservatory with sliding doors out to the rear garden, dining room, fitted kitchen with pedestrian door to garden, principal double bedroom with bay window, two further double bedrooms, wet room and a shower room.
OUTSIDE
Front: Two dropped kerbs to paved in and out driveway which extends down the side of the house to the detached garage at the rear.
Rear: Paved with raised planting borders and pond.
LOCATION
The town centre of West Drayton with Elizabeth Line station, bus routes, The Green and The Closes Park are within walking distance. London Heathrow Airport, the motorway network, Stockley Business Park and Uxbridge town centre are all within easy motoring distance.
Heating & Hot Water - A gas fired combination boiler serves the radiator system (no heating at first floor level) and provides the domestic hot water.
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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