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£1,175,000 Guide Price
Bedrooms
Bathrooms
Offered for sale CHAIN FREE is this fantastic five bedroom property located in a secluded shared driveway on a popular close at the top end of Porters Park.
Just steps from both the local shops and Shenley Park, the property is perfectly appointed for all local amenities. Accommodation comprises five bedrooms (four of which are generous doubles), three bathrooms (two of which are ensuite shower rooms), downstairs wc, spacious kitchen diner, large double aspect living room, another large family room leading to another reception room (currently used as an office) with its own wc and entrance. There is parking for two cars and a lovely level rear garden.
CHAIN FREE and offering over 2200sq of living space, immediate viewing is strongly recommended.
EPC Rating Band C.
Entrance Hall -
Downstairs Wc -
Lounge/Cinema Room - 6.48m excluding bay window x 3.43m at max points ( -
Kitchen Diner - 7.34m x 4.85m at max points (241 x 1511 at max p -
Utility Room - 2.79m x 1.52m (92 x 5) -
Family Room - 4.90m x 4.90m at max points (161 x 161 at max po -
Studio/Office - 4.90m x 2.57m at max points (161 x 85 at max poi -
Wc -
Landing -
Master Bedroom - 4.90m x 4.83m at max points (161 x 1510 at max p -
En-Suite Shower Room -
Bedroom Two - 3.99m into wardrobes x 3.73m (131 into wardrobes -
En-Suite Shower Room -
Bedroom Three - 3.43m into wardrobes x 3.20m (113 into wardrobes -
Bedroom Four - 3.43m into wardrobes x 3.20m (113 into wardrobes -
Bedroom Five - 3.23m x 1.93m (107 x 64) -
Family Bathroom -
Rear Garden -
Parking - Driveway for 2 cars in front of the property
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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