Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£1,200,000 Guide Price
Bedrooms
Bathrooms
'' LOCATION, LOCATION, LOCATION '' With its own gate into Shenley Park, this property is without doubt located in one of the BEST locations in Porters Park. Situated at the bottom of a shared private driveway on a popular close at the top end of Porters Park, the property benefits from over 2100 sq of accommodation which comprises five bedrooms (four doubles & one single), four bathrooms (two ensuites, a family bathroom & a downstairs shower room), open plan modern kitchen dining room, double aspect living room and an additional spacious reception room.
The property has been well maintained, and whilst it would benefit from some updating, is offered in a good condition. It also benefits from a garage, driveway for two cars, sunny aspect south west facing garden (with gate to Shenley Park) and huge potential.
EPC Rating Band C.
Entrance Hall -
Lounge - 6.50m excluding bay window x 3.43m (214 excluding -
Kitchen Dining Room - 7.29m x 4.78m at max points (2311 x 158 at max p -
Utility Room - 2.82m x 1.57m (93 x 52) -
Family Room - 4.85m x 4.75m at max points (1511 x 157 at max p -
Shower Room -
Landing -
Master Bedroom - 4.90m x 4.80m at max points (161 x 159 at max po -
En-Suite Bathroom -
Bedroom Two - 3.96m into wardrobes x 3.73m (13 into wardrobes x -
En-Suite Shower Room -
Bedroom Three - 3.45m into wardrobes x 3.20m (114 into wardrobes -
Bedroom Four - 3.45m into wardrobes x 3.20m (114 into wardrobes -
Bedroom Five - 3.28m x 1.93m (109 x 64) -
Family Bathroom -
Garage & Parking - Single garage with up and over door. Driveway for 2 cars in front of the property
Rear Garden - South-West Facing
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
