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£900,000 Offers in excess of
Bedrooms
Bathrooms
Offered for sale with a complete short upper chain is this lovely house located in the prestigious gated development The Lawns on Porters Park.
Situated at the back of The Lawns in a prime position backing onto Shenley Park with its own private gate into the park and a southerly aspect garden this is one of the most sought after properties within The Lawns and immediate viewing is strongly recommended.
Owned since new by the vendor the house whilst in need of some modernisation has been meticulously looked after and cared for and this is a superb opportunity to make this your own. Many properties on the The Lawns have converted garages offering additional living space.
Accommodation is across three floors and comprises four bedrooms (three doubles & one large single), three bathrooms of which two are ensuite, galleried landing, kitchen diner, utility room and a stunning sunken living room and dining room with high ceilings and access to the southerly facing garden.
The property also benefits from a garage and driveway for two cars. This house is all about the potential and its prime position!
''Please note there is a monthly service charge of around 90 currently''
EPC Rating Band C.
Entrance Hall -
Downstairs Wc -
Kitchen Breakfast Room - 3.89m excluding bay window x 2.39m (129 excluding -
Utility Room - 1.73m x 1.50m (58 x 411) -
Lounge - 5.16m excluding bay windowx 4.39m (1611 excluding -
Dining Room - 3.51m x 2.62m (116 x 87) -
Landing -
Master Bedroom - 4.24m x 4.22m into wardrobes (1311 x 1310 into w -
En-Suite Bathroom -
Bedroom Three - 4.83m into wardrobes x 2.62m (1510 into wardrobes -
Bedroom Four - 2.97m x 2.36m (99 x 79) -
Family Bathroom -
Landing -
Bedroom Two - 5.31m into wardrobes x 4.39m at max points (175 i -
En-Suite Bathroom -
Garage & Parking - Integral single garage with up and over door. Driveway for 2 cars in front of the property
Rear Garden - South-East facing and backing onto Parkland with rear gated access.
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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