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£400,000 Offers over
Bedrooms
Bathrooms
Looking for your new home in Wembley Park? Look no further than this spacious 2/3 bedroom 2nd floor flat located on the popular Barn Hill Estate.
The property was refurbished a few years ago and is presented in excellent condition. The two Double Bedrooms are spacious and benefit from built in cupboards, the third room would be an ideal office space or nursery, the modern bathroom is in immaculate condition, the kitchen is of a good size enabling room for a breakfast bar. The inviting living room leads onto a spacious balcony overlooking Forty Avenue.Laminate flooring runs throughout the property.
A short walk to Wembley Park tube station Jubilee and Metropolitan lines, enables access to Central London in 20 minutes. The property is close to additional transport links, local shops and amenities. The London Designer Outlet with its numerous shops, bars, restaurants and leisure facilities is a stones throw away.
Outstanding local schools: Ark Academy, Winston Churchill International School and Michaela Community School are minutes away.
Lease 200+ years
Service Charge 1200 pa
Ground Rent 20 pa
Book a viewing today to avoid disappointment!
Property Features:
- 2 Double Bedrooms
- Office Space
- Modern Bathroom
- Fitted Kitchen
- Living Room
- Balcony
- Gas Central Heating
- Double Glazing
- Storage Space
- EPC Rating C
- Council Tax Band B
Map location is not available for this 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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