4 bedroom semi-detached for sale

£895,000

4

Bedrooms

2

Bathrooms

Floorplan

Smith Melzack are pleased to offer this chain free large 4 bedroom semi-detached house in WembleyPark.

From the moment you walk through the door you immediately feel that this house is not your average semi, maintaining many of the original features of the property includinghigh ceilings with exposed wooden beams you instantly feel at home. The ground floor of the property comprises of a large welcoming entrance hallway, two reception rooms and a dining room leading through to a fully fitted kitchen. To the first floor you have doors leading to four double bedrooms, of which the generouslysized master bedroom has an open arch leading to a fully fitted four piece en suite bathroom complete with corner bath. There is a further family bathroom and loft access via a hatch. A lovely feature of the first floor landing is the curved wall, a feature which you simply don-t find on your average 1950-s semi detached house.



This property needs to be viewed to be fully appreciated. Offering approximately1850 square feet of living space and drenched in natural light this house is perfect for a family looking for their forever home and is truly unique. Further benefits of the house includea rear garden measuring in excess of 140ft, a driveway for approximately two cars, gas central heating throughout and is offered to the market completely chain free.



Close to good primary and secondary schools, the property is close to local transport within walking distance ofWembleyParktube station (Metropolitan & Jubilee lines) and North Wembley Station ( Bakerloo line and overground train network). Local shops and the London Designer Outlet are minutes away.

Do not delay booking a viewing to avoid disappointment !

Map location is not available for this property.

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 741075

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 22375
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 69825
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %
  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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