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£850,000
Bedrooms
Bathrooms
An exciting opportunity to purchase this large, detached family home that has been owned by the same family for the last 42 years.
The property is located on Cranford Lane and is only a short distance from a range of local amenities and transport links, including Hounslow West High Street and Tube Station. The property also falls in the catchment area for many highly rated primary and secondary schools.
The property has a well-presented frontage and boasts lots of kerb appeal with off-street parking and own garage.
Upon entry the property comprises a large porch area which leads to a WC, a spacious entrance hall and a utility room. The modern fitted kitchen offers pleasant views over the rear garden. The well-proportioned lounge/reception room (141' x 124') flows into a separate dining room (106' x 911'), which in turn opens into the impressive main reception room (1610' x 1210'). This central living space serves as the heart of the home, offering stunning views and direct access to a raised stone patio and a beautifully landscaped rear garden.
The south facing rear garden is truly wonderful and boasts a raised patio area, a large stone patio area and a well-kept lawn all framed by well-established plants, trees and shrubs.
On the first floor there is a spacious landing which leads to a large family bathroom and three good sized bedrooms. Bedroom one measures 148 x 127 and is complete with ample storage. Bedroom two measures 128 x 106 and bedroom three measures 85 x 77, all offered in excellent condition throughout.
Additional benefits include a spacious garage, gas central heating, double-glazed windows and potential for further development, such as a double-storey extension to the rear or side, rear single-storey expansion or a loft conversion. This is subject to the necessary planning permissions and can be seen in many neighbouring properties.
Viewings are highly recommended.
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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