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£387,500
Bedrooms
A beautifully presented two mid terrace property located in a quiet popular residential area of West Watford, locally know as The Square. Benefitting from a through lounge/dining room, modern fitted kitchen, two double bedrooms and family bathroom. FREEHOLD Energy rating D
Warren Anthony are delighted to offer for sale a delightful two bedroom family home which has been tastefully redecorated throughout.
The Victorian mid-terrace property is ideally situated in a quiet conservation area but is also a convenient short walking distance to Watford Grammar School for Girls, the hospital and town centre.
On entering the a small enclosed front garden, the front door leads into the light and airy through reception room currently used as the lounge area with a large bay window, engineered wood flooring and a radiator. The open plan staircase separates the spacious dining area with a window overlooking the rear garden.
The fitted kitchen has a range of wall and base units with solid wood roll top work surfaces, stainless steel sink unit, integrated five ring gas hob with electric oven below and extractor hood above, dual window overlooking rear garden, additional window to side aspect and door leading to rear garden.
To the first floor there are two double bedrooms with the rear bedroom accessing the en-suite family bathroom.
The bathroom has a modern white suite with a panel enclosed bath with mixer taps and a power shower above. A wash handbasin with vanity unit below and a separate w.c. Obscured glazed window to side aspect. The walls are fully tiled.
The garden is a tranquil retreat with the additional benefit of not being overlooked. The patio is laid in Cotswold style sandstone pavers. The lawn, using good quality faux turf, is tasteful yet practical. Enclosed by panel fencing and brick wall to the rear.
Council Tax: Watford Borough Council C
EPC rating D expires 2028
Freehold
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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