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£775,000 Offers over
Bedrooms
Bathrooms
Reception
We Can Properties are proud to present this substantial extended four bedroom, four reception end of terrace family home on Strathyre Avenue.The property has undergone a programme of refurbishment and extension, and now offers bright and spacious, flexible use accommodation. Features include three separate reception rooms, including a bright and spacious front aspect reception with attractive bay window, a further large and modern open plan kitchen/diner opening out through double doors onto the beautifully kept garden, and a ground floor bathroom with separate W.C.The kitchen area comprises a modern range of matching wall and base units with work surfaces incorporating inset sink unit, five burner gas hob with overhead extractor and oven below, and further space for appliances. To the first floor, there are four well proportioned bedrooms, plus a family bathroom with modern white suite.The property boasts off street parking, a private rear garden, flexible living accommodation, ample built in storage, gas central heating and double glazing.There are plenty of transport links near by with Norbury Station being only a 15 minute walk away, as well as multiple bus routes leaving from London Road which is less than a 5 minute walk from Strathyre Avenue. London Road is also host to an array of amenities such as supermarkets, shops, restaurants and pubs.
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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