Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£550,000
Bedrooms
Bathrooms
This immaculately presented, deceptively spacious, three bedroom tunnel linked family house has been extended and reconfigured and offers a spacious and versatile layout, perfect for families and professionals
Upon entering, you are welcomed into a bright hallway leading to a large, open-plan reception area, which provides flexibility as a spacious lounge, dining space, or family entertainment area.
A second reception room adds further functionality, ideal for a study, additional living space, or a playroom.
The modern kitchen breakfast room is well-sized, providing ample storage and workspace.
The ground floor also benefits from a modern shower room, adding extra convenience for busy households.
Upstairs, there are three generously sized bedrooms and a family bathroom.
Situated on the desirable South side of Borehamwood the property is within easy reach of main arterial road including the A1, M1 and M25, Borehamwood town centre and station, several Ofsted rated 'Good' and 'Outstanding' Schools including Monksmead, Kenilworth and Yavneh and bus routes including the 292 and 107
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
