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£385,000
Bedrooms
Bathrooms
We are pleased to present for sale this spacious Three Bedroom Ground Floor Purpose Built Apartment situated in this popular development on the Southern slopes of Harrow on the Hill. The property boasts a 191 x 1310 lounge with private balcony, a modern, fitted kitchen, three good sized bedrooms, bathroom, double glazed windows, gas central heating and garage. The property is offered for sale with the benefit of No Upper Chain.
The area is particularly well served for outstanding schooling; the highly regarded ORLEY FARM Preparatory school is within easy walking distance & John Lyon, St Dominics Sixth Form College and the renowned Harrow School are all close at hand.
Sudbury Hill Piccadilly & National Rail Stations & South Harrows Piccadilly Line Station is within easy walking distance.
Harrow on The Hill is one of Londons hidden gems, an exclusive residential area with many green spaces and all the attractions of village life with its historic High Street, array of period buildings, coffee shops, bars and restaurants.
Contact the owners sole agents for further information or to arrange an appointment to view.
Communal Front Door -
Communal Hallway -
Own Front Door -
Lounge -
Kitchen -
Bedroom One -
Bedroom Two -
Bedroom Three -
Bathroom -
Seperatge W.C -
Outside -
Communal Gardens -
Garage In A Block -
Resident Parking -
Further Information -
Share Of Freehold- 940 Years Remaining -
Service Charge- Approx 3300 Per Annum -
Council Tax- Band E -
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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