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£1,250,000
Bedrooms
Bathrooms
Set within one of Buckhurst Hills most premier locations, opposite a small green and duck pond, lies this stunning four bedroom family home, located within a short walk of the Central Line station. Full of charm and character, the property is a great size and maintains many period style features - glorious 10ft ground floor ceilings and 8ft8 first floor; fireplaces; sash and bay windows; and tall skirting boards. The entrance hallway helps the ground floor flow nicely from the lounge and sitting room to the 16ft kitchen which is open to a spectacular dining room, the perfect area for the family to congregate. The kitchen has granite worktops and numerous integral appliances. A guest cloakroom completes the ground floor accommodation with steps leading down to the cellar. Spread over the upper floors are four bedrooms and two bathrooms, with a 12ft walk-in wardrobe to the master and 12ft family bathroom having a freestanding claw foot bath. There is off street parking to the front and the 53ft rear garden has two seating areas; lawn; and a brick built shed. Located within the highly sought after school catchment of St Johns Church of England Primary and also only a short walk to Queens Road - a delightful mix of boutique and independent shops as well as a Waitrose supermarket.
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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