Freehold 4 bedroom semi-detached

£750,000 Guide Price

4

Bedrooms

1

Bathrooms

2

Reception

Floorplan

Harrisons are excited to present a truly rare and golden opportunity to acquire this deceptively spacious 4-bedroom semi-detached house, located on a highly sought-after road just moments from the award-winning Roundwood Park. Offered chain-free and available for the first time in over 50 years, this home is bursting with potential and is in need of updating, making it the perfect blank canvas for those looking to create their dream property.

On the ground floor, which spans over 84 square meters (913 square feet), youll find a generous double reception room, providing ample space for both relaxing and entertaining. Theres also a separate office room, perfect for those working from home, and a spacious eat-in kitchen, ideal for family gatherings. From the kitchen, there is access to the well-maintained garden, which also offers access to a garage/workshop perfect for those with hobbies, storage needs, or looking to create additional workspace. A convenient WC completes the ground-floor layout.

Upstairs, the first floor offers over 59 square meters (640 square feet) of living space, with three well-proportioned double bedrooms, a single bedroom, a family bathroom, and a separate WC.

This home offers endless possibilities to modernize, remodel, and potentially extend to the rear, side, and loft (subject to planning permission). With a larger-than-average garden and the added benefit of a generous storage shed, this property truly offers exceptional value.

Properties like this, in such a prime location, rarely come to market dont miss the chance to make this your forever home. Early viewing is highly recommended to fully appreciate the incredible potential on offer.

Nearest Stations:

0.65 miles
Dollis Hill
0.77 miles
Willesden Junction
0.78 miles
Willesden Green
0.9 miles
Kensal Rise
0.97 miles
Kensal Green

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 621450

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 18750
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 58950
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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