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121 Dunstable Road, Luton, Bedfordshire, LU1 1BW
£349,995
Bedrooms
Bathrooms
Reception
Ideal Properties takes immense pleasure in presenting this remarkable 3-4 Bedroom House for Sale, nestled within the highly coveted locale of Beechwood Road in Luton. This property offers an attractive investment prospect and an idyllic setting for family living.
This residence benefits from the convenience of gas central heating and double-glazed windows, ensuring a consistently cozy and energy-efficient home. A standout feature is the extension to the kitchen area, which seamlessly blends practicality and aesthetics. Sunlight filters through its welcoming expanse, further enhanced by the presence of a patio door that opens onto the rear garden. This outdoor space is conveniently managable with a seperate out building at the back of the rear garden. Moreover, the property comes with a detached garage, ensuring that parking is never an issue.
Situated in close proximity to the M1 motorway, it offers unrivaled connectivity for both local and long-distance comuting, making it an enticing prospect for individuals seeking rental income or long-term appreciation. Moreover, its adjacency to Leagrave train station further augments its accessibility, appealing to commuters and enhancing its value as a solid investment opportunity.
Whether you aspire to capitalize on the burgeoning rental market or create cherished family memories, this residence encapsulates the best of both worlds, promising a future of comfort, convenience, and enduring value.
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.
121 Dunstable Road, Luton, Bedfordshire, LU1 1BW
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