2 bedroom, 2 bath with parking - langley

£300,000 Offers over

2

Bedrooms

2

Bathrooms

1

Reception

Floorplan

Located in Denton way, Langley within a quiet development is this excellent 2 bed, 2 bath apartment benefiting from; Two double bedrooms, Two bathrooms, Parking, Balcony, Gas central heating, Visitor parking and with shops, schools and transport links close by.

As you enter the property from the communal hall you are greeted with a spacious entrance hallway with two large storage cupboards for coats & shoes. The lounge is bright and spacious with access to the modern kitchen which includes high gloss soft closing cupboards, ample work top space and integrated appliances. From here you have access to a private balcony which looks out over the playing fields. Both bedrooms are double and includefitted wardrobes. The master further benefits from access to an en-suite shower room. The family bathroom comprises of a 3 piece suite which includes a bath with over shower. Outside you have 1 allocated parking space as well as ample visitor parking. There is also a playing field opposite the property, great if you have small children.

This property would make an excellent first time purchase or investment for anyone looking for excellent space and being close to transport links. For more information or to arrange a private viewing please call 01753 900440

Entrance Hall
Carpet, electrical point, radiator, 2 large storage cupboards, thermostat.

Lounge/Dining Room
Front aspect double glazed UPVC window, double glazed UPVC framed French doors, carpet, radiator, electrical points, TV point, cupboard.

Kitchen
Range of base and wall units, laminate worktop, lino flooring, electrical points, integrated oven and 4 ring gas hob, stainless steel over extractor fan, integrated fridge/freezer, space for washing machine, tiled splash backs, LED over spot lights.

Bedroom one
Rear aspect double glazed UPVC window, carpet, radiator, electrical points, thermostat, TV point.

En-suite Bathroom
Lino floor, double glazed UPVC obscured window, low level WC, wall mounted basin with mixer taps, three quarter tiled walls, walk in shower with over shower, heated towel rail, LED spot lights, extractor fan.

Bathroom
Lino floor, side enclosed bath with over shower, glass shower screen, wall mounted hand wash basin with mixer taps, low level WC, heated towel rail, LED over spot lights, extractor fan.

Bedroom two
Front aspect double glazed UPVC window, carpet, radiator, electrical points, 2 door fitted wardrobe.

Parking
1 Allocated parking space. Visitors parking available on a first come first served basis.

Leasehold information

Lease commencement - 1st January 2015

Lease term - 125 years

Other Information:

Service Charge & Ground Rent - 219.00 Per Month Combined (Breakdown available on request)




Features
  • Leasehold

Nearest Stations:

0.71 miles
Slough
1.45 miles
Langley
1.84 miles
Datchet
2.13 miles
Windsor and Eton Riverside
2.36 miles
Windsor and Eton Central

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

£ 250200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 7500
  • 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

£ 25200
  • 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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