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Chiltern House, 64 Eton Place, Burnham High Street, SL1 7JT
£362,500 Guide Price
Bedrooms
Bathrooms
Reception
Datchet Village is located a short walk away offering an array of restaurants, public houses, and a handy post office. Windsor can be accessed on foot in around 20 minutes via Windsor Road with wonderful views of the Thames on route.
Transport links are close by also, with Datchet train station less than a 5-minute walk away providing access to Windsor, as well as London Waterloo. Junction 5 of the M4 is a short drive away and London Heathrow Airport is a 12-minute drive away or 6 miles.
The property further benfits from No ground rent or service charges and a long lease of over 100 years. This would make a suitable first time purchase as well as serving as an excellent buy to let option with high rent obtainable based on the current purchase price and rental income this would provide a gross rental yeild of 5.5%.
The area is especially popular with families due to the optimal location for outstanding schooling across both state and independent settings.
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.
Chiltern House, 64 Eton Place, Burnham High Street, SL1 7JT
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