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Chiltern House, 64 Eton Place, Burnham High Street, SL1 7JT
£350,000 Guide Price
Bedrooms
Bathrooms
Reception
Adjacent To Slough Train Station | Two Bedrooms | Two Bathrooms | Secure Parking | Large East Facing Balcony | No Chain | Lift In Building | Sixth Floor | Currently Rented for 1200 PCM Until September 2023 | 142 Year Lease Remaining | Leasehold | EPC B | Council Tax Band C | Viewings Available
This fantastic TWO BEDROOM flat is located on the doorstep to Slough train station giving commuters easy access to the new Elizabeth line! As well as just a few minutes walk to the large Tesco and Slough high street.
As you enter the flat you have two large storage cupboards and access to the family bathroom, further on you have access to the lounge and bedrooms. The property benefits from two double bedrooms, with the master enjoying an en-suite shower room. The open-plan lounge gives access to the modern fitted kitchen as well as access to the private balcony with a northeast view. The Kitchen has fitted appliances including oven, hob, dishwasher, washing machine and fridge freezer.
The property would make an ideal investment acquisition with the property currently rented for 1200 PCM and currently on an AST until September 2023.
For more information or to arrange a viewing please call our team today on 01753 900440
Entrance hall
Wood laminate flooring, radiator, electrical sockets, security entry phone, thermostat, 2x storage cupboard
Bathroom
Laminate flooring, low level WC, pedestal handwash basin with mixer tap & tile splash back, side enclosed bath tub with glass shower screen over shower and tile surround, heated towel rail, LED over spot lights, extractor fan.
Lounge
East facing double glazed UPVC framed door to large balcony, laminate flooring, radiator, electrical sockets, centre lights.
Kitchen
Range of base and wall mounted units with laminate worktops and matching up-stand, integrated oven, four ring electric hob, stainless steel splash back and extractor fan over, fitted fridge/freezer, fitted dishwasher, fitted washer dryer, electrical sockets, over LED spot lights.
Bedroom one
East facing double glazed window, carpeted flooring, radiator, electrical sockets, door to en-suite
En-suite
Laminate flooring, low level WC, pedestal hand wash basin with mixer tap, wall in shower enclosure, with over shower & tile surround, heated towel rail, LED over spot lights.
Bedroom Two
East facing window, carpeted flooring, radiator, electrical sockets.
Lease & property information
Remaining Lease - Approx 142 years remaining | 155 years from 2011
Ground rent - 350 PA | 29.17 PM
Service charges - 2633.68 PA | 219.47 PM
EPC - B
Council tax band - C
https://www.kentwoodgroup.co.uk/blog/2-a-positive-outlook-for-cladding-burdened-buildings
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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