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7 Parklands Parade, TW5 9AX
£770,000
Bedrooms
Bathrooms
Reception
Positioned in a sought-after residential road, offering a blend of quiet, leafy charm with modern conveniences this very well presented extended semi-detached property is an ideal proposition for large families and young professionals.
Upon entering, you are greeted by a bright and airy living room (with potential for a fourth bedroom), further large reception/dining room, well appointed modern kitchen with a range of appliances, utility room with internal access to the garage and a downstairs cloakroom. The first floorcomprises two spacious double bedrooms with fitted wardrobes, further good sized single room and a stunning larger than average sized family bathroom.
Externally, the rear offers a large private garden with a hard-standing area ideal for entertaining. Whilst the front offers driveway parking and access to the garage.
The property has undergone a number of enhanced improvements with underfloor heating to the ground floor and soundproofing to the bedrooms to provide ample privacy and convenience. Furthermore, buyers will have ample opportunity to further extend the property with a loft extension and garage conversion being popular additions (stpp).
Northwood is known for its excellent schools, both state-funded and private, further enhancing its appeal to families. Furthermore, a range of recreational facilities, which include golf courses and fitness centres offer further convenience for residents.
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.
7 Parklands Parade, TW5 9AX
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