Four bedroom semi-detached house for sale

£700,000 Offers in excess of

4

Bedrooms

2

Bathrooms

1

Reception

Floorplan

* Corner Plot

* Large kitchen

* Ground Floor Bedroom With Ensuite

* Close to outstanding schools

* Great transport links

Phillip Shaw Ltd are pleased to offer for sale this delightful corner house set on the convenient Morley Crescent East in Stanmore.

This extended four bed semi-detached house boasts an attractive exterior with a driveway that can accommodate multiple vehicles.

As you step through the front door into the porch, you enter a welcoming hallway and a staircase leading to the upper floor. To the right of the hallway, you find a spacious and light-filled through lounge. The highlight of the ground floor is the generously sized L-shaped kitchen and dining area located at the rear of the house. The kitchen is fitted with modern appliances, high gloss units, ample counter top space and a central island with breakfast bar. Large glass doors lead to the rear garden allowing access to outdoor dining and the out-house offering ample storage. There is a ground-floor bedroom with dressing area and ensuite shower/ WC room designed for comfort and convenience.

The first floor comprises three additional bedrooms and a fully fitted family bathroom.

This property has a single storey front/ side and rear extension.

Conveniently located within the desirable HA7 Stanmore postcode, close to outstanding schools, amenities and transport links, this property would be ideal for the growing family.

Nearest Stations:

0.81 miles
Queensbury
0.98 miles
Canons Park
1.06 miles
Kenton
1.28 miles
Harrow and Wealdstone
1.28 miles
Northwick Park

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

£ 580200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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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
    £ 17500
  • 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

£ 55200
  • 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

Adjust these figures

  %

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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