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112 High street, TW3 1NA
£213,000
Bedrooms
Bathrooms
Reception
NobleDom are proud to offer a spacious one-bedroom flat, located in the heart of Hounslow,available on a 60% shared ownership basis.
This generously sized property boasts of modern living space and is located on the second floor of a well-maintained Rhodes Court development. The flat comprises a bright and airy open plan lounge with dining space, a large double bedroom with built in storage space, and a large family bathroom. Additional benefits include a private balcony, multiple built-in storage spaces, double glazing throughout, central gas heating system, an allocated parking space with electric vehicle charging point, a secure entry system, and shared garden for residents.
Location:
Rhodes Court is located on Upton Road, just moments away from the vibrant Hounslow town centre, offering a great quantity of shops, restaurants, and amenities including The Treaty Centre and several local parks. Hounslow Central and Hounslow East Tube Stations (Piccadilly Line) are within walking distance, providing fast and direct links to Heathrow Airport and Central London. Excellent local bus routes connect you to surrounding areas such as Isleworth, Brentford, and Twickenham, making it an ideal spot for professionals and frequent travellers.
Available for 213,000 for a 60% share, based on a full market value of 355,000.
Monthly rent: 514.98
Remaining Lease 119 years
Service Charge 150.00 per month
Total Floor Area approx. 69m
Council Tax Band C (Local Authority Hounslow)
Energy Performance Certificate - B rating
This property represents an excellent opportunity for first-time buyers looking to step onto the ladder.
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.
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