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For Sale - Marlow Road, Southall, UB2 OIRO £309,950

3 Bedroom Maisonette  For Sale OIRO £309,950

Marlow Road, Southall, UB2

Share of Freehold

Close to Transport links for Heathrow

Close to Local Amenities, Bus Stops, Schools

Excellent Opportunity for Families and investors!

Walking distance to Southall Mainline Station (CROSSRAIL 2021/22)

Close to bus services 120, E5, 482, H32, 105 (Heathrow Airport)

Short drive to Costco, Tesco and other high street retailers

Easy access to : M4, A4, M25, A40, M40, A312 (The Parkway/Hayes-Pass)

No Chain

The property consists of first floor living room, two bedrooms, fully fitted kitchen, dining room and stairs to second floor.

Second floor consists of third bedroom with en-suite.

Property is currently rented and achieving £1450.00 per month, so could be sold as a running concern, or made vacant.

An extremely good investment with an interest only mortgage of 2.24%, will mean the monthly interest only payments will be £450.00. Plus £30.00 for insurance per month. The rental income per month is £1450.00. Net profit of £970 per month.

Property comprises of

Lounge/Kitchen/Diner: 11' 3" (3.44m) x 11' 3" (3.44m)

Bedroom one: 10' 8" (3.29m) x 11' 8" (3.6m)

Bedroom two: 8' 9" (2.7m) x 9' 1" (2.77m)

Stairs to loft

Loft Bedroom: 13' 11" (3.99m) x 10' 3" (3.14m) white En-suite Shower

For a competitive mortgage quotation, without obligation, contact our in house mortgage advisers. We have access to over 5000 lenders for first time buyers, buy to let and re-mortgages.

Disclaimer: These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract. Intending Purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. Please note that we have not tested any apparatus, equipment, fixtures, fittings or services including gas central heating and so cannot verify they are in working order or fit for their purpose. Furthermore, Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations. Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate. Therefore if intending Purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves. Photographs are reproduced general information and it must not be inferred that any item is included for sale with the property.

EPC for Marlow Road, Southall, UB2

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Total SDLT due

Below is a breakdown of how the total amount of SDLT was calculated.

Up to £
500
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£ 0

Above £
500
k and up to £925k (Percentage rate 5%)

Above £925k and up to £1.5m (Percentage rate 10%)

Above £1.5m (Percentage rate 12%)

Up to £500k (Percentage rate 0%)

£ 0

*This is for illustrative purposes only

Below is a breakdown of how the total amount of SDLT was calculated.

Up to £125k (Percentage rate 0%)

£ 0

Above £125k and up to £250k (Percentage rate 2%)

Above £250k and up to £925k (Percentage rate 5%)

Above £925k and up to £1.5m (Percentage rate 10%)

Above £1.5m (Percentage rate 12%)

Up to £300k(Percentage rate 0%)

£ 0

Above £300k and up to £500k (Percentage rate 0%)

Up to £300k (Percentage rate 0%)

£ 0

Above £300k and up to £500k (Percentage rate 5%)

*This is for illustrative purposes only

IMPORTANT NOTICE FROM MFS ESTATE AGENTS

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

Fees

Tenant Permitted Payments

Refundable Holding depositCapped at 1 weeks rent
Security DepositCapped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000
RentThe agreed monthly rent
Changes to tenancyCapped at £50.00 Inc VAT
Early termination chargeNot exceeding the landlord’s financial losses
Late payment of rentInterest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue
Replacement keysReasonable costs or give the tenant the option to purchase themselves
Utilities, council tax, communication services, TV Licence etcTenants own responsibility unless otherwise stated in contract
Client Money Protection Scheme Membership detailsMembership No. CMP005841
Property Redress Scheme Membership details. The Property Ombudsman         Membership No. D8706