2 bedroom terraced house for sale

£140,000 Offers over

2

Bedrooms

1

Bathrooms

GREAT LOCATION - CLOSE TO LOCAL AMENTIES - GREAT FOR FIRST TIME BUYERS OR INVESTORS NO CHAIN TWO BEDROOMS FULLY RENOVATED VIEWING ARE A MUST


Borron Shaw is delighted to offer this two-bedroom terraced house for sale. Situated on a popular street in Hindley Green close to the local amenities. It comprises of: - Entrance Vestibule, Lounge, Dining Room, Kitchen, Landing, Two Bedrooms and a Bathroom. It benefits from UPVC double glazing throughout and is warmed by gas central heating. Viewings are a must to appreciate what is on offer here.


Entrance Vestibule Front door

Lounge (133 x 139) - UPVC double glazed window and a radiator

Dining Room (133 x 139) Two radiators and understairs storage

Kitchen (137 x 72) Built in units and countertop, electric oven, gas hob and extractor hood. Single sink unit, inset spotlights, partially tilled wall, UPVC double glazed windows and door, plumbing for washing machine.

Landing - Loft access and inset spotlight

Bedroom One (133 x 135) Two built in wardrobes, radiator and UPVC double glazed windows

Bedroom Two (73 x 72) Combination boiler in unit, radiator and UPVC double glazed window

Bathroom Corner shower cubical, bath, W/C, handwash basin with unit. Partially tilled wall, chrome radiator and UPVC double glazed window

EXTERIOR

Front Garden Paved and gated access

Nearest Stations:

1.62 miles
Daisy Hill
1.84 miles
Hindley
2.16 miles
Hag Fold
2.4 miles
Westhoughton
2.71 miles
Atherton

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

£ 111200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 3500
  • 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

£ 6200
  • 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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