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£115,950
Bedrooms
Bathrooms
Reduced sale price of 115,950.00
Aston Estates are very pleased to present for sale this 3 Bedroom mid-terraced property in a very popular and fantastic location in the very heart of Grimsby.
The property on approach is appealing to the eye with a driveway for a single car.
As you enter the property the flooring is dark oak wood laminate flooring. You are greeted by the entrance hall and stairs to the first floor. The living room is the first room on the left with a large window allowing natural light to flood, with an electric heater fitted on the chimney breast, giving the room a very spacious feel.
The next room along the hallway is the Dining room/Kitchen which is plentiful in size and has a array of kitchen units wall and base all finished in cream along with the worktops complimented with splash back tiles, with a extractor fan, four burner electric hob and oven Again, the flooring is dark oak wood laminate with the window giving views to the rear garden.
Access to the rear garden is through the patio doors in the kitchen so it is ideal for entertaining or relaxing in the private and secure rear garden.
The rear garden is low maintenance, secure and private with some paved areas. Perfect for children to play.
As you walk back through the kitchen and we get back into the property and make our way on to the first floor, you have the three bedrooms and the upstairs family bathroom fitted with a W/C, Wash basin and bath. The bathroom is finished in part wall tiling.
The property would be ideal for a family home or an investor as there is already a good tenant in the property who is paying 550.00 per month.
Early viewings are recommended.
First to see will buy. Viewings strictly via agent.
(Please note, we strongly advise you take legal advice in confirming if the property is leasehold or freehold)
Property summary
: 3 Bedrooms
: GCH
: Part UPVC
: Mid-terraced
: Central location
: 1 bathroom
Bedroom 1 10ft 11 X 11ft
Bedroom 2 9ft 11 X 11ft
Bedroom 3 7ft X 6ft
Bathroom 5ft 11 X 6ft 2
Landing 9ft 4 X 3ft 5
Hallway 11ft 6 X 5ft 6
Living room 11ft X 10ft 4
Dining room/Kitchen 12ft 5 X 14ft 9
Map location is not available for this property.
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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