3 bedroom house for sale

£249,995 Offers in excess of

3

Bedrooms

Floorplan

3 Bed Semi Detached Family Home For SaleThe property is located in the popular cul de sac area of Derby Drive Dogsthorpe. This family home comprises of 3 bedrooms (2 doubles and 1 single), 3 bathrooms (1 family, 1 downstairs wc and 1 en-suite), lounge, kitchen/diner, conservatory, enclosed rear family garden and garage with driveway.Council Tax Band:- B EPC Rating:-Front Garden As you approach the property, there is a shared access road belonging to this property and 4 others. The front of the property has a small front garden laid to gravel. There is a small pathway leading up to the front door. To the side of the property, there is a gate, allowing access to the rear garden. There is also a driveway allowing for 2/3 vehicles and a single garage. Entrance Hallway The hallway is situated at the front of the property. It has space for coat and shoe storage. There is a small radiator to the right as you walk in. The fuse box is located to the right hand wall. The lounge and downstairs WC are located straight off the hallway. The flooring is laid to laminate. Downstairs WC The WC is situated at the front of the property. It comprises a toilet and hand basin. There is a small radiator to the right hand wall. The flooring is laid to laminate. Lounge The lounge is situated to the front of the property. It is a good sized room, with big window allowing for plenty of light. There is a radiator underneath the window. There is a gas fire, with marble effect surround mantle piece, located on one wall. The stairs, leading to the upper floor are laocated to left, as you enter the room. The flooring is laid to laminate. Kitchen/Diner The kitchen/diner is located to the rear of the property. As you walk into the room, there are kitchen units to the right and space for a dining table to the left. The kitchen comprises of both base and eye level units. There is space for a fridge freezer and washing machine. There is an integrated oven, gas hob and overhead extractor fan. There is a window facing towards the rear garden/conservatory. On the dining side, there is a large cupboard allowing for plenty of storage space. There is space for a dining table, to allow for family meal times. There are patio doors leading into the conservatory. The flooring is laid to laminate. Conservatory The conservatory is located to the rear of the property, off from the kitchen/diner. It is a good hexagonal size and allows for plenty of light. The conservatory overlooks the rear garden. There are doors that lead into the garden. The flooring is laid to tiles. Stairs & Landing The stairs are located in the lounge and lead to the upper floor landing. The bedrooms and family bathroom lead off from the landing. There is a cupboard situated next to the bathroom. This houses the condensing boiler and allows for extra storage. Access to the loft space is from the landing area. The flooring is laid to carpet. Master Bedroom The master bathroom is located to the front of the property. It is a good size room, with plenty of space for wardrobes and other clothes storage. There is a window overlooking the front of the property, with a radiator underneath. The master has an en-suite leading off from it. The flooring is laid to carpet. En-suite The en-suite is located at the front of the property, leading off from the master bedroom. It is a very good size room. It comprises of a WC, hand basin and shower cubicle. The flooring is laid to tiles. Bedroom 2 Bedroom 2 is located to the rear of the property. It is double room. There is a window, overlooking the rear garden, with a small radiator underneath. The flooring is laid to carpet. Bedroom 3 Bedroom 3 is also located to the rear of the property. It is a single size room. There is a window overlooking the garden, with a radiator underneath. The flooring is laid to carpet. Family Bathroom The family bathroom is located to the middle of the property, between the master bedroom and bedroom 3. It comprises of a WC, hand basin, bath and shower of bath. There is a radiator to the left wall and a window, with frosted glass, above the toilet. The flooring is laid to laminate. Rear GardenThe garden is located to the rear of the property and flows round to the side. It is enclosed with fence panels and has a locked gate, allowing access from the front of the property. The garden has some trees, plats and shrubs planted around the edging, which allows for extra privacy. There is a shed to one corner and access to the garage is available from the garden as well. It is laid mainly to lawn, with a small patio.

Map location is not available for this property.

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

£ 196446.125

Mortgage Loan to Value

%

Gross Yield

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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
    £ 6249.875
  • 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

£ 8949.875
  • 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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