3 bedroom detached for sale

£430,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

DESCRIPTION:
Offered for sale with no onward chain, this delightful detached Edwardian home is situated on a well-established residential road, offering both convenience and charm. Ideally located close to local amenities, the town centre and within a short walking distance of the railway station, it provides easy access to transport links. The accommodation has been fully refurbished to a high standard whilst retaining many original features and comprises hallway, living room, dining room, conservatory, kitchen, three bedrooms and a bathroom. A particular feature is the good sized rear garden which benefits from a greenhouse, shed and mature trees to the rear.

LOCATION:
The location of the property benefits from a host of local amenities whilst being a short distance from both open countryside and Andovers town centre with its theatre, leisure centre and High Streetjust half a mile away. Nearby Charlton village, although close to Andover still maintains a strong village feel. Local amenities include convenience stores, public houses, fast food outlets, GP and Dental practices, Hospital, petrol stationand Charlton Lakeside Leisure Park which itself offers scenic walking, a childrens play park, sports fields, crazy golf, pitch and putt and the weekly park run plus coarse fishing on the lake itself.Andovers mainline railway station is less than a quarter of a mile awayfrom whichLondons Waterloo Station is just over an hour away.

ACCOMMODATION:
Front door into:

HALLWAY:
Window to side. Stairs to first floor with understairs cupboard and doors to:

LIVING ROOM:
Bay window to front with plantation blinds. Original feature fireplace with marble hearth, decorative surround and iron mantle.

DINING ROOM:
Original open fireplace recess, cupboard with shelving, door to kitchen and French doors to:

CONSERVATORY:
Triple aspect with fully glazed, glass roof. French doors to garden.

KITCHEN:
Window and door to side. Range of eye and base level cupboards and drawers with work surfaces over and inset ceramic sink with drainer. Inset gas hob with extractor over and oven below. Integral fridge/freezer and dishwasher, space and plumbing for washing machine.

FIRST FLOOR LANDING:
Window to front. Airing cupboard with wall mounted combi boiler, loft access an doors to:

BEDROOM 1:
Windows to front.

BEDROOM 2:
Window to rear and original feature fireplace with marble hearth and cast iron surround.

BEDROOM 3:
Window to rear.

BATHROOM:
Window to side. Panelled bath, separate shower cubicle, vanity cupboard with quartz top and inset wash hand basin, WC with concealed cistern and heated towel rail.

OUTSIDE:
To the front there is a mature hedge with a gated path to the front door and gated side access to:

REAR GARDEN:
Good sized and mature rear garden with a patio area adjacent to the property. The remainder is laid to lawn with flower and shrub borders. To the rear there is a greenhouse, a shed and mature trees.

TENURE & SERVICES:
Freehold. Mains water, drainage, gas and electricity are connected. Gas central heating to radiators.

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

£ 357450

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
    £ 10750
  • 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

£ 34950
  • 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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  %
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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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