2 bedroom semi-detached for sale

£245,000 Guide Price

2

Bedrooms

1

Bathrooms

Floorplan

DESCRIPTION:


LOW COST HOME WITH DISCOUNTED MARKET SALE PRICE AT 80% VALUE - NO BUY TO LET PURCHASERS

Beautifully presented throughout, this two-double-bedroomed, semi-detached house is located within the heart of the popular Picket Twenty development, close to accessible open countryside on the edge of Harewood Forest. Originally constructed in 2018, the current owner has enhanced the property to a high degree with the accommodation comprising an entrance hallway, a modern, contemporary kitchen, a cloakroom, a spacious living/dining room, two double bedrooms and a bathroom. Outside to the rear is a fully landscaped, practical, low-maintenance garden, a perfect space for socialising withahot-tub also included. There is gated access to the rear of the garden leading directly to two allocated parking spaces.

LOCATION:
Andover offers a range of shopping, educational and recreational facilities, including a college of further education, a cinema, theatre and leisure centre. The mainline railway station runs a direct route to Londons Waterloo in just over an hour, whilst the nearby A303 offers good road access to both London and the West Country. Halter Way runs through the eastern phase of the Picket Twenty development bordering Harewood Forest with access to public footpaths literally a stones throw away.Picket Twenty itself has a range ofamenities, which include Pilgrims Cross Primary school, Busy Bees day nursery, a community hall, a Co-Op store and an urban park and extensive sports pitches. Picket Twenty is on a regular bus route both to and from Andovers town centre.

OUTSIDE:
The property fronts onto Halter Way and sits behind a mature hedge with a path traversing the front of the property, accessed from a path at the side of the property that leads from the allocated parking area. The front door sits under a canopy porch and leads into:

ENTRANCE HALLWAY:
Door to a built-in utility cupboard which includes space and plumbing for a washer dryer plus the consumer unit and media hub. Natural Oak laminate flooring flows from the hallway throughout the ground floor. Door to:

CLOAKROOM:
Window to the front. Close-coupled WC, pedestal hand wash basin and a radiator.

KITCHEN:
Front aspect kitchen with an open-plan archway from the hallway. The kitchen comprises a range of eye and base-level cupboards and drawers with worksurfaces over, including matching upstands. One and a half bowl, stainless steel sink and drainer, inset gas hob with a stainless steel splashback, extractor over and oven/grill below. Space and plumbing for a dishwasher and space for a fridge freezer. Cupboard housing wall-mounted gas combi boiler.

LIVING/DINING ROOM:
Good-sized, rear aspect living/dining room with a window to the rear and French doors opening out to the rear garden. Stairs to the first floor. Double doors to a built-in, understairs storage cupboard. Space for dining. Radiators.

FIRST FLOOR LANDING:
Door to a built-in, shelved linen cupboard. Access to the loft space via a pull-down loft ladder. Doors to:

BEDROOM ONE:
Tastefully furnished with windows to the rear. Bespoke, built-in double wardrobe with pull-out drawers, hanging rails and shoe storage. Recess space for additional bedroom storage options. Radiator.

BEDROOM TWO:
Front aspect double bedroom. Radiator. Currently used as an office.

BATHROOM:
Window to the front. Fully tiled bath enclosure with a panelled bath and rainfall shower system over. Close-coupled WC, pedestal hand wash basin and a heated towel rail.

REAR GARDEN:
Attractive, practical, low-maintenance rear garden, landscaped by the current owner and including a porcelain paved patio adjacent to the rear of the property. Steps down to a porcelain paved path to one side of the garden past an area of artificial lawn leading to an additional porcelain paved patio area housing a hot tub under a pergola. The rear garden also includes anexternal tap, external power sockets, an external wall-mounted heater and garden lighting. Gated rear access to the allocated parking spaces.

TENURE & SERVICES:
Freehold. Mains drainage, water, gas and electricity are connected. Gas central heating to radiators. Annual management fee of 250.

Features
  • Freehold

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

£ 192575

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
    £ 6125
  • 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

£ 8825
  • 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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