3 bedroom semi-detached for sale

£315,000

3

Bedrooms

1

Bathrooms

Floorplan

A SEMI-DETACHED PROPERTY IN A QUIET CUL DE SAC WITHIN THE VILLAGE, WITH THREE AREAS OF GARDEN ON A CORNER PLOT, IDEAL FOR A KEEN GARDENER.
The property requires updating with plenty of scope for improvement . It offers three bedrooms and a bathroom, living room, separate dining room, kitchen, side lobby with access to a store room and garage, with two bedrooms to the first floor. There is a drive to the fore of the garage and the garden surrounds the property, with a very private lawned garden and two large areas of garden used for growing fruit and vegetables.
Benefitting from gas central heating and double glazing and offered for sale with no onward chain. The sale of this home affords the opportunity to purchase a home giving an unusually large amount of outdoor space for the style of property.

Entrance - uPVC front door with opaque glass windows to:

Living Room - Front aspect bow double glazed window with double radiator under, stone fireplace with shelving and electric fire and mantle piece, door to Inner Hall. Door to:

Breakfast Kitchen - Rear aspect double glazed, double radiator, built in broom cupboard with cupboard over. Fitted units including single drainer sink unit with mixer tap, space and plumbing for washing machine, space for fridge and electric cooker, double glazed door to side lobby.

Side Lobby - Doors to large walk in store room. Door to GARAGE with up and over door, two side aspect windows, wall mounted gas central heating boiler, hatch to loft space. Half opaque double glazed door to garden from the lobby.

Inner Hall - With built in double cupboard and doors to:

Bedroom One - Front aspect double glazed window, radiator, built in double wardrobe with cupboard over.

Bathroom - Rear aspect opaque double glazed window, bath with tiled surround and electric shower over, WC, wash basin with radiator.

Dining Room - Rear aspect double glazed window, radiator, built in double cupboard with cupboard over. Open tread stairs to first floor.

First Floor Landing - With rear aspect double glazed window. Doors to:

Bedroom Two - Rear aspect double glazed window, radiator, low door to eaves space.

Bedroom Three - Rear aspect double glazed window, radiator.

Outside - Adjoining the side door is a circular paved patio with gates to front and rear opening onto a large lawn with trees, surrounded by high hedging giving privacy.

The rear gardens are in two sections and have been used for growing fruit and vegetables. Bounded by fencing and with a garden shed to side, plus two green houses.

To the front of the property is a lawn with path to the front door and parking for two cars to the fore of the garage.

Directions - From Malvern, proceed north along the A449 towards Worcester for approximately half a mile. At the first set of traffic lights at Link Top, turn left (signed Leigh Sinton). After approximately a mile this becomes Leigh Sinton Road. Follow this route into open countryside continuing for approximately a mile to the village of Leigh Sinton. At the junction of the A4103 Hereford to Worcester Road, turn left towards Hereford. Take the first left after the village shop into Lynn Close. No 6 is on the right hand side. For more information or to book a viewing, please call our Malvern office on



Features
  • Freehold

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

£ 262575

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 7875
  • 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

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£

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

£ 26325
  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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