Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£250,000
Bedrooms
Bathrooms
An immaculately presented end of terrace located within a short walk of Great Malvern facilities, plus the open fields at the bottom of Sling Lane are accessed close to the property, ideal for dog walking. The accommodation comprises:- reception hall with understairs cupboard, kitchen open to living room, conservatory, two bedrooms and a shower room. There is off road parking for two vehicles at the front a low maintenance rear garden with large garden shed. Views of the hills from the garden and the front of the property. Double glazed and gas central heating.
Entrance - uPVC opaque double door opens to reception hall. Adjoining the front door is a storage cupboard with power.
Hall - Stairs to first floor, under stairs cupboard, radiator, central heating thermostat. Door to:
Kitchen/Living Room - Front aspect double glazed window, laminate floor, rear aspect double glazed window, double glazed patio doors to conservatory. Fitted kitchen units to eye and base level with electric hob and built-in oven, extractor hood over, built-in dishwasher, washing machine and fridge freezer, one and a half bowl single drainer sink unit with mixer tap, space saving radiator.
Conservatory - Double glazed, laminate floor, and double glazed patio doors to garden.
Half Landing & Landing - Landing with hatch to roof space with drop down ladder, double doors to airing cupboard with Worcester gas central heating boiler, storage space and shelving. Doors to:
Bedroom One - Rear aspect double glazed window, radiator.
Bedroom Two - Rear aspect double glazed window, radiator.
Shower Room - Front aspect opaque double glazed window, fully tiled, walk-in shower enclosure with rain head and adjustable head shower, wash basin with mixer tap, fitted vanity unit including WC, heated towel rail, mirror sensor light and cupboard.
Outside - At the front of the property block paved parking for two vehicles. At path at the side of the house leads to gate to to rear garden. The rear has been mainly hard landscaped for low maintenance with a small area of lawn and a large garden shed. Patio adjoining the house with an outside tap, further patio taking advantage of the sun.
Directions - From the office on Church Street proceed down the hill past past the traffic lights then turn left into Albert Road North. From Albert Road North turn right into Sling Lane where number 23 can be found at the bottom of the road on the left hand side.
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
