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£775,000 Guide Price
Bedrooms
Bathrooms
No onward chain.
A wonderful five-bedroom semi-detached property which has been extended on the ground, first and second floors to create extensive living space throughout this beautiful family home. The property has two bathrooms, two reception rooms, garage, a large garden, and off-street parking. The property also backs on to the Basingstoke canal.
The property has been finished to a high standard throughout with the kitchen/dining room and lounge being of open plan with a modern fully fitted kitchen with quartz work tops and wood effect tile herringbone flooring throughout the ground floor. You have bi-fold doors leading to the patio area, with two skylights allowing plenty of natural light into the kitchen/dining area. You also have a W.C and integral garage.
On the first floor you have four double bedrooms with the master bedroom having an en-suite with shower and the bedroom over looks the rear-garden. A study area at the top of the stairs and a fully tiled family bathroom.
On the second floor you have a fifth bedroom/games room with two skylights and eves storage running down both sides of the room.
Outside you have a wonderful entertaining space with a raised, laid patio area and roof covering a BBQ dining area. You have a large garden area and shed at the rear with the Basingstoke canal running along the rear of the garden. To the front you have off street parking for several vehicles.
Freehold
Council Tax Band: D
EPC: C
All information supplied by the sellers to the best of their knowledge.
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.
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