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£750,000
Bedrooms
Bathrooms
A very charming and substantial Four-bedroom Semi-detached family home which has been extended to the rear and on the first floor to provide extensive living space throughout the home. You also have glorious, uninterrupted views over Littleton Sailing Club lake which is located at the bottom of your garden.
The property is presented in immaculate condition throughout, with the heart of the house benefiting from an open plan kitchen/lounge which has plenty of room to dine as a family or entertain. The kitchen is modern with wood veneer work tops and a central island with sink and dishwasher. There is amtico flooring throughout this area and underfloor heating for the colder months.
The lounge has plenty of room to sit or to dine and has Two Velux windows above, and Duel bi-fold doors which both can be completely open at the same time to give complete access to the rear garden and its views over the lake.
There is also a little snug used as an office currently, W.C/Cloakroom, a utility room with sink, white goods and a side door providing separate access to the home. You then have a large main reception room with large windows allowing plenty of natural light into the room with a log burning stove as the rooms centrepiece and a separate large entrance hall for coats and shoes.
On the first floor you have four good sized bedrooms, with a considerable sized master bedroom providing plenty of space, the second bedroom is a double with built in wardrobes and views over the lake. A modern bathroom with walk in shower, sink and toilet and a fourth bedroom that overlooks the lake and a third bedroom which is a good double in size.
The rear garden is very well kept, with an immediate patio area around the house and another further down the garden, there are also electric points within the garden and the garden is mainly lawn leading to the lake, you also have access to the lake. At the front of the house, you have parking for several vehicles and some garage space.
Viewings are strictly booked via the agent.
Freehold
Additional Fees: 25.00 P/A. (Fee paid to LA Trust)
Council Tax Band: F
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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