3 bedroom semi-detached for sale

£280,000 Offers in excess of

3

Bedrooms

Council tax band: TBC

This well appointed family home exerts natural light, ample living space and a high specification of interior decoration suited for the modern family. Situated close to local commuter routes, schools, amenities and parks yet benefitting from a quiet set back road, this property is ideal for first time buyers, those looking to upsize and investors. This property benefits from a rear extension facilitating a modern open plan kitchen and sitting area, downstairs wc and multi-purpose outbuilding.

ENTRANCE HALLWAY

With laminate flooring, double glazed window and door, central heating radiator and storage cupboard.

RECEPTION ROOM ONE

11 5 x 11 5 (3.5m x 3.5m) With double glazed windows, central heating radiator, tv point and laminate flooring.

KITCHEN

19 8 x 17 4 (6m x 5.3m) With laminate flooring, island with marble counter tops, double glazed window to side elevation, stainless steel sink and drainer, integrated dishwasher, washing machine, electric oven and hob, storage cupboard, housing central heating boiler, double glazed french doors to rear elevation, splashback tiling, spotlights, velux windows, sliding doors to rear and central heating radiator.

DOWNSTAIRS W/C

With W/C, central heating radiator, double glazed window to side elevation, sink and splashback tiling, laminate flooring and spotlights.

STAIRS AND LANDING

With double glazed window to side elevation and loft access.

BEDROOM ONE

12 5 x 8 2 (3.8m x 2.5m) With built in wardrobes, double glazed window to front elevation, central heating radiator, laminate flooring and spotlights.

BEDROOM TWO

11 5 x 8 10 (3.5m x 2.7m) With laminate flooring, double glazed window to rear elevation, central heating radiator and built in storage.

BEDROOM THREE

8 10 x 6 10 (2.7m x 2.1m) With laminate flooring, double glazed window to front elevation and central heating radiator.

BATHROOM

5 10 x 5 2 (1.8m x 1.6m) With tiled flooring, vanity sink, tiled walls, double glazed window to rear elevation, spotlights, L-shaped bath with shower, extractor fan, W/C and heated towel rail.

FRONT

With paved driveway, gravel boards to border and access to garden and rear.

REAR

With elevated paved patio area, steps to lawned garden, access to outbuilding and front elevation, fence to borders.

OUTBUILDING/BAR

19 4 x 9 2 (5.9m x 2.8m) With laminate flooring, seating area, electric heater, spotlights, two double glazed windows to front elevation and double glazed French doors to front elevation.

GENERAL INFORMATION

POSSESSION
With Vacant Possession upon Completion.

SERVICES
We understand that all Mains Services are available at the property.

TENURE
We are advised by the Vendor that the property is Freehold but this has not been verified and confirmation will be forth coming from the Vendors Solicitors during pre-contract enquires.

FIXTURES / FITTINGS
As per sales details



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

£ 233700

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
    £ 7000
  • 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

£ 23700
  • 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

Adjust these figures

  %
  %
£
  %

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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