3 bedroom semi-detached for sale

£290,000

3

Bedrooms

Council tax band: TBC

A delightful semi detached residence, lovingly kept by the current owner. Located in the ever popular Temple Meadows Road, this family home is close to commuter routes and schools along with being a short drive to New Square shopping centre. Ideal for first time buyers, this property deserves internal viewing to be appreciated.
Briefly Comprising; Porch, Hallway, Living Area, Dining Area, Kitchen, Verandah, Three Bedrooms, Bathroom, Cetnral Heating, Majority Double Glazing, Freehold.

PORCH

With double glazed sliding door to front elevation and tiled flooring.

HALLWAY

With laminate flooring, central heating radiator, single glazed wooden door to front elevation and single glazed door to front elevation.

LIVING AREA

11 10 x 12 7 (3.61m x 3.86m) With TV point, double glazed bay window to front elevation, central heating radiator, electric fire with marble base and surround and coving.

DINING AREA

10 4 x 15 8 (3.15m x 4.8m) With central heating radiator, double glazed sliding door to rear elevation and coving.

KITCHEN

10 4 x 7 4 (3.17m x 2.24m) With splash back tiling, wall and base units to match, laminate flooring, gas hob, oven, double glazed windows to side elevation, thermostat, central heating radiator and double glazed door leading to:

VERANDAH

15 4 x 5 1 (4.69m x 1.56m) With vinyl flooring, single glazed door and windows to rear, storage housing central heating boiler and plumbing for washing machine.

STAIRS AND LANDING

With double glazed window to side elevation, loft access and storage.

BATHROOM

8 0 x 5 11 (2.44m x 1.82m) With chrome heated towel rail, double glazed window to rear and side elevation, hand wash basin and low level WC set within vanity unit, tiled flooring, bath, shower, splashback tiling and spotlights.

BEDROOM ONE

11 3 x 14 7 (3.44m x 4.46m) With central heating radiator and double glazed bay window to front elevation.

BEDROOM TWO

11 6 x 9 8 (3.53m x 2.96m) With laminate flooring, central heating radiator and double glazed window to rear elevation.

BEDROOM THREE

10 2 x 6 7 (3.11m x 2.03m) With central heating radiator and double glazed window to front elevation.

FRONT

With lawned garden, brick wall to front elevation, shared driveway leading to garage and access to rear.

REAR

With paved patio area, wooden fence and gravel boards to borders and access to garage and 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

£ 241950

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
    £ 7250
  • 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

£ 24450
  • 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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