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£282,950
Bedrooms
Council tax band: TBC
This semi detached corner plot property offers the perfect location for a family looking for their forever home. With excellent access to commuter routes, schools and doctors, you are never far away from anything you may need. This three bedroomed property briefly comprises; hallway, lounge, kitchen/diner, three bedrooms, bathroom, central heating, double glazing, front and rear gardens, driveway, freehold.
HALLWAY
With double glazed composite door to side elevation, laminate flooring, thermostat and smoke alarm.
LOUNGE
17 1 x 10 8 (5.21m x 3.27m) With laminate flooring, TV point, two double glazed windows to front elevation, gas fire with marble base and hearth and wooden surround, dado rail and coving.
KITCHEN/DINER
17 1 x 8 9 (5.22m x 2.68m) With tiled flooring, wall and base units to match, stainless steel sink and drainer, double glazed sliding door to rear elevation, double glazed window to rear elevation, splashback tiling, gas hob, oven, extractor and storage.
STAIRS AND LANDING
With loft access, laminate flooring and smoke alarm.
BEDROOM ONE
10 10 x 9 7 (3.31m x 2.94m) With laminate flooring, double glazed window to front elevation, central heating radiator and built in wardrobes.
BEDROOM TWO
10 5 x 9 8 (3.19m x 2.97m) With central heating radiator, double glazed window to rear elevation, laminate flooring and storage.
BEDROOM THREE
8 1 x 7 1 (2.47m x 2.18m) With laminate flooring, double glazed window to front elevation and central heating radiator.
BATHROOM
5 9 x 7 0 (1.77m x 2.14m) With central heating radiator, double glazed window to rear, WC, vinyl flooring, bath and hand wash basin.
FRONT
Situated on a corner plot with a 'wrap around' lawned garden, steps to front, access to rear and parking space.
REAR
With paved patio, lawned garden, fence to borders, access to front and shed.
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
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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