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£629,950
Bedrooms
Bathrooms
Bazely and Co are delighted to bring to the market this beautifully presented three bedroom family home. Located in the popular Rosewood Drive and in the catchment area for reputable local primary and secondary schools. As you enter the property, there is a useful secure porch. Through to the hallway, there is a downstairs cloakroom, modern kitchen with integrated appliances and side access to the rear garden and garage. The lounge has a stunning media wall and log burner, which both give a luxurious feel. There is a second reception room which could be used as a Dining Room or a second lounge. The conservatory has recently had a fully insulated and tiled roof added, as well as spotlights in the ceiling and access to the garden. Upstairs there is a modern shower room and separate WC with hand basin. The master bedroom has fitted wardrobes, the second and third bedrooms are also good sized doubles. An additional benefit is the ample storage provided by the fully boarded loft with pull down ladder, as well as a garage. The driveway is spacious and can accommodate up to three vehicles. The garden has been meticulously designed and offers a bar and a beautiful pergola, providing a covered entertaining area for all seasons. This really is a special home and internal viewings are advised. Freehold. EPC Rating D. Council Tax Band D.
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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