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1 Woolsey House, Pump Square, Boston
£254,950
Bedrooms
As soon as you step into the beautiful hallway there is a feeling of space and tradition which is rare to see from a property of this era.
The property has been completely restored and renovated by the current owner. The versatile accommodation over 3 floors would be well suited to a family.
The top floor having the potential to provide additional income as its boosts its own traditional large bathroom, separate double bedroom and gas central heating system.
Front door leading to:
Entrance hallway with traditional black and white tile flooring, original plaster coving and deep skirting.
Front Sitting Room:
15 x 1410' (4.57m x 4.52m) (Max to bay window), Beautiful traditional wood fireplace surround, open fire with cast iron insert and tiled hearth. Traditional cast iron radiator, plaster coving, deep skirting and front bay window.
2nd Sitting room:
131' x 1210' (3.99m x 3.91m), With traditional plaster coving, wall mounted modern electric fire,
T.V aerial and large picture window overlooking rear garden.
Hallway with under stairs storage
Downstairs W.C with modern vanity wash hand basin, hung W.C. and storage cupboards.
Step down to Breakfast/Dining Room: 114' x 113' (3.45m x 3.43m), with Karndean style flooring and deep skirting.
Separate Kitchen:
112' x 910' (3.40m x 3.00m), Fully fitted modern high gloss kitchen with curved corner units incorporating AEG gas 5 burner hob and modern stainless steel extractor, Zanussi built in split level double oven, Granite sink with drainer and block mixer tap, space and plumbing for washer, dryer and fridge/freezer, wall mounted gas central heating boiler and hard waring kitchen flooring. Door to Conservatory.
Conservatory:
134 x 47 (4.06m x 1.40m), Tiling to floor, exposed brick and access to garden.
Stairs leading to first floor landing
Bedroom 4:
113' x 102' (3.43m x 3.10m), Large double with wood effect laminate flooring and T.V aerial.
Main family bathroom:
Large modern 4 piece bathroom suite comprising.
Larger than average corner shower with mains shower and hand held shower attachment, luxury corner bath with mixer block and hand held shower attachment, built in vanity unit with mixer tap, wall mounted cupboards and mirror,
large heated towel rail with shelf, spot lighting and hard waring bathroom flooring.
Landing leading to
Bedroom 1:
195 x 130 (5.92m x 3.96m), Large double to front of the property, T.V. aerial and dimmer switch.
Bedroom 2:
131' x 1210' (3.99m x 3.91m), Double overlooking rear garden and dimmer switch.
Stairs leading to 3rd floor
Feature leaded window leading to large traditional bathroom comprising:-
Victorian style roll top bath on claw feet with telephone mixer tap.
Step up to large corner shower with double doors, mains shower, solid wood and tile flooring, traditional cast iron radiator and towel rail, wash hand basin, W.C. recess shelving and spotlights. Built-in cupboard housing independent gas central heating boiler.
Bedroom 3:
194 x 1211 (5.89m 3.94m), Good size double bedroom with spot lighting, dimmer switch and T.V aerial.
Cat 5 electric is installed throughout the property.
Completely double glazed throughout.
The property also boasts a large wooden framed workshop (22 ft x 10 ft) to the rear with felted roof, windows, electric sockets and lighting. Has the potential to be used as a business premises.
The property offers a lawned garden that is completely enclosed and private with beautiful views towards the Stump. A wood pathway leads down the garden to the workshop with decking and lighting. Further down the garden is room for a seating area surrounded by mature trees and shrubs. There are also seating areas outside the conservatory and to the back of house.
A small front garden with a pathway leads to the front door with hedging providing privacy with a small gravelled area.
During the summer the front of the house is covered by a beautiful climbing Wisteria.
EPC rating: E. Tenure: Freehold,Map location is not available for this property.
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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