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1 Woolsey House, Pump Square, Boston
£239,950
Bedrooms
The property is well situated with easy access to the likes of Spalding, Peterborough and Lincoln, as well as being within walking distance of essential amenities such as shops, schools and two restaurants. With regular bus routes close by and a fishing lake just a short drive away there really is a lot to do in the local vicinity.
The property has been renovated and improved over the years to include a light and spacious open plan kitchen diner with sliding doors leading to a covered seating area for all occasions. The vendors have added rustic features by way of the two log burners with oak mantles which really make the property welcoming and homely. An added bonus is the ample parking to the front for multiple vehicles.
The accommodation is approached via graveled driveway and comprises Double Doors opening to the main entrance porch which leads to the hallway.
Hallway: With staircase leading to first floor and understairs storage space. Telephone point and high quality laminate to floor.
Lounge: (3.9m x 3.5m). With bay window overlooking the front, feature fireplace housing log burner with oak mantle over and tiled hearth. TV point, carpet to floor.
Kitchen/diner: (3.8m x 5.5m x 1.4m x 2.4m). Comprising feature fireplace housing log burner with oak mantle over and tiled hearth. French sliding doors leading out to the patio area. Kitchen with a range of wall and base units with tiled splash back. Composite sink with mixer tap over and half bowl sink and drainer with waste disposal. Wine rack, induction hob with extractor over, integrated electric double oven with grill and built-in dishwasher. Space for fridge freezer, high quality laminate to floor.
Utility: (3.0m x 2.4m). Located off the kitchen with units to base level with stainless steel sink with mixer tap over and tiled splashback. Space and plumbing for washing machine and tumble dryer, door leading to rear garden, vinyl to floor.
Downstairs WC: Located off utility comprising WC, vanity wash hand basin and heated towel rail.
Stairs and landing with carpet to floor.
Family Bathroom: With modern white walk-in double shower cubicle, vanity wash hand basin with mixer tap over and WC. Mirrored cabinet, heated towel rail, spotlights to ceiling. Laminate to floor.
Bedroom 1: (2.0m x 3.3m). Having window to front elevation, built-in wardrobe, carpet to floor.
Bedroom 2: (3.8m x 3.3m). Having window to rear elevation, carpet to floor.
Bedroom 3: (2.7m x 2.1m). Having window to front elevation, integrated wardrobes, carpet to floor.
Staircase leading to 2nd floor bedroom.
Bedroom 4: (3.4m x 3.1m). With Velux window, TV point, cupboard built into loft space, carpet to floor.
Gas central heating and double glazing throughout.
External:
The property is approached via a gravel driveway providing sufficient off road parking for several vehicles. Double gates to side for access to the rear garden.
The low maintenance rear garden comprises artificial lawn with shrubs to border and water feature. Pergola accessed via the dining area with Perspex roof and tiled floor. Additional space to the end of the garden comprising a greenhouse, shed/storeroom, fire pit area and further storage shed with shelving and storage.
Summerhouse: (4.9m x 4.0m). Situated at the bottom of the garden with French doors, power and lighting, internet connection, patio off with decking and pergola.
Garage/Office with water and electric.
EPC rating: C. 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.
1 Woolsey House, Pump Square, Boston
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