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£315,000
Bedrooms
Bathrooms
A three bedroom semi-detached house situated in a cul-de-sac location; requiring updating and benefiting from a south-facing rear garden, garage and driveway.
ACCOMMODATION (sizes are approximate and for guidance only)
Outside gas and electric meters, uPVC double glazed entrance door and side panel to
ENTRANCE HALL personal door to garage, door to
LIVING ROOM 6.09m x 4.37m narrowing to 3.12m, double glazed sliding patio doors to rear garden, warm air vent, stairs to landing, under-stairs storage cupboard, opening to
KITCHEN 3.04m x 1.99m, one and a quarter bowl sink unit, 85 x 81, , range of wall, base and drawer units with fitted work surfaces over, appliance space, space and plumbing for washing machine, built-in Johnson & Starley gas-fired boiler for domestic hot water and warm air heating, uPVC double glazed window
STAIRS TO LANDING access to loft space, airing cupboard
BEDROOM 1 3.5m x 3.18m, uPVC double glazed window, built-in double wardrobe cupboard, warm air vent
BEDROOM 2 3.19m x 2.98m, uPVC double glazed window, built-in double wardrobe cupboard, warm air vent
BEDROOM 3 2.3m x 2.21m, uPVC double glazed window, warm air vent
BATHROOM panel bath with mixer taps, Mira shower unit and attachment, pedestal wash hand basin, low-level wc, uPVC double glazed window
FRONT shingle area, side access to rear garden, driveway leading to
SEMI-INTEGRAL GARAGE 4.81m x 2.38m, up and over door, light, personal door to hall
SOUTH-FACING REAR GARDEN lawn, panel fencing
AGENTS NOTE As this property was vacant when we were asked to arrange the sale, we have been unable to verify certain information. In particular, none of the services or fittings and equipment has been tested and no warranties of any kind can be given. Accordingly, prospective buyers should bear this in mind when formulating their offers.
COUNCIL TAX BAND: C
EPC RATING: D
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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