3 bedroom for sale

£275,000

3

Bedrooms

1

Bathrooms

Floorplan

The property is situated in a friendly neighbourhood, making it an ideal choice for families or those looking to settle in a community-oriented area. With local amenities, schools, and parks nearby, you will find everything you need within easy reach. This home presents a wonderful opportunity for those seeking a comfortable and spacious living environment in Normanton. Whether you are a first-time buyer or looking to relocate, this property is sure to meet your needs. Do not miss the chance to make this lovely house your new home.

Cloakroom - 1.07 x 0.96 (36' x 31') - On entering the front of the property is a useful cloaks room with a low flush toilet and vanity wash hand basin. Also from the hall there is a separate cupboard housing the boiler.

Lounge - 4.65 x 3.55 (153' x 117') - The Lounge area is bright, modern and sophisticated with two windows facing to the front of the property. With trending feature panelling to one wall. This space is perfect for relaxing in or entertaining. With a radiator and two stylish ceiling lights.

Kitchen - 5.86 x 2.64 (192' x 87') - Continued through the open plan downstairs area is the designer kitchen with top of the range appliances including, an inset double sink, with an induction ceramic hob with a warming plate. A built in double oven and microwave. A full floor to ceiling range of wall units and cupboards including plumbing for a washing machine, integrated fridge freezer and dishwasher. With a wine cooler to complete the fabulous kitchen, finished with quartz work surfaces. There is a side breakfast bar perfect for grabbing a breakfast juice and french doors out to the garden.

Dining Area - 8.45 x 3.53 (278' x 116') - With ample room for a large dining table for entertaining guests or seating a family. Complimented with further sleek cupboards for housing everyday items. This multi functional downstairs open plan living is both comfortable and contemporary.

Seating Area - 2.03 x 2.26 (67' x 74') - The additional seating area off the Kitchen is another comfortable area for relaxation or for the children to play. With bright windows opening up the space more.

Bedroom One - 3.55 x 4.94 (117' x 162') - Bedroom one has two windows filtering in sunlight and a radiator. Further modern light fittings compliment the main bedroom to the property.

Bedroom Two - 2.37 x 4.61 (79' x 151') - Bedroom Two is a good size and complimented by neutral dcor and two windows looking out to the side of the property. There is a single radiator in the room.

Bedroom Three - 2.38 x 3.53 (79' x 116') - Bedroom three has built in wardrobe storage, a single radiator and windows looking out to the front of the property.

Family Bathroom - 2.0 x 1.56 (66' x 51') - The family bathroom contains a low flush toilet and wash hand basin. With a panelled bath and plumbed in shower over. A tiled surround and integral light with a UPVC frosted window letting in the sunlight.

Rear Garden - The rear of the property has a pattern tiled driveway area bathed in sunshine on brighter days and is perfect for a seating area. While the back garden has a manicured grass area, easily maintained patio and separate garage.



Features
  • Freehold

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 229575

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 6875
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 23325
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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