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5 Bridge Street, Wisbech
£330,000
Bedrooms
TWO FOR THE PRICE OF ONE!! This extensive Detached home with a one bedroom attached bungalow offers excellent opportunities. Currently run as a house of multiple occupancy, this flexible and spacious house offers a business opportunity as well as separate living accommodation.
Call 01945 588111 to book your viewing today!
Use Sat Nav; PE16 6AS
One Bed Bungalow
Lounge/Dining/Kitchen Room
12 1 x 10 7 (3.69m x 3.24m) The kitchen area comprises a range of matching wall and base units with complementary counter tops, tiled splashbacks, one and a half bowl sink with mixer tap, integrated oven, hob and extractor hood over. Space for fridge/freezers and plumbing and space for washing machine. Wall mounted boiler. Door and window to side. Door to
Bedroom
10 7 x 7 5 (3.25m x 2.27m) Window to side, radiator and built-in cupboard. Door to
Shower Room
7 8 x 4 9 (2.35m x 1.47m) Matching three piece suite comprising of low level wc, wash hand basin and shower cubicle, part tiled walls. Tiled floor and radiator. Window to side.
Main House
Hallway
Large picture window to front, under-stair cupboard, Doors off
Lounge
12 11 x 11 6 (3.94m x 3.52m) Window to front, radiator and fireplace.
Dining Room
11 9 x 10 0 (3.59m x 3.05m) Fireplace, radiator and door to; Stairs to first floor landing, Door to
Kitchen/Breakfast Room
11 9 x 9 4 (3.59m x 2.87m) Well appointed fully fitted kitchen with a range of matching wall and base units with complementary counter tops, tiled splashbacks, one and a half bowl stainless steel sink with mixer tap, integrated oven, hob and extractor hood. Space and plumbing for washing machine. Breakfast bar. Door and window to side.
Bedroom Four
10 0 x 7 7 (3.06m x 2.34m) Windows to side and rear, radiator.
Shower Room
6 5 x 4 9 (1.97m x 1.45m) With matching three piece suite comprising of low level wc, wash hand basin and enclosed shower cubicle.
Bedroom One
13 2 x 11 11 (4.02m x 3.65m) Window to front, fireplace, radiator and built-in storage.
Bedroom Two
11 11 x 9 6 (3.65m x 2.91m) Window to rear, radiator and built-in cupboard.
Bedroom Three
12 9 x 8 7 (3.9m x 2.62m) Window to front,radiator.
Shower Room
12 7 x 7 8 (3.85m x 2.35m) With matching three piece suite comprising of low level wc, wash hand basin and enclosed shower cubicle. Door to airing cupboard.
Office
14 4 x 11 8 (4.39m x 3.57m) Large useful space with plenty of natural light. Power and light. Wooden flooring and sink with draining board.
Rear Garden
Shared garden which is mostly laid with shingle for easy maintenance, with patio and wooden shed.
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.
5 Bridge Street, Wisbech
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