3 bedroom semi-detached for sale

£235,000

3

Bedrooms

Conveniently located in the town center, this attractive double fronted Victorian home offers a wealth of accommodation. With fantastic room proportions and high ceilings it provides ample space for a large family or as a buy to let.

The propertyis vacant.

Contact us now on 01945 588111 to arrange your viewing.

The location is ideal for those wanting to keep shops and town access close by with Wisbech town centre only being a short walk away. For anyone not familiar with the area Wisbech offers a range of shops from high street to independent, there are also a range of schools close by.
For navigational purposes please use PE13 3DJ

Entrance Hall

Door to front. Tiled floor. Radiator. Double doors leading to -

Rear Lobby

Stairs rising to first floor. Window to rear

Lounge

18 2 x 12 4 (5.54m x 3.76m) Window to front. Radiator. A range of wall and base units with stainless steel sink.

Kitchen

13 11 x 12 11 (4.27m x 3.96m) A range of wall and base units. Plumbing for two washing machines. Built in double oven. Gas hob. Tiled floor. Sliding door into rear garden. Heated towel rail.

Walk in pantry 3"10 x 4"01 with tiled floor and fitted shelves.

Dining Room

18 2 x 12 4 (5.54m x 3.76m) Window to front. Radiator. A range of wall and base units with stainless steel sink.

Cloakroom

4 11 x 5 0 (1.52m x 1.54m) Low level w.c. Wash hand basin. Window to side.

First Floor Landing

Airing cupboard housing hot water tank,. Doors to all 1st floor rooms.

Bedroom One

15 11 x 15 0 (4.88m x 4.59m) Two windows to front. Radiator. Shower cubicle housing electric shower. A range of wall and base units. Stainless steel sink.

Bedroom Two

16 0 x 15 0 (4.88m x 4.59m) Window to rear. Two radiators. Range of wall and base units. Shower cubicle housing electric shower. Sink.

Bedroom Three

15 0 x 16 0 (4.59m x 4.88m) Window to front. Two radiators. Range of wall and base units. Sink. Shower cubicle housing electric shower.

Bathroom

Window to rear. Radiator. Bath and shower attachment. Hand wash basin. wc. Radiator

Rear Garden

Laid to paving for low maintenance garden. Graveled area to rear providing off road parking.

Nearest Stations:

8.03 miles
March
9.28 miles
Watlington
9.6 miles
Downham Market
11.72 miles
King's Lynn
11.77 miles
Manea

Map location is not available for this property.

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

£ 184825

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
    £ 5875
  • 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

£ 8575
  • 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

Adjust these figures

  %
  %
£
  %

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

Adjust these figures

  %

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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