Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£600,000 Guide Price
Bedrooms
Bathrooms
A period detached property comprising a ground floor one bedroom garden maisonette and a two bedroom first floor maisonette. Freehold title with separate leases for the flats. Adjacent parking
'' PLEASE NOTE THIS PROPERTY IS BEING SOLD VIA THE MODERN METHOD OF AUCTION SEE AUCTIONEERS COMMENTS ON BROCHURE FOR TS & Cs '
Agents Note Re Auctionioneers Comments - This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent
information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of 6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than 960 inc. VAT. These services are optional.
Communal Entrance - Part glazed door leading into communal lobby.
Personal door leading into
' 98 (Ground Floor) -
Private Entrance To Ground Floor - Part glazed wood door with glazed window to side, leading into
Entrance Hall -
Cellar - Divided into two sections.
158 x 117
158 x 132
Lounge - 4.78m x 4.09m (158 x 135) - Double aspect with windows to front and side, coved ceiling, feature fireplace, two double radiators, wood effect flooring.
Kitchen / Breakfast Room - 4.80m x 3.66m (159 x 120) - Glazed window to front, range of wall and base units with tiled worksurfaces over, stainless steel single bowl sink and drainer with mixer tap, single oven with hob and cooker hood over, radiator, wood effect flooring.
Bedroom One - 3.71m x 3.48m (122 x 115) - Glazed window to front, coved ceiling, built-in cupboard, feature fireplace, radiator.
En-Suite Shower Room/Wc - Opaque window to front, fully tiled walk-in shower, pedestal wash hand basin, low level WC, storage cupboard, radiator, part tiled walls, laminate wood flooring.
Outside -
Garden - Mainly laid to lawn.
' 98A (First Floor) -
Communal Entrance - Personal door leading to
Stairs To First Floor - Fitted carpet.
Split Landing - Stairs to bedrooms, radiator.
Stairs to lounge, kitchen, shower room, WC.
Wc - Opaque window to rear, low level WC.
Lounge - 3.71m x 3.51m (122 x 116) - Glazed window to front, feature fireplace, built-in wardrobe, radiator, laminate effect flooring.
Archway leading into
Kitchen - 3.48m x 2.59m (115 x 86) - Glazed window to front, range of wall, base and drawer units with worksurfaces over, stainless steel single bowl sink unit with mixer tap, single oven, electric hob with cooker hood over, space for washing machine, Worcester boiler (not tested by Charles Eden), radiator, feature fireplace, wood effect flooring.
Bedroom One - 5.00m x 4.22m (165 x 1310) - Double aspect. Glazed windows to front and side, feature fireplace, fitted carpet.
Bedroom Two - 3.81m x 3.71m (126 x 122) - Glazed window to front, coved ceiling, built-in cupboard, feature fireplace, radiator, fitted carpet.
Shower Room - Opaque glazed window to side, fully tiled walk-in shower cubicle, pedestal wash hand sink, radiator, vinyl flooring.
Outside -
Parking - For 2 Cars.
Epc For 98 & 98A -
Epc Rating E - Ground and first floor.
Council Tax C - Ground and first floor.
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
