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£425,000 Offers over
Bedrooms
Bathrooms
Considered an ideal first purchase, situated within close proximity to local schools, shops and amenities, is this beautifully presented three bedroom terraced house.
Upon entering the home, you are greeted with an large entrance porch, leading though to the welcoming hallway with stairs rising to the first floor.
Measuring close to 20 in length, the reception room draws light from the large window to the front elevation. Beautifully decorated with neutral tones throughout, the room is centred around a feature fireplace.
Flowing through to the bright and spacious dining room situated within the rear extension, with beautiful French patio doors opening onto the rear garden.
The kitchen comprises numerous above and below units, ample worktops along two sides, access to the under stair storage and various integrated appliances.
Heading up to the first floor, there are two double bedrooms and further single situated at the front of the home.
Rounding off the internal layout is the family bathroom and separate W/C.
Externally, to the front there if off street parking via the paved driveway.
The rear garden commences with a decking area whilst the remainder is predominately laid to lawn.
Viewing is highly recommended to fully appreciate all this wonderful family home has to offer.
Entrance Porch
Entrance Hallway
Reception Room
19 9 x 10 (6.02m x 3.05m)
Dining Room
17 x 7 7 (5.18m x 2.31m)
Kitchen
14 3 x 8 10 (4.34m x 2.69m) max
First Floor Landing
Bedroom 1
12 9 x 10 1 (3.88m x 3.07m) max
Bedroom 2
9 1 x 8 4 (2.77m x 2.54m) max
Bedroom 3
11 3 x 5 11 (3.43m x 1.80m) max
Family Bathroom
First Floor W/C
Rear Garden
41 x 20 4 (12.49m x 6.19m) approx.
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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