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6 Market Parade, Havant
£500,000
Bedrooms
Bathrooms
A great sized four bedroom detached family home located in a cul de sac just south of Havant town center. This property benefits from a large garden, two reception rooms, parking and garage. Viewing highly recommended to appreciate all it has to offer. Offered with no forward chain.
This property is situated in a very convenient location, being within walking distance of Havant town centre, a mainline railway station, bus station and the waterfront at Langstone, along with easy access to the A27 and A3(m). This property would make a fantastic family home with great size rooms, versatile accommodation and a large back and side garden.
On entering the house, the spacious hallway allows access to the primary ground floor accommodation as well as the ground floor cloakroom. The lounge is dual aspect making it bright and airy with a feature fire place. The lounge is open plan to the dining room, the dining room overlooks the back garden with a door leading out to the garden and another leading into the kitchen. The kitchen benefits from both wall and base units with space for appliances. The kitchen has door leading out to the garden as well as a door leading back into the hallway. Alongside the kitchen there is a fourth bedroom/study. The hallway, lounge, dining room and fourth bedroom all have the original parquet flooring.
To the first floor, there are three bedrooms. The master bedroom runs the full length of the property with built in wardrobes and an airing cupboard. The further two bedrooms are a good size with the second largest bedroom having a built in wardrobe. The bathroom suite comprises bath, wash basin and toilet.
Outside, the front garden is enclosed by a low level wall, with an drive way to the right hand side leading to the garage with the remainder laid to lawn surrounded by attractive boarders. The rear garden is a great size with a patio adjacent to the house leading into lawn.
GROUND FLOOR
LOUNGE- 5.14m (1610') x 4.06m (134')
DINING ROOM- 3.02m (911') x 2.90m (96')
KITCHEN- 3.42m (113') x 3.02m (911')
BEDROOM 4/STUDY -
GARAGE 4.85m (1511') x 2.98m (99')
FIRST FLOOR
BEDROOM 1- 5.12m (1610') excluding wardrobes x 4.06m (134')
BEDROOM 2- 3.07m (101') x 2.88m (95')
BEDROOM 3- 4.24m (1311') x 2.88m (95')
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.
6 Market Parade, Havant
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