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6 Market Parade, Havant
£650,000
Bedrooms
Bathrooms
An impressive 4 bed detached house set in the sought after area of Rowlands Castle, within easy reach of local shops, the village centre, local pubs and a railway station. This property offers substantial accommodation with 3 reception rooms, 2 bathrooms, utility room, double garage and parking.
This delightful four-bedroom detached house is located in the sought-after village of Rowlands Castle. The village offers a range of local shops (including a Post Office, hardware store and convenience store), a village primary school with an Ofsted rating of good, doctors surgery, a choice of pubs and main-line railway station servicing London Waterloo.
On entering the property an entrance hall provides access to all the primary accommodation. The lounge is dual aspect with a window looking out onto Nightingale Close and patio doors leading to the garden. There is also a feature fire place. From the lounge there are double doors into the dining room. The dining room can also be accessed via the hall. The kitchen has an array of wall and base fitted units with a gas hob and electric double oven, with space for a dish washer and fridge freezer. From the kitchen there is a utility room with butler sink and plumbing for a washing machine. Off this room there is a door which leads into the garden as well as a door into garage. The property also benefits from a study and a down stairs cloak room.
To the first floor, there are four good sized bedrooms all which benefit from fitted wardrobes. The master bedroom is a great size with ensuite wet room. There are two further large doubles with the fourth bedroom being a good size single. The family bathroom suite comprises of bath with shower over, wash basin and toilet.
Outside, the property is approached via a drive way which provides parking for two cars with a path that takes you to the front door as well as a side gate that take you to the back garden. There is also a double garage with an electric up and over garage door. To the rear of the property there is a patio adjacent to the house with the remainder of the garden mainly laid to lawn. There is also a garden shed.
Please note, the tree in the back garden is subject to a Tree Preservation Order.
GROUND FLOOR
LOUNGE- 6.40m (21) x 3.47m (115')
DINING ROOM- 3.31m (1010') x 2.93m (97')
KITCHEN 5.42m (179') maximum x 3.06m (101') maximum
UTILITY ROOM 2.27m (75') x 1.73m (58')
STUDY- 3.72m (123') x 1.79m (510')
GARAGE- 5.37m (177') max x 4.81m (159') max
FIRST FLOOR
BEDROOM 1- 3.88m (129') x 3.49m (115') max
BEDROOM 2- 3.47m (115') including built-in wardrobe x 3.33m (1011') max
BEDROOM 3- 3.22m (107') x 2.96m (98') including built-in wardrobe
BEDROOM 4-2.96m (98') including built-in wardrobe x 2.38m (710')
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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