3 bedroom end of terrace for sale

£325,000

3

Bedrooms

1

Bathrooms

Floorplan

A spacious, end-of-terrace, family home set in a convenient location for Havant town centre, local amenities and transport links. The house offers an open-plan living space, good sized kitchen, 3 bedrooms and an attractive rear garden, as well as an integral single garage and off-road parking.

This end-of-terrace family house offers spacious accommodation in a location that is convenient for Havant town centre, local amenities and with great transport links nearby. The town centre is about a half mile walk to the south-east, as is the mainline railway station. There is also a local convenience store just around the corner. The house has three bedrooms, an open-plan living space, a good sized kitchen with space for a breakfast table and an attractive, west-facing, rear garden. It also offers an integral garage and a lean-to style utility/store room to the side of the house.

On entering the house, a small entrance porch leads in to the open-plan living space. This space provides a seating and dining area (or home office space) separated by an open stairway which helps to divide the room. This bright and airy space has a dual aspect with a picture window to the front and double doors opening to the garden at the rear. The kitchen/breakfast room overlooks the rear garden and features a range of floor and wall units with space for cooker, fridge/freezer and washing machine. From the kitchen there is a door leading to the back garden as well as a door into the garage.

To the first floor there are three double bedrooms. All three bedrooms benefit from fitted wardrobes with the second bedroom also benefitting from being dual aspect. The family bathroom has a white suite comprising a bath with shower over, wash basin and toilet. There is also an large storage cupboard accessed from the landing.

Outside, to the front of the house there is a driveway that provides off-road parking, as well as a small lawn to the side. The driveway leads to the single integral garage. The rear garden can be accessed through the garage and features decking adjacent to the house, with a central lawn. It is edged with flower beds and timber fencing.

GROUND FLOOR
PORCH
LOUNGE/DINER- 7.14m (235') max x 4.29m (141') max
KITCHEN- 3.90m (1210') x 2.80m (92')
GARAGE- 5.43m (1710') x 2.36m (79')

FIRST FLOOR
BEDROOM 1- 4.29m (141') x 3.27m (109') excluding wardrobe
BEDROOM 2- 3.61m (1110') x 2.80m (92')
BEDROOM 3- 3.27m (109') excluding wardrobe x 2.36m (79')
BATHROOM

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

£ 270825

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 8125
  • 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

£ 27075
  • 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

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  %

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

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  %

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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