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6 Market Parade, Havant
£435,000 Guide Price
Bedrooms
Bathrooms
A delightful character cottage benefitting from a large rear garden and off-road parking, located in the sought-after village of Rowlands Castle. Other features include open-plan living/dining space, stylish bathroom, three bedrooms, and a garden cabin. Viewing highly recommended.
This delightful, mid-terrace, period cottage offers a combination of charm and character mixed with modern touches. A particular feature of the property is the large rear garden, which reaches across the rear of the neighbouring cottage and with side access to a track that provides the cottage with off-road parking. The interior of the cottage is well-presented, with a stylish and modern bathroom, along with an open-plan living space with a feature fireplace. The cottage is located just to the south of the centre of Rowlands Castle, a sought-after village that offers local shops, a choice of pubs, a golf course and a rail station with direct services to London (Waterloo).
On entering the cottage, a small entrance lobby gives access to the living room. This space is open-plan to the dining area and features attractive fireplaces in both spaces. From the dining area, there are double doors opening out to access the rear garden. The kitchen extends from the rear of the dining area, offering a range of units with a wooden worksurface. There are spaces for a fridge/freezer, dish washer, washing machine and tumble dryer, along with offering an integrated gas hob and an eye-level double oven. Beyond the kitchen is a rear hallway with access to both the rear garden and the bathroom. The bathroom is well-proportioned and features an attractive white suite comprising a freestanding, double-ended bath, walk-in shower cubicle, wash basin and toilet, plus a heated towel rail.
To the first floor are three bedrooms. The largest of the three is located at the front of the house and has a built-in, over-stairs cupboard to one corner. The further two bedrooms both overlook the rear of the cottage.
Outside, the house has a small garden to the front with a path leading to the front door. The rear garden is surprisingly large and reaches across the back of the neighbouring property. Adjacent to the rear of the cottage is a decked area under a pergola. The garden space beyond is mostly laid to lawn and edged with a selection of mature shrubs and trees. To one corner is a timber cabin, with a timber shed to another corner.
GROUND FLOOR:
SITTING ROOM 3.39m (112') x 3.25m (108')
DINING AREA 4.38m (145') x 3.25m (108')
KITCHEN 4.22m (1310') x 2.42m (711')
REAR HALLWAY
BATHROOM
FIRST FLOOR:
LANDING
BEDROOM 1 3.52m (117') x 3.25m (108')
BEDROOM 2 3.25m (108') x 2.05m (69')
BEDROOM 3 2.24m (74') x 2.21m (73')
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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