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6 Market Parade, Havant
£550,000
Bedrooms
Bathrooms
A delightful detached house set in the sought-after area of Warblington, close to both Havant and Emsworth. Although in need of modernisation, this offers an wonderful opportunity to acquire a mature home with scope for further extension (subject to planning). Attractive westerly facing rear garden.
This delightful home, in the sought-after area of Warblington, has been in the same family ownership since being newly built and so is coming to the market for the first time since. Although requiring modernisation, this offers an excellent opportunity to create a family home with scope to further extend the house (subject to planning consent). The house is set in a well-proportioned plot, offering a driveway and garden to the front, with an attractive westerly-facing garden to the rear. A viewing is highly recommended to fully appreciate the potential of this property.
On entering the house, a small porch leads through to the entrance hall. The sitting room is to the front of the house, overlooking the front garden and featuring a brick surround fireplace. A door from the sitting room leads through to the lounge and dining space at the rear of the house. This generous room has been extended and offers a very social space for dining and seating, with double doors opening to the rear garden and a door through to the kitchen. The kitchen currently features a range of floor and wall units with spaces for a cooker, fridge/freezer and washing machine. There is a larder cupboard to one corner and a door leading out to the summerhouse. The summerhouse is a conservatory style space at the side of the house with a glazed roof. It allows access to the rear garden, garage and a small courtyard that leads to the front garden.
To the first floor, there are three double bedrooms, along with a bathroom and separate toilet. The largest of the three bedrooms overlooks the front of the house, with the other front room having some limited head height to one end.
Outside, the house is approached via a driveway leading to the integral single garage with double doors to the front. The garden is mostly laid to lawn at the front and edged with mature shrubs and trees. The rear garden can be accessed through the side courtyard and summerhouse. This westerly facing rear garden features a patio area to one side, with flower beds, shrubs and small trees set around the lawn. There is a small pond beyond the patio and the garden is edged with timber fencing.
GROUND FLOOR:
PORCH
ENTRANCE HALL
SITTING ROOM 4.77m (158') x 3.76m (124')
LOUNGE & DINING SPACE 6.27m (207') max x 5.39m (178') max
KITCHEN 5.71m (189') x 2.49m (82') plus door recess
FIRST FLOOR:
LANDING
BEDROOM 1 4.02m (132') x 3.78m (125')
BEDROOM 2 3.79m (125') max x 2.94m (98') max
BEDROOM 3 4.07m (134') max x 3.20m (106')
BATHROOM
SEPARATE WC
GARAGE 5.00m (165') x 2.59m (86')
SUMMERHOUSE 4.27m (14) x 2.60m (87')
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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