3 bedroom semi-detached for sale

£450,000

3

Bedrooms

1

Bathrooms

Floorplan

Beautifully Modernised Home with Garage & Parking Close to Bransbury Park & Seafront

This beautifully presented home has been tastefully modernised and is ideally located close to Bransbury Park, within easy walking distance of the seafront. With excellent local amenities, good road links, and the rare benefit of a shared driveway leading to a garage plus two further parking spaces, it offers a fantastic lifestyle opportunity.

The spacious hallway, with elegant half-wall panelling and built-in storage, leads to a bright, modern kitchen with timeless white units, ample storage, and a double built-in oven with hob. An adjoining utility-style hallway provides extra appliance space, floor-to-ceiling cupboards, and access to the contemporary family bathroom.

The living room is a stylish, comfortable space with feature wall panelling, a fireplace, and patio doors opening to a light-filled dining/family room with dual access to the kitchen and garden. From here, a side door opens directly to the parking area and garage.

Upstairs, there are three well-appointed bedrooms all with built-in wardrobes. The main bedroom is generously sized, the second features an additional Velux window, and the third is a good sized single which could also be ideal as a home office, or craft room. A modern cloakroom completes this floor.

Outside, the rear garden offers a generous patio, perfect for relaxing or entertaining.

Ready to move straight into, this property combines space, style, and rare parking facilities in Portsmouth. Early viewing is highly recommended.

Material Information Tenure: Freehold Council Tax: Band C Electricity: Mains Supply Heating: Gas Water Supply: Mains supply Sewage: Mains Supply Broadband: Standard, Superfast and Ultrafast Fibre are all available in this area Parking: Off Road Mobile: Ofcom official website checker states that EE, Vodafone, O2 and Three available in the area Flood Risk: Low risk


EPC Rating: D

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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

£ 373950

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 11250
  • 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

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£

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

£ 36450
  • 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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