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£235,000 Guide Price
Complete estate agents are pleased to offer this generously sized two bedroom home situated in a cul-de-sac close to amenities including the Forest and Sandridge school, shop, public house and green space. The spacious accommodation comprises of living room, kitchen, bathroom and two double bedrooms. The property further benefits from gas heating and double glazing, enclosed rear garden, garage and driveway. An ideal first time buy or investment purchase. An early viewing is recommended and is offered for sale with no onward chainEntrance Hall Double glazed door and side panels to the front, storage cupboard housing gas wall mounted boiler, stairs to first floor, radiator and doors to living room.BathroomFitted with a white suite comprising panelled bath, pedestal wash hand basin and low level WC with tiled splash-backs, window to side elevation and radiator. Living Room Windows to front and rear elevation, electric feature fireplace and two radiators. Kitchen Fitted with a matching range of base and eye level units with worktop space over, stainless steel sink unit with single drainer and mixer tap, space for washing machine, fridge and tumble dryer, built-in electric oven and electric hob over, window and door to side elevation and radiator. Landing Doors to bedroomsBedroom One Window to rear elevation, door to cupboard and radiator. Bedroom Two Window to rear elevation, access to loft and radiator. OutsideGarden Enclosed by timber fencing and laid to lawn with shrub borders.open front garden laid to shingle with a pathway to the front door.Garage 1807 x 905 with up and over door to the front with power and lighting.Driveway to the side with parking for a few vehicles These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give a representation or warranty in respect of the property. Floor plan measurements and distances are approximate only and should not be relied upon. We have not carried out a detailed survey nor tested the services, appliances or specific fittings.
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.
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