4 bedroom semi-detached for sale

£725,000

4

Bedrooms

Floorplan

ENTRANCE HALLWAYUnderstairs meter storage cupboard, radiator.

FRONT RECEPTION ROOM15 X 116 Feature fireplace with inset gas coal effectfire, double radiator, double glazed leaded light window.

REAR RECEPTION ROOM135 X 115 Fireplace recess with fitted cabinets to alcoves, double radiator, double glazed sliding patio doors onto rear garden.

FITTED KITCHEN 116 X 8 Range of high and low level cupboards and drawers, working top surfaces with inset single drainer stainless sink unit with mixer tap, double glazed leaded light window above, cupboard housing gas central heating boiler, fitted gas cooker, fridge/freezer and dishwasher, plumbing and space for washing machine, double radiator, double glazed door onto rear garden.

UPSTAIRS TO FIRST FLOOR LANDING Double glazed window to flank wall, double radiator.

BEDROOM TWO 15 X 116 Double glazed leaded light window, original fireplace, built in cupboard.

BEDROOM THREE 136 X 116Double glazed window, radiator.

BEDROOM FOUR89 X 8 Wood laminate flooring, double glazed leaded light window, radiator.

BATHROOM8 X 8 White suite comprising panel enclosed bath with mixer tap, shower attachment and screen, pedestal wash hand basin, low level w.c., heated towel rail, part tiled walls, double glazed frosted window, spotlight track, tiled flooring.

SEPARATE W.C.Low level w.c., wash hand basin, double glazed frosted window.

STAIRS TO SECOND FLOOR LANDING Double glazed window to flank wall.

MASTER BEDROOM177 X 124 (Maximum measurements) with eaves storage cupboards housing hot water cylinder tank, radiator, double glazed leaded light window, door to:-

EN-SUITE SHOWER ROOMTiled enclosed shower cubicle, vanity wash hand basin, low level w.c., double glazed frosted window.

REAR GARDEN Extending to 70FT mainly laid to lawn with screening fir trees, side access, detached shed 95 X 8

DETACHED WORKSHOP22 X 95 Double glazed windows and doors, light and power, approached by own driveway providing additional off street parking.

COUNCIL TAX Band E

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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

£ 600825

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 18125
  • 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

£ 57075
  • 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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