3 bedroom semi-detached for sale

£660,000

3

Bedrooms

Floorplan

Situated in a popular road close to Worcester Parks shops, cafes, restaurants and mainline station giving access to Waterloo in 30 minutes.

ENTRANCE PORCH
Front door to:-

ENTRANCE HALLWAY
Understairs meter storage cupboard, exposed wood floorboards, radiator.

DINING ROOM 168 X 126
Into rounded bay double glazed window, original fireplace, exposed wood floorboards, radiator, wall light points, coved ceiling, picture rail.

LOUNGE 142 X 113
Exposed wood floorboards, double radiator, wall light points. Open plan through to:-

EXTENDED FAMILY ROOM 181 X 8
Exposed wood floorboards, skylight windows, double glazed doors onto rear garden. Open plan through to:-

FITTED KITCHEN 11 X 75
Fitted with a range of high and low level cupboards and drawers, roll work top surfaces, inset one and a half bowl single drainer sink unit with mixer tap, built in 4 ring gas hob with extractor fan above, fitted washing machine, dishwasher, fridge/freezer and electric oven, part tiled walls, wall mounted gas central heating boiler.

STAIRS TO FIRST FLOOR LANDING
Feature stained glass window to flank wall, access to insulated loft space.

BEDROOM ONE 165 X 108
Into rounded bay double glazed window, radiator, range of fitted wardrobes.

BEDROOM TWO 139 X 98
Double glazed window, radiator, fitted wardrobes.

BEDROOM THREE 10 x 69
Double glazed window, double radiator.

BATHROOM
White suite comprising panel enclosed bath, with mixer tap, shower attachment and screen, vanity wash hand basin with mixer tap, double glazed frosted window, part tiled walls.

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

OUTSIDE

REAR GARDEN
Extending to 80FT being west facing mainly laid to lawn with flower bed borders and screening fir trees, paved patio area, timber garden sheds, side access, water tap.

FRONT GARDEN
Being paved providing off street parking.

COUNCIL TAX
BAND D



Features
  • Freehold

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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

£ 547200

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
    £ 16500
  • 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

£ 52200
  • 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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