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£415,000 Offers in excess of
Bedrooms
Bathrooms
Reception
Corley Estate Agents are pleased to offer this 4 BED/2 BATH extended and well presented home which has the unique benefit of a LARGE DOUBLE GARAGE plus ADJOINING WORKSHOP to the rear in addition to occupying a good sized corner plot. The property has gas central heating, double glazing, and accommodation briefly comprising hall, lounge, dining room, kitchen, utility room, cloakroom/W.C., first floor landing, 4 bedrooms, en-suite shower room and family bathroom. The property is well situated for access to the well regarded Oadby school, including Manor High School and Beauchamp College, in addition to the wide range of excellent shops and amenities situated locally. The property is also well located for access to the local bus routes.Viewing is highly recommended.AccommodationHallThrough LoungeDining RoomKitchenUtility RoomCloakroom/WCFirst Floor LandingBedroom OneEn Suite Shower RoomBedroom TwoBedroom ThreeBedroom FourFamily Bathroom(N.B. Room measurements are shown on the Floor Plan)OutsideThe property occupies a good sized, corner plot with lawn, large patio area and veg plot. There is a large double garage with parking to front for up to 4 cars and a good-sized adjoining workshop - if permission were successfully sought from the local council, it may be suitable to open up the adjoining wall to create a triple garage. The garden is enclosed by fencing.VIEWING HIGHLY RECOMMENDEDTenure : FreeholdCouncil Tax Band : CEnergy Rating : D
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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