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£240,000 Guide Price
Bedrooms
Bathrooms
Reception
Corley Estate Agents are pleased to offer this good sized town house, well situated for access to Oadby Town Centre which provides a wide range of shops and other amenities. The property benefits from gas central heating, double glazing, and has accommodation briefly comprising hall, lounge, dining kitchen with integrated appliances, first floor landing, two double bedrooms, and bathroom. To the front is a garden area (which has potential to be changed to off-road parking, subject to the necessary permissions & dropping of the kerb). To the rear is a good sized garden with outbuildings. Viewing is highly recommended and can be arranged via the selling agent.Ground floorHallWith stairs to first floor, radiator, and tiled floor.Lounge145' into bay x 118 maxWith double glazed bay window overlooking the rear garden, radiator, and original herringbone style wood flooring.Dining Kitchen119' x 1011' PLUS 116' x 61'Fitted with a range of units comprising base units, drawers, solid terrazzo work tops, sink unit, integrated appliances, tiled flooring, double glazed window to front, double glazed window and door to rear, and radiator.First FloorLandingWith airing cupboard, and built in cupboard housing the central heating boiler and double glazed window to front.Bedroom One117' x 1011'With double glazed window to rear and radiator.Bedroom Two134' x 1011'With double glazed window to front, and radiator.BathroomWith suite comprising panelled bath with shower over, low level W.C, wash hand basin, radiator, and double glazed window to rear.OutsideTo the front is a garden area with retaining picket fence. To the rear is a larger garden with patio area and lawn, outside W.C, and two outbuildings.TENURE : FreeholdCOUNCIL TAX BAND : BEPC RATING : D(67)
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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