4 bedroom terraced for sale

£699,999

4

Bedrooms

3

Bathrooms

Floorplan

PRICE...699,999...FREEHOLD

ENTRANCE: Porch, leads to front door opens to,
HALLWAY: Laminate flooring, stairs rising to first floor, under stairs storage cupboard, double doors to through lounge, door to:

DOWNSTAIRS CLOAK/SHOWERROOM: Low level flush w/c, wall mounted wash hand basin, tiled floor, shower, radiator.

VERY LARGETHROUGH LOUNGE: Beautifully maintained and decorated, double glazed window to front aspect, laminate flooring follows through from hallway, original feature fire place, radiator, patio door to rear aspect open to:


EXTENDED KITCHEN: Fitted units at base and eye levels, 1 bowl stainless steel sink and drainer unit with mixer tap, wall mounted oven, hob and extractor fan, space for dishwasher, washing machine and tumble dryer, fridge freezer, tiled floor, tiled walls, radiator, double glazed window to rear and double-glazed door to side aspect opening on to patio and on to garden.

FIRST FLOOR LANDING: Access to all bedrooms, laminate flooring, door to:

BEDROOM 1 : Good sized double, double glazed bay window to front aspect, laminate flooring, radiator, fitted wardrobes,

BEDROOM 2: Good size double, double glazed window to the rear aspect, laminate flooring, fitted wardrobes housing the central heating boiler.

BEDROOM 3: Good size 'box' room double glazed bay window to front aspect, laminate flooring, radiator.

BATHROOM: Three-piece white suite comprising, low level flush w/c, bidet, pedestal wash hand basin, panelled bath with mixer taps and shower attachment, tiled walls vinyl flooring, radiator, double glazed window to rear aspect.

MASTER BEDROOM Large double with en-suite toilet at top of the house laminated flooring, Dorma to rear aspect, two 'Velux windows' front aspect, multiple storage in eves

REAR GARDEN: Leave lounge through patio doors or kitchen through side door on to the Patio area, through to rest mainly laid to lawn, path way to

GARAGE: Huge treble garage and workshop, with multiple power and lighting and powered double garage doors onto the gated rear service road.

FRONT: Hard standing is done for off street parking should you wish to apply.

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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

£ 580199.175

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
    £ 17499.975
  • 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

£ 55199.925
  • 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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