3 bedroom terraced for sale

£534,999

3

Bedrooms

Floorplan

CALL CRAIGS TO REGISTER A VIEWING STARTING 10AM SATURDAY 2ND NOVEMBER

PRICE...534,999...FREEHOLD


ENTRANCE: Double glazed porch with front door to:



HALLWAY: Radiator, stairs rising to first floor, under stairs storage cupboard, carpets, door to:



LOUNGE/DINER: (246 X 118) Double glazed bay window to front aspect, double glazed patio door with access to rear garden, fitted carpet, two radiators, coving to ceiling, power points, picture rail, television point.


KITCHEN: (114 x 83) Fitted units at base and eye levels, 1 bowl stainless steel sink and drainer unit with
mixer tap, free standing gas cooker, radiator, plumbed for washing machine, part tiled walls, lino flooring, wall mounted boiler, double glazed window and door to rear garden.


FIRST FLOOR LANDING: Access to loft area, fitted carpet, picture rail, panelled doors to all rooms.


BEDROOM 1: (129 x 111) Double glazed bay window to front aspect, radiator, fire place, fitted carpet, power points, picture rail and original door.


BEDROOM 2: (123 x 106) Double glazed window to rear aspect, carpets, radiator, power points, fitted wardrobe.


BEDROOM 3: (79 x 63) Double glazed window to front aspect, radiator, fitted carpet, power points, picture rail.


BATHROOM: White three-piece suite comprising pedestal wash hand basin, panelled bath, low level flush w/c, radiator, full tiled walls, fitted lino, frosted double glazed window to rear aspect.


EXTERIOR: FRONT - Hardstanding for potential providing off street parking for two cars. REAR - Approx. 40 rear garden, two patios with lawn to borders and a large shed.


REAR ACCESS for service road at the rear.














THE AGENT HAS NOT TESTED ANY APPARATUS, EQUIPMENT, FIXTURES AND FITTINGS OR SERVICES AND SO CANNOT VERIFY THAT THEY ARE IN WORKING ORDER OR FIT FOR THE PURPOSE. A BUYER IS ADVISED TO OBTAIN VERIFICATION FROM THEIR SOLICITOR OR SURVEYOR

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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

£ 444074.175

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
    £ 13374.975
  • 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

£ 42824.925
  • 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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