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£205,000
Bedrooms
A spacious three double bedroom family home located on the much sought after Glebe estate of Norton. The accommodation comprises; entrance porch, cloaks/WC, large lounge with archway leading to a dining room, UPVC conservatory, kitchen with integrated appliances, three first floor double bedrooms and a modern shower room/WC. There is a lawned garden to the front of the property with a double driveway leading to a garage and an enclosed, West facing, garden to the rear. Glebe Primary School is just a short walk away, the very popular High Street, village green & duck pond are only a little futher away and the property is also easily served with excellent commuter links of the A19 and A66 nearby. Energy Rating: C-71. Council Tax Band: C (2,076.44).
Entrance Porch - UPVC entrance door, front & side aspect UPVC double glazed windows, meter cupboards, laminate flooring, coving and a radiator.
Cloaks/Wc - Front aspect UPVC double glazed window, corner wash basin, low level WC, part tiled walls, laminate flooring, coving and a chrome heated towel rail.
Lounge - 4.18m x 2.99m (138' x 99') - Front aspect UPVC double glazed window, feature fireplace with pebble effect electric fire, coving, radiator and an archway leading to:
Dining Room - 3.59m x 2.99m (119' x 99') - Rear aspect UPVC double glazed patio doors opening to conservatory, laminate flooring, coving and a radiator.
Conservatory - 3.23m x 2.45m (107' x 80') - Brick dwarf wall and UPVC construction with side aspect UPVC double glazed French doors opening to the garden, tiled floor and a fan light.
Kitchen - 3.58m x 2.68m (118' x 89') - Rear aspect UPVC double glazed window and a UPVC stable style door opening to the garden. A range of white high gloss base & wall with units with rolled worksurfaces & matching upstand incorporating a 1 bowl stainless steel sink unit & mixer tap and gas hob with stainless steel splashback. Built-in oven & microwave oven, integrated washing machine & dishwasher, freestanding fridge/freezer, tile effect laminate flooring and an understair storage cupboard housing combi boiler.
Hall / First Floor Landing - Stairs to first floor, side aspect UPVC double glazed window, two radiators and access to loft via pull-down ladder.
Bedroom One - 4.11m x 3.08m (max.) (135' x 101' (max.)) - Front aspect UPVC double glazed window, fitted sliding wardrobes, built-in wardrobe & cupboard and a radiator.
Bedroom Two - 3.12m x 3.77m (102' x 124') - Rear aspect UPVC double glazed window, built-in wardrobe & cupboard and a radiator.
Bedroom Three - 2.97m x 2.65m (98' x 88') - Front aspect UPVC double glazed window, coving and a radiator.
Shower Room/Wc - Rear aspect UPVC double glazed window, walk-in corner cubicle with Mira electric shower, vanity unit housing modern wash basin, low level WC, fully tiled walls & floor, spot lights, extractor fan and a chrome heated towel rail.
Externally - There is an open lawn to the front of the property with well stocked flowerbeds, double driveway leading to a garage (5.61m x 2.50m) with up & over door, power & lighting and a rear door accessed from the garden. To the rear is a West facing enclosed garden with raised lawn, patio and decked areas, borders with established plants & shrubs and a greenhouse.
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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