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£249,950
Bedrooms
A modern three bedroom detached house in this quite and popular area of Norton, located off Station Road. Within a short walk of Norton Village Green and High Street this family home comprises; entrance hall, cloaks WC, lounge, spacious kitchen/dining room with integrated appliances, utility room, to the first floor is the master bedroom with en-suite shower room, two further bedrooms and a family bathroom. Set on a corner plot the is an enclosed South Facing garden to the rear of the property with driveway and detached garage also to the rear. Energy Rating: C-72. Council Tax Band: D (2,451.17).
Entrance Hall - Wooden door with double glazed feature lights, staircase to first floor, understair storage cupboard, tiled floor, a radiator and double doors leading to the kitchen.
Cloaks/Wc - Front aspect UPVC double glazed window, hand wash basin, low level WC, tiled splashbacks and a radiator.
Lounge - 4.02m (into bay) x 4.04m (132' (into bay) x 133' - Front aspect UPVC double glazed bay window, feature fireplace with marble hearth & inset electric fire, laminate flooring, coving and two radiators.
Kitchen/Dining Room - 2.92m x 5.70m (96' x 188') - Rear aspect UPVC double glazed window and French doors opening to the garden. A range of base & wall units with solid oak butchers block worksurfaces and tiled splashbacks incorporating 1 bowl stainless steel sink & mixer tap and a gas hob with oven below & extractor hood over. Integrated fridge/freezer and dishwasher. Tiled floor, coving, spot lights and two radiators.
Utility Room - 1.99m x 1.49m (66' x 410') - Side aspect door, base & wall units with solid oak butchers block worksurfaces and tiled splashbacks incorporating stainless steel sink & mixer tap with space & plumbing for washing machine below, New wall mounted Baxi combi boiler, tiled floor and an extractor fan.
First Floor Landing - Spindle staircase, storage cupboard and access to loft.
Bedroom One - 2.74m x 4.06m (811' x 133') - Front aspect UPVC double glazed window and a radiator.
En-Suite - Side aspect UPVC double glazed window, walk-in cubicle with thermostatic mixer shower, pedestal wash basin, low level WC, tiled floor, tiled splashbacks, spot lights, coving, extractor fan and a radiator.
Bedroom Two - 3.68m (max.) x 3.13m (120' (max.) x 103') - Rear aspect UPVC double glazed window and a radiator.
Bedroom Three - 3.27m (max.) x 2.53 (108' (max.) x 83') - Rear aspect UPVC double glazed window and a radiator.
Bathroom/Wc - Front aspect UPVC double glazed window, modern white suite comprising; panel enclosed P-shaped bath with thermostatic mixer shower over, pedestal wash basin and a low level WC. Part tiled walls, tiled floor, extractor fan, spot lights and a modern column radiator.
Externally - There is a garden to the front of the property with lawn and established shrubs. To the rear is a South facing enclosed garden mostly lawned. Also to the rear is a driveway and detached single garage.
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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