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£170,000
Bedrooms
Bathrooms
Reception
A fantastic three bedroom family home in the established residential location of Tewkesbury Road, West Denton Park.
What we love about this property is the open areas to the front and rear offering nice views and privacy.
Accommodation briefly comprises: entrance porch, hallway and stairs to first floor, open plan living room/dining room, kitchen, three bedrooms and a bathroom.
Externally there are gardens to the front and rear of the property as well as ample on street parking.
ACCOMMODATION
Porch
Double glazed window, radiator
Hallway
Laminate flooring, radiator, stairs to first floor, stairs cupboard,
Lounge/dining room
Double glazed window, radiator, sliding doors to rear, coving, gas fire with surround
Kitchen
Double glazed window, door, radiator, laminate flooring, plumbed for washing machine, electric oven with gas hob and extractor hood, range of wall and base units with work surfaces, stainless steel draining unit and drainer, tiled splash backs, spotlights
Bedroom one
Double glazed window, radiator, carpet, coving,
Bedroom two
Double glazed window, radiator, carpet
Bedroom three
Double glazed window, radiator, carpet
Bathroom
WC, wash hand basin, panelled bath with shower over, towel radiator, tiled walls and flooring, spotlights, double glazed window.
External
Gardens to the front and rear. Parking available freely on street
Council Tax Band: G (Newcastle Council )
Tenure: Freehold
Parking options: On Street
Garden details: Front Garden, Rear Garden
Electricity supply: Mains
Heating: Gas Mains
Water supply: Mains
Sewerage: Mains
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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