2 bedroom semi-detached for sale

£195,000 Offers over

2

Bedrooms

2

Bathrooms

2

Reception

''BUYER PREMIUM APPLIES TO SECURE THIS PROPERTY''

Spacious and Versatile Extended Family Home in Denton Burn

Located in the popular Denton Burn Estate of West Newcastle, this well-presented and extended two/three-bedroom home offers flexible living space, ideal for modern family life.

The ground floor boasts an impressive layout, featuring a welcoming entrance porch, a bright and airy lounge, and a newly fitted kitchen complete with a stylish island, perfect for dining and entertaining. The open-plan kitchen and dining area benefits from French doors leading to the rear garden, creating a light-filled space. A utility room adds convenience, while a versatile hobby room-ideal as a home office or potential third bedroom-completes the space, along with a modern shower room.

Upstairs, the dual-aspect master bedroom provides a spacious retreat, accompanied by a well-proportioned second bedroom and a stylish family bathroom.

Externally, the property offers off-street parking and a low-maintenance front garden. To the rear, an easy-care garden provides a private outdoor space, featuring a shed equipped with lighting and electrics-perfect for additional storage or a workshop.

This fantastic home is ideal for families, professionals, or anyone seeking adaptable living space in a convenient location. Viewing is highly recommended!

''BUYER PREMIUM APPLIES TO SECURE THIS PROPERTY''

Please Note a buyers fee does apply. The buyer makes a payment of 2000 buyer premium on offer acceptance. This is paid to reserve the property to the buyer, subject to a satisfactory survey and is paid in addition to the purchase price.

Council Tax Band: A (Newcastle Council )
Tenure: Freehold
Parking options: Driveway, Off Street
Garden details: Front Garden, Private Garden, Rear Garden
Electricity supply: Mains
Heating: Gas Mains
Water supply: Mains
Sewerage: Mains


Kitchen/diner w: 3.81m x l: 4.81m (w: 12 6' x l: 15 9')
Newly fitted kitchen with island

Living room w: 3.03m x l: 5.65m (w: 9 11' x l: 18 6')
Box bay fronted window, Media wall.

Utility w: 1.68m x l: 2.17m (w: 5 6' x l: 7 1')
Plumbing for washing machine

Playroom/Office w: 2.18m x l: 4.93m (w: 7 2' x l: 16 2')
Great additional living space/office. Potential to create a third bedroom.

Shower
Newly fitted shower room with W/C, wash hand basin and shower.

Bedroom 1
Dual aspect master bedroom.

Bedroom 2
Single bedroom.

Bathroom
Panel bath with shower over, W/C, wash hand basin and heated towel rail. Tiled floor and full height tiled walls.

Outside
Front: Off-street parking, paved area with mature evergreen border.
Rear: Easily maintained with storage shed with lighting and electric supply.

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

£ 153825

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
    £ 4875
  • 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

£ 7575
  • 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

Adjust these figures

  %
  %
£
  %

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

Adjust these figures

  %

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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