3 bedroom semi-detached for sale

£300,000

3

Bedrooms

1

Bathrooms

A Spacious Three Bedroom Family Home located in this ever popular residential road within easy reach of local schools, shops, amenities and public transport links. The property has a large enclosed rear garden creating a safe space for children and pets alike. The property is warmed by gas central heati8ng and is double glazed. The accommodation briefly comprises of:- Entrance Hall, Lounge/Dining Room, Kitchen, Breakfast Room and to the first floor Two Double Bedrooms, A good sized Single Bedroom, Bathroom with separate Shower Enclosure and a Separate WC. This property is offered for sale with no onward chain and as such should receive your earliest attention to view as properties in this area are in high demand. EPC E. Council Tax: C

Approached via a gated path leading to a UPVC door opening to:-

ENTRANCE HALL: There are stairs rising to the first floor with storage cupboard below and doors to all ground floor rooms. Radiator

LOUNGE/DINING ROOM: 240' x 118' (7.32m x 3.56m), A generous reception room with double glazed windows to both front and rear, feature fireplace with inset gas fire, two radiators and a TV aerial point.


KITCHEN: 132' x 90' (4.01m x 2.74m), A good range of both eye level and base units with work surface over, inset asterite single bowl sink with side drainer, integrated electric oven with electric hob over and extractor, plumbing for a washing machine, radiator and a double glazed window to the side. Opens to:-


BREAKFAST ROOM: 109' x 87' (3.28m x 2.62m), There are patio doors opening to the rear garden, space for a fridge freezer, wall mounted gas combi boiler and a radiator.


FIRST FLOOR

LANDING: There are door to all bedrooms, the bathroom/shower room and the separate WC. Loft access hatch.

BEDROOM ONE: 122' x 120' (3.71m x 3.66m), A well-proportioned double bedroom with a double glazed window to the rear and a radiator.


BEDROOM TWO: 117' x 103' (3.53m x 3.12m), A good sized second double bedroom with a double glazed window to the front and a radiator.


BEDROOM THREE: 85' x 79' (2.57m x 2.36m), A useful single bedroom with a double glazed window to the front and a radiator.


SEPARATE WC: There is a close coupled WC and a double glazed window to the side.

BATHROOM/SHOWER ROOM: 109' x 96' (3.28m x 2.90m), A spacious bathroom/shower room with a corner bath, separate shower enclosure with thermostatic shower over, pedestal mounted wash hand basin, extractor, radiator and a double glazed window to the rear.


OUTSIDE

FRONT GARDEN: Setting the property back from the pavement and gravelled for ease of maintenance with a path leading to the front door.


REAR GARDEN: A good sized rear garden, mainly laid to lawn with some tree planting and a sun terrace. Block built shed.


SIDE GARDEN: Laid to concrete and with side gated pedestrian access leading to the front of the property.


AGENTS NOTE: All mains services are connected.
Council Tax Band C
The property is constructed of majority stone with a later block built extension.
Mobile coverage from all major networks (source Ofcom).
Broadband Speeds from 20Mbps Standard and from 1800Mbps Ultra-Fast (source Ofcom).


ENERGY EFFICIENCY RATING: This property has been rate as E (50) with a potential rating of B (82).


Map location is not available for this property.

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

£ 250200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 7500
  • 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

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£

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

£ 25200
  • 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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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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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

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  • Final Equity Profit
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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