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£585,000 Offers in excess of
Bedrooms
Bathrooms
AN INCREDIBLY RARE OPPORTUNITY TO PURCHASE THIS BEAUTIFUL VICTORIAN SEMI DETACHED, WITH AN UNUSUALLY LARGE PLOT, AND OWN DRIVEWAY, SITUATED CLOSE TO THE CENTRE.
ENTRANCE HALL: Stairs to landing, pine floorboards.
RECEPTION 1: 11.8 x 10.7 (3.56 x 3.23m) (plus bay), Double glazed, radiator, pine floorboards, arch to;
DINING AREA: 15.1 x 12.1 (4.6 x 3.68m), Exposed brick fireplace, fitted log burner, double glazed folding patio doors to;
CONSERVATORY: 10 x 7.11 (3.05 x 2.41m), Radiator, double glazed window and doors to rear garden, laminate wood floor.
KITCHEN: 9.9 x 9.4 (2.97 x 2.84m), Good range of base and wall cupboards, drawers and laminated worksurfaces, gas cooker point, plumbed for automatic washing machine, laminate wood floor.
BATHROOM: 7.1 x 6.11 (2.16 x 2.11m), Radiator, double glazed, panelled bath with shower attachment, low level W.C. and wash hand basin, cupboard housing gas central heating boiler, tiled floor.
LANDING: Storage cupboard, access to insulated loft and ladder.
BEDROOM 1: 14.6 x 11.9 (4.42 x 3.58m), Double glazed, radiator, built in wardrobes.
BEDROOM 2: 12.3 x 11.8 (3.73 x 3.56m), Double glazed, radiator, built in wardrobes.
BEDROOM 3: 10.1 x 9.6 (3.07 x 2.9m) Double glazed, radiator, built in cupboard.
OUTSIDE
OWN DRIVEWAY TO: 6 (1.83m) widening to 11.10 (3.61m)
DOUBLE GARAGE: 20.3 x 15.8 (6.17 x 4.78m) Double doors.
GARDENS: Of excellent size, with large patio, raised flower borders, lawns and mature trees to the rear.
LARGE SHED: 16.4 x 16.2 (4.98 x 4.93m).
COUNCIL TAX BAND: D - 2086 p.a.
EPC RATING: D
TOTAL FLOOR AREA: 114 Sq. Mtrs.
STAMP DUTY PAYABLE: 19,250
48,500 (If the purchase results in owning two or more properties).
VIEWING: By appointment through this office only on . We are open Monday to Friday 9.00am till 6.00pm and Saturday 9.00am till 4.00pm.
PROPERTY MISDESCRIPTIONS ACT: For clarification, we wish to inform prospective purchasers that we have not carried out a detailed survey, nor tested the services, appliances and specific fittings for this property. Your solicitor should check any rights of way or planning permission for any extensions which may have been carried out.
Map location is not available for this property.
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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