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£275,000 Guide Price
Bedrooms
Bathrooms
**guide price 275,000 to 300,000**
**beautifully presented detached property on A corner plot on bourne court in staincross, barnsley** Gates Estates are excited to bring to the market this fantastic property in an ideal location for transport and commuter links. Briefly comprising of living room, kitchen, 4 bedrooms, 2 bathrooms and large wrap around garden.
Ground Floor
Entrance Hallway
14 8 x 5 8 (4.48m x 1.74m) A welcoming hallway which is carpeted and provides access to the first bedroom, living room, kitchen and first floor.
Living room
23 9 x 14 8 (7.26m x 4.48m) A spacious living room which has a large double glazed bay window and sliding double glazed doors leading out to the rear garden. The flooring is carpeted and there are also radiators present.
Kitchen
8 7 x 13 11 (2.63m x 4.26m) A spacious kitchen to the rear of the property which has ample wall and base units incorporating a spacious worktop with 1.5 sink and drainer electric oven and built in double electric oven. The flooring is tiled and there is a radiator, double glazed window and access out to the rear garden.
Bedroom One
9 10 x 7 7 (3m x 2.34m) A spacious double bedroom on the ground floor with two double glazed windows, carpeted flooring, radiator and access to its own bathroom.
En-suite
4 2 x 7 7 (1.29m x 2.34m) A spacious En-suite which has a low flush WC, pedestal wash basin and bath tub.
First Floor
Landing
This is carpeted and provides access to 3 bedrooms and the master bathroom.
Bedroom Two
11 1 x 13 1 (3.4m x 4m) A spacious double bedroom to the front of the property which has carpeted flooring, radiator and double glazed window.
Bedroom Three
13 5 x 10 10 (4.09m x 3.31m) A spacious double bedroom also to the front of the property which has radiator, carpeted flooring and double glazed window.
Master bathroom
7 3 x 10 7 (2.21m x 3.25m) A spacious bathroom to the rear of the property which has tiled flooring and walls including radiator and 2 double glazed windows. There is a low flush WC, pedestal wash basin, large bath tub and separate shower cubicle.
Bedroom Four
12 1 x 13 0 (3.7m x 3.98m) A further spacious double bedroom to the rear of the property which has carpeted flooring, radiator, double glazed window, storage cupboard and fully integrated wardrobes.
Exterior
External
The property sits on a spacious corner plot on this beautifully presented road. It has a full wrap around, front to back garden which is mainly laid to lawn and also has large patio area to the rear. There is a good sized block paved gated driveway to the front also.
Material Information
Council Tax Band :D
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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