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£235,000 Offers in excess of
Bedrooms
Bathrooms
This detached property, now listed for sale, offers an excellent opportunity for those looking to shape their dream home. The property is in need of modernisation, providing an ideal canvas for buyers to add their personal touch and style.
The accommodation includes a total of three bedrooms, providing ample space for a growing family or for hosting guests. A single bathroom caters to the needs of the household. The property also boasts two reception rooms, offering the flexibility to use one as a formal dining room or a cosy family room, depending on your needs.
The kitchen is spacious and waiting for your vision to transform it into a culinary haven. With one kitchen, meal preparations can be kept separate from other living areas, maintaining a relaxed environment throughout the home.
The home is complete with a number of unique features including parking and a single garage, adding to its appeal. This property is available without any upward chain, a benefit for those looking to move swiftly.
Situated in a location that offers excellent public transport links, it is ideal for commuters. Local amenities are nearby to meet your daily needs, and families will appreciate the proximity of schools in the area.
In summary, this property presents a fantastic opportunity to create a home that suits your lifestyle and taste. Its location and unique features make it an investment worth considering.
EPC rating: E. Tenure: Freehold,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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