2 bedroom semi-detached for sale

£235,000

2

Bedrooms

1

Bathrooms

Floorplan

Well-Presented Semi-Detached Home in Popular Knowle Location

Situated in a sought-after residential area of Knowle, this well-maintained semi-detached home offers spacious and versatile living ideal for a range of buyers.

The property welcomes you with a bright entrance hallway leading into a generously sized dual-aspect sitting roomperfect for relaxing or entertaining. The modern kitchen/dining room features contemporary units, along with a fitted oven, hob, and extractor fan, creating a stylish and functional space for everyday living.

A useful utility cupboard off the hallway provides space and plumbing for a washing machine and tumble dryer, as well as housing the gas central heating boiler.

Upstairs, the accommodation comprises a well-proportioned master bedroom and two additional rooms formed from the original second bedroomone of which is windowless, offering potential as a study, nursery, or dressing room. A sleek, modern bathroom completes the first floor.

Outside, the property benefits from a good-sized garden, which is largely paved and there is a substantial shed with plenty of storage options, and pedestrian access leading to a designated parking area.

Early viewing is recommended to appreciate the potential and location of this appealing home.

Living Room - 4.74 x 3.00 (156' x 910') -

Kitchen/Diner - 5.05 x 2.84 (166' x 93') -

Utility - 1.77 x 1.161 (59' x 39') -

Bedroom One - 4.16 x 2.99 (137' x 99' ) - Both at max (L Shaped)

Bedroom Two -

Bathroom - 2.83 max x 2.09 max (93' max x 610' max ) -

Tenure - Freehold -

Council Tax Band - A -



Features
  • Freehold

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

£ 184825

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
    £ 5875
  • 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

£ 8575
  • 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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