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£475,000 Guide Price
Bedrooms
Bathrooms
A beautifully presented three/four bedroom detached house, offering modern open plan living, garage, gardens and far reaching views towards the Blackdown Hills.
18 Comeytrowe Rise has been completely renovated and remodelled by the current owners and now provides a superb family home. The property has been rewired, replumbed, had new central heating and windows and is presented in excellent decorative order throughout. The accommodation comprises an entrance porch which leads to a hallway with storage cupboard, original parquet flooring and stairs rising to the first floor. A W.C. is also present and a door to the side gives access to a fabulous dual aspect living room, spanning the length of the house and flooded with natural light. To the rear an opening flows into a modern kitchen/dining room with island unit containing a number of integral appliances and a door gives access a utility, along with bedroom four/study. Upstairs are three double bedrooms with the principal bedroom enjoying his and her wardrobes, along with a modern family bathroom. To fully appreciate the finish, size and position of this superb property a viewing is highly recommended.
Comeytrowe Rise is located off Comeytrowe Lane in this favoured area on the southwest edge of the town with easy access to local amenities and being well placed for access to local schools and Musgrove Park Hospital. Taunton is easily accessible providing its extensive range of facilities. The town also provides access to the M5 and a mainline city rail link. The property enjoys a particularly favourable location within Comeytrowe with walking footpaths close by.
The property is approached off of Comeytrowe Rise onto a private driveway providing parking for several vehicles and access to a double length single garage. The front gardens are predominantly lawned an a side access leads to the rear where there is also a large lawned garden and a timber sun terrace, perfect for alfresco dining and summer entertaining.
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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