Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£230,000 Guide Price
Bedrooms
Bathrooms
A well-presented and well laid out, this 2 bedroom modern home with 3 years remaining on the NHBC guarantee is well located and would be an ideal first time buy or investment. A viewing is highly recommended.
Greenslade Taylor Hunt are pleased to offer this well-presented two bedroom modern property in Monkton Heathfield. The property is in good condition and benefits from having gas central heating and double glazing. Externally you have off road parking for one car with the potential to make two and a private enclosed rear garden with rear access. The accommodation briefly comprises of an entrance hall, W.C., lounge/diner, modern fitted kitchen/breakfast room. Access can be gained to the rear garden via French doors, two double bedrooms, served by a family bathroom. This home is ideal for a small family as you are in walking distance of the local primary school and secondary school, investors and first time buyers alike.
The property is located within this highly favoured residential area of Monkton Heathfield. The property itself is within a short walk of Monkton Wood Academy and West Monkton Primary School. There is a local public house, village hall and convenience store. The property is within a short drive of Taunton and the Bridgwater and Taunton Canal is also a short walk away providing a picturesque route into Taunton town centre. The County Town of Taunton provides an extensive range of shopping, educational, sporting and cultural facilities. Access to the M5 motorway can be joined at Junction 25, just a drive from the property. The cities of Exeter and Bristol can be found both hosting international airports. Taunton also boasts a mainline intercity rail link direct to London Paddington.
The property is approached by one parking space. The private enclosed rear garden is mainly laid to lawn with rear access. There is a patio area which is ideal for alfresco dining and summer entertaining. A gravel area gives access to the rear of the garden.
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
