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£187,500 Guide Price
Bedrooms
Bathrooms
A two double bedroom coach house benefitting from a garage and driveway. Situated on the western side of Yeovil.
54 Falcon Road is a two bedroom coach house benefitting from gas central seating and double glazed windows. Located on a popular development on the western fringe of Yeovil, it is close to local amenities to include, primary and secondary schools, shops, a public house and a vet.
To the front of the property is the private entrance hall which gives access to a porch with a door to the integral garage. Stairs lead to the first floor landing off which is the spacious open plan living kitchen/sitting/dining room. The kitchen has a range of fitted wall and base units together with an electric oven and hob. Due to its dual aspect windows this area benefits from plenty of natural light. Off the hallway there are two well-proportioned double bedrooms and a family bathroom.
SERVICES & OUTGOINGS
We understand that mains electric, gas, water and drainage are connected to the property. Gas fired central heating.
Council Tax: Somerset CouncilBand B.
ADDITIONAL INFORMATION
Broadband: FTTPUltrafast full fibre broadband is availablehighest available download speed 1600 Mbps, highest available upload speed 115 Mbps. (Openreach).
Mobile Coverage: Available via EE, O2, Three and Vodafone. For an indication of specific speeds and supply or coverage in the area we recommend contacting your own provider.
Flooding: The property is in an area at a very low risk from River/Sea and Surface Water flooding (defined as the chance of flooding each year as less than 0.1%).
The property is situated on the popular Agusta Park Development on the western side of Yeovil.
Yeovil is a commercial town surrounded by beautiful countryside offering good shopping, business, cultural and leisure activities along with an excellent range of restaurants and bars.
There are excellent transport links as Yeovil is situated within easy reach of the A303 and has two mainline railway stations, namely Pen Mill and Yeovil junction, both of which offer services to London.
The front door to the property is accessed via the parking area where there is parking for one to two cars. The garage, which has power and light, can also be accessed from here.
To the rear of the property there is a small grassed area and a door to the useful storage cupboard.
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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