2 bedroom semi-detached for sale

£320,000 Guide Price

2

Bedrooms

1

Bathrooms

Floorplan

HOUSE & SON House & Son - Residential Sales, Lettings, Property Management, Surveys & Valuation
Leading Independent Property Professionals Since 1939.

A brand new luxury development for a pair of two double bedroom semi detached houses in a cul-de-sac setting. Upon entering the cul-de-sac, the new built pair of semi detached houses sit proud to the cul-de-sac directly ahead. Your eye is met with clean brick elevations of these homes, block paved driveways and landscaped gardens.

Upon entering those new houses, there is a crisp feel throughout. The entrance lobby affords for shoes and coats. The ground floor WC is well appointed from the half tiled walls, enclosed floating WC. Electric heated towel rail. and vanity unit with inset wash hand basin. The entrance lobby access into the living room. A feature high specification room with a modern contemporary kitchen/dining and living area. There are double glazed French doors to rear with direct access and view over the landscaped private garden to rear.

The developer has really thought of the colour scheme, which gives an overall fresh and modern look. In the dining area, there is a double glazed window to side, a generous understair storge closet and the high specification kitchen with integrated appliances to finish. The quartz work top surfaces and upstands to complement the modern clean line kitchen cabinets. Further double glazed window to front with view over the cul-de-sac.

The stairs to the first floor landing is accessed from the entrance lobby. A communicating landing with access to loft. Airing cupboard with Air Source Water Cylinder. There are two double bedrooms and luxury finished bathroom with choice tiling. The modern fitments comprising of a three piece suite, all the usual refinements including night light sensor.

The rear garden is easy maintenance and sunny aspect with Indian sand stone patio. Outside tap and outside power point.

A really well appointed, planned and built home for the modern couple or family. Highly recommended.

ENTRANCE

ENTRANCE LOBBY 5 4' x 3 6' (1.63m x 1.07m)

GROUND FLOOR WC 4 6' x 3 6' (1.37m x 1.07m)

OPEN PLAN LIVING/DINING ROOM/KITCHEN 33 6' x 12 0 max' (10.21m x 3.66m)

STAIRS TO FIRST FLOOR

BEDROOM ONE 12 7' x 9 4' (3.84m x 2.84m)

BEDROOM TWO 12 0' x 10 5' (3.66m x 3.18m)

BATHROOM 5 2 max' x 7 11 plus bath recess' (1.57m x 2.41m)

OFF ROAD PARKING

REAR GARDEN

FINISHING TOUCHES - 10 year building warranty.
- LVT flooring.
- Carpeted.
- Luxury kitchen with integrated appliances including cooker filter hood, fridge/freezer, washing machine and dishwasher.
- Stone quartz work top surfaces and upstands.
- Recessed LED lighting.
- Quantum duplex heating system.
- Air source water system.
- Modular internal doors.
- Easy turf lawned rear garden..
- Block paved driveway.


EPC Predicted EPC rating - C.

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

£ 266700

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
    £ 8000
  • 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

£ 26700
  • 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

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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
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

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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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