3 bedroom semi-detached for sale

£240,000 Offers in excess of

3

Bedrooms

1

Bathrooms

2

Reception

NO CHAIN SPACIOUS SEMI DETACHED PROPERTY WITH AMPLE PARKING This property is close to Bolton School and major transport links are accessed easily from this location. VIEWING HIGHLY RECOMMEDED. PLEASE CALL 01942 814666. The property comprises Entrance Hallway, spacious living accommodation with Living Room, Dining Room and Kitchen Breakfast Area, The first floor has 3 bedrooms, family bathroom and a separate WC. Externally the property has gardens to both the front and rear and has a driveway providing ample parking for several cars. COUNCIL TAX BAND D

ENTRANCE HALLWAY
Entered via upvc door leading to hallway with stairs to the first floor. Wood laminate floor gas central heating radiator, power points central light fitting.
LIVING ROOM
Spacious and light room with double glazed bay window to the front, wood laminate flooring, heated with gas central heating radiator, power points, central light fitting double internal doors to dining room
DINING ROOM
Spacious room with french doors double glazed to the rear, wood laminate flooring, heated with gas central heating radiator, power points, central light fitting
Kitchen/Breakfast Room
Lengthy room providing ample cooking area to the kitchen and a spacious breakfast bar area . The kitchen is fitted with wall and base units with complementary worksurface. Double sink unit with basin and draining, built in oven, fitted gas hob with extractor hood over, space allocated and plumbed for washing machine and dryer, The breakfast bar area has space for fridge and freezer, the floor is tiled and the walls are part tiled. Central light fittings, gas central heating radiator, power points. There is a UPVC door to the rear and three double glazed windows providing ample light.
LANDING
Access provided to 3 bedrooms bathroom and separate WC, loft access, central light fitting, power points.
MASTER BEDROOM
Located at the front of the property with bay windowthis room provides a spacious sleeping area, heated with gas central heating radiator, central light fitting, power points.
BEDROOM TWO
Located to the rear of the property a good sized room which will accommodate a double or two single beds, double glazed window, gas central heating radiator. power points, central light fitting
BEDROOM THREE
Single room located at the front of the property, a good sized room, double glazed window, gas central heating radiator, power points, central light fitting.
BATHROOM
Fitted with panel bath separate shower unit, wash hand basin, the walls are part tiled, vinyl floor, double glazed window to the side, central light fitting.
WC
Separate WC with window to the side elevation, central light fitting, vinyl floor.
EXTERIOR
To the front and side is a flagged driveway providing parking for several cars leading to a detached garage, there is a lawned area to the front enclosed with a brick wall.To the rear is a good sized garden which is part grassed and has a patio seating area, in addition there is a decking adjacent to the patio doors from the dining room, The rear is enclosed with fencing.

Nearest Stations:

1.36 miles
Bolton
1.52 miles
Lostock
2.27 miles
Hall I' Th' Wood
2.81 miles
Moses Gate
3.11 miles
Westhoughton

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

£ 188700

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
    £ 6000
  • 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

£ 8700
  • 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
    £

    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

£

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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