3 bedroom semi-detached for sale

£450,000 Guide Price

3

Bedrooms

2

Bathrooms

Floorplan

''' CHAIN FREE ''' GUIDE PRICE 450,000 - 470,000 ''' OPEN DAY THIS WEEKEND '''

Stop looking for your next home as here it is! This beautiful EXTENDED home has been renovated by its current owners to a high standard making it a gorgeous home for you just to move and settle into.

You have your separate reception room as you walk in, next to a DOWNSTAIRS W/C, where you then walk through to an bright and airy open plan kitchen / dining area. The Velux Windows add even more light leading you out through the bi-folding doors out on to the newly paved GARDEN.

The beauty with this home is not only is it in the sought after WORCESTER PARK DEVELOPMENT but you have the potential and approved plans ready to make this property a x4 BEDROOM home, including an EN-SUITE SHOWER ROOM, along with a STUDY.

There is ample transport links in the vicinity with the location of the home being very close to Bluewater Shopping Centre and Greenhithe Train Station.

Contact Hunters now for your personalised viewing slot!

Reception Room - 4.50mx3.48m (149x115) -

Kitchen / Dining Room - 7.01mx4.50m (230x149) -

Garden - 7.62mx7.57m (250x2410) -

Bedroom - 3.99mx2.69m (131x810) -

Bedroom - 3.51mx2.51m (116x83) -

Bedroom - 2.57mx1.75m (85x59) -

Map location is not available for this property.

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

£ 373950

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
    £ 11250
  • 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

£ 36450
  • 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

Adjust these figures

  %
  %
£
  %

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

Adjust these figures

  %

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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