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£375,000 Offers in excess of
Bedrooms
Bathrooms
Hortons are delighted to present this beautifully maintained five-bedroom house, located in the popular area of Hamilton. Situated close to local amenities including Sainsburys and Tesco, nearby schools such as Hope Hamilton, and various places of worship, the property benefits from excellent transport links with multiple bus routes and major roads conveniently located nearby.
Upon entering the property, you are welcomed into a spacious entrance hall with access to the kitchen, a through lounge that serves as both a living and dining area, and a downstairs WC. The through lounge stretches from the front to the rear of the house, providing a bright, open space with easy access to the kitchen via an additional internal doorway. The kitchen can also be accessed directly from the entrance hallway and the side of the property, offering both convenience and functionality.
The first floor features three well-sized bedrooms, including two generous doubles and one single (currently used as a study), all served by a family bathroom. On the second floor, youll find two further double bedrooms, both with en-suite shower rooms.
Externally, the property offers the benefit of a driveway to the side, leading to a single garage. The rear garden has a very private outlook, and is mostly laid to lawn.
This property is a must-see for families looking for space, convenience, and a highly sought-after location.
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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