3 bedroom semi-detached for sale

£295,000

3

Bedrooms

Floorplan

SEMI DETACHED HOUSE, THREE BEDROOMS. LOUNGE. DINING ROOM. FITTED KITCHEN. FITTED BATHROOM. UPVC DOUBLE GLAZING. CENTRAL HEATING. GARAGE ' GUESTS CLOAKROOM. OFF ROAD PARKING. FRONT AND REAR GARDENS. FREEHOLD ' CONSERVATORY. NO UPWARDS CHAIN We are pleased to offer this spacious three bedroom semi detached family home in a quiet cul-de-sac in the centre of this popular village. This property is within easy access to the M6/M42 motorway junctions and a short walk to the railway station, therefore ideal for the commuter. This family home benefits from having a lounge and separate dining room, fitted kitchen and bathroom, guests cloakroom, conservatory, garage and off road parking. There is UPVC double glazing, gas fired central heating and solar panels. Having the additional benefit of NO UPWARDS CHAIN this property comes highly recommended. Entrance to the property is via a UPVC panel glazed door into an enclosed porch with a further door into the: Hallway with a UPVC double glazed window. Central heating radiator. Timber laminate flooring. Cloak cupboard. Door to a Guests cloakroom with a white low flush toilet, wash hand basin and a central heating radiator. Door with access to the side and rear garden. Staircase. Door to the Lounge and a further door into the: Garage 15 5 x 8 2 with an up and over door. UPVC Window. Power and light points. Lounge 16 4 x 11 7 Having a large UPVC double and secondary glazed window. Double central heating radiator. Timber fire surround housing a coal effect fire. Understairs storage cupboard. Folding glazed timber door into the: Dining Room 10 9 x 9 5 With a UPVC double glazed and secondary glazed window into the Conservatory. Central heating radiator. Archway into the: Kitchen 9 3 x 8 5 Fitted with single and double floor and wall mounted storage cupboards with roll top work surfaces and tiling. Single stainless steel sink unit and drainer with mixer taps. Space and fittings for a gas cooker, with extractor hood over, dishwasher and fridge. Pantry housing a new Worcester central heating boiler. UPVC double glazed window and door into the: Conservatory 17 3 x 8 4 Brick and UPVC framed construction with double glazed windows and patio doors with a further door to the side. Central heating radiator. Stairs off the hallway to the first floor landing. UPVC double glazed window to the side. Built in storage cupboard. Access to the loft space. Doors off to: Bedroom 1 11 2 x 9 4 With a UPVC double glazed window overlooking the rear garden. Mirror door wardrobes to one wall. Central heating radiator. Bedroom 2 11 6 x 10 6 Having a UPVC double glazed window overlooking the front. Built in wardrobes. Central heating radiator. Bedroom 3 (L Shaped) 8 6 x 8 7 x 5 5 UPVC double glazed window overlooking the front. Central heating radiator. Storage cupboard. Bathroom 8 x 6 1 Fitted with a Champagne coloured suite comprising of a panelled bath with mixer shower over. Low flush toilet and a wash hand basin set over fitted storage units. Full height tiling to all walls. Two UPVC double glazed windows. Sunken spot lights to ceiling. Central heating radiator. Outside: Front: Laid to lawn with flower borders and a off road parking area. Rear: Paved patio area with a lawn having mature flower borders and timber fencing to the boundaries. Path to side entrance. Services: All mains services are connected. Council Tax: Band D. EPC: TBA Solar Panels are fitted to the roof of the property providing cheap electricity and also feeding the grid. The panels are leased and information is available via the vendors solicitor. We are advised by our client that this property is Freehold Viewing is strictly through the Agents on (01675) 466708 or e-mail sales@houseandhome.biz

Features
  • Freehold

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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

£ 246075

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 7375
  • 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

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£

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

£ 24825
  • 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.

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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

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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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