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£325,000 Guide Price
Bedrooms
Bathrooms
Stunning 2 Bed Detached House' OPEN PLAN KITCHEN/LIVING AREA' SEPARATE UTILITY ROOM' GROUND FLOOR WET ROOM' GARDEN'
Accommodation comprises: Ground floor, entrance hall, utility room, open plan kitchen/living area, wet room. First floor, landing, bedroom one, ensuite, bedroom two. Outside. private rear garden. Parking to front of house.
This lovely property boasts a contemporary open plan lay out. It also benefits from two bathrooms, a Wet Room on the ground floor and an En-Suite on the first floor .Well presented and maintained throughout.Under floor heating has been installed on the ground floor. This is great under foot and economical to run.This charming property has a wow factor and needs to be viewed to fully appreciate. Located in the popular town of Bletchley.
Within a short distance to Bletchley mainline train station and Town centre. Bletchley train station offers services into London Euston whilst the area also has major road links both to the M1 and the A5. Bletchley offers a choice of independent retailers along with Asda, Tesco and Ikea super stores. The new MK1 centre is only a 5 minute drive away and there you will find a choice of High street stores, a restaurant zone and Odeon cinemas new flagship multiplex cinema along side Stadium MK home of the MK Dons football team.
The Centre MK is approximately 5 miles away and is one of Europe`s premier shopping destinations where you will also find the Xscape building home to the ski-dome with its night life and cinema complex as well as Milton Keynes Theatre and the Theatre district with an array of bars and restaurants.
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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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