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£315,000
Bedrooms
Bathrooms
This spacious Semi-detached property is nestled in a peaceful corner of the sought-after Hollins Green estate, perfect for those looking for a serene retreat. Upon entering, you are greeted by a welcoming entrance hall with convenient w.c cleverly tucked away under the stairs. The elegantly designed lounge boasts an electric fire and a bay window, offering a cosy space to relax. The modern dining kitchen is a chefs delight, featuring integrated appliances including an oven, hob, fridge, freezer, microwave, and dishwasher. The original garage has been ingeniously transformed to provide additional kitchen space, along with a versatile reception area which can double as an office, catering to the needs of a growing family or those working from home.
Ascending to the first floor, you will find three well-appointed bedrooms and a contemporary bathroom, offering comfort and style. Outside, the property impresses with ample parking for up to three vehicles, ensuring convenience for both residents and guests. The rear garden is a tranquil oasis, designed for low-maintenance living and perfect for enjoying al fresco dining or simply unwinding in a peaceful setting after a long day. With its blend of modern comforts, clever design features, and beautifully landscaped exterior, this property offers a harmonious balance of style and functionality for discerning buyers looking for a place to call home.
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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