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£190,000
Bedrooms
Bathrooms
Two Bedroom End Terrace House | Garage and Driveway | Large Rear Garden | Located just 1.5 miles from Hereford | Double Glazing & Gas Central Heating | Sold with No Onward Chain
Located 1.5 miles south of the city in the popular residential area of Belmont, with great local amenities that include: Tesco, garage, pharmacy, doctors surgery and bus services. A wider range of amenities can be found in the city centre itself including restaurants, a range of shops, multiplex cinema, primary and secondary schools.
This 2-bedroom end-terrace house at 7 Yarlington Mill offers a fantastic opportunity for both first-time buyers and investors. The property benefits from a private driveway, garage, and a generous garden, making it an ideal home in a peaceful residential location.
As you approach the property from the quiet cul-de-sac, youll find a private driveway with space for two vehicles, in addition to a garage with an up-and-over door. The front garden is attractively paved and leads to a closed entrance porch, providing a welcoming first impression.
Upon entering the hallway, there is an opening into the kitchen, which enjoys a window overlooking the front of the property. The kitchen is fitted with traditional-style shaker units, complemented by laminate worktops, and includes an integrated fridge/freezer. There is also space for a cooker and washing machine, offering practicality and convenience.
The spacious living room is positioned at the rear of the house, with ample space for a small dining table and chairs. Sliding doors open directly onto the rear garden, creating a seamless flow between indoor and outdoor living. Stairs from the living room lead to the first floor.
On the first floor, youll find two well-sized bedrooms, including one double and one single, both with fitted wardrobes providing plenty of storage. The family bathroom features a traditional white suite, with a fitted bath and an electric shower over for added convenience.
The large rear garden is a standout feature of this property, offering much more space than expected for a property of this size. The garden includes a paved patio area, a lawned area, and a stoned section, all enclosed for privacy and security. There is also a rear door leading into the garage, providing additional access.
Further benefits of this home include double glazing and gas central heating throughout.
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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