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£225,000
Bedrooms
Bathrooms
We are pleased to announce for sale this two bedroom semi detached bungalow which is positioned in a small cul-de-sac and is ready to move straight into. The property benefits from gas central heating and being UPVc double glazed and briefly comprises of: entrance hallway, large lounge, conservatory, kitchen, two bedrooms and a shower room. Externally the property is set on a good sized plot with gardens to the front and rear with a driveway leading to a detached garage. Viewing is highly recommended to appreciate the size and position of this property and can be arranged through our office or by calling .
Entrance Hallway - UPVc door, laminate flooring, radiator, and storage cupboard.
Lounge - 6.25 x 3.42 (206' x 112') - UPVc double glazed double doors leading into conservatory, feature fire place with electric fire, laminate flooring, and radiator.
Kitchen - 3.35 x 2.97 (1011' x 98') - UPVc double glazed window to rear aspect, UPVc door to rear, full range of wall and base units, stainless steel sink, integral gas hob and electric oven with over head extractor fan, plumbed for washing machine, and part tiled walls.
Conservatory - 2.98 x 2.94 (99' x 97') - UPVc double glazed door and window to rear garden, radiator, and ceramic floor tiles.
Bedroom One - 3.78 x 3.37 (124' x 110') - UPVc double glazed window to front aspect, range of fitted wardrobes, and radiator.
Bedroom Two - 3.36 x 2.42 (110' x 711') - UPVc double glazed window to front aspect, and radiator.
Shower Room - 2.33 x 1.93 (77' x 63') - UPVc double glazed window to side aspect, stand in shower cubicle, low level wc, vanity sink unit, radiator, ceramic floor tiles, and tiled walls.
External - Gardens to the front and rear with the front being mostly laid to lawn with driveway leading down the side of the property to a detached garage. To the rear is an enclosed garden which is not directly overlooked and consists of both lawn and patio areas, with fenced boundaries.
Garage - Up and over door, power and lighting, and door access to rear garden.
Map location is not available for this property.
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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