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£285,000
Bedrooms
Bathrooms
We are pleased to announce for sale this five double bedroom terraced property which would make an ideal family home or HMO (subject to planning). The property benefits from gas central heating and being UPVc double glazed and briefly comprises of: entrance hallway, lounge, dining room, sun room, and kitchen/ breakfast room to the ground floor. To the first floor there are three double bedrooms and a four piece family bathroom. To the second floor there are two more double bedroom and a further bathroom. The property also offers a good sized cellar. Externally there is a yard area. Viewing is highly recommended to appreciate the size, condition and potential of this property and can be arranged through our office or by calling .
Entrance Hallway - Door to front aspect, radiator, stairs to first floor, access to cellar, and original floor tiles.
Lounge - 5.13 x 4.25 (169' x 1311') - UPVc double glazed window to front aspect, feature fire place, and radiator.
Dining Room - 4.82 x 3.79 (159' x 125') - Radiator, and feature fire place. This room does require some finishing off.
Sun Room - UPVc double glazed window double doors leading to rear yard, UPVc double glazed skylight, and radiator. This rooms does require some finishing off.
Kitchen/ Breakfast Room - 6.87 x 2.95 (226' x 98') - UPVc double glazed windows to rear and side aspect, full range of wall and base units, sink unit with mixer tap, plumbed for washing machine, part tiled walls, radiator, and feature fire place.
First Floor Landing - Stairs to second floor.
Bedroom One - 5.65 x 4.21 (186' x 139') - Two UPVc double glazed windows to front aspect, two radiators, and feature fire place with multi fuel burner.
Bedroom Two - 4.85 x 3.81 (1510' x 125') - UPVc double glazed window to rear aspect, radiator, feature fire place, and under stairs storage cupboard.
Bedroom Three - 3.29 x 2.95 (109' x 98') - UPVc double glazed window to rear aspect, and radiator.
Family Bathroom - 3.39 x 1.66 (111' x 55') - UPVc double glazed window to side aspect, free standing bath, stand in shower cubicle, low level wc, pedestal hand wash basin, radiator, and tiled walls.
Second Floor Landing - Double glazed Velux Window.
Bedroom Four - 4.21 x 2.76 (139' x 90') - UPVc double glazed window to front aspect, double glazed Velux window, feature fire place, radiator, and loft access.
Bedroom Five - 4.23 x 2.77 (1310' x 91') - UPVc double glazed window to front aspect, double glazed Velux window, and radiator.
Second Bathroom - 3.01 x 1.49 (910' x 410') - UPVc double glazed window to rear aspect, bath with shower over, low level wc, pedestal hand wash basin, heated towel rail, and part tiled walls.
Cellar - UPVc double glazed window to front aspect, radiator, combi boiler, and sink.
External - Enclosed rear yard with brick wall boundaries, and gate access to alleyway.
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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