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£190,000
Bedrooms
Jan Forster Estates are pleased to present to the market this three bedroom semi detached property on Knoll Rise. Located within a desirable part of Dunston, this home will appeal to a variety of buyers.
The property briefly comprises:- entrance hall, lounge with feature fireplace and bay window, dining room which looks out on to rear garden, and kitchen with fitted wall and floor units leading to the utility room. To the first floor, there are three good-sized bedrooms; the main benefitting from built-in storage, and there is a bathroom with separate WC. As you would expect the property comes with gas central heating and also has UPVC double glazing throughout.
Externally there is an easy-to-maintain garden to the front with driveway providing off street parking leading to the integral garage, and a delightful patio garden to the rear looking out over Gateshead and beyond.
An overall great location to live in and enjoy. Interested parties are urged to arrange a prompt and essential internal viewing. For more information and to book a viewing, please contact our sales team on[use Contact Agent Button].
Tenure
The agent understands the property to be freehold. However, this should be confirmed with a licenced legal representative.
COVID-19 Guidelines
Although it is not mandatory, we do recommend that viewers wear appropriate PPE to protect themselves and others.
Council Tax band *C*
Lounge - 4.61 x 3.45 (151" x 113") -
Kitchen - 2.71 x 3.10 (810" x 102") -
Dining Room - 2.81 x 3.13 (92" x 103") -
Utility Room - 2.85 x 2.35 (94" x 78") -
Bedroom One - 3.49 x 3.62 (115" x 1110") -
Bedroom Two - 3.49 x 3.50 (115" x 115") -
Bedroom Three - 2.34 x 2.64 (78" x 87") -
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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