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£250,000 Offers over
Bedrooms
Bathrooms
Welcome to this charming three-bedroom, mid-terraced house located in the heart of the town centre, offering a delightful blend of character and potential for further improvement.
Currently, this property is a part of the vibrant Evesham rental market, generating an attractive rental income of 1,000 per calendar month under an Assured Shorthold Tenancy (AST).
Boasting a convenient town centre location, this period home presents an excellent opportunity for both investors and homeowners alike to add their personal touch to this residence.
From hosting al fresco gatherings to creating your own landscaped oasis, the enclosed rear garden offer many possibilities. The outhouse nestled within the garden provides ample storage space for all your outdoor essentials.
Contact our friendly sales team today to arrange your viewing.
About the Area
Evesham is a market town situated ideally just north of the Cotswolds, a protected landscape, and Area of Outstanding Natural Beauty. Evesham itself provides a wealth of amenities, schools, performing arts venues, community events and good commuting access. This property enjoys an enviable location, situated close enough to the town centre to benefit from amenities but with ease of access onto the A44 or A46 roads.
The Vale of Evesham is notorious for its fruit and vegetable growing, with annual asparagus sales and plum festivals as well its medieval heritage, commemorated by the ever growing and popular Battle of Evesham event that takes place in August each year. Evesham is home to an independent cinema, a choice of arts venues offering regular live shows and a good choice of independent and chain retail stores, public houses and eateries. For the sporting orientated, there are a great selection of clubs including a rowing club which has had a famous Olympic athlete oar their way to success from! There are numerous clubs to get involved with to suit every hobby or future professional!
There is good access to healthcare, with four GP surgeries that cover the area and a minor injuries unit located in the centre. There are local pharmacies and dentists that also provide good service to the area.
For the commuters, Evesham has a train station located centrally that provides great direct access to the nearby city of Worcester or through to London (Paddington). There are regular bus routes through to the surrounding villages, within Evesham or a further afield to nearby towns such as Stratford upon Avon or Redditch.
Important Notes
Planning enquires concerning the property and surrounding area can be made with Wychavon District Council.
Environmental enquires concerning the property and surrounding area can be made with Environment Agency.
Broadband inquiries at the property concerning its availability and estimated strength and download speeds can be made with BT.
Misrepresentation Act: These particulars are prepared with care but are not guaranteed and do not constitute, or constitute part of, any offer or contract. Intending purchasers must satisfy themselves of these particulars accuracy by inspection or otherwise, since neither the seller nor Johnsons shall be responsible for statements or representations made. The seller does not make or give, and neither Johnsons nor any person in their employment, has any authority to make or give any representation or warranty in relation to this property.
We endeavour to make the sales details accurate, if there is any matter(s) that is particularly important to you, please check with us prior to travelling any distance to view the property. Johnsons are unable to comment on the state of repair or condition of the property or confirm that any services equipment or appliances are in satisfactory working order. Reference to tenure is based upon information supplied by the vendor. Fixtures and fittings not included.
Johnsons Property Consultants reserve the right to earn a referral fee from third party providers, if instructed.
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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