1 bedroom house for sale

£260,000

1

Bedrooms

1

Bathrooms

Floorplan

NO CHAIN - A GROUND FLOOR ONE BEDROOM FLAT WITH GARDEN - Kenyons are pleased to offer for sale this one double bedroom flat which forms part of this character period property and offers good size rooms and benefits include; double glazed windows, gas central heating, off street parking and its own rear garden. Ideally located on the boarders of Carshalton and Carshalton Beeches and is within of a mile from Carshalton town centre which offers a good range of shopping, leisure and transport facilities including various bus routes within walking distance and both Carshalton and Carshalton Beeches mainline train stations.

VIEWING RECOMMENDED

' OWN ENTRANCE ' ENTRANCE HALL ' LOUNGE '
' KITCHEN ' DOUBLE BEDROOM ' BATHROOM '
' GOOD DECORATIVE ORDER THROUGHOUT '
' OFF STREET PARKING ' OWN GARDEN '
' SHARE OF FREEHOLD '
' SOLE AGENTS '

ACCOMMODATION:

OWN ENTRANCE: Located at the side of the property (accessed via Wales Avenue).

ENTRANCE HALL: 63 x 60. Radiator, laminate floor.

LOUNGE: 154 x106. Radiator, laminate floor, patio door to garden.

KITCHEN: 91 x 60. Range of base and eye level units, work-surfaces, tiled splash-backs, sink unit, built-in oven with separate hob and extractor above, space for under-counter fridge, space for washing machine, tiled splash-backs, wall mounted combination boiler (fitted March 2024) laminate flooring, double glazed window.

DOUBLE BEDROOM: 129 x 98. Double glazed windows, radiator, laminate flooring.

BATHROOM: With white suite comprising panel enclosed bath, pedestal wash hand basin, low flush W.C., part tiled walls, radiator.

OUTSIDE:

OWN REAR GARDEN: Area of lawn, patio area, gravelled area.

OFF STREET PARKING: Located at the rear of the garden access via driveway off Wales Avenue

TENURE: Leasehold. We have been informed by the vendors that the property is offered for sale with a share of the freehold. However prospective purchasers are advised to check these details with their solicitors.

NOTICE TO PURCHASERS: Kenyons Estate Agents and their staff have not carried out any tests to any items mentioned within these details, which include services such as heating, electrical system, appliance or any fixture and fittings. We would advise purchasers to satisfy themselves as to their condition. Furthermore, please note that a Laser Tape measuring device has been used to establish the room dimensions which should not be relied upon when ordering carpets.

MAKING AN OFFER:

ALL OFFERS MUST BE SUBMITTED IN WRITING - Please submit your offer via email. If you have any queries, please contact us.

With your offer we will need the following details/information from you.

1)Contact Details - Your Name, Address, Phone Number and Email Address
2)Proof of ID - Either copy of - Passport or Photo Driving Licence
3)The amount you are offering for the property
4)Details of your position - (are you a first time buyer, do you have a property to sell - if you have your own property under offer we will need the details of the estate agent you are selling through)
5)Details of how you will be financing the purchase. (Are you a cash buyer or if you need a mortgage). Who you will be getting a mortgage from - the amount you will need to borrowing and how much deposit you will be putting into the property.
6)Proof of funding to include a copy of a mortgage agreement & proof of deposit amount. If you are a cash buyer we will need to see copies of statements or a letter from your solicitors confirming you have cash funds available.

Once we have the above information, we can then submit your offer to the vendor for consideration.

NOTICE TO PURCHASERS: Kenyons Estate Agents and their staff have not carried out any tests to any items mentioned within these details, which include services such as heating, electrical system, appliance or any fixture and fittings. We would advise purchasers to satisfy themselves as to their condition. Furthermore, please note that a Laser Tape measuring device has been used to establish the room dimensions which should not be relied upon when ordering carpets.

Kenyons - Established 1984 Celebrating over 40 Years of successfully selling and letting properties



Features
  • Freehold

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 217200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 6500
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 22200
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

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  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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