2 bedroom park home for sale

£145,000 Offers in excess of

2

Bedrooms

1

Bathrooms

2 Bed, 2 car parking spaces, gardens front and rear.
Approximately only 10 years old.
Council tax band A
Stunning location

Property
This 2 bedroom park home is located in a beautiful setting with gardens and parking. The rear garden has 2 metal sheds, one with electric supply.
The property is presented to an immaculate standard ready for someone to move straight in.
The property is double glazed and central heated.

Kitchen, lounge 2 bedrooms and bathroom.
This is a must see property.
Ground rent fees of 208.00 PCM
EPC Exempt and Council tax band A


Entrance Hallway
Entrance to the property is via a double glazed door to the side of the property.
The hallway leads to all bedrooms and bathroom, further double glazed window to the side.
Laminate flooring and radiator.
Recessed spotlights..


Kitchen - 71' (2.16m) x 119' (3.58m)
Matching range of base and wall units with integrated fridge freezer and washing machine.
One wall cupboard houses the central heating and hot water system.
Built in cooker with hob and extractor over.
Double glazed windows to both side of the kitchen allowing a good degree of natural light in.
Range of ceiling spotlights.

Lounge - 118' (3.56m) x 1110' (3.61m)
A wonderfully presented room, with Double glazed windows to the front and side elevations.
The double glazed windows to the front elevation are a particular feature of this room, with being full height.
Further double glazed patio doors to the side elevation.
Modern electric fire to one elevation.
2 Radiators.
Ceiling spotlights.

Bedroom 1 - 98' (2.95m) x 87' (2.62m)
Range of built in bedroom furniture incorporating mirror fronted wardrobes, dressing table and bedside cabinets.
Dual aspect room with double glazed window to the side and rear elevation.
Radiator.


Bedroom 2 - 78' (2.34m) x 78' (2.34m)
Range of built in bedroom furniture incorporating overhead storage.
Double glazed widow to the side elevation.
Radiator
Loft Access.

Bathroom
This fully tiled bathroom has a matching suite of panelled bath with mains fitted shower over. Low Level WC and pedestal wash hand basin with cupboards under and mirror above.
Double Glazed frosted window to the side elevation.
Radiator.

Outside front
The property has parking for 2-3 cars to the front of the property with pathways leading either side of the property.


Outside rear
Walking to the rear of the property you are welcomed to your own little oasis of calm.
A lawned area bordered by fencing, additional paved patio area giving you the space for alfresco dining.
To the rer of the garden is a small tranquil stream and hedge boundary.
2 metal sheds to the rear garden, one having a power supply, currently housing an additional freezer and a tumble dryer.

Side Garden
To the side of the property is a level gravelled area interspersed with raised planting.

Agents Notes.
The property is presented to a very high standard and is located in a very desirable location.
Add to the fact that this park home is approximately only 10 years old makes it a property definitely worth viewing.



Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

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

£ 115075

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
    £ 3625
  • 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

£ 6325
  • 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

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This is the percentage of the rent that you will spend maintaining the property.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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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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