3 bedroom terraced for sale

£185,000 OIRO

3

Bedrooms

1

Bathrooms

2

Reception

This three bedroom and two reception room terraced house in the heart of Deepdale has come to the market for sale. It offers so much space internally and is situated in an incredibly popular area of Preston. With transport links, schools, shops and amenities on the doorstep, it will not take long to sell so call to arrange a viewing as soon as possible.

Internally this property offers so much space. On the ground floor there is an entrance vestibule, hallway with stairs leading to the first floor, two reception rooms and a kitchen. Both reception rooms provide plenty of living space and are both light and welcoming.

On the first floor there are three bedrooms and a bathroom. This floor is just as spacious as the ground floor and provides ample space for families of all ages and size.

Externally there is on street parking.

The property is situated in the heart of Deepdalewith brilliant transport links including bus routes, shops, schoolsand amenities on the doorstep. Preston city centre is a short commute away.

This is a freehold property.

EPCrating - E

Council tax band - A

Whenever we bring properties on this road to the market for sale there is a huge amount of interest in them and they sell quickly. To avoid missing out on it call to arrange a viewing as soon as possible.

Please contact Kingswood.

Fulwood Office:

01772 717181

77 Watling Street Road, Fulwood, Preston, PR2 8EA

[email protected]

www.kingswoodproperties.co.uk

Disclaimer:
These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.

Ground floor

Entrance vestibule 1.10 x 1.05 m (37 x 35 ft)
Entrance door, ceiling light point and doors leading to the hallway.

Hallway 3.38 x 1.08 m (111 x 37 ft)
Ceiling light point, coving, radiator, stairs leading to the first floor, door leading to the front reception room and a door leading to the rear reception room.

Front reception room 3.79 x 3.47 m (125 x 115 ft)
Ceiling light point, coving, double glazed window and a radiator.

Rear reception room 3.91 x 3.27 m (1210 x 109 ft)
Ceiling light point, coving, double glazed window, radiator and a door leading to the kitchen.

Kitchen 2.28 x 1.84 m (76 x 60 ft)
Ceiling light point, entrance door, double glazed window, wall and base units with contrasting work surfaces, cooker, sink and drainer, space for washing machine and space for a fridge / freezer.

First floor

Bedroom 1 3.76 x 2.86 m (124 x 95 ft)
Ceiling light point, double glazed window and a radiator.

Bedroom 2 3.28 x 3.15 m (109 x 104 ft)
Ceiling light point, double glazed window and a radiator.

Bedroom 3 3.76 x 1.67 m (124 x 56 ft)
Ceiling light point, double glazed window and a radiator.

Bathroom 2.24 x 1.85 m (74 x 61 ft)
Ceiling light point, double glazed window, bath with shower over, low level WC, hand wash basin and a heated towel rail.

Landing 3.30 x 2.69 m (1010 x 810 ft)
Ceiling light point and stairs leading down to the ground floor.

External
At the front there is on street parking.

Disclaimer
These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.



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

£ 146075

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
    £ 4625
  • 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

£ 7325
  • 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.

£

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

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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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