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£135,000 Offers over
Bedrooms
Bathrooms
Reception
Attention first time buyers or investors!!! This very spacious two bedroom terraced house has been renovated to a high standard making this ideal for a first time buyer who is looking to move on to the ladder or for an investor who is looking to expand their portfolio as this is a very popular rental area. With great transport links, shops and amenities on the doorstep the location is perfect. Call to arrange a viewing before is sells.
Internally on the ground floor as you walk in to the property you are invited with a spacious lounge at the front of the property and leading you to through to a larger than average kitchen at the rear.
On the first floor there are two double bedrooms with the primary bedroom being an excellent size, also there is a three piece family bathroom which is of a good size.
This house has been refurbished, the location of the stair case has been relocated to the front of the house making the kitchen/diner area more spacious and practical.
Externally there is a good sized rear yard which has been fully flagged and maintained, to the front of the property there is plenty of on-street parking. Location of the property is great as located close to schools, has great motorway links making this ease for access to all routes around the Preston area.
This is a freehold property.
Council Tax Band: A
EPCRating: D
Viewings are highly recommended to appreciate the detail and thoughts put in by the current owner.
Viewings are strictly through Kingswood, please contact us on:
City Office: 01772 886555
11 LuneStreet, Preston, PR1 2NL
FulwoodOffice: 01772 717181
77 WatlingStreet 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
Reception 4.56 x 4.10 m (1412 x 135 ft)
Laminate flooring, Double Glazed Window, Gas Fireplace (capped off), Stairs leading to first floor, Ceiling light point, Wooden beading around the walls, Wallpaper and Radiator.
Kitchen
Wall and base units, Double glazed windows, Stainless steel sink with drainer, Gas hob and oven, Cooker hood, Laminate flooring, Radiator, Combi Boiler, Ceiling light point, Splashback and Door to rear yard.
First Floor
Landing 2.08 x 1.00 m (610 x 33 ft)
Ceiling light point, Smoke alarm, Lino flooring, Wooden beading around the wall.
Bedroom 1 4.11 x 4.15 m (136 x 137 ft)
Two double glazed windows, Built in storage cupboards, Carpet, Ceiling light point and Radiator.
Bedroom 2 2.82 x 2.40 m (93 x 710 ft)
Double glazed window, Carpet, Wooden beading on wall, Radiator and Ceiling light point.
Bathroom 2.10 x 1.77 m (611 x 510 ft)
Low level W/C, Sink basin, Bath tub, Electric shower, Extractor fan, Lino flooring and Part tiled walls.
External
Flagged rear yard, Gate for access to the rear ally way for bins, On street parking to the front of the property
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.
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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