3 bedroom terraced for sale

£350,000

3

Bedrooms

2

Bathrooms

Floorplan

A link detached house offered to the market with no onward chain and immediate vacant possession offered.

The property is set in a popular location within 1 mile of local amenities and community facilities. Within 2 miles of the property is a range of shops and further leisure and recreational areas.

The accommodation within the property consists of a Entrance Hall that provides access to all of the ground floor accommodation and stairs to first floor:

The Kitchen ( 911 x 711 ) is situated to the front of the property and offers a range of fitted units to base with incorporated space for kitchen appliances. Matching units are fitted to eye level.

The Lounge is L Shaped ( 152 x 151 max ) and is located to the rear of the property with views over the landscaped garden and direct access to the garden via French Doors. Due to the cleaver design there is designated room for lounge furniture and a dining table.

The ground floor accommodation is completed with a cloakroom.

To the first floor there are two bedrooms and a family bathroom. The larger of the bedrooms ( 151 x 92 ) has the advantage of two windows with a rear aspect. The additional bedroom ( 810 x 80 ) is of a generous size and larger than that of many others that are labelled as the third bedroom.

To the second floor is the master bedroom and the en suite shower room. The bedroom ( 123 x 911 ) also befits from being double aspect with windows to the front and side. In addition to the two rooms on the first floor there is also a storage cupboard and access to the eave storage.

Outside to the rear the garden has been landscaped to include a variety of raised flower beds and borders. Within the landscaping there has been a pond added with decking surrounding it. To the front is driveway parking and a front lawn.

For further information and to make arrangements to view the property please call our office on

62 Royal Drive, Bordon, Hampshire GU35 0QF

We are acting in the sale of the above property and have received an offer of 350,000.00 on the above mentioned property.

Any interested parties must submit any higher offers in writing to the selling agent before exchange of contracts takes place.












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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

£ 291450

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 8750
  • 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

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£

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

£ 28950
  • 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

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

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