4 bedroom terraced for sale

£355,000

4

Bedrooms

2

Bathrooms

Floorplan

Offered with immediate vacant possession, is this chain free distinctive period property that offers an incredible amount of accommodation that we as agents feel has to be viewed to be appreciated.

The terrace that the property sits in was built in the Edwardian era ( early 1900s) and with thoughtful and well planned improvements now offers deceptively spacious accommodation, with a mix of period and modern features.

From entering the property, we feel that it is apparent that it has been well cared for through the century plus years and gives an immediate homely and comfortable feeling. The entrance hall is traditionally long with stairs leading to the first floor and access to the downstairs accommodation. The reception areas ( dining / study / lounge) are accessed and with the neutral wall colouring and double aspect windows offers what we feel is described as a calm ambiance and one that draws you in look further.

Leading from the reception area is the kitchen that offers a range of re fitted units with space for appliances. The kitchen offers the advantage of direct access into the garden. Nestle to the rear of the property is the re fitted bathroom that in addition to offering a re fitted suite is of a size that is not found in many properties.

To the first floor there are three bedrooms that all have the valuable feature of being of a double room size, plus all three rooms have the benefit of built in wardrobes.

To the second floor the accommodation offers features that really make this property stand alone in comparison to others and have to be viewed to be appreciated.

To the rear of the property is parking and the enclosed garden that is mainly laid to lawn.

For convenience there is a small local shop within walking distance with additional community amenities and shops in Whitehill and Bordon. The larger towns of Farnham, Alton and Petersfield are all within a 6 9 mile radius of the property.







Map location is not available for this property.

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

£ 295575

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 8875
  • 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

£ 29325
  • 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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