3 bedroom semi-detached for sale

£550,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

KNIGHTS PROPERTY SERVICES ''NO ONWARD CHAIN'' Knights are excited to market for sale this three bedroom Victorian semi detached cottage, that has been thoughtfully extended to the rear adding approximately 160 sq ft. A standout feature of the home is the open plan kitchen/dining room with access on to the landscaped garden. There is also a living room with feature log burner and a distinctive WC to complete the ground floor. The first floor boasts a larger than average and stylish four piece bathroom and three beautifully presented bedrooms. The sizeable garden (90ft approx.) is well maintained and ideal for entertaining. There is also an outbuilding with additional storage. To the front of the property there is driveway parking. The beautiful home has undergone lots of improvements by the current owners, such as a new kitchen, new flooring, newly laid driveway, new windows (rear of the property) and more. The home, which is situated within a cul-de-sac, boasts character features such as high ceilings and Victorian radiators. There is scope to extend further in to the loft STPP. Frimley Lodge Park and the picturesque Basingstoke canal is within close proximity, as well as local train stations and good transport links. A viewing is highly recommended to really appreciate everything that this impressive property has to offer.

Entrance Hallway - Enter via front door, tiled flooring and stairs leading to the first floor.

Living Room - Front aspect, shutters, exposed brick wall with new log burner and wood flooring.

Wc - Low level WC, wash hand basin with storage, towel rail, feature walls and LVT camero flooring.

Kitchen/Dining Room - Open plan and doors leading to the garden. Omega Macintosh kitchen comprising; range of base and eye level units, quartz work surfaces, butler sink, Bosch double oven, hob, extractor fan, bins, fridge/freezer, dishwasher and central island with electrical points. Partly tiled walls, LVT camero flooring and built-in speakers. Understairs cupboard with space for; washing machine and tumble dryer.

First Floor Landing - Carpet flooring.

Bedroom One - Front aspect, shutters, panelled wall, bespoke wardrobes/storage and carpet flooring.

Bedroom Two - Side aspect, feature walls and carpet flooring.

Bedroom Three - Rear aspect and carpet flooring.

Bathroom - Free standing bath, shower cubicle, wash hand basin, low level WC, towel rail, tiled flooring and partly tiled walls.

To The Rear - Landscaped garden which is mainly laid to lawn with several shingled areas, ideal for entertaining. Remote lighting, shed and access to further storage and;

Studio - Power and electric. Vinyl flooring.

To The Front - Newly laid driveway with parking for two cars. Gate leading to the garden.

Council Tax - Band D.



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

£ 456450

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
    £ 13750
  • 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

£ 43950
  • 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
    £

    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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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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