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£290,000 Guide Price
Bedrooms
Bathrooms
Guide Price 290,000-310,000. Immaculately presented three/four bedroom semi detached family home that has been upgraded throughout to a beautiful finish and standard. The property is set back from the main road in a relatively quiet street in this popular suburb and the rear gardens are both South facing and private. Downstairs the accommodation comprises beautiful entrance hall which in turn leads to the sitting room, which is generous and with a large picture window to the front (this is spacious enough to take a table and chairs as well) and the kitchen breakfast room which is fitted with high gloss finish units with copper style handles and a door to the rear gardens. At the back of the house is the fourth bedroom/dining room which comes with an en-suite bathroom and door to the rear. This could be used separately to the main house due to it`s own independent access and would make an ideal annexe style room for elder relatives or older children and would work equally as well for somebody running a small business from home. Upstairs are three further bedrooms and another family bathroom. The house is pristine throughout and ready to move straight in to. Externally the rear gardens are South facing and private as they back on to trees. They are mainly laid to lawn with a variety of plants and flowers, enclosed by panelled fencing and with a decking area. There is also a garage and ample driveway for additional off road parking.
Hellesdon is a popular suburb in the North West of Norwich City Centre . Catering for all age groups due to the fantastic amenities and facilities within the area. These include schooling for all ages, regular public trasport links, local shops and supermarkets, Post Offices, a mini shopping centre, pubs, restaurants and take aways to name a few. Norwich International Airport and the Northern Bypass are just a short drive away.
Notice
Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose. We cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.
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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