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£475,000 Offers in excess of
Bedrooms
Bathrooms
Chain free!
Land Estates are delighted to bring to the market this newly renovated, three bedroom, semi-detached house located in Wilmington.
If youre seeking a home thats finished to a superb standard and move-in ready, this property is ideal. The property also has a huge amount of external potential.
The property comprises an entrance hall, a lounge, a newly fitted kitchen and a downstairs toilet. To the first floor, you will find the newly fitted family bathroom, and three bedrooms. Two of the bedrooms are large doubles and one is a single.
Externally, there is a huge amount of potential. The property has both a large rear garden and also side plot with an added garage. There is also parking available to the front of the garage.
Fernheath Way is a quiet and peaceful road but still near to a variety of amenities, including shops, schools and transport options.
Please contact Land Estates to arrange a viewing.
Lounge 1010' x 157'
Kitchen/diner 108' x 1410'
Master bedroom 110' x 159'
Bedroom two 85' x 96'
Bedroom three 80' x 115'
Map location is not available for this property.
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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