Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
2 Low Ousegate, York
£135,000
Bedrooms
Bathrooms
A rare opportunity to purchase a 75% shared ownership modern end of terrace home in a highly regarded location. This two bedroom property has the benefit of a conservatory, gardens front and rear and off street parking.
Welcome to this modern end-of-terrace property situated in a quiet residential area of East Morton. This charming house is offered with 75% part ownership and boasts two well-appointed bedrooms, ideal for a small family or professionals looking for a comfortable living space. The property features a sleek kitchen, a spacious living room, conservatory and a modern bathroom. Step outside and enjoy the private garden,. The convenience of off-street parking adds to the appeal of this property, making it a practical choice for those with vehicles.
Entrance Hall
Providing access to accommodation, useful storage cupboard and central heating radiator
Kitchen
A well equipt kitchen comprising of a range of wall, drawer and base units, laminate worksurfaces incorporating stainless steel sink and drainer, integrated appliances including electric oven, gas hob and dishwasher. There is plumbing for a washing machine, double glazed window, central heating radiator and tiled flooring.
Downstairs WC
Conveniently located on the ground floor, fitted with two piece suite comprising low level WC, vanity unit housing hand wash basin, central heating radiator and tiled flooring.
Living Room
This bright spacious room has double glazed french doors leading into the conservatory and two central heating radiators.
Conservatory
Accessed via the living room and providing additional living space this conservatory has UPVc double glazed windows and sliding doors leading out to the rear garden.
Landing
Double glazed window.
Bathroom
Fitted with a modern three piece suite comprising of walk in shower, vanity unit housing hand wash basin, low level WC, heated towel rail and laminate flooring.
Principal Bedroom
Positioned to the front of the property, a double room with a range of fitted wardrobes, double glazed window and central heating radiator.
Bedroom Two
Situated to the rear, this is a double room with built in cupboard, double glazed window and central heating radiator.
Externally
To the front of the property is a tarmacadam driveway providing an off road parking space, to the rear there is a good sized tiered garden with paved patio, decked terrace and garden shed.
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.
2 Low Ousegate, York
The Property has been saved to your favorites
/ 5
It's quick and easy
