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£540,000
Bedrooms
Bathrooms
Situated in a pleasant tree lined turning is this semi detached house that has the benefit of a 2 storey rear extension so that this house now provides 5 bedrooms complemented by a 26? living room and a lovely kitchen/family room across the rear. The generous garden is nicely landscaped and has a cabin towards the bottom.
GROUND FLOOR
ENTRANCE HALL
Double glazed entrance door. Radiator. Stairs to first floor.
CLOAKROOM/WC
Close coupled WC, vanity unit with wash basin. Wall boiler.
LIVING ROOM 7.92m (26) into bay x 3.73m (123) > 3.35m (11?)
Double glazed bay window to front. Herringbone luxury vinyl flooring. Coving to ceiling with decorative roses. Radiators.
FITTED KITCHEN/DINER L-shaped 4.98m (164') x 2.13m (7) opening to a 3.43m (11?3) x 2.49m (8?2) Dining Room
Double glazed door to garden and double glazed window to rear. Glass doors to Living Room. Extensive range of modern fitted units at both base and eye level, handle-less and with a slimline cornice & pelmet. Modern worktop with inset sink unit & mixer tap. Part tiled walls. Coving to ceiling with inset lighting. Double oven, hob & hood. Radiator.
FIRST FLOOR LANDING
Opaque double glazed window to side. Doors to rooms. Coving to ceiling.
BEDROOM 1 4.26m (14) into bay x 3.36m (11)
Double glazed bay window to front. Radiator. Coving to ceiling.
BEDROOM 2 3.28m (109') x 2.59m (86') max
Double glazed window to rear overlooking the garden. Radiator. Coving to ceiling.
BEDROOM 3 3.48m (115) x 2.14m (7)
Double glazed eye level window to side and further window to rear overlooking the garden. Radiator. Coving to ceiling.
BEDROOM 4 3.50m (116') x 2.36m (79')
Double glazed roof light window. Coving to ceiling. Radiator.
BEDROOM 5 2.28m (76') x 2.14m (7)
Double glazed window to front. Radiator. Fitted wardrobes.
BATHROOM
Opaque double glazed window to side. Chrome ladder radiator. Modern white suite comprising close coupled WC, vanity unit with wash basin, corner shower enclosure and panelled bath with pearlescent wall tiling. Coving to ceiling with inset lightings. Ceramic tiled walls.
EXTERIOR
FRONT There is a front boundary wall and block paved driveway leading to the garage.
REAR The generous read garden commences with a paved patio area. The remainder is laid to lawn with flower & shrub borders. A lovely summerhouse/cabin sits at the bottom and has a covered veranda overlooking the garden.
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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