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£800,000
Bedrooms
Bathrooms
Situated in one of the desirable tree lined Avenues is this detached house full of character and upon a double width plot offering development potential (stpc). The house has attractive double bays and 3 reception rooms to complement the 3 bedrooms. The garden faces west, backs onto school fields and is 141 in length x 60.
PORCH
Entrance door and further door opens to Hall.
ENTRANCE HALL
Stairs to first floor. Solid Oak Block flooring. Doors to rooms.
LIVING ROOM
An L-shaped room with 2 sets of double glazed patio doors overlooking the garden. Further double glazed window to front with fitted shutter. Stove fireplace and decorative fire. Radiator.
DINING ROOM
Double glazed bay window to front with fitted shutter. Stove fireplace and decorative fire. Plate rack and coving to ceiling. Radiator. Solid Oak Block flooring.
SITTING ROOM
Double glazed window to side. Opens to Kitchen/Breakfast Room. Coving to ceiling. Radiator. Door to Cloakroom/WC.
KITCHEN/BREAKFAST ROOM
Double glazed patio door and double glazed window overlook the garden. Ceramic tiled floor. Range of fitted units at both base and eye level with display cabinets & cornice. Complementary worktop with inset sink unit. Integrated hob and pull out hood.
UTILITY
Opaque double glazed window to side. Appliance spaces, worktop and wall units.
CLOAKROOM/WC
Opaque double glazed window to side. Close coupled WC, wall fixed wash basin plus separate vanity unit.
FIRST FLOOR LANDING
Opaque double glazed window to side. Doors to rooms.
BEDROOM 1
Double glazed window to front with fitted shutter. Radiator. Coving to ceiling.
BEDROOM 2
Double glazed window to rear overlooking the garden plus double glazed window to front with fitted shutter. Fitted wardrobes. Radiator. Coving to ceiling.
BEDROOM 3
Double glazed window to rear overlooking the garden. Radiator. Coving to ceiling.
BATHROOM
Opaque double glazed window to rear. Travertine style ceramic tiled floor and walls to complement the modern white suite comprising close coupled WC, vanity unit with wash basin & shower bath with electric shower. Chrome ladder radiator.
EXTERIOR
FRONT Situated within a tree lined Avenue and behind hedging with access across a gravel driveway to parking and two garages. Lawn and side access to rear garden.
REAR garden faces west and is approx. 141 x 60 commences with a paved patio area with side gate leading to the front. The remainder is laid to lawn with flower & shrub borders.
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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