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£525,000
Bedrooms
Bathrooms
A 4 bedroom semi detached chalet situated in a lovely residential turning benefitting from an independent drive with plenty of parking plus a lovely 71ft garden. Inside, is spacious and has a 28ft living room complemented by a kitchen and separate utility. Additionally, there are 2 bathrooms plus a 3rd WC.
ENTRANCE HALL
Entrance door. Stairs to first floor. Radiator. Coving to ceiling. Doors to rooms.
BEDROOM 1
Double glazed bay window to front. Radiator. Laminate floor. Range of fitted wardrobes. Coving to ceiling.
BEDROOM 2
Double glazed window to front. Radiator. Range of fitted wardrobes. Coving to ceiling.
SHOWER ROOM
Opaque double glazed window to side. Ceramic tiled floor and ceramic tiled walls. Modern white suite comprising close coupled WC, pedestal wash basin and corner shower enclosure. Radiator.
FITTED KITCHEN
Double glazed window to rear. Luxury vinyl tiled floor to complement the modern fitted kitchen with units at both base and eye level plus decorative cornice & pelmet. Complementary roll edge worktop with inset sink unit & mixer tap. Integrated double oven, pull out hood and hob. Further appliance spaces. Part tiled walls. Coving to ceiling.
UTILITY
Double glazed window and door to garden. Luxury vinyl tiled floor. Worktop and cupboards. Appliance spaces.
WC
Opaque double glazed window to side. White suite comprising close coupled WC and pedestal wash basin.
LIVING ROOM
28ft long. Double glazed double doors and adjacent window open to garden. Feature fireplace with stove. Dado rail. Coving to ceiling. Radiator.
LANDING
Double glazed window to rear. Doors to rears.
BEDROOM 3
Double glazed dormer bay window to front. Radiator. Fitted wardrobes. Part sloping ceiling.
BEDROOM 4
Double glazed window to rear. Radiator. Coving to ceiling.
BATHROOM
Opaque double glazed window to side. Modern white suite comprising vanity unit with semi inset WC and wash basin. panelled bath with mixer tap & shower attachment.
EXTERIOR
FRONT Arched top front boundary wall and block paved drive for several vehicles. Gate to garden.
REAR 71ft rear garden commencing with a paved patio area and remainder laid to lawn. Wide side gate area. Exterior tap and power. Workshop 25ft8 x 11ft. power & light.
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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