3 bedroom semi-detached for sale

£500,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

GUIDE PRICE RANGE 500,000 to 550,000

Imagine a home that not only offers space for your family to grow but also a place to create lifelong memories. This semi-detached family home is perfectly situated near top-rated schools, giving your children great educational opportunities.

A standout feature is the 32ft modern kitchen/diner with large bi-folding doors leading to the rear garden?a space that effortlessly blends indoor and outdoor living. The hard flooring is ideal for busy families with kids and pets, making it easy to clean and maintain. With an electric hob and a double oven, its a great setup for anyone who loves to cook.

The open-plan layout makes this the perfect home for entertaining. A spacious dining area has plenty of room for a large table and chairs, making it the ideal spot for family meals or gatherings with friends.

The living room is another great space?ready for you to add your furniture, soft furnishings, and dcor to make it your own.

A utility room and a downstairs cloakroom, both hugely beneficial for family life, complete the ground floor.

At the end of the day, when its time to unwind, the three bedrooms are ready to provide a cosy retreat. The main bedroom has built-in wardrobes, and all three have neutral carpeting?no cold feet on winter mornings.

Youll love the modern bathroom, with a shower over the bath - perfect for a quick start to the day or a relaxing soak in the evening and young childrens bath times.

If you own a car or two, the block-paved driveway at the front provides off-road parking for you and your guests.

Outside, the garden combines a lawn with well-planted beds, bringing a touch of nature without the hassle. A large patio area offers plenty of space for summer barbecues, dining outside, or simply enjoying a glass of wine on a warm evening.

Baldock mainline station is just a few hundred yards away, with a journey to central London in under 45 minutes. Stay on a little longer, and you?ll be in Brighton for a day at the coast. The A1(M) also provides excellent road links north and south.

We Don?t Expect This Lovely Home To Be On The Market For Long! Call today to arrange your viewing and buy before someone else does.

| ADDITIONAL INFORMATION

Council Tax Band - C

EPC Rating - D

| GROUND FLOOR

Living Room: Approx14 2' x 9 11' (4.32m x 3.02m)

Kitchen / Breakfast Room: Approx32 3' x 15 1' (9.83m x 4.60m)

Utility Room: Approx9 2' x 5 4' (2.79m x 1.63m)

Downstairs Cloakroom: Approx5 5' x 2 8' (1.65m x 0.81m)

| FIRST FLOOR

Bedroom One: Approx13 0' x 12 10' (3.96m x 3.91m)

Bedroom Two: Approx13 5' x 8 2' (4.09m x 2.49m)

Bedroom Three: Approx12 1' x 7 3' (3.68m x 2.21m)

| OUTSIDE

Driveway providing off road parking to the front



Features
  • Freehold

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Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 415200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 12500
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

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£

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.

Annual Costs

£ 40200
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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This is the percentage of the rent that you will spend maintaining the property.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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.

Total Profit

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  • Final Equity Profit
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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