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£425,000
Bedrooms
Bathrooms
''TOTALLY REFURBISHED'' 1,119 sqft ''LIGHT & BRIGHT'' end terrace ''OPEN PLAN LOUNGE & CONSERVATORY'' terraced garden ''EN-SUITE, BATHROOM & W/C'' over 3 levels ''PARKING'' do not miss out!
EPC Rating C.
Forming part of the gated development of Denison Hall, is this totally refurbished, three-bedroom, two-bathroom, end town house.
Set over 3 floors and covering 1,119 sqft, the spectacular living area boasts an insulated conservatory and extensive glazing that floods the space with light.
The bespoke kitchen offers an array of cream fitted wall and base units, in addition to built-in appliances including a fridge-freezer, electric oven and induction hob with extractor over.
Located on the first floor, are two double bedrooms, the family bathroom and a storage cupboard - a further flight of stairs leads up to the principle bedroom suite.
At the side and rear of the property, there is a flagged garden terrace.
Allocated gated parking is included.
Under new NTSELAT legislation, we are obliged to provide the following information:-
Ground Rent - 150.00pa (no review, as a share of the freehold will be included)
Service Charge - 1,338pa
Council Tax - Band D
Lease Term - 999 years from 1 October 2001
Heating Gas, via a meter
Water via a meter
Electric via a meter
Broadband - No issues to report
Mobile No issues to report
Construction type Brick
Building Safety EWS exempt
Flood Risk:- None
Planning Permissions:- None
THE DEVELOPMENT:-
Denison Hall is a beautiful former Georgian mansion, located in the heart of Hanover Square. Ideally located within easy walking distance of the city, as well as the LGI, Dental School and both Universities - the development comprises the original hall and several town houses, all set in beautiful, gated grounds with stunning gardens to explore.
LOUNGE / DINER:-
The bespoke living area is spacious and bright, boasting engineered walnut flooring throughout with leads into a large conservatory. The room also benefits from a south facing window, fitted with custom made roman blinds and multiple ceiling lights on dimmers.
KITCHEN:-
The recessed kitchen offers a cream wall and base units, topped with matching stone tops. Built-in appliances include a full-size fridge-freezer, electric oven, induction hob with extractor, as well as a built-in washing machine.
TERRACED GARDEN:-
Wrapped around the property, is a flagged garden. Set over 2 levels it offers enough space for alfresco dining and those with ideas of creating a city garden.
BEDROOM 1:-
Located on the top floor, with dual aspect views from windows fitted shutters. The room easily allows for a king-size bed, side tables and wardrobes it also has the added benefit of walnut flooring and access to an incredible en-suite.
BEDROOM 2:-
Light and bright, with high ceilings and a large picture window fitted with shutters. The room allows for a double bed, side tables and wardrobes and has the added benefit of being next to the bathroom.
BEDROOM 3:-
Currently arranged as a home office, it boasts high ceilings and views towards Denison Hall. The room allows for a double bed, side tables and a wardrobe making the property ideal of owner-occupiers and sharers alike.
Map location is not available for this property.
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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