3 bedroom town house for sale

£190,000 Fixed Price

3

Bedrooms

BEDROOM 1 11 x 9 3" (3.35m x 2.82m)

UTILITY ROOM 6 9" x 6 1" (2.06m x 1.85m)

SHOWER ROOM 10 1" x 3 7" (3.07m x 1.09m)

KITCHEN 11 9" x 9 (3.58m x 2.74m)

LIVING ROOM 6 1" x 4 8" (1.85m x 1.42m)

W.C 7 4" x 2 11" (2.24m x 0.89m)

BEDROOM 2 11 9" x 8 8" (3.58m x 2.64m)

MASTER BEDROOM 14 4" x 11 5" (4.37m x 3.48m)

ENSUITE 6 x 5 6" (1.83m x 1.68m)

BATHROOM 7 1" x 5 8" (2.16m x 1.73m)

PROPERTY DESCRIPTION This 3 bedroom, end terrace executive town house is set over 3 floors. Enter through the front door and on the ground level we find the integrated garage, utility room with fitted units with sink and washer/dryer. It has a back door to the decking area and landscaped gardens. Also on the ground floor is a shower room and a downstairs bedroom with patio doors opening to the decking. On the first floor there is a front facing dining sized kitchen which is well fitted with ample units gas hob, electric oven, fridge/freezer and dishwasher. It is finished with quality tilework. On through to the rear facing bright lounge/diner with french windows on to the balcony. There is also a cloakroom on this level. Upstairs on the third level we find two bedrooms. The master bedroom is rear facing with fitted wardrobes and a spacious en suite shower room. Bedroom 2 is front facing with fitted wardrobes. Also on the third floor is the family bathroom with a quality suite and over bath shower. It is finished with quality tilework.

To the rear of the building there is also a landscaped garden area and bin store.In addition the property has Double glazing and gas central heating. Ayr town centre provides a number of facilities and amenities including first class shopping, easy access to local schooling at primary and secondary levels, as well as access to leisure facilities. Local bus routes and Ayr Station are also within easy reach and there is good road access to main bypass routes leading to Glasgow, Prestwick Airport and Glasgow Airport. First class golfing facilities are also available within Ayr and Prestwick, and the World famous Turnberry Championship Course is located further down the coast. Whether as a family home or a weekend retreat, early inspection is strongly recommended.

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

£ 149950

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

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
    £ 4750
  • 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

Adjust these figures

£

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

£ 7450
  • 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.

£

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.

Total Profit

£
  • Final Equity Profit
    £

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

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

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

Notes

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