3 bedroom terraced for sale

£600,000

3

Bedrooms

2

Bathrooms

Floorplan

FREEHOLD TERRACED FAMILY HOME - NO CHAIN

This particular property being on the elevated side of the road has some amazing views of the City Centre as you can see from the photos. Camden is a well-known and sort after area, within walking distance down to the city centre and has always had a reputation of being a very nice place to live, due to the diversity of property. It has everything, from studio apartments to substantial multi-million-pounds homes.

The village of Larkhall has a host of amenities and boutique shops which include a small supermarket, butchers, grocery shop, caf, and a great delicatessen. Some of Baths best independent schools, The Royal High and Kingswood School are in Lansdown, as is St Stephens Church of England primary school which is held in very high regard.

Downstairs

As you enter the property into the entrance hallway to the right-hand side is the Living room with a large angular front aspect double glazed bay window, chimney breast , an electric fire, radiator, and carpet covered flooring. Directly behind is the dining room which again is carpeted and has a radiator and to the left of the dining room is the downstairs WC and an understairs storage cupboard.

The open plan extended kitchen / breakfast room comprises of a single drainer sink unit an electric oven and hob with an overhead extractor fan. There is a large UPVC framed sky light allowing lots of natural light during daytime hours, wall and base wooden units providing storage and half the work top surfaces are mostly granite. There is a washing machine, dishwasher, upright fridge freezer, tumble dryer and tiled flooring.

Upstairs

Go upstairs to the 1st floor and there two double bedrooms and a family bathroom. Both bedrooms are doubles with double glazed windows, radiators and carpet covered flooring. The family bathroom comprises of an enclosed panelled bath with a shower screen and electric shower. There is also a pedestal wash hand basin, low level WC radiator and fully tiled walls and a double glazed window.

Go up another set of stairs which has window over the looking the rear of the property, and carpet covered flooring into bedroom 3 ( loft extension). With a double-glazed window, radiator and carpet covered flooring. There is the added advantage of an en-suite shower room which with fully enclosed shower cubicle and shower, pedestal wash hand basin and a low-level WC. There is built in storage, a heated towel rail and a velux window.

To the front of the property is a terraced garden with a sitting area with amazing views. It has an assortment of flowers, shrubbery and a gravelled area for easy maintenance. The Garage to the front of the property is 1709 x 810 and steps leading up to property to the side. Parking on road is Permit Parking.

Bath enjoys international acclaim as a World Heritage Site for its Georgian architecture and Roman heritage and offers a wide variety of cultural, leisure and business amenities, along with excellent restaurants, boutique shops and large retailers. As mentioned, there are very well-regarded schools nearby in both the state and private sectors, and sporting facilities include Bath Racecourse, Lansdown Golf Club and Lansdown Tennis/Squash Club and The Rec the home of Bath Rugby.

If you commute by car there are good links to Bath City Centre, to the surrounding villages, the M4 junction 18, Bristol and the Southwest from the M5 and from Bath Spa Railway Station besides local routes there is a direct train to London Paddington.

All viewings are through Martin & Co Bath Residential Sales

EPC rating C
Current 69 C
Potential 86 C
Valid until 01.06.2032

Local Authority Bath And North East Somerset / Council Tax Band D

Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate, and photographs provided for guidance only.

Map location is not available for this property.

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

£ 497700

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
    £ 15000
  • 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

£ 47700
  • 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

£
  • 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

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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.

Notes

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