3 bedroom semi-detached for sale

£450,000 Offers in excess of

3

Bedrooms

Floorplan

A beautifully presented three bedroom family home, located in a private cul-de-sac, and only a short distance from Basingstoke town centre and train station.

Comprising three double bedrooms, two en-suite shower rooms and a family bathroom, open plan living area, kitchen with appliances, cloakroom, driveway parking and an enclosed garden.

Viewing is highly recommended.

DOUBLE GLAZED DOOR TO

ENTRANCE HALL Stairs to the first floor, radiator, downlights, wood flooring, storage cupboard, and smoke alarm.

CLOAKROOM Front aspect double glazed window, concealed cistern and pedestal wash hand basin with tiled splash back. There is a radiator and ceramic floor tiling.

KITCHEN 11 10" x 8 2" (3.61m x 2.49m) Front aspect double-glazed window. There is a stainless-steel sink unit with a single drainer with a single cupboard under, a further range of matching cupboards and drawers. There is a built-in Zanussi double electric oven, built-in Zanussi gas hob with extractor over, integrated Zanussi dishwasher, built-in Zanussi Fridge/Freezer, built-in Zanussi fridge/freezer. There is a fitted breakfast bar.

LIVING/DINING ROOM 15 5" x 15 1" (4.7m x 4.6m) Rear aspect double glazed window and matching French Windows to garden. Wood flooring, under-stairs storage cupboard and fitted storage units.

FIRST FLOOR LANDING Radiator, smoke detector, down-lights, thermostat control, and storage cupboard with shelving.

BEDROOM 2 11 6" x 9 0" (3.51m x 2.74m) Rear aspect double glazed window, full width fitted wardrobes and radiator.

ENSUITE SHOWER ROOM Side aspect double glazed window, shower cubicle with rain head shower and handheld shower, pedestal wash hand basin, and low-level W.C. There is a shaver point, chrome towel radiator, half-tiled walls and extractor fan.

BEDROOM 3 13 5" x 8 10" (4.09m x 2.69m) Front aspect double glazed window, full width fitted wardrobes and further range of fitted wardrobes, cupboards and a radiator.

BATHROOM Panelled enclosed bath with mixer taps, vanity sink unit, and low-level W.C. There are tiled walls, chrome towel radiator, extractor fan and ceramic floor tiling

2ND FLOOR LANDING Side aspect double glazed window, downright, smoke alarm, and large walk-in storage cupboard with Megaflo hot water cylinder.

BEDROOM 1 15 5" x 13 5" (4.7m x 4.09m) Front aspect double glazed window, two sets of triple fitted wardrobes, fitted bedroom cupboard, and radiator.

ENSUITE SHOWER ROOM Rear aspect Velux style window, shower cubicle with rain head shower and handheld shower, pedestal wash hand basin, and low-level W.C. There is a shaver point, chrome towel radiator, half tiled walls and extractor fan

OUTSIDE

FRONT Allocated parking for One car, there are two visitor spaces for the 9 residents. Small front garden

REAR Full-width patio, with outside tap, a lawed area with timber shed and side access. The garden is enclosed.

MATERIAL INFORMATION Tenure: Freehold
Council Tax Band: D
Basingstoke and Deane
EPC RATING: B
Allocated Parking
NO ONWARD CHAIN

Note: As the property was built in 2020, it still benefits from the builders 10 year warranty.

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

£ 373950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 11250
  • 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

£ 36450
  • 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

Adjust these figures

  %
  %
£
  %

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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