2 bedroom terraced for sale

£275,000

2

Bedrooms

1

Bathrooms

Floorplan

FRONT DOOR TO

KITCHEN The property opens into a bright, modern kitchen which also serves as the main entrance hallway. Fitted with a range of matching wall and base units, the space offers ample storage and preparation areas, complemented by contrasting work surfaces and stainless steel splashbacks. Integrated appliances include an oven, hob with extractor hood, and stainless steel sink unit. A front aspect window and glazed side panel allow natural light to flow in, while the contemporary flooring continues seamlessly through to the lounge. A useful under-stairs cupboard and cloakroom/utility (accessed from this area) add to the practicality of the layout.

Sliding doors connect the kitchen to the lounge/diner, creating a flexible, open-plan flow that can easily be closed off for separation when desired.

LOUNGE A generous and versatile lounge/dining room occupies the rear of the property, enjoying direct access to the garden through wide glazed French doors and side panels that flood the room with natural light. The open-plan design creates a sociable living space, perfect for both relaxation and entertaining.

Neatly positioned under the staircase is a useful storage recess, while the attractive wood-effect flooring continues throughout, enhancing the modern feel. Sliding doors provide the option to create separation from the kitchen, offering flexibility in how the space can be used.

LANDING Cupboard with storage and gas boiler

BEDROOM 1 A bright and well-proportioned double bedroom positioned at the front of the property, enhanced by a large window that provides pleasant views and plenty of natural light. The room benefits from a full range of fitted wardrobes with mirrored doors, offering generous storage while maximising the sense of space. Neutrally decorated and carpeted

BEDROOM 2 The second bedroom is another generous double, set to the rear of the property and overlooking the garden. Well-proportioned and neutrally decorated, it offers flexible use as a main or guest bedroom, home office, or nursery. A rear aspect window ensures good natural light, while fitted carpeting and a radiator complete the space.

BATHROOM The property is served by a modern three-piece bathroom suite, comprising a panelled bath with overhead shower and glass screen, pedestal wash hand basin, and WC. Finished with white tiled splashbacks and neutral dcor

REAR The enclosed rear garden enjoys a good degree of privacy, laid mainly to lawn with a paved patio area, ideal for outdoor seating and entertaining. A rear gate provides direct access to the propertys allocated parking space, ensuring everyday convenience. Designed with low maintenance in mind, its a practical and enjoyable outdoor area.

FRONT The property presents an attractive modern faade with red brick elevations and a welcoming canopy porch. Set behind a neat hedge, the approach offers both privacy and kerb appeal. The home benefits from allocated parking and is ideally positioned within the popular Marnel Park development, close to local amenities and open green spaces.

CLOAKROOM/UTILITY ROOM This room includes a WC, a wash hand basin with tiled splashback, and a work surface with space and plumbing for a washing machine.. A practical space that combines everyday utility with convenience.

PARKING The property benefits from one allocated parking space, conveniently located to the rear and directly accessible via the garden gate.

AREA Marnel Park is a popular modern development to the north of Basingstoke, well served by local amenities including a supermarket, healthcare facilities, and good primary and secondary schools. The area enjoys regular bus links into the town centre, where youll find Festival Place shopping, leisure facilities, and Basingstokes mainline railway station with fast services to London Waterloo in under an hour. The M3 is also within easy reach, providing excellent access to London, Reading, and the South Coast.

MATERIAL INFORMATION Tenure: Freehold
EPC Rating: C
Council Tax Band: C
Basingstoke and Deane
Allocated parking for one car to rear.

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

£ 229575

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
    £ 6875
  • 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

£ 23325
  • 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.

£

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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