3 bedroom detached for sale

£240,000 Offers over

3

Bedrooms

Floorplan

FULL DESCRIPTION This beautifully presented 3-bedroom detached house, built by Persimmon Homes, offers a perfect combination of space, style, and convenience. Located in the well-positioned and historic town of Kinross, this property is an ideal base for commuters working in Edinburgh, Fife, or Perth. Internally this accommodation comprises, inner hallway that leads to a downstairs WC for added convenience, a generous sized lounge which features a door leading to the integral single garage, offering easy access and additional storage space, a modern styled kitchen which is equipped with appliances ( gas hob, oven and fridge freezer, there ample space further appliances such as washing machine and dishwasher) The kitchen also provides direct access to the enclosed rear garden which provides a child or a pet safe environment. Upstairs, youll find three good-sized bedrooms, the primary bedroom benefits from a stylish en-suite shower room, adding a touch of luxury. Two of the bedrooms also come with built in storage. A stylish, three-piece bathroom with a shower over the bath completes the upper floor, offering both practicality and modern elegance. Externally, the property is complemented by a front driveway providing off-street parking, a small front garden, and a private enclosed rear garden.
This fantastic family home is not only beautifully designed but also ideally located for easy access to local amenities, schools, and excellent transport links. Whether youre a first-time buyer or looking for a spacious family home, this property offers everything you need and more.
Dont miss out on the opportunity to make this lovely property your new home!


MEASUREMENTS Lounge : 5.13m x 3.21m approx.
Kitchen : 3.40m x 2.45m approx.
WC : 2.09m x 1.07m approx.
Bedroom One : 3.59m x 2.50m approx.
En-Suite : 1.54m x 2.08m approx.
Bedroom Two : 2.47m x 2.84m approx.
Bedroom Three : 2.46m x 2.85m approx.
Bathroom : 1.92m x 2.08m approx.



LOCATION This property is situated in a popular residential area of Kinross, within walking distance of local amenities, schools, and the Kinross Park & Ride facility. Kinross is renowned for its scenic setting on the shores of Loch Leven and offers a range of recreational and leisure pursuits. The town offers excellent transport links via the M90 motorway and is well-served by public transport options.


EXTRAS INCLUDED IN SALE All existing floor coverings, fixtures, fittings, and appliances included, all sold as seen.

The property is also equipped with inter-linked smoke alarms, carbon monoxide detectors, and heat detectors for added safety and peace of mind. Please note, however, that no warranty is provided for any inter-linked systems or alarms that may have been installed in the 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

£ 188700

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
    £ 6000
  • 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

£ 8700
  • 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

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  • 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

£

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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