3 bedroom semi-detached for sale

£220,000 Guide Price

3

Bedrooms

Floorplan

GUIDE PRICE 220,000 - 230,000. This three-bedroom semi-detached home, located at East Bawtry Road, offers a fantastic opportunity for buyers looking to personalise and upgrade a property. Situated in a highly accessible area, the home benefits from excellent commuter links, including the M1 and M18 motorways, as well as the Sheffield Parkway. Local amenities are close by, including supermarkets such as Tesco Extra and Aldi, while Rotherham town centre is just a short drive away. Families will appreciate the proximity to well-regarded schools. Public transport options are also easily available, making this a convenient location for both work and leisure.
Inside, the property comprises a front entrance porch leading to a hallway with stairs to the first floor. The bay-windowed lounge features a fireplace. Dining area, also with a bay window, provides additional living space. The kitchen is fitted with built-in cupboards and has scope for modernisation. Upstairs, the first-floor landing leads to three well-proportioned bedrooms, two with fitted wardrobes. The family bathroom includes a white three-piece suite.
Externally, the home has a front garden and a driveway to the side, leading to a single garage. At the rear, there is a generously sized garden, primarily laid to lawn, offering plenty of space for outdoor activities or landscaping improvements.

FRONT ENTRANCE PORCH Having front facing French doors and a door opens to the entrance hall.

ENTRANCE HALL With coving to the ceiling, stairs rise to the first floor landing and two front facing windows.

LOUNGE The focal point of the room is the feature fire surround housing the electric fire, arch to the dining room and front facing bay window.

DINING ROOM Having a rear facing bay window.

KITCHEN Having a range of fitted wall and base cupboards. There is a single bowl sink, gas cooker point, plumbing for washing machine, tiled walls, side facing entrance door and rear facing window.

LANDING With loft access and side facing window.

BEDROOM ONE A good size double room with coving to the ceiling, fitted wardrobes to one wall and front facing bay window.

BEDROOM TWO A good size double room with fitted wardrobes and rear facing bay window.

BEDROOM THREE A single size room with front facing window.

BATHROOM Having a white three piece suite which comprises of a low flush w.c, wash hand basin, bath, tiled walls, cupboard and two rear facing windows.

OUTSIDE To the front is a lawn garden. A drive extends to the side which leads to the single garage. To the rear is a generous size garden mainly laid to lawn with borders.

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

£ 173200

Mortgage Loan to Value

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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
    £ 5500
  • 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

£ 8200
  • 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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