3 bedroom end of terrace for sale

£269,500

3

Bedrooms

Floorplan

DESCRIPTION An extremely well presented three bedroom end of terrace home which benefits from an attractive rear garden and parking for two cars. Ideally located in central Truro and set back from main roads. This superb home has been lovingly updated over recent years and now provides a light and bright interior. Internally the accommodation comprises, living room with a multi fuel stove, a superb 17 foot kitchen/dining room featuring a modern kitchen that has a built in oven and hob and an integrated dishwasher. On the first floor there are three bedrooms and a shower room. To the rear is an attractive enclosed garden which benefits from a patio and a flower bed with an array of flowers and plants. There is also a timber greenhouse and a timber shed with power and light, along with an outside WC. Behind the garden is a gravelled parking area proving parking for at least two cars. Other benefits include double glazing and gas central heating.

HALLWAY Stairs rising to the first floor, radiator.

LIVING ROOM 14 6" x 12 0" (4.42m x 3.66m) Double glazed window, multi fuel stove set on a tiled hearth with a mantel over, recess to either side with shelves, radiator, engineered oak flooring.

KITCHEN/DINER 17 10" x 8 7" (5.44m x 2.62m) A range of modern wall and base units with wooden worktops over, one and a half bowl sink, built under oven, gas hob, integrated dishwasher, spaces for washing machine and upright fridge/freezer, space for dining table, two double glazed windows, part double glazed door opening on to the rear garden, radiator, under stairs storage cupboard housing the combination boiler, engineered oak flooring.

LANDING Double glazed window, radiator, doors to the bedrooms and shower room, access to the loft.

BEDROOM ONE 12 6" x 7 10" to the face of built in wardrobes.(3.81m x 2.39m) Double glazed window, radiator, wall to wall built in wardrobes with cupboards above.

BEDROOM TWO 11 0" x 8 7" (3.35m x 2.62m) Double glazed window, radiator.

BEDROOM THREE 8 10" x 7 10" (2.69m x 2.39m) Double glazed window, radiator.

SHOWER ROOM Shower enclosure, main shower, WC, wash hand basin, wall mounted cabinet, heated towel rail, double glazed obscured window.

REAR GARDEN Attractive rear garden which benefits from a patio and a flower bed with an array of flowers and plants. There is also a block and timber greenhouse and a wooden shed with power and light. Outside tap and access to a useful WC, garden gated giving access to the front and a gate providing access to the off road parking area.

PARKING To the rear is a gravelled parking area which provides off road parking for at least two cars, also there is an EV charging point and an additional power point.

FRONT Storage space and gated access to the rear garden.

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

£ 225037.5

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

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 6737.5
  • 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

£ 22912.5
  • 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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