3 bedroom semi-detached for sale

£300,000

3

Bedrooms

1

Bathrooms

Floorplan

Located in the popular and well established area of Kempston, this 3 Bedroom Semi Detached house offers an exciting opportunity for a variety of buyers. Whether youre a first-time buyer ready to put your own stamp on a home, an investor looking for potential, or a family searching for a spacious property in a convenient location, this could be the one for you. While the house needs a little TLC, it has bags of potential and is a blank canvas waiting to be turned into your ideal home.

Property Features: The layout of this home is both practical and spacious, providing plenty of flexibility. On the ground floor, youll find two good sized reception rooms. These rooms offer a range of possibilities you could have a formal living room and a cosy TV lounge, a playroom for the kids, or even a home office space. The kitchen is a generous size but could benefit from some updating, offering a great opportunity to create a fantastic family kitchen.

Upstairs, there are three well proportioned bedrooms, all offering plenty of space for a growing family. Whether you need extra bedrooms, a guest room, or a home office, these rooms offer the flexibility to suit your needs. Theres also a family bathroom and a separate toilet for added convenience.

One of the best features of this property is the private garden. While it may need a little work, it offers a lovely outdoor space for relaxing or hosting family barbecues. With a little imagination, it could easily become the perfect spot to unwind on sunny afternoons not being overlooked.

Location and Local Amenities: Kempston is a well connected, friendly area with everything you need close by. Local convenience stores, cafes, and shops are just a short walk away, so everyday essentials are never far off. For bigger shopping trips, youre only a short drive away from Sainsburys Kempston and Tesco Extra in Bedford, both offering a wide range of groceries and services.

If you enjoy spending time outdoors, youre in luck Addison Howard Park, being 1.2 miles from the property, the park offers a great space for walking, playing, or simply relaxing. And if you fancy a day out with the family, Bedford Park, one of the largest parks in the area, is only a short drive away. It features playgrounds, sports facilities, and peaceful walking trails, perfect for all ages.

School Catchment Areas: For families, this home is in an ideal location for schools. Kempston Rural Primary School is just a short walk away and offers a high standard of Primary Education. For Secondary School options, Biddenham International School is nearby and known for its strong academic record and extracurricular offerings.

Transport Links: When it comes to getting around, this property offers excellent transport options. There are regular bus services close by, providing easy access to Bedford town center and other surrounding areas. Bedford Railway Station is just a short drive away, with direct trains to London, Luton, and other major destinations, making it a great choice for commuters. For those who drive, the property is conveniently located with good access to major roads like the A421, making it simple to get onto the M1 motorway and into nearby towns.

Additional Information:

Council Tax Band: C

EPC Rating: D

Tenure: Freehold

Martin & Co for themselves, and for the vendors/owners of the property, whose agents they are, give notice that;

(A) These particulars are produced in good faith, but are set out as a general guide only and do not constitute any part of a contract;

(B) No person in the employment of Martin & Co has any authority to make or give any representation or warranty whatsoever in relation to the property.

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

£ 250200

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
    £ 7500
  • 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

£ 25200
  • 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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