3 bedroom semi-detached for sale

£215,000

3

Bedrooms

Floorplan

Internally, the property boasts three spacious bedrooms, providing ample space for family living. The ground floor features an excellent-sized open-plan living area, inclusive of a modern kitchen equipped with built-in appliances and a breakfast bar.

Upstairs, the main bedroom benefits from an en-suite shower room, there is also a family bathroom to the first floor.

Offered with no chain, this well-presented home is ready to move into and is a fantastic opportunity for those seeking a spacious family home in a highly sought-after location.

KITCHEN/LOUNGE This is a modern open-plan kitchen and lounge area featuring a contemporary design with white cabinetry, wooden countertops, and a stylish black sink. The kitchen is well-equipped with built-in appliances, including an oven and a sleek black extractor hood. The backsplash consists of white subway tiles, adding a clean and minimalist touch. The wooden flooring throughout creates a warm and cohesive look, enhancing the overall modern aesthetic. The open space provides flexibility for various layout options, making it ideal for dining or additional seating arrangements.

CONSERVATORY The conservatory is Upvc and is entered through the lounge with laminate flooring, electric sockets and doors leading into the rear garden.

MAIN BEDROOM WITH ENSUITE This is a bright and spacious double bedroom with neutral dcor and wooden flooring. A large window allows plenty of natural light and offers a pleasant view of the surrounding neighborhood.

The bedroom benefits from an ensuite bathroom, which is fitted with a corner shower enclosure, a pedestal sink, and a toilet. The ensuite has a practical layout with tiled walls and a neutral color scheme, providing a convenient and private space.

BEDROOM 2 This is a well-proportioned bedroom with a neutral color scheme and warm wooden flooring. The space benefits from a soft, ambient lighting fixture, creating a cozy atmosphere. The layout offers ample room for storage and personalization, making it a versatile and comfortable living space.

BEDROOM/STUDY This is a bright and well-presented room with a neutral color scheme and warm wooden flooring. The space benefits from natural light, creating an airy and inviting atmosphere. The layout offers flexibility for various uses, making it a versatile addition to the property.

FAMILY BATHROOM This is a well-appointed bathroom with a neutral color scheme and a functional layout. It features a full-size bathtub with tiled walls, a pedestal sink, and a toilet. A frosted window allows natural light to enter while maintaining privacy. The room benefits from a combination of tiled and painted walls, creating a clean and practical space.

GARAGE An integral garage with an up and over door, electric and lighting. Access from the hallway.

OUTSIDE SPACE To the front of the property there is a driveway leading to the garage. To the rear of the property the garden is mainly laid to lawn and is fully enclosed with a patio and decking area.

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

£ 169325

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 5375
  • 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

£ 8075
  • 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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