3 bedroom semi-detached for sale

£240,000

3

Bedrooms

Floorplan

KITCHEN/DINER The kitchen/diner is at the rear of this property with garden views from the window and access by the sliding door. The kitchen has built in units, plenty of storage, a Hygena Hob and a Creda Oven.
The dining area comfortably fits a 6 seater table and hosts a log burner.

LOUNGE The lounge hosts the original slate fire place and a large bay window allowing lots of natural light into this room. There is a large radiator and comfortably fits a 3 piece suite and table. This room is located at the front of the property looking onto the front garden.

PANTRY The pantry is located next to the kitchen allowing extra storage space. It is complete with built in shelves and units. Electric points and a window.

UTILITY ROOM The utility room has units and cupboards for storage. Water and electric points. Spaces under the work tops for white goods. A radiator and a sink. The room has a window looking onto the back garden and is located next to the back door.

STORAGE ROOM Downstairs there is also a storage room. This room has potential to be any kind of room however currently being used as a store.

DOWNSTAIRS WC An addition to this property is a downstairs toilet. The room is complete with built in storage and a window.

BEDROOM 1 This bedroom is the smallest of the 3 but could easily sit a double bed in it. It is a bright room hosting a big window letting in a lot of natural light. The bedroom has a radiator and looks onto the back garden.

BEDROOM 2 This bedroom is also situated at the rear of the house and looks onto the back garden from a big window. It has built in wardrobes and storage cupboards. This room also has a radiator and access to the airing cupboard. This bedroom will sit a kingsize bed comfortably.

MAIN BEDROOM The main bedroom is a large room situated on the front of the house. This room easily fits a king-size bed, wardrobe and other pieces of furniture with plenty of room to move around the bedroom. This room also has an original fire place and a large window looking onto the front of the property also with a beautiful view of the local church. This room also hosts a built in storage cupboard cleverly used as a walk in wardrobe.

BATHROOM The bathroom of this property is of good size and hosts a separate shower and bath. A toilet, sink and 2 windows looking out to the back and front garden.

GARDEN This property has a large, well established garden at the front and rear of the house. It is mostly lawn however there are separate patio areas. In the front garden there is a foot path and gate to the house, a private driveway to the left of the house which would fit multiple vehicles on and an entrance to the garage and a lawn area. In the rear garden there is a large outbuilding (once used as a horse stable), access to the back of the garage through a separate door, a wood store and a coal bunker. The rear garden is a large lawn area with a separate vegetable garden. The garden has been carefully looked after for 30+ years without using any chemicals.

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

%

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
    £ 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

Adjust these figures

  %
  %
£
  %

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

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message