3 bedroom semi-detached for sale

£310,000 Offers over

3

Bedrooms

Floorplan

FULL DESCRIPTION A perfect option for growing families or first time buyers in search of a traditional semi detached home, this three bedroom property is offered to the market with no upward chain and must be viewed in person to be truly appreciated. The gas centrally heated and double glazed accommodation includes an entrance lobby, lounge/dining room and kitchen with the first floor offering three bedrooms and a family bathroom. Outside there is off road parking giving access to an attached garage with a fully enclosed garden at the rear. Conveniently positioned for access to the motorway network and the amenities on offer at Fosse Park Shopping and Meridian, an early viewing is strongly recommended to avoid disappointment.

LOBBY UPVC front entrance door with glazing and top light opens into the;

LOUNGE/DINER 10 9" x 25 3" (3.28m x 7.7m) Offering a window to the front elevation allowing for ample natural light, the primary living space enjoys carpet flooring and a central heating radiator. Double doors open into the garden.

KITCHEN 7 3" x 8 10" (2.21m x 2.69m) Fitted with a range of wall mounted and base units with complementary work surfaces over. Features include an inset sink and drainer unit, space for cooker and other appliances. With rear elevation window, side access door leading to a side lobby which gives access to the garage and wc.

WC With a wc and wash hand basin

LANDING Giving access to the bedrooms and bathroom, with a window to the side elevation and loft access.

BEDROOM 9 0" x 14 2" (2.74m x 4.32m) A double room to the front elevation, double glazed window, fitted wardrobes and carpet flooring.

BEDROOM 10 8" x 9 10" (3.25m x 3m) A second double room with a window to the rear elevation, central heating radiator and carpet flooring.


BEDROOM 7 8" x 9 0" (2.34m x 2.74m) The third bedroom offers a window to the front elevation, carpet flooring, fitted wardrobe and central heating radiator.

BATHROOM 7 10" x 5 8" (2.39m x 1.73m) Fitted with a three piece suite comprising a shower cubicle, wash hand basin and WC, tiled surrounds. Having an obscure rear elevation window.

OUTSIDE The plot offers parking to the front giving access to the attached garage boasting an up and over door, power and lighting. To the rear is a fully enclosed garden consisting of paved areas. With fencing to boundaries.

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

£ 258450

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
    £ 7750
  • 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

£ 25950
  • 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