3 bedroom semi-detached for sale

£240,000 Offers in excess of

3

Bedrooms

2

Bathrooms

Floorplan

THE PROPERTY AND LOCATION Most attractively presented semi detached home built to the Queenshome design by builders Avant. The property is situated in a tucked away end of cul de sac location, enjoying views over a green area to the front elevation. Accommodation briefly comprises a beautiful open plan dining/living kitchen, lounge and guest cloakroom. To the first floor, three bedrooms (master with en-suite) and the main bathroom.

Just a minute away from the A514, Cadley Villages location provides ease of access to the centres of Swadlincote, Burton on Trent and Ashby de la Zouch. Two major bus lines pass close to Cadley Village, all run by Diamond Buses. The 21E line will take you to the likes of Newhall and Burton-on-Trent, while the 22 line takes a different route to the nearby town, passing through Stapenhill. The closest primary school to Cadley Village is Pennine Way Junior Academy (for children aged 7-11), with The Pingle Academy (ages 11-18) at senior level. The centre of Swadlincote is readily accessible by car, which enjoys a good standard of amenities including shops and supermarkets.



ACCOMMODATION

GROUND FLOOR

OPEN PLAN KITCHEN/DINER & LOUNGE

KITCHEN/DINER 17 6" x 12 2" (5.33m x 3.71m) Accessed via a composite entrance door. Includes a range of units at eye and base level providing ample work surface, storage and appliance space. One and a quarter bowl sink unit with mixer tap over, integrated fitting including Hotpoint four ring hob with extractor hood over, electric oven and microwave, dishwasher and fridge/freezer. uPVC framed double glazed window to the front elevation, central heating radiator, stairs rising to the first floor, understairs storage cupboard, LVT flooring.

LOUNGE 17 6" x 9 11" (5.33m x 3.02m) With Bi-fold doors opening to the rear garden, central heating radiator, LVT flooring.

GUEST CLOAKROOM Comprising a suite in white of wash hand basin and W.C. Central heating radiator. LVT flooring.

FIRST FLOOR

LANDING With uPVc framed double glazed window to the side elevation, access to the roof space, overstairs storage cupboard housing the combination central heating boiler.

MASTER BEDROOM 10 x 8 5" (3.05m x 2.57m) Extending to 14 2". With uPVC framed double glazed window to the rear elevation. Central heating radiator. En-suite shower room leading off.

EN-SUITE SHOWER ROOM Comprising a suite in white of wash hand basin and W.C. Walk in cubicle housing the electric shower. Chrome style heated towel rail. Tiled walls.

BEDROOM TWO 11 10" x 10 (3.61m x 3.05m) With uPVC double glazed window overlooking the green area to the front elevation. Central heating radiator.

BEDROOM THREE 10 10" maximum x 7 2" (3.3m maximum x 2.18m) With uPVC framed double glazed window to the rear elevation. Central heating radiator.

BATHROOM Comprising a suite in white of panelled bath with shower attachment off the mixer tap, wash hand basin and W.C. Opaque uPVC framed double glazed window to the front elevation, Chrome style heated towel rail, tiled walls.

OUTSIDE The property is situated in a tucked away end of cul de sac location, enjoying open views over a green area to the front elevation. There is a small area of lawn to the front with adjacent driveway providing off road parking. To the rear a good sized garden which is enclosed and includes shaped lawn and an area of patio.

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

£ 188700

Mortgage Loan to Value

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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

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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
    £ 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

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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

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  %

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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