3 bedroom town house for sale

£264,950

3

Bedrooms

Floorplan

THE PROPERTY AND VILLAGE Situated within a cul de sac setting is this well proportioned and most attractively presented modern town house residence. The property offers flexible accommodation which includes entrance hall with guest cloakroom, dining room/bedroom four and dining/breakfast kitchen.To the first floor there is the spacious lounge with double doors and Juliet balcony, plus bedroom three. The upper floor includes two bedrooms and bathroom, the master enjoying an en-suite shower room. Externally there is a lovely private and easily maintainable garden which accesses through to the parking and garage. Personal inspection is the only way to appreciate this much loved home.

Shardlow is a village in Derbyshire, about six miles South East of Derby and eleven miles South West of Nottingham, an important late 18th-century river port for the trans-shipment of goods to and from the River Trent to the Trent and Mersey Canal, during its heyday from the 1770s to the 1840s it became referred to as "Rural Rotterdam" and "Little Liverpool". Today Shardlow is considered Britains most complete surviving example of a canal village with over 50 Grade II listed buildings and many surviving public houses within the designated Shardlow Wharf Conservation Area. The village has a number of public houses and is situated on the 24 hour running Skylink bus route connecting Derby and East Midlands airport. Nearby Castle Donington has a high standard of amenities and facilities.



ACCOMMODATION

GROUND FLOOR

ENTRANCE HALL With stairs rising to the first floor, understairs storage cupboard, central heating radiator, oak flooring.

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

DINING ROOM/BEDROOM FOUR 15 9" x 7 9" (4.8m x 2.36m) Having been previously used as both a bedroom and dining room, including double glazed window to the front elevation, central heating radiator, oak flooring.

DINING KITCHEN 14 6" x 9 9" (4.42m x 2.97m) Including a range of units at eye and base level providing work surface, storage and appliance space. One and a quarter bowl sink unit with mixer tap over, four ring stainless steel hob with extractor over, electric oven, dishwasher. Plumbing for washing machine, concealed wall mounted central heating boiler, space for a fridge/freezer, double glazed window to the rear elevation, oak flooring, double glazed French doors opening to the rear garden.

FIRST FLOOR

LANDING With double glazed window to the front elevation, central heating radiator, stairs rising to the second floor.

BEDROOM THREE 9 3" x 7 7" (2.82m x 2.31m) With double glazed window to the front elevation. Central heating radiator.

LOUNGE 14 6" x 9 9" (4.42m x 2.97m) Plus 7 5" x 6 10" (2.26m x 2.08m) With double glazed double doors opening to a Juliet balcony, double glazed window to the rear elevation, two central heating radiators.

LANDING With access to the roof space.

MASTER BEDROOM 12 5" x 8 4" (3.78m x 2.54m) With double glazed windows to the rear elevation, central heating radiator, fitted wardrobes. 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 mains fed shower. Opaque double glazed window to the rear elevation, central heating radiator, part tiled walls, extractor.

BEDROOM TWO 11 10" x 11 1" (3.61m x 3.38m) Narrowing to 8 10" (2.69m). With double glazed window to the front elevation. Central heating radiator.

BATHROOM Comprising a suite in white of panelled bath with mains fed shower over, wash hand basin and W.C. Part tiled walls, down lighters.

OUTSIDE The property is set back from the pavement behind a small area of slate beds. To the rear a lovely enclosed garden with patio, shaped lawn and gated access through to the parking and GARAGE 18 3" x 9 6" (5.56m x 2.89m) with a up and over door.

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

£ 221283.75

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

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
    £ 6623.75
  • 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

£ 22571.25
  • 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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