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£150,000
Bedrooms
Bathrooms
Offering charming features, Minors and Brady are pleased to present to the market this two bedroom end terrace cottage situated in the sought-after market town of Swaffham. Offering well naturally lit rooms throughout, this property offers the opportunity to put your own stamp on it and make it your own. It is located within close proximity to an array of wonderful local amenities.
Offering charming features, Minors and Brady are pleased to present to the market this two bedroom end terrace cottage situated in the sought-after market town of Swaffham. Offering well naturally lit rooms throughout, this property offers the opportunity to put your own stamp on it and make it your own. It is located within close proximity to an array of wonderful local amenities.
Location Swaffham is a popular Norfolk market town with a good selection of shops, pubs and restaurants. The town is well catered for with a Waitrose and other supermarkets, an excellent Saturday market, three doctors surgeries, free parking throughout the town and also primary, secondary and higher schools. There is easy access to the A47 with Kings Lynn approx 15 miles and approx 30 miles to the city of Norwich, with excellent bus services to local villages and surrounding towns and cities.
Living room 11 2" x 10 3" (3.4m x 3.12m) As you step through the main entrance door, you are met with the Living Room which is fitted with tiled flooring throughout, two double glazed windows to the side aspect, a radiator, a built-in storage cupboard, power points, a television point and an exposed brick feature fireplace with the option to have an electric fire in front.
Kitchen 10 0" x 7 1" (3.05m x 2.16m) Quality fitted Kitchen comprising of a range of matching wall and base units work surfaces over, an inset stainless steel single sink and drainer unit, power points, space and plumbing for a washing machine, space for a fridge/freezer, space for an oven with hob over, a radiator, tiled splashbacks, terracotta Norfolk pamment tiled flooring throughout, a door to the exterior, a door to the Bathroom and access to the carpeted staircase which leads to the First Floor Landing with a storage cupboard under.
Bathroom Three piece suite fitted with a low level WC, hand wash basin, a bath with electric shower over, the gas central heating boiler, tiled flooring throughout, partly tiled walls and a double glazed privacy window to the side aspect.
First floor landing Fitted with carpet flooring throughout and doors to all First Floor rooms.
Bedroom 1 11 3" x 10 3" (3.43m x 3.12m) Double Bedroom fitted with carpet flooring throughout, power points, a radiator and a double glazed window to the front plus a storage cupboard.
Bedroom 2 9 9" x 7 5" (2.97m x 2.26m) Second Bedroom fitted with carpet flooring throughout, power points, a radiator and a double glazed window to the rear.
Agents notes Minors and Brady understand that the property is freehold and connected to mains electricity, water, gas and drainage. The property is fitted with a gas central heating system and the boiler is around 4 years old (serviced annually). Also benefiting from all newly replaced windows.
Council Tax Band: A
disclaimer: We endeavour to make our adverts accurate and correct, and ask our sellers to approve these details prior to going to market, however these do not form any part of a contract and any buyers are advised to check the details upon viewing, including any specifications, sizes and whats included on their fixtures and fittings forms when purchasing.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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