3 bedroom semi-detached for sale

£250,000 Offers over

3

Bedrooms

1

Bathrooms

Floorplan

*modern & sizeable family home* Located in the popular market town of North Walsham, Minors & Brady are pleased to present this stunning, recently renovated three bedroom home sat within a very generous and enclosed plot with plenty of space for a growing family.

Location North Walsham is a bustling market town offering schooling for all ages, easy access to the city and also the North Norfolk coast plus all essential shops and amenities.

Entrance hall Enter into the property via a uPVC door to the side into a hallway offering tiled flooring, a radiator, stairs to the first floor and a double glazed window to the rear plus doors to all rooms.

WC Comprising a low level WC and hand wash basin plus lvt flooring, a radiator, double glazed window to the side.

Kitchen 14 7 max" x 8 0 max" (4.44m x 2.44m) This modern kitchen offers a range of wall and base units with worktops over, a sink and drainer, built-in oven and induction hob, spaces for a washing machine and fridge-freezer, lvt flooring, a radiator, built-in cupboard and a double glazed window to the side.

Lounge 17 8" x 11 1" (5.38m x 3.38m) A bright and recently renovated lounge area with lvt flooring, a feature fireplace, radiator and two double glazed windows to the front.

Utility room 10 9" x 4 7" (3.28m x 1.4m) Spaces for additional white goods, tiled flooring, a radiator and a double glazed window to the front.

First floor landing Fitted carpet, a radiator, double glazed window to the rear and doors to all rooms.

Bedroom 13 0 max" x 12 0 max" (3.96m x 3.66m) Double bedroom with newly fitted carpet, a radiator and a double glazed window to the front.

Bedroom 10 11" x 10 0" (3.33m x 3.05m) Double bedroom with newly fitted carpet, a radiator and a double glazed window to the front.

Bedroom 9 1" x 8 0" (2.77m x 2.44m) Newly fitted carpet, a radiator, built-in cupboard and a double glazed window to the side.

Bathroom 5 0" x 7 11" (1.52m x 2.41m) Re-fitted to include a p-shaped bath with shower over, a hand wash basin and low level WC plus fully tiled walls and vinyl flooring, a heated towel rail and a double glazed window to the rear.

Exterior Sat within a very generous plot offering a lawn garden to the front with a pathway leading to the side entrance door. The rear provides a spacious and fully enclosed garden laid to lawn and shingle with seating areas and a double timber shed.

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.

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

£ 208950

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 6250
  • 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

£ 21450
  • 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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