3 bedroom detached for sale

£235,000 Offers over

3

Bedrooms

CRME DE LE CREEL! Click on Virtual tour! Beautifully presented modern detached three bedroom house is available for sale in the popular coastal village of Cove. Featuring a secluded quiet off development of residential family homes. This area is peaceful and boasts an excellent community. The property enjoys the comforts of gas central heating and double-glazed windows throughout. This property would provide an excellent family home. Importantly, the property consists of three excellent sized rooms throughout. Parking is available on the driveway to the front of the property. Early viewing is recommended to avoid disappointment.

Cove is a suburb on the south-east edge of Aberdeen. It is a popular residential area given its village like status and its proximity to the Altens and Tullos Industrial Estates, as well as the A90. The area also has easy access to shops and other amenities.

Area features include:

- Pure Gym
- Various Cafes
- Local IKEA
- Cove Bay Football Club
- Makro
- Coastal views
- Industrial Estates in Altens and Tullos
- Community events

LOUNGE The lounge area is decorated to a high standard. Boasting from laminate flooring and neutral dcor this room is excellent for hosting. The living area overlooks the front of the premises allowing plenty of natural light by the large window. Access to the upper level and benefits from an open dining room.

DINING ROOM Step into this beautiful dining area, overlooking the private rear garden, this space offers a great space for meals and gatherings. The dining area is complete with laminated flooring and neutral dcor, providing both style and durability. Convenient access to the kitchen ensures seamless meal preparation and service. Whether hosting intimate dinners or larger gatherings, this dining area is sure to impress with its blend of sophistication and comfort.

KITCHEN Spacious fitted kitchen, features sleek light wooden cabinets paired with speckled grey countertops, creating a modern and sophisticated aesthetic. Equipped with a range of integrated appliances, including a gas hob, dishwasher, electric oven and over head fan, a freestanding fridge/freezer. Ample natural light floods the space through large rear facing window, creating a bright and inviting atmosphere. Breakfast bar for 2-3 people for those easy breakfasts, a large storage cupboard and door to access the single garage all from the kitchen.

CONSERVATORY Good sized space with excellent natural light from the wall to wall windows and ceiling. Access from the dining room with patio doors leading to the rear garden, making this a great room for relaxing or entertaining guests.

FIRST FLOOR

MASTER BEDROOM Generously sized double bedroom with a built-in wardrobe equipped with sliding mirrored doors. Natural light floods the room with the large rear facing window. Carpeted flooring and neutral dcor completes the room. The room also has a great benefit with access to the en-suite shower room.

ENSUITE Modern three piece white suite with excellent storage given by the under and over sink storage cupboards. Rear facing window, tiled flooring and neutral dcor completes this room.

BEDROOM 2 Another fantastic sized bedroom with front facing window. Excellent storage given by the built-in wardrobe equipped with modern sliding doors. Neutral dcor and carpeted flooring completes this room.

BEDROOM 3 Final double bedroom with built-in wardrobes and sliding doors. Front facing window, neutral dcor and carpeted flooring completes this room.

BATHROOM Contemporary three piece white suite with shower over bath and excellent under sink storage. Aqua paneling surrounds the bath and sink splash areas. Side facing window, tiled flooring and neutral dcor completes this room.

EXTERNALLY Front garden is mainly all driveway for 2-4 cars. Single garage accessed from the driveway. Rear garden is fully enclosed and mainly laid with lawn and benefits from a patio area.

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

£ 184825

Mortgage Loan to Value

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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
    £ 5875
  • 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

£ 8575
  • 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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