3 bedroom terraced for sale

£315,000

3

Bedrooms

Floorplan

' Chain Free'Spacious 3-bedroom terraced property with lots of character, in a great location near to Princes Park and the seafront with bus services nearby..Features include a well-presented interior,3 bedrooms,2 reception rooms easily managed enclosed rear garden. Double glazed throughout Gas CH

The ground floor features a welcoming entrance hall, a bright and airy living room with a bay window and feature fireplace, a versatile dining room/bedroom with a rear-facing window and feature fireplace, to the rear of the property is a modern kitchen with ample storage and work surfaces,tiled flooring, patio doors lead to the easily managed, enclosed rear garden.
Upstairs, there are two double bedrooms, a large single bedroom, a shower room with a walk-in shower and WC, and a separate bathroom boasting a white rolltop bath and basin.

The property benefits from gas central heating, double glazing, and an EPC rating of C.



ENTRANCE HALL UPVC entrance door leading to reception rooms and Kitchen Oak effect flooring Stairs to first floor

LOUNGE Lovely bright room with Character features,double glazed bay window to front elevation, feature fireplace,high ceilings and original coving radiator. oak effect flooring.

DINING ROOM /BEDROOM 4 Double Gazed window to rear ,looking out to the garden,radiator feature fireplace light oak effect flooring

KITCHEN/BREAKFAST ROOM Modern kitchen with ample storage and work surfaces,Electric Oven and Gas Hob , space for washing machine, Dryer, and full size fridge freezer, tiled flooring, recessed spot lights, patio doors lead to the easily managed, enclosed rear garden.

STAIRS Stair to first floor carpeted

BEDROOM 1 Double Glazed window to front elevation,radiator carpet flooring ample space for wardrobe and double bed

BEDROOM 2 Double Glazed window to rear elevation,radiator,carpet flooring ample space for Double bed and storage

BEDROOM 3 Double Glazed window to rear elevation,radiator, overlooking the garden, carpet flooring

BATHROOM 1 With walk in shower,low level WC.frosted window to side elevation.

BATHROOM 2 With Roll top bath and wash basin,window to side elevation

GARDEN Enclosed rear garden laid mainly to lawn path to rear hard paving area access from Kitchen Patio doors

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

£ 262575

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 7875
  • 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

£ 26325
  • 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

Adjust these figures

  %
  %
£
  %

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

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message