2 bedroom semi-detached for sale

£250,000

2

Bedrooms

Floorplan

Situated on a deceptively spacious plot with an extensive south facing rear garden, this two bedroom semi-detached house also has an abundance of charm and character throughout. In brief the accommodation comprises of two reception rooms, a fitted dining kitchen and w.c. to the ground floor. To the first floor the generously sized master bedroom comes complete with fitted wardrobes and there is a second double bedroom which in turn provides access to the bathroom and with stairs to the spacious attic room. Alongside the large rear garden which offers a patio area and summer houses the property has a gated driveway to the front leading to a well proportioned single garage. Situated within easy reach of the local amenities the property suits a wide range of buyers and early viewing is strongly recommended.

RECEPTION ROOM 12 2" x 11 11" (3.71m x 3.63m) Accessed via an external door with fitted carpet, double glazed windows to the front and side elevations, electric fire with surround and hearth, wall mounted radiator and ceiling light.

HALL With fitted carpet, stairs rising to the first floor and ceiling light.

RECEPTION ROOM 13 x 12 (3.96m x 3.66m) With a fitted carpet, double glazed windows to the side and rear elevations, electric fire with surround and hearth, wall mounted radiator and ceiling light.

DINING AREA 9 5" x 5 11" (2.87m x 1.8m) With a fitted carpet, double glazed window, a range of fitted units, wall mounted radiator and ceiling light.

KITCHEN 8 11" x 5 11" (2.72m x 1.8m) With a range of fitted high and low level units with a worktop over incorporating a one and half bowl sink and drainer, splash back tiling, integrated electric oven, inset gas hob with extractor hood over, fitted carpet, washing machine plumbing, double glazed window to the side elevation and ceiling light.

REAR LOBBY With tiled flooring, wall mounted radiator, external door to the rear garden and ceiling light.

GROUNDFLOOR W.C. With a low flush w.c., corner half pedestal wash hand basin, tiled flooring, wall mounted radiator, opaque double glazed window to the rear elevation and ceiling light.

LANDING With a fitted carpet and wall light.

MASTER BEDROOM 12 4" x 11 8" (3.76m x 3.56m) With a fitted carpet, double glazed window to the front elevation, a range of fitted wardrobes, wall mounted radiator and ceiling light

BEDROOM TWO 12 1" x 9 4" (3.68m x 2.84m) With fitted carpet, double glazed window to the rear elevation, wall mounted radiator, ceiling light and stairs rising to the attic room.

BATHROOM With a fitted suite comprising of a bath with mixer tap and shower riser over, low flush w.c., pedestal wash hand basin, fitted carpet, wall mounted radiator, opaque double glazed window to the rear elevation and ceiling light.

ATTIC ROOM 12 3" x 11 10" (3.73m x 3.61m) With a Velux window and ceiling light.

EXTERNAL The property stands on an impressive sized plot (just over 1/10th of an acre) and has a sprawling south-facing rear garden which is mainly laid to lawn with two spacious patio areas, a range of mature shrubs and planters, a summerhouse, shed and fenced boundaries. To the front is a gated driveway which leads to a well proportioned garage with electric roller shutter door, power, lighting and double glazed window and external door to the rear elevation.

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

%

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
    £ 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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  %
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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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