2 bedroom semi-detached for sale

£250,000

2

Bedrooms

Floorplan

Situated on one of the most sought after roads in Hucknall in a peaceful cul-de-sac setting stands this charming two bedroom semi-detached property which is immaculately presented throughout. Boasting a private & landscaped west facing garden, internally the property comprises of a spacious hallway, reception room with bay window, refitted kitchen complete with integrated appliances, conservatory, two well proportioned double bedrooms and a recently refitted shower room with separate w.c. With on road parking available to the front early viewing is strongly recommended.

HALLWAY Accessed via an external uPVC door with fitted carpet, wall mounted radiator, stairs rising to the first floor, under stairs storage cupboard and ceiling light.

RECEPTION ROOM 13 11" x 13 5" into bay (4.24m x 4.09m) With a fitted carpet, uPVC double glazed bay window, gas fire and surround, wall mounted radiator and ceiling light.

KITCHEN 13 11" x 10 (4.24m x 3.05m) With a range of fitted high and low level units with a squared edge wood worktop over incorporating a one and half bowl stainless steel sink and drainer, splash back tiling, integrated electric oven, inset gas hob, integrated fridge, freezer, washing machine, dishwasher and wine cooler, ceramic tiled flooring, uPVC double glazed windows to the side and rear elevations and external door to the conservatory, pantry and ceiling light.

CONSERVATORY 13 9" x 9 3" (4.19m x 2.82m) With wood effect laminate flooring, a range of uPVC double glazed windows and French Doors leading out to the rear garden and ceiling light and fan.

LANDING With a fitted carpet, ceiling light and access to all first floor accommodation.

MASTER BEDROOM 13 11" into wardrobes x 11 (4.24m x 3.35m) With a fitted carpet, uPVC double glazed window to the front elevation, a range of fitted wardrobes, wall mounted radiator and ceiling light.

BEDROOM TWO 13 11" x 10 max (4.24m x 3.05m) With a fitted carpet, two uPVC double glazed windows to the rear elevation, two wall mounted radiators and a ceiling light.

SHOWER ROOM With a double wide walk in shower enclosure with a mains fed mixer bar shower with rise and twin shower heads, vanity wash hand basin, wood effect flooring, part ceramic wall tiling, chrome heated towel rail, opaque uPVC double glazed window to the side, loft hatch and fitted ceiling spotlights.

SEPARATE W.C With a low flush w.c., wood effect flooring, part ceramic wall tiling, opaque uPVC double glazed window to the side and fitted ceiling spotlights.

EXTERNAL The property enjoys a fantastic, enclosed west facing rear garden which is mainly laid to lawn with a patio area, borders containing a range of mature plants and shrubs, a gravelled seating area, recently installed shed, fenced boundary and secure gate access. To the front is a gravelled garden a walled and fenced boundary. On road parking is available to the front.

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

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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