3 bedroom terraced for sale

£650,000

3

Bedrooms

1

Bathrooms

Floorplan

Charming 3-Bedroom Terraced Home in a Secluded Close just off Blenheim Road in the popular Clarence Park area, offered with no onward chain!

Secluded Location. Enjoy the peace and privacy of a tucked-away close, while remaining within easy reach of local amenities and transport links.

Open-Plan Living. The spacious open-plan living and kitchen area creates a welcoming space for both relaxation and entertaining.

Attractive Rear Garden. Step outside to a beautifully maintained garden, perfect for outdoor dining, gardening, or simply unwinding in a serene setting.

Garage en Bloc. Benefit from the convenience of a garage located within a nearby block, providing secure parking / 12m2 of additional storage options.

This property is ideal for families, professionals, or anyone seeking a peaceful retreat without compromising on accessibility. Dont miss the opportunity to make this charming home your own.

The Ground floor has a small Entrance Hall with doors to the cloakroom WC, storage cupboards as well as the main living area.

The living room has a curved bay window and an attractive log effect gas fire. The dining area with double doors into the garden also leads to the open plan kitchen.

The kitchen is finished to a high standard and has a good range of base and wall units as well as fully integrated appliances and Granite Worktops.

The first floor has 2 double bedrooms, both with large fitted wardrobes, and one good sized single. The recently fitted modern bathroom features a full sized bath with overhead shower, basin with attractive vanity unit and WC.

The rear garden has been greatly improved by the current owners and now has a very contemporary feel with a patio, perfect for outside dining and a lawned area with a good range of shrubs and plants.
There is also a gate at the bottom of the garden providing easy access.

This property also benefits from a combi boiler located in the loft and a garage situated in a bloc at the rear of the property.

The City of St Albans is a sought after location in the leafy county of Hertfordshire, it offers both historic tradition by way of period properties and a beautiful Cathedral as well as many modern amenities including a vast array of bars and restaurants nestled amongst some fantastic independent shops. The city is also perfectly located for transport links including M1 and M25 as well as the City Station with trains into London St Pancras taking 19 mins. In addition the excellent range of both independent and state schools make St Albans the perfect choice for families and professionals alike.

Agents are required by law to conduct anti-money laundering checks on all those buying a property. We outsource the initial checks to a partner supplier Intelligent Services Group Ltd who will contact you once you have had an offer accepted on a property you wish to buy. The cost of these checks is 30. This is a non-refundable fee. These charges cover the cost of obtaining relevant data, any manual checks and monitoring which might be required. This fee will need to be paid and the checks completed in advance of the office issuing a memorandum of sale on the property you would like to buy.

Map location is not available for this property.

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

£ 538950

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 16250
  • 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

£ 51450
  • 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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