3 bedroom end of terrace for sale

£480,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

This spacious three-bedroom end of terrace house is situated in a popular and convenient location close to good local amenities. The property has been improved to provide a lovely family home featuring downstairs cloakroom/WC/utility room, lounge, kitchen, dining-room, conservatory, three good-size bedrooms, bathroom, and front and rear garden. The property is a short drive from Welwyn Garden City Town Centre, which features an abundance of restaurants, cafes, and independent retailers, together with Sainsburys, Waitrose and John Lewis. The Train Station features fast services to Kings Cross within 30 minutes, and additional services to Moorgate, Cambridge and Peterborough. There are also good transport links to the A1(M) and A414. Viewing of this lovely family home is highly recommended!

ENTRANCE HALL Part-glazed PVC front door with uplighters and downlighters to either side, leading into the entrance hall featuring tiled floor, triple radiator, and inset LED ceiling lights. There is a large carpeted cupboard with plenty of storage space, light, and housing modern fuse-board. Door leading to downstairs cloakroom/utility room, and lounge.

CLOAKROOM/WC/UTILITY AREA Tiled floor, low-level flush WC, vanity unit with sink and silver mixer tap, wall cupboards for additional storage, laminate work surface, washing machine, tumble-dryer, fridge-freezer, Worcester Bosch Boiler (newly fitted in April 2020), double-glazed window to side aspect with fitted blind, ceiling light.

LOUNGE 13 7" x 10 5" (4.14m x 3.20m) Laminate floor, triple radiator, electric fire with feature surround, large double-glazed window with fitted blind to front aspect, coving, dimmable ceiling lights.

KITCHEN 10 0" x 9` 7" (3.05m x 2.92m) Laminate floor, double radiator, a range of white wall and base units with laminate gloss work surfaces, glass splashbacks, white sink with mixer tap, Electric CuisineMaster, induction hob with 5 rings, 3 ovens, filter-hood over ,and feature splashback, integrated fridge, pull-out storage unit, double-glazed window with fitted blind to rear aspect, double-glazed door with fitted blind leading to rear garden, coving, inset LED ceiling lights.

Archway leading to dining area.

DINING ROOM 10 3" x 9 5" (3.12m x 2.87m) Laminate floor, single radiator, glazed French doors leading to Conservatory, coving, ceiling lights.

CONSERVATORY 9 6" x 6 11" (2.90m x 2.11m) Laminate floor, double-glazed windows and door looking out onto garden, fitted blinds, double-glazed obscured windows to side aspect, wall light.

STAIRS AND LANDING Carpeted stairs leading to landing, stained glass effect feature double-glazed window to side aspect, large full-length loft, boarded with ladder and light, airing cupboard with lots of storage space, ceiling light.

BATHROOM Tiled floor part-tiled walls, heated towel rail, white panel enclosed bath with electric shower and additional rainfall shower, vanity unit housing sink with silver mixer tap, low-level flush WC, mounted bathroom cabinet, two double-glazed obscured windows with fitted blinds, inset LED ceiling lights.

MASTER BEDROOM 13 8" x 9 4" (4.17m x 2.84m) Carpet, white built-in wardrobes offering plenty of storage with part-glazed doors, triple radiator, double-glazed windows to front aspect with fitted blind, coving, dimmable ceiling light.

BEDROOM TWO 12 3" x 9 5" (3.73m x 2.87m) Carpet, double radiator, double-glazed window to rear aspect with fitted blind, ceiling light.

BEDROOM THREE 10 2" x 7 7" (3.10m x 2.31m) Carpet, double radiator, double-glazed window to front aspect with fitted blind, ceiling light.

BATHROOM Tiled floor part-tiled walls, heated towel rail, white panel enclosed bath with electric shower and additional rainfall shower, vanity unit housing sink with silver mixer tap, low-level flush WC, mounted bathroom cabinet, two double-glazed obscured windows with fitted blinds, inset LED ceiling lights.

OUTSIDE SPACE To the front of the property is a spacious garden with a small paved seating area, feature circular patio, an abundance of flowers and shrubs in a shingle border, and an area dedicated to seasonal wildflowers. There is gated side access to the large rear garden which features new garden fencing, a large walled patio ideal for entertaining, steps leading up to the lawn, outside tap, garden shed, and attractive flower borders comprising of mature trees, flowers, and shrubs. There is potential for a garden building to the rear of the garden and parking for one car accessible via a secure gate. Additionally, there are four sets of security lighting located to the front, side, and rear of property.

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

£ 398700

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

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
    £ 12000
  • 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

£ 38700
  • 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

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This is the assumed rate of house price inflation.

Final Property Value

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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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