3 bedroom semi-detached for sale

£435,000 OIRO

3

Bedrooms

1

Bathrooms

Floorplan

SUMMARY This well-presented three bedroom semi-detached house with garage is situated in Poppyfields, a quiet and peaceful cul-de-sac located in the popular Panshanger area of Welwyn Garden City. The property features a dual aspect lounge, kitchen, three good-size bedrooms, bathroom, and a delightful low maintenance garden to the rear which is not overlooked. In close proximity to the property are scenic countryside walks, local shopping amenities and services, Morrisons Supermarket, and good local schooling. The property is a short drive from Welwyn Garden City Town Centre, which features an abundance of restaurants, cafes, and independent retailers, together with a 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 PORCH UPVC front door leading to entrance hall porch comprising carpet, hanging space, ceiling light.

DUAL ASPECT LOUNGE/DINER 21 9" x 11 5" (6.63m x 3.48m) Carpet, double-glazed windows to front aspect, double-glazed patio doors leading out to garden, Aquair warm air heating system, two light fittings.

KITCHEN 10 8" x 8 4" (3.25m x 2.54m) Tiled floor, a range of white modern shaker style tongue and groove base and wall units, laminate work surfaces, white sink with matching mixer tap, integrated electric BOSCH oven with gas hob and filter-hood over, space for fridge-freezer, full-size dishwasher, and washing machine, part-tiled walls, double-glazed window with fitted blind to rear aspect, LED ceiling lights.

STAIRS & LANDING Carpet, airing cupboard housing boiler and storage space, loft, smoke alarm, ceiling light.

MASTER BEDROOM 12 10" x 9 6" (3.91m x 2.90m) Carpet, double-glazed window to front aspect with fitted blind, fitted bedroom furniture, ceiling light.

BEDROOM TWO 9 9" x 9 6" (2.97m x 2.90m) Carpet, double-glazed window to front aspect with fitted blind, fitted bedroom furniture, ceiling light.

BEDROOM THREE 9 6" x 8 10" (2.90m x 2.69m) Carpet, double-glazed window to rear aspect with fitted blind, ceiling light.

BATHROOM Laminate floor, modern white bathroom suite comprising walk-in double shower cubicle with shower attachment, wall-mounted sink with stainless steel mixer tap, low-level flush WC, part-tiled walls, double-glazed obscured window to rear aspect with fitted blind, chrome heated towel rail, extractor fan, inset LED ceiling lights.

EXTERNAL SPACE Externally, the front of the property is laid to lawn with a pathway leading to front and side access gate, outside porch light, and garage with additional parking space to the front. To the rear, is a good-size garden laid to lawn and not overlooked. The garden has handy side access, patio, shed, and easy maintenance borders featuring established flowers and shrubs. There is additional on-street parking for any visitors.

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

£ 361575

Mortgage Loan to Value

%

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
    £ 10875
  • 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

£ 35325
  • 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

£

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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