3 bedroom semi-detached for sale

£725,000

3

Bedrooms

2

Bathrooms

Floorplan

An extended and fully modernised four-bedroom semi-detached house situated conveniently for Hershams local amenities and both local primary and secondary schools and offered to the market with no onward chain.

The property has undergone extensive renovations by the current owners where attention to detail is apparent throughout the property. The lounge with feature fireplace and a bay window overlooking the front of the property is located to the left from the hall and on the right of the hall is a useful understairs storage cupboard. The end of the hallway leads in to the stunning kitchen living dining room which is fitted with an array of impressive white units including two islands and a wall of units along one wall housing the ovens and space for an American fridge freezer. Off this room is a very useful utility room and downstairs toilet. Bi-fold doors provide direct access to the garden and along with the roof light provide lots of natural light in to the room which really is the hub of the family home.

To the upstairs are four bedrooms, three doubles and one single which is currently used as a dressing room accessed via the master bedroom but could be converted back to a bedroom ideal for use as a nursery or office. The master bedroom which is part of the extension has been created to offer both a large ensuite complete with bath and separate shower unit along with the conversion of the fourth bedroom to provide a walk in dressing room. There are two further double bedrooms and a family bathroom with shower over bath.

The garden is part laid to decking and part laid to lawn and is the perfect size for a family. Storage is available via the front part of the garage. Off street parking to the front of the property is accessed via a gravel driveway where there is space for at least two vehicles.

Contact Martin & Co to arrange a viewing of this property at your earliest convenience to fully appreciate what is on offer.

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

£ 600825

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
    £ 18125
  • 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

£ 57075
  • 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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