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£925,000
Bedrooms
Bathrooms
A classic 1930s halls adjoining three bedroom semi-detached family home, which has been well maintained and presented both inside and out. Highly sought after, these lovely homes are very popular and an internal inspection is advised to appreciate the quality of the interior and size of the accommodation.
For Sale: - Just step inside and it is clear to see that the current owners have clearly spent a good deal of time and money in creating a lovely home. The finish and presentation is a lovely mixture of the best of the classic 1930s character design enhanced by all the benefits of modern day living, with the open plan kitchen/ diner being a particular feature, ideal for entertaining and benefiting from double doors leading on to the raised patio area which over looks the rear garden. A useful utility room and downstairs WC has been added, using part of the original garage, which is now used for storage. The separate living room to the front has the feature deep bay window which lets in lots of light, benefiting from the southerly aspect.
There are three bedrooms upstairs, comprising of two large double and a third single, all served by a modern family bathroom and separate WC.
OUTSIDE: to the front there is a stone paved driveway providing off street parking. To the rear the garden is well kept mainly laid to lawn and extends to approx; 50ft. There is a good size garden shed/man cave to the rear and also a potting shed.
Location: - Montrose Avenue, is one of the areas more popular residential roads, mainly for the quality of the build being a 1930s classic style, but also because of the close proximity of Whiton High Street, shops railway station and bus routes, not to mention the local schools and sports facilities.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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