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£325,000
Bedrooms
Bathrooms
Council tax band: B
Located within the popular Kingswood area of Bristol, Michael Nicholas are delighted to offer this well presented Family Home.
Positioned within this side street, the property in brief offers the following accommodation.
Upon entry you will find a traditional style entrance hallway with a feature stained and leaded glass entrance door, stripped wooden flooring, stairs rising to the first floor and access to the lounge and the open plan kitchen/dining room. The lounge is cozy and features a bow bay window. The kitchen/dining room has been opened to create a sociable family space. There is stripped wooden flooring and a selection of base units with space for appliances. From here there is access to a lean/utility and the rear garden.
To the first floor can be found 3 bedrooms (2 double and 1 single) and a modern fitted family bathroom.
Externally the property offers an established and well stocked rear garden which is mainly laid to lawn with a decking area to enjoy the aspect on offer. There is rear access to the garage (storage only) and rear lane.
Further benefits include gas central heating and double glazing.
This property in our opinion would make a lovely first time purchase or suit those looking to upsize or downsize.
Viewing highly recommended to appreciate all on offer, VIEW NOW!
TENURE
The vendor has advised us that this property is of a freehold tenure. There is a perpetual rent charge of 4 per year. This information is yet to be confirmed. Purchasers should obtain information of this from their solicitor prior to exchange of contracts.
From Lodge Causeway (B4048) turn in to Charlton Road and continue over the traffic lights in to New Queen Street, taking a left turn in to Glenburn Road continuing on in to Burchells Avenue, where the property can be found.
Entrance
Entrance via glass paneled door in to a small double glazed porch, with door in to hallway.
Hallway
Wooden door with stained glass panel surround, stripped wood flooring, radiator, stairs to first floor and rooms;
Lounge
12 1 x 12 6 (3.69m x 3.82m) Double glazed bow bay window to the front, radiator, open chimney breast.
Kitchen / Dining Room
18 5 x 11 5 (5.63m x 3.48m) (Measured at the widest point)
Double glazed French doors and matching windows to the rear, with additional door to the utility / lean-to, radiator, stripped wood flooring. Modern fitted kitchen incorporating breakfast bar, gas hob, electric oven, sink & drainer and space for a fridge/freezer and dishwasher.
Lean-To / Utility
Double glazed door and panels to the rear garden, two cupboards housing the boiler and washing machine.
Landing
Stairs rising from the ground floor to the first floor landing, with access to the loft and doors to;
Bedroom 1
11 3 x 10 7 (3.44m x 3.25m) Double glazed window to the front, radiator.
Bedroom 2
10 2 x 11 7 (3.11m x 3.55m) Double glazed window to the rear, radiator.
Bedroom 3
8 4 x 7 5 (2.56m x 2.28m) Double glazed window to the front, radiator.
Bathroom
6 4 x 5 2 (1.94m x 1.6m) Double glazed window to the rear, towel radiator, Modern white suite comprising of WC, wash basin and bath with shower above.
Front Garden
Small walled garden, with lawn and shrub borders, ironwork gate and pathway to front entrance.
Rear Garden
Approximately 70ft with a pleasant aspect, comprising of wood decking leading to lawn and mature borders of plants, trees and shrubs. There is a green house, vegetable area, detached garage and gate to the rear of the garden, with an additional pathway, outside tap and gate to the side.
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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