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£310,000
Bedrooms
Bathrooms
Council tax band: C
Michael Nicholas Estate Agents are pleased to offer for sale this 1930's 3 bedroom mid terrace property.
This property is located walking distance to Southmead Hospital and close to large businesses in the Filton area which include Airbus and the MOD.
The house is arranged over 2 levels. Accommodation includes, a traditional style entrance hallway, 2 separate receptions and a kitchen with access to the rear garden. To the first floor is 3 bedrooms and a family bathroom.
Externally the garden is laid to lawn with a patio and with vehicular access which is enclosed by double gates.
Whilst the property does require general refurbishment, we feel this gives the next buyer the opportunity to create their own lovely home or this could be an ideal buy to let opportunity with rental demand being high within the area.
Further benefits include, gas central heating, double glazing and NO ONWARD CHAIN.
Further information.
We understand from the seller that the property is Freehold. This will be confirmed by your solicitor prior to exchange of contracts. The EPC is Band C and the council tax band is C.
Entrance
Entry via entrance door into entrance hallway.
Entrance Hallway
Stairs to first floor, radiator, picture rail, under stairs storage cupboard, meter cupboards, doors to:
Lounge
14 3 x 12 0 (4.37m x 3.67m) (Measured into bay). Double glazed bay window to front, radiator, picture rail.
Dining Room
12 9 x 11 0 (3.89m x 3.38m) Double glazed window to rear, wall mounted 'Worcester' boiler, radiator.
Kitchen
9 0 x 6 11 (2.76m x 2.12m) Part double glazed door to rear garden, double glazed window to rear, base units with work top space over, built in oven, gas hob & extractor, stainless steel sink drainer unit with mixer tap, space for appliances.
Landing
Loft access, doors to:
Bedroom 1
14 8 x 11 1 (4.49m x 3.4m) (Measured into bay). Double glazed bay window to front, radiator, picture rail.
Bedroom 2
12 8 x 11 1 (3.87m x 3.38m) Double glazed window to rear, radiator, picture rail.
Bedroom 3
9 5 x 6 10 (2.88m x 2.11m) Double glazed window to front, radiator.
Bathroom
5 11 x 6 10 (1.82m x 2.11m) Obscure double glazed window to rear, 3 piece suite comprising of low level WC, pedestal wash hand basin, bath with shower system over, part tiled walls, radiator.
Front Garden
Laid to paving, flower bed border, enclosed by low level boundary wall & gate.
Rear Garden
Patio area leading to lawn, enclosed by timber fencing & gates, metal shed. Rear access.
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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