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£250,000 Offers over
Bedrooms
Bathrooms
Extended 3 Bedroom Semi Detached House with Hall, Lounge, Dining Room, Kitchen, WC, Landing, 3 Bedrooms and Bathroom.Front and Rear Gardens with Private Driveway. No Chain
Entrance Hall
Front door into Porch and door into Hallway
Stairs to 1st floor
Doors to Lounge and Kitchen and WC, storage cupboard under stairs and window to the side
Lounge (11 10 x 16 2 (3.61m x 4.94m))
Window to the front, double doors to Dining Room
Dining Room (8 11 x 15 2 (2.72m x 4.63m))
French doors to the rear garden, door to Kitchen
Kitchen (8 8 x 14 9 (2.65m x 4.49m))
An excellent range of eye and low level units incorporating a stainless steel sink drainer unit. Plumbed for washing machine, space for fridge and freezer. Door at side and window to rear.
Landing
Window to the side
Doors to 3 Bedrooms and Bathroom
Boiler in cupboard
Bedroom One (11 10 x 9 0 (3.60m x 2.74m))
Window to the front, storage cupboard
Bedroom Two (9 0 x 12 1 (2.74m x 3.69m))
Window to the rear
storage cupboard
Bedroom Three (6 6 x 8 0 (1.97m x 2.44m))
Window to the front
Bathroom (6 3 x 5 7 (1.90m x 1.70m))
Three piece suite comprising corner shower cubicle with electric shower, vanity unit wash hand basin and WC, tiled walls and window to the rear
Driveway And Gardens
Private driveway to the front with lawn and planted out borders.
Access at side into enclosed rear garden with patio and gravel and wooden shed.
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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