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£220,000
Bedrooms
Bathrooms
Welcome to this well-presented two-bedroom semi-detached home situated in the sought-after area of Sunnyhill, Derby. Offering spacious living areas, a conservatory, a generous resin driveway, and a garage, this home is perfect for first-time buyers, small families, or downsizers.
As you enter the property, you are greeted by a welcoming hallway that leads to a bright and inviting lounge, offering an ideal space for relaxation and entertaining. Adjacent to the lounge, youll find a well-appointed kitchen/diner, complete with ample space for family meals. The dining area then leads to a lovely conservatory that overlooks the rear garden, featuring a pergola, perfect for enjoying outdoor dining and relaxation throughout the year.
Upstairs, there are two generously sized double bedrooms, both offering comfort and ample storage space. A modern family bathroom is also located on this level, providing all essential amenities.
The property further benefits from a boarded loft, complete with a ladder and lighting, offering additional storage space for your convenience. The garage is accessible through an electric roller shutter and also includes a side door for easy access to the garden. There is ample off-road parking on the gated driveway, adding to the practicality of the home.
Located in the popular residential area of Sunnyhill, the property is close to local amenities, schools, and transport links, offering convenience and comfort for everyday living.
EPC rating: D. Tenure: Freehold,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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