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£750,000
Bedrooms
Bathrooms
Front Door to
Entrance Porch
Door to
Entrance Hall
Cloaks hanging space, two radiators, laminate floor
Lounge
14 10' x 10 11' (4.52m x 3.33m) Two radiators, double glazed windows, double glazed doors to garden
Dining Room
11 11' x 10 11' (3.63m x 3.33m) Radiator, laminate floor, double glazed window
Kitchen
10 11' x 8 10' (3.33m x 2.69m) Single drainer 1 1/2 bowl stainless steel sink unit inset in roll top work surface, range of cupboards and units, space for fridge freezer, plumbing for autowash, space for cooker, double glazed window, door to garden
Bedroom 2
15 4' x 11 4' (4.67m x 3.45m) Radiator, laminate floor, double glazed window
Bedroom 3
11 10' x 11 7' (3.61m x 3.53m) Radiator, laminate floor, double glazed window
Bedroom 4
11 6' x 9 4' (3.51m x 2.84m) Radiator, double glazed window
Bathroom
Comprising panel enclosed bath with mixer tap and shower attachment, shower cubicle, low level wc, wash hand basin, cupboard, radiator, part tiled walls, two double glazed windows
Stairs to First Floor
Landing
Storage eaves, skylight
Bedroom 1
15 8' x 13 6' (4.78m x 4.11m) Radiator, double glazed window, skylight
En-Suite Shower Room
Comprising shower cubicle, low level wc, wash hand basin, heated towel rail, part tiled walls, skylight
Outside
Front Garden
Mainly paved, off street parking
Rear Garden
Decking area leading down to mainly laid to lawn area, two garden shed
Lean To
Boiler, door to garden
Map location is not available for this property.
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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