3 bedroom end of terrace for sale

£340,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

A spacious three bedroom family home located in an established and mature position. The property offers extensive accommodation and also benefits from a large double garage, off street parking and potential to extend, subject to any required consents.

Upon arrival at the house there is a substantial driveway which leads to the detached double garage. Attached to the side of the house is an electric vehicle charging point. There is a small area of lawn at the front of the house with a pathway that leads to the front door.

The front door opens into the hallway, from here a flight of stairs lead to the first floor landing and a door opens into the living room.

The living room is a spacious principal reception room and benefits from a feature bay window which overlooks the front, at the far end of the living room double doors open into the kitchen/dining room.

The kitchen/dining room is a large family orientated room, perfect for day to day use and hosting friends and family. Sliding doors from the dining area open to the rear garden. The kitchen area is fitted with a range of wall and floor units and ample worksurface space. At the far end of the kitchen is the downstair cloakroom.

Head back into the hallway and take the stairs to the first floor landing. On the first floor you will find three bedrooms, two of which are double rooms, the larger of the two has a bay window to the front of the house. A shower room with shower enclosure, WC and wash hand basin completes the first floor accommodation.

At the rear of the house there is a patio, perfect for al-fresco dining, beyond the patio is an area of lawn which leads to the detached garage. The garage has a up and over door at the front and a personnel door to the side. Once inside the garage a staircase leads to the loft area, this can be used as additional storage space, or perhaps it could be converted to create an office or workshop.

SITUATION

Bristol is famed for its growing reputation within the business sector and is home to a number of large employers including Rolls-Royce and the MOD.

The diverse culture within the city makes it an ideal destination for dining out, with a number of high-quality restaurants and brasseries within the Clifton area and throughout the city. The city is also home to a number of iconic landmarks including Brunels Clifton Suspension Bridge and the impressive SS Great Britain. The Bristol International Balloon Fiesta is held annually at the Ashton Court estate and attracts balloonists and spectators from all corners of the world.

Bristol also boasts a modern shopping centre in the heart of the city, Cabot Circus which offers a broad spectrum of shops and dining facilities. On the northern side of the city just off junction 17 of the M5 is the regional shopping centre Cribbs Causeway, again offering a plethora of shops, restaurants, and leisure facilities.

The Heritage city of Bath is also within easy reach of the property. Famed for its Georgian architecture Bath is home to the Roman Baths and is a popular destination for locals and tourists. The city also boasts a racecourse for the racing enthusiasts.

The M4 and M5 motorways are within easy reach, mainline rail connections to London Paddington are offered at Bristol Temple Meads. For those looking to travel further afield, Bristol International Airport is a mere 8 miles away and offers regular domestic and international flights.

GENERAL

Tenure Freehold. Services - Mains water, mains gas, mains electricity. Postcode BS14 9BZ. Energy Performance Certificate D. Viewings - Strictly by appointment with the Vendors agent Northwood

EPC rating: D. Tenure: Freehold,

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Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 283200

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 8500
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 28200
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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