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£220,000 Offers over
Bedrooms
Bathrooms
'''THREE BEDROOM SEMI DETACHED HOUSE '''
Northwood Sales and Lettings are delighted to offer to the market this lovely three bedroom semi-detached home situated on Gillan Road in Springfield. This home briefly comprising of entrance porch, hallway with wooden flooring, downstairs WC, spacious lounge through dining room and modern fitted kitchen with integrated double oven. On the first floor are three good size bedrooms and a fully tiled family bathroom with separate shower enclosure. Externally the property benefits from a single garage, driveway parking and rear garden. Ideally located to the town centre which boasts great shopping, leisure facilities, nightlife, and Mesnes Park. Perfect for a first time buyer or family. Popular area close to schools, transport and local amenities.
VIEWING ESSENTIAL!!! NO CHAIN!!!
LEASEHOLD 999 YEARS FROM 1972 - GROUNT RENT IS 17.50 PER ANNUM - EPC RATING C - COUNCIL TAX BAND C
For information on broadband or mobile coverage in the area, please visit checker.ofcom.org.uk. Should you require EV charging, we advise that you get clarification as to whether the property can support an EV charger. To know if there is a risk of flood at this property, please visit gov.uk/check-long-term-flood-risk.
We have taken every care to ensure that the particulars listed are accurate; however, this cannot be guaranteed. Therefore, we advise that prior to a viewing, any potential tenants or buyers carry out research on the property and let us know if you have any queries we can help with.
EPC rating: C. Tenure: Leasehold,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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