3 bedroom terraced for sale

£185,000

3

Bedrooms

1

Bathrooms

Floorplan

Presenting for sale this immaculate end of terrace, ideally suited for first-time buyers and families.. One of the standout features of this property is that it has been fully rewired and replumbed, ensuring that all the electrical and plumbing systems are up to date and of the highest quality. The property boasts a harmonious blend of space, comfort, and style, located in an area benefiting from nearby schools, local amenities, and 15 minute walk to Mesnes park.

The residence offers an inviting layout comprising of three tastefully presented bedrooms; two spacious doubles and one single. Each bedroom is designed to utilise space efficiently and provide a relaxing environment.

The property features a single, well-maintained bathroom equipped with both a bath and shower, catering to all your needs. The kitchen, one of the many highlights of this home not only has it been beautifully designed, but it also comes fully equipped with brand new integrated appliances.

The generous reception room is the heart of this home, providing a warm and welcoming space for relaxation and entertainment. One of its unique attributes is the direct access to the garden, allowing a seamless indoor-outdoor living experience.

Further enhancing the appeal of this property are its unique features which include ample parking facilities, featuring a double drive, and a beautifully manicured garden, perfect for outdoor leisure activities or tranquil relaxation. The property comes fitted with an EV car charger. This feature is not only environmentally friendly but also incredibly convenient for those with electric vehicles.

In summary, this property is a standout opportunity for those seeking a modern, well-equipped home. It has been thoughtfully designed to cater for todays lifestyle needs. From the fully rewired and replumbed systems to the brand-new kitchen appliances and the EV car charger, every detail has been carefully considered and implemented to the highest standard. This property truly represents an unbeatable combination of comfort, convenience and contemporary living.

EPC rating: C. Tenure: Freehold,

Features
  • Freehold

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

£ 146075

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
    £ 4625
  • 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

£ 7325
  • 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

Adjust these figures

  %

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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