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£135,000 Offers in excess of
Bedrooms
FREEHOLD---NO CHAIN---FREEHOLD---NO CHAIN
No matter what the financial climate properties suitable for first time buyers or small families are always sought after, and this home at this price will certainly be of interest to many.
The lounge, kitchen and the two bedrooms are all of a decent size and will fit the needs of everyone. The modern kitchen offers plenty of storage cupboards and drawers together with ample worktop space. Good quality laminate flooring has been laid in both the lounge and the kitchen.
The rear garden will also appeal to many as it is a dream for young children and adults alike plus of course a pet dog.
The long driveway will cope with 3-4 vehicles so it will be of interest to caravan, motorhome and trailer owners or someone that has a van for work or business. Alternatively the fence could be moved to increase the area to the rear of it creating give more room to the garden or a space for secure storage.
Upstairs there are two bedrooms, one that gives 12.6 sq metres of space and the other 10-.55sq mtrs, plenty of room for everyones requirements. The bathroom has a modern suite and a shower over a large bath .
In the final analysis this property is a must for your Must See list as we are sure that, with all it has to offer, it represents very good value. Please contact us if you would like to arrange a viewing. We can probably arrange viewings late afternoon and also during the weekend.
It is the policy of Open House Estate Agents to give both vendors and potential buyers good service therefore the telephone number shown is available 24/7. We will try to respond to viewing or information requests between 8.00am and 7.00pm seven days a week. Once you have made the first contact with us you will be given a direct number for the person assigned to 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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