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£299,995
Bedrooms
Bathrooms
FREEHOLD HOUSE...A rare opportunity at this price level to purchase a two bedroom Freehold split-level house, in need of some refurbishment, with a good rear garden, close to Braughings excellent Jenyns first school and nursery and within walking distance of the village pubs, church and sports ground. With electric heating and double glazing, the accommodation comprises split-level hallway, open-plan living room/kitchen, two bedrooms and shower room. There is a residents car park with non-allocated parking just a few yards away. Braughing is one of East Herts most sought-after villages, just a few minutes drive from the A10 dual carriageway.
Entrance Hall - Mid-level entrance hall. Part glazed front door. Steps both up to first floor and down to lounge, kitchen and garden from this mid level area. Storage cupboard.
Lounge/Diner - 5.07m x 3.61m (167' x 1110') - Dual aspect, with two double-glazed windows to the rear overlooking the garden, and another to side. Two wall mounted electric heaters. Feature fireplace surround, with decommissioned back boiler fire. Large under stairs storage cupboard. TV Point.
Kitchen - 4.08m x 2.26m (134' x 74') - Range of fitted wall and base units with work surfaces over. Electric oven, 4 ring electric hob with extractor above. White composite sink drainer unit with white mixer tap. Plumbing for washing machine & dishwasher. Space for fridge freezer. Vinyl flooring. Breakfast bar.
First Floor -
Landing - Double-glazed window to side. Wall mounted electric heater. Airing cupboard housing water cylinder. Access hatch to loft.
Bedroom One - 5.09m x 2.6m (168' x 86') - Two double glazed windows to rear overlooking garden. Wall mounted electric heater.
Bedroom Two - 3.29m x 2.0m (109' x 66') - Double-glazed window to front.
Shower Room - 2.94m x 2.27m (97' x 75') - Obscured window to front aspect. White bathroom suite comprising: Large shower tray with electric shower, low level economy flush WC and wash hand basin with chrome mixer tap and vanity unit below. Laminate wood flooring. Eyeball ceiling lighting and fully tiled walls. Wall mounted mirrored cabinet. Chrome heated towel rail.
Outside -
Front - Block paved approach to front door. Externally lit front door with canopy roofing above. Storage cupboard.
Private Rear Garden - Laid to lawn, with some mature shrubs. Large outside storage cupboard. Pathway through garden to rear gate access.
Parking For Residents - Communal walkway from front door leading to a residents car park with non-allocated parking spaces.
Agents Notes - The house benefits from mains drainage, water and electricity. Heating is via electric heaters.
Broadband & mobile phone coverage can be checked at
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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