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£415,000
Bedrooms
Bathrooms
CHAIN FREE. Welcome to this fabulous 3-4 bedroom detached 1920s Bungalow, nestled in a sought-after location that promises both character and potential. This property is a hidden gem waiting to be uncovered, offering a great opportunity for renovation or extension (subject to planning), making it the perfect canvas for your dream home. With a generously sized plot featuring a 9-metre garage.
Ideally situated near Newton High Street and Train Station, this property offers offering convenience and charm in abundance.
Step outside and be greeted by the front garden adorned with mature shrubs, trees, and a lush lawn, exuding kerb appeal that sets the tone for the potential within. The driveway leads to a large garage/workshop. As you make your way to the rear garden, youll discover a tranquil oasis, surrounded by greenery and boasting privacy that is a rarity in todays bustling world. Whether you prefer to unwind on the patio, host gatherings on the lush lawn, or simply bask in the serenity of a space not overlooked by neighbours, this outdoor haven is a true retreat that invites you to make lasting memories with loved ones. Dont miss out on the opportunity to make this fabulous property into your perfect home!
EPC Rating: F
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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