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£289,000
Bedrooms
Bathrooms
'' FREEHOLD ''Nestled on a corner plot, with a large garden extending across two elevations and not overlooked to the rear, this fabulous 3-bedroom link-detached house offers a perfect blend of comfort and future potential.
The property has been updated by the current vendors to include new boiler and heating system, partial re wire, re plastered, new skirting, new flooring, double glazed windows, composite door, fitted wardrobes, updated kitchen and decorated throughout.
Step inside through a white composite door into the entrance hallway with doorways leading to the downstairs WC and the spacious living/dining room perfect for unwinding or entertaining family and friends. The good-sized kitchen to the front elevation is a chefs delight, with the added convenience of a door leading into the integral garage. Upstairs, there are three well-proportioned bedrooms and a family bathroom.
The location of this property and the size of the garden really sets it apart, extending across two elevations and not being overlooked with trees beyond, the rear garden provides a private sanctuary perfect for summer BBQs and relaxation. There is ample space to extend to the side, or erect a garden room/home office subject to relevant planning consent and building regulations.
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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