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£540,000
Bedrooms
Bathrooms
CASTERBRIDGE, SAPLEY LANE, OVERTON RG25 3LJ
All measurement are approximate
An opportunity to purchase a two-bedroom bungalow in a large plot with lounge, dining room, kitchen/ breakfast room, family bathroom, en-suite shower room, utility room, gas radiator central heating, double glazed windows, double garage and large rear garden. Situated a short distance from the local shop with the village centre providing a further range of specialist stores, cafes, pubs, restaurants, a small supermarket and many sports and recreational facilities. There are frequent bus services to Basingstoke, Andover and the cathedral city of Winchester. The mainline railway station has fast services to London Waterloo via Basingstoke and Salisbury to the West Country. The A303 is a short drive away linking London M3 (M25), Southampton and the south west.
ACCOMMODATION COMPRISES
Double Glazed Door To-
ENTRANCE HALL
LOUNGE About 18 x 12 Radiator, double glazed window, brick-built fireplace with wooden mantle and brick hearth with fitted gas fire, door to
DINING ROOM About 13 x 12 Double glazed window.
KITCHEN/ BREAKFAST ROOM About 106'x 9 Stainless steel single drainer sink unit with cupboard under, a further range of wall and base level units with work surfaces, gas hob, radiator, double glazed window, double glazed door to garden.
BEDROOM ONE About 12x 12 Radiator, double glazed window.
BATHROOM Panelled enclosed bath with shower screen, close coupled WC, pedestal wash hand basin, double glazed window.
BEDROOM TWO About 11x 19 Radiator, double glazed window.
EN-SUITE SHOWER ROOM Corner shower cubicle, close coupled WC, vanity wash hand basin.
FRONT GARDEN Grassed area with retaining stone wall, flower and shrub beds.
DRIVEWAY
DOUBLE GARAGE Electric up n over door, airing cupboard, wall mounted boiler for central heating and hot water, door to
UTILITY ROOM About 16 x 6 Radiator, butler sink, wall and base level units, two double glazed window.
REAR GARDEN Full width patio area with steps down to lawn, garden shed, flower and shrub beds, pathway to vegetable garden, greenhouse.
SERVICES All main services. Gas radiator central heating
COUNCIL TAX We understand from the Valuation Office Agency that the property is in band 'E'
FREEHOLD
EPC RATING
VIEWING Only by appointment with Parnell Jordy & Harvey, 5 Winchester Street, Overton, Basingstoke, RG25 3HR.
FOLIO 6794 RB10225
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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