Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£225,000 Guide Price
Bedrooms
Bathrooms
Property Description
A fantastic opportunity to acquire this two-bedroom first floor maisonette, tucked away in a quiet cul-de-sac location and offered to the market with no onward chain. This property presents excellent potential for those looking to update and modernise to their own taste, making it an ideal project for first-time buyers, investors, or downsizers seeking a home they can truly make their own.
Accessed via a private entrance, the accommodation begins with a ground floor entrance hall with stairs leading to the first floor. At the top of the stairs, a spacious landing provides access to all rooms.
The main reception area has been opened up by combining the original lounge and second bedroom, resulting in a bright and generous lounge/dining room perfect for entertaining or relaxing. This space could easily be reconfigured to reinstate the second bedroom, offering flexibility to suit your needs.
The main bedroom is a comfortable double, benefitting from a range of fitted wardrobes, offering plenty of storage. The kitchen and bathroom are both in need of updating, giving the new owner a chance to create a contemporary and functional space.
Externally, the property boasts its own private rear garden, a rare and desirable feature for maisonette living ideal for gardening, relaxing, or enjoying the outdoors.
Situated in a peaceful cul-de-sac, the location offers a sense of privacy and quiet, while still being conveniently placed for local amenities, transport links, and schools.
With no onward chain and scope to improve and add value, this maisonette is a must-see for buyers looking for a property with potential in a sought-after residential setting.
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
