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£1,000,000
Bedrooms
Bathrooms
A superb example of an elegant, Victorian, town house believed to date from c.1860, tastefully presented throughout and offering versatile accommodation with the potential to incorporate a self-contained, double bedroom apartment with its own private front access or be used, as at present, as part of the main house accommodation. Situated along this highly desirable tree lined road a short stroll from the popular Bath Road shops.
This outstanding, Grade II listed, family home retains a traditional theme throughout offering a wealth of period features and is arranged over three floors. There is a paved front garden enclosed by wrought iron railings with steps leading to the lower and upper ground floor entrances.
The well-presented accommodation briefly comprises:- on the upper ground floor , reception hall with elegant wooden rail staircase leading to the first and lower ground floors; living room with beautiful dual full length sash windows to the front aspect, feature fireplace with stone hearth and bespoke fitted cupboard into the alcove with shelving and an opening into the dining room with matching feature fireplace. The modern kitchen/breakfast/sun room enjoys matching units, striking granite work surfaces, Brittania Range cooker, integral appliances with continuous Oak flooring into the breakfast/sun room.
The impressive lower ground floor accommodation has a generous inner hallway leading to the enclosed porch, spacious reception room with dual windows and feature gas fireplace, double bedroom, fitted modern kitchen/utility with terracotta flooring and solid wooden work surfaces, shower room, separate cloakroom and rear lobby with attached outside store room. On the first floor are three good sized bedrooms and family bathroom, the principal bedroom having dual aspect windows to the front aspect and an en suite shower room.
The private enclosed, west facing attractive garden is paved offering an ideal space for al fresco dining with a variety of plants, flower beds, shrubs and small trees. In addition there is a GARAGE situated to the rear which can be accessed from Brandon Place.
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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