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£310,000 Guide Price
Bedrooms
Bathrooms
PENNINGTON are pleased to be able to offer this detached three bedroom house in the popular village of Trimley St Martin with easy access to A12/A14 and Felixstowe. The property comprises; entrance hall, lounge, conservatory and fitted kitchen. Upstairs off the landing are two double bedrooms and a single bedroom and family bathroom with shower over bath. Outside to the rear is an established garden mainly laid to lawn and 2 garden sheds. To the front is a block paved driveway and detached garage. EPC Rating D.
Details:
Entrance hall 410 x 49 (1.48m x 1.45m)
Door off to lounge / dining area, sunroom/Conservatory and kitchen. Power point, Radiator, Stairs to first floor.
Lounge / Dining 124 x 238 (3.77m x 7.22m)
Bright and spacious carpeted lounge / dining area, free standing electric fireplace, access through to sunroom, Power points, 2 Radiators, door off to kitchen.
Sunroom/Conservatory 1011 x 114 (3.34m x 3.46m)
Good sized conservatory with floor to ceiling windows, and Double doors to rear garden access. Power points.
Kitchen 71 x 910 (2.17m x 3.01m)
Rustic tiled floor, built in 4 ring gas hob and electric oven. Stainless steel sink unit & single drainer. Space available for washing machine and fridge freezer. Range og eyelevel and base units and drawers. Under stair pantry / cupboard. Rear garden access via UPVC door and window. Power points
Upstairs
Landing 62 x 75 (1.91m x 2.28m)
Loft access, airing cupboard housing boiler and 2 slatted shelves. Doors off.
Bedroom (1) Front Facing 93 x 119 (2.84m x 3.60m)
Good sized double bedroom, carpeted with large upvc window to front. Power point, Radiator.
Bedroom (2) Rear Facing 95 x 118 (2.88m x 3.56m)
Standard size double bedroom, carpeted with Upvc window to rear. Power point, Radiator
Bedroom (3) 63 x 75 (1.91m x 2.28m)
Single bedroom with small upvc window to rear.Power point, Radiator.
Bathroom 62 x 75 (1.91m x 2.28m)
Standard size family bathroom, with electric shower over bath, sink, toilet and electric towel rail. Small frosted upvc window for natural light to front.
Outside
To the front of the property pea shingled front garden, blocked paved driveway with detached garage with up and over door. Personnal door to the side.
Rear garden
Garden laid to lawn with 2 garden sheds Double doors conservatory and rear door into Kitchen.
Tenure: Freehold
EPC band: C
Council tax band: C
NB: Property is currently Vacant possession.
Map location is not available for this property.
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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