3 bedroom terraced for sale

£1,000,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

A delightful period home, set on this prestigious street right in the heart of the town. Beautifully presented, and featuring a charming west-facing walled garden - viewing is a must! Await EPC

This charming home is set on one of the areas prettiest streets. With its attractive red-brick exterior and full-height bay window, the property has superb kerb appeal and is approached via a canopied porch.

On entering, its immediately apparent that the house has a bright, airy atmosphere and has been carefully finished to retain an authentic period feel. Ornamental cornicing and attractive wooden flooring enhance the welcoming entrance hall, which leads into a wonderful sitting room bathed in natural light from the large bay window. This elegant space features beautiful parquet flooring and a handsome fireplace, creating a perfect balance of style and comfort.

Beyond lies the heart of the home - a fabulous open-plan kitchen, dining and living area with a vaulted ceiling and glazed doors opening onto the lovely rear garden. There is ample room for a large dining table and a more informal breakfast bar, complemented by an excellent range of classic wall and base units with granite worktops. A separate utility room provides additional storage and workspace, alongside a convenient ground-floor cloakroom.

Upstairs, a generous landing leads to two excellent double bedrooms. The principal bedroom includes a recess ideal for conversion to an en suite, as well as fitted storage. The family bathroom is spacious and beautifully appointed, featuring a contemporary white suite with a large bathtub and separate shower cubicle. The loft has been converted to provide a further double bedroom with generous floor space and charming views.

Outside, the west-facing garden is a true delight - a sunny, private haven with a central lawn framed by wonderfully stocked borders and enclosed by attractive Victorian red-brick walls. A useful storage shed completes the picture.

To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers and sellers. We use the services of a third party, Coadjute, who will contact you directly to do this. They will need the full name, current address, telephone number, and email address of all buyers. There is a nominal charge of 45 for this per person, payable direct to Coadjute. Please note, we are unable to issue a memorandum of sale until the checks are complete.

Map location is not available for this property.

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 818950

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 25000
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 68950
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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