4 bedroom semi-detached for sale

£199,950 OIRO

4

Bedrooms

1

Bathrooms

2

Reception

Property Solvers Express Sales proudly presents this exceptionally large property with a range of modern features situated in the residential outskirts of Bolsover.

Recently extended, at 1,593 square feet (148 square metres), our size checks point to this being the largest property on the street.

This welcoming home has a driveway and front south-facing garden that leads to an internal garage.

Enter the property via side entrance into a wide L-shaped entrance hall leading to a 144 square foot lounge area to the left and huge (480 square foot) kitchen/dining area to the right. The fully-integrated and tastefully decorated kitchen has modern skylight installations that result in a uniquely spacious feel.

This area of the house then flows into a 104 square foot conservatory to the left and a massive garden to the right.

On the ground floor, there is also a utility room and extra storage space.

Upstairs there are four double bedrooms - including the master (with an impressive 251 square feet of space!) - as well as a family-sized bathroom.

The house is within short walking distance to Bolsover Castle alongside a range of amenities found in the town centre. Youll also be within easy access of the M1 (J29A) as well as a range of other transport links.

Within walking distance are a number of Ofsted-rate Good schools including Bolsover Infants and Secondary schools. Palterton, Scarcliffe, Duckmanton, Woodthorpe primary schools (all with the same Good rating) are also close by.

Viewing highly recommended - this competitively-priced property will not stay on the market for long...

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

£ 157661.25

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
    £ 4998.75
  • 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

£ 7698.75
  • 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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