3 bedroom mews for sale

£850,000

3

Bedrooms

2

Bathrooms

Floorplan

Quilliam are proud to present this 3 bedroom terraced house for sale. This home features a welcoming reception room that facilitates a relaxing environment for family time or entertaining guests. The kitchen is spacious, offering ample space for cooking and meal preparation. The property boasts three bedrooms, providing plenty of room for a family or for accommodating guests. The two bathrooms are well-maintained and add to the convenience of the property. This property has potential to add a fourth bedroom in the loft (subject to planning), making it an investment opportunity to upsize and add value.

The house has an EPC rating of D and falls under council tax band F. This property is unique in its offering of an open-plan layout which creates a sense of space and flow throughout the home. Another notable feature of the house is the single garage, providing secure parking or extra storage space.

One of the standout features of this property is the garden which is south-west facing, allowing for plenty of sunlight throughout the day. It is a perfect place to relax, entertain or for children to play.

The location of this property is exceptional. It is in close proximity to public transport links, local amenities, green spaces, and nearby parks. This sought-after location makes everyday living convenient and pleasurable.
The Butts has been described as a 'seat of paradise,' likely due to its picturesque setting and historical significance. The transformation of The Butts began with William Parish in 1690, who initiated its development, and construction continued until the mid-18th century. Over time, the area evolved into a sought-after location, with elegant Georgian houses and open spaces contributing to its reputation as a tranquil and beautiful retreat.

It would ideally suit families, thanks to the number of bedrooms and the nearby amenities. This is a wonderful opportunity to purchase a home in a desirable location.

Hall -

W/C -

Bedroom 2 - 4.30m x 3.05m (141' x 100') -

Garage - 4.77m x 2.45m (157' x 80') -

Lounge - 5.56m x 4.31m (182' x 141') -

Kitchen - 4.29m x 2.11m (140' x 611') -

Bedroom 1 - 3.77m x 3.03m (124' x 911') -

En-Suite - 2.09m x 1.35m (610' x 45') -

Bedroom 3 - 3.08m x 2.09m (101' x 610') -

Bathroom - 2.09m x 2.04m (610' x 68') -

Driveway -



Features
  • Freehold

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

£ 703950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 21250
  • 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

£ 66450
  • 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

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  %

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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