2 bedroom semi-detached for sale

£254,000

2

Bedrooms

1

Bathrooms

Floorplan

Situated in the village of Bozeat with easy access to Olney, Milton Keynes and Wellingborough is this beautifully presented mature two bedroom semi detached house with off road parking and 88ft long rear garden. The property has undergone modernisation works in recent years and now benefits from a refitted kitchen with built in appliances, a refitted bathroom suite, gas radiator central heating and uPVC double glazing. The rear garden is well laid out with various sections and includes a summer house and brick built store/workshop. The accommodation briefly comprises lounge, dining room, hallway, kitchen, two bedrooms, bathroom, gardens to front and rear and parking.

Enter via entrance door to.

Lounge 11 11' into chimney breast recess x 11 10' into bay (3.63m x 3.61m) Bay window to front aspect, white fire surround with tiled inset fireplace and hearth, radiator, T.V point, coving to ceiling, wood effect floor, door to.

Hallway Wood effect floor, stairs to first floor landing, through to.

Dining Room 11 10' into chimney breast recess x 10 10' (3.61m x 3.3m) Window to rear aspect (to porch), window to side aspect, fireplace, radiator, wood effect floor, coving to ceiling, door to.

Kitchen 14 3' x 6 10 ' (4.34m x 2.08m) (This measurement includes area occupied by the kitchen units) Refitted to comprise single drainer stainless steel sink unit with cupboards under, mixer tap, range of base and eye level units providing work surfaces, tiled splash areas, built in electric oven, electric hob with extractor hood over, space for fridge/freezer, plumbing for washing machine, wood grain effect floor, window to rear aspect, two windows to side aspect, door to porch.

Porch Window to rear aspect, part obscure glazed door to driveway.

First Floor Landing Window to side aspect, doors to.

Bedroom One 12 0' into chimney breast recess x 10 1' (3.66m x 3.07m) Window to front aspect, radiator, overstairs cupboard/wardrobe.

Bedroom Two 12 1' into chimney breast recess x 11 0' (3.68m x 3.35m) Window to rear aspect, radiator, door to.

Bathroom Refitted white suite comprising shower/bath with mixer shower, low flush W.C, wash basin with vanity cupboards, tile splash areas, white towel radiator, obscure glazed window to rear aspect, cupboard housing gas fired boiler serving central heating and domestic hot water.

Outside Front - Gravel which provides space to park a small car, driveway for two further cars, outside W.C, gate to.

Rear Garden - Approximately 88ft in length, red brick path, gravel, paving, lawn, various shrubs and bark chippings, wooden deck, further patio, greenhouse, two sheds, fence, path to brick built store with window, could be used as workshop.

Summer House - Power and light connected, windows and double opening doors to garden.


Material Information The property Tenure is Freehold.

Council Tax
We understand the council tax is band B (1,688.98 per annum. Charges for 2024/2025).


Agents Note
Please be aware that some photographs used in our particulars are obtained using a wide-angle lens.

Conveyancing
We are able to offer a free quotation for your conveyancing from a panel of local solicitors or licensed conveyancers.

Offers
For offers to be submitted in the best light, the majority of vendors require us to confirm buyers have been financially qualified. We will require a Mortgage Certificate or Agreement In Principle (A.I.P.) and proof of deposit or cash. This information will be treated confidentially and will not be seen by any other party. We are obliged by law to pass on all offers to the vendors until contracts have been exchanged.

Money Laundering Regulations 2017 & Proceeds of Crime Act 2002
In order to comply with the above Regulations, an intending purchaser will be required to provide official I.D; proof of address, evidence of funding and source of deposit clearly showing the name of the account holder. If funds are being provided by a third party i.e. family, we will require the same from them too. We will verify clients identity electronically from the details provided. The information will be checked against various databases. This is not a credit check of any kind and does not affect credit history. We will retain a record on file.
General Data Protection Regulations 2018
Should you view or offer on this property, we will require certain pieces of personal information in order to provide a professional service to you and our client.
The personal information provided by you may be shared with the seller, but it will not be shared with any other third parties without your consent.
More information on how we hold and process your data is available on our website -

Mortgages
We are able to offer our clients mortgage advice through our association with an independent mortgage advisor. Written quotations are available on request. A life policy may be required.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

DISCLAIMER
The information given in these particulars is intended to help you decide whether you wish to view this property and to avoid wasting your time in viewing unsuitable properties. We have tried to make sure that these particulars are accurate, but to a large extent we have to rely on what the seller tells us about the property. We do not check every single piece of information ourselves as the cost of doing so would be prohibitive and we do not wish to unnecessarily add to the cost of moving house. Once you find the property you want to buy, you will need to carry out more investigations into the property than it is practical or reasonable for an estate agent to do when preparing sales particulars. For example, we have not carried out any kind of survey of the property to look for structural defects and would advise any homebuyer to obtain a surveyors report before exchanging contracts. If you do not have your own surveyor, we would be pleased to recommend one. We have not checked whether any equipment in the property (such as central heating) is in working order and would advise homebuyers to check this. You should also instruct a solicitor to investigate all legal matters relating to the property (e.g. title, planning permission etc) as these are specialist matters in which estate agents are not qualified. Your solicitor will also agree with the seller what items (e.g. carpets, curtains etc) will be included in the sale.

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

£ 212250

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
    £ 6350
  • 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

£ 21750
  • 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

Adjust these figures

  %
  %
£
  %

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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