Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£185,000 Guide Price
Bedrooms
'MUST SEE, IDEAL FIRST TIME BUYERS HOME' - spacious, modern and well presented two bedroomterraced house. This property has been renovated by the current owner with new roof to both main building and extension, new double glazed windows and backdoor + composite front door, newly fitted bathroom, laminate flooring downstairs and new carpets upstairs and fence panels in garden. The house compromises of gas radiator central heating. It features a lounge, dining room, fitted kitchen, boiler/washing cupboard, fitted bathroom, two double bedrooms and good size rear garden.
LOUNGE - 11-2 x 10-10 with double glazed front window, laminate flooring and radiator
INNER LOBBY - with door to cellar
REAR DINING ROOM - 11-10 x 11-2 with double glazed window looking out to garden, laminate flooring, radiator
FITTED KITCHEN - 13-9 x 6-3 with double glazed window, tiled flooring, radiator, base and wall mounted units, wood worktop, fitted sink and black tap, built in oven and gas hob with cooker hood over
REAR LOBBY - cupboard housing washing machine and boiler
ATTRACTIVE BATHROOM - with double glazed windows side and rear, pedestal wash handbasin, L-bath, W.C, heated towel rail
FIRST FLOOR ACCOMODATION
LANDING with doors to;
BEDROOM ONE - 11-10 x 11-2 with double glazed rear window looking out to garden and radiator
BEDROOM TWO - 11-2 x 10-10 with double glazed window at front and radiator
OUTSIDE:
PLEASANT GARDEN with pathway up the middle, lawn either side and patioed area at the top and bottom
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
