ROBINS ESTATES are delighted to offer FOR SALE this beautiful THREE BEDROOM SEMI DETACHED property in this ever popular location. The property boasts a sizeable extended kitchen and conservatory.

The property sits extremely favourably within this popular catchment location with easy reach of schooling for all ages such as William Lilley Infant School, Fairfield Primary and George Spencer Academy Trust. There is also easy access to the A52 giving direct links to both Nottingham and Derby, junction 25 of the M1 motorway and the Nottingham Electric Tram terminus situated just off the Bardills roundabout. Easy access to local shops and amenities.

We believe the property would make an ideal first time buy or young family home, the property is offered For Sale with no upward chain.

In brief the property comprises;-

UPVC PORCH
Windows having fitted plantation blinds which are included in the sale. Access to the front entrance door

ENTRANCE DOOR
Gives access to the lounge with stairs leading to first floor.

LOUNGE
The focal point of the lounge is the cast iron fireplace housing coal effect gas fire. There is a window to the front aspect which is fitted with quality Plantation blinds which are included in the sale. Laminate wood flooring, radiator, under stairs storage and door leading to;

OPEN PLAN DINING KITCHEN
The kitchen is fitted with a range of white gloss wall, base and drawer cupboards with black granite effect laminate working surfaces over.
Inset drainer sink with monobloc tap over, integrated dishwasher, space and plumbing for washing machine, gas stainless steel hob with extractor fan over, double oven. Centre dining island with cupboards underneath, tiled flooring.

DINING AREA
The dining area has space for a large table and chairs, tiled flooring, window to rear garden.

CONSERVATORY
Tiling to floor, radiator, made to measure blinds which are included in the sale, views over the rear garden.

FIRST FLOOR

LANDING AREA
With window to side aspect, loft access and doors leading off to bedroomsshower room.

MASTER BEDROOM
The master bedroom is fitted with a range of fitted wardrobes, which provide ample hanging and shelving space, radiator, window to front aspect with fitted plantation blind which is included in the sale, laminate flooring.

BEDROOM TWO
This double bedroom has a range of fitted wardrobes giving ample hanging and shelving space, radiator, window to rear aspect with venetian blind included in the sale.

BEDROOM THREEWARDROBE ROOM
Currently used as a wardrobe room this single bedroom has a radiator, window to front aspect with plantation blinds fitted which are included in the sale.

SHOWER ROOM
Fully tiled using Italian tiles and marble, large walk in shower with hand spray and overhead soaker head. Vanity unit with inset round marble wash hand basin, monobloc mixer tap over, low flush wc, chrome heated towel rack. Window to rear aspect having venetian blind which is included in the sale.

OUTSIDE
To the rear there is a low maintenance garden, which is paved and pebbled. There is also a decked patio area along with a covered eating area for Al Fresco dining. Garage with power and light.
To the front there is a driveway providing off road parking.

The property is currently in Council Tax band B which is approximately 1274.00 per annum
The property is Freehold.

Disclaimer:
Robins Estates, their clients and employees 1: Are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representation of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Robins Estateshave not tested any services, equipment or facilities. Purchasers must make further investigations and inspections before entering into any agreement.

Purchaser Information - Money Laundering Regulations 2017 (MLR 2017)
Robins Estates require any successful purchasers proceeding with a property to provide two forms of identificationi.e. passport or photocard driving licence and a recent utility bill or bank statement. We are also require to obtain proof of funds and provide evidence of where the funds originated from. The evidence will be required prior to Robins Estates removing a property from the market and instructing solicitors for your purchase.

Features

Freehold

Mortgage Calculator

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

First Payment Year

Mortgage Amount (£)

Interest Charged (%):

Term of Mortgage (years):

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

Is first time buyer

Purchase Price

I want to invest

Years of Investment

Est. Rental Income

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

Mortgage Required

£ 213075

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
£ 6375
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

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Refurbishment Budget

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.

Survey Costs

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.

Mortgage Fees

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.

Legal Fees

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

£ 21825

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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Mortgage Interest Rate

Management Fee % (Ex. VAT)

Letting Fee

Maintenance rate

This is the percentage of the rent that you will spend maintaining the property.

Ground Rent

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

Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

Buildings Insurance

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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Estimated Capital Growth Rate

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.

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Robins Estates - Nottingham

3 bedroom semi-detached for sale

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Total Profit

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Final Property Value

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