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£525,000
Bedrooms
Bathrooms
If youre looking for a spacious four-bedroom family home in a peaceful, yet convenient spot, then youve got to check out this home in Glendale! Built in the early 1980s with a mock Tudor fasciaand timber-framed lead light-style windows, typical of the time. The Locks Heath Primary Schools are just a few minutes on foot, with Locks Heath shopping centre less than a mile away for all your shopping needs, whether its the weekly shop or a quick run for essentials. Plus, with St Johns Park up the road and the Warsash Common nearby, theres no shortage of places for the kids (or the dog!) to burn off some energy.
To the front there is driveway parking for two cars and, although the additional lawn area adds great curb appeal, there is scope for further parking if required. The front door opens into the hallway with doors off to the kitchen and sitting room with stairs up to the first floor. For convenience, a cloakroom is also situated off the hallway. A further door opens to the double garage, which has plenty of storage for bikes and toys or even the car! Practical wood effect flooring flows throughout the ground floor.
The kitchen has an archway to the dining area, making family mealtimes a lovely sociable affair here. Glazed double doors open into the sitting room from the dining area, making this a wonderfully flexible home which can be adapted when entertainingand offers space for all the family to chill out and be together around that cosy fireplace. During the summer months, were sure youll love to open the patio doors and let the outside in.
The first floor offers four generous bedrooms, one currently being used as a home office. Both the en-suite, with corner bath, and family bathroom retain the original champagne-coloured suites, but are in great condition, so you wont need to hurry to change them.
Outside, the rear garden is nice and private courtesy of the mature laurel hedge to the rear. It is largely laid to lawn with a raised bed and a shingle patio area to the rear of the garage, allowing for alfresco dining.
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.
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