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£850,000
Bedrooms
Bathrooms
Located on an exclusive Cul-De-Sac of similar properties, pull straight onto the block-paved driveway surrounded by mature trees and into your double garage, which has power and light connected and personnel door through into the house. Entering through the front door leads you into a spacious hallway that runs front to back with all the ground floor accommodation accessible and a return-style staircase ascending to the first floor.
You have a large naturally well-lit living room, offering lots of family space and an open plan walk through to the dining area with French doors overlooking the rear garden. The beautifully fitted kitchen affords workspace, drawer and high-level storage, pullout larder-style cupboards, built-in double fridge and freezer, four-ring electric induction hob, Neff double oven, Bosch integrated dishwasher and door leading into the utility room. On the ground floor, you alsohave your cloakroom and a separate office for when youre working from home and need that all-important quiet space.
The first floor landing provides a large flowing area with storage and door leading off into Bedroom one with en suite and separate dressing area with wardrobe space. Bedroom two also has its own en-suite and wardrobe space. There are three further bedrooms that offer great flexibility and a large family bathroom with a three-piece suite comprising bath, basin and W.C.
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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