3 bedroom detached for sale

£199,950

3

Bedrooms

2

Bathrooms

2

Reception

Council tax band: D.

Spacious family home with ample off-street parking and a generous garden.

This property boasts a welcoming layout with a lounge, dining room, and kitchen on the ground floor. Upstairs offers three bedrooms and a modern bathroom. The rear garden is perfect for relaxation and entertaining, complete with a driveway, garage, and greenhouse.

Some works are required but this property has loads of potential.

Knotweed is located in the garden but not within 20 meters of the property and a plan is in force.


Approach -

Pathway to the front with front garden and step up to double glazed front door

Entrance Hallway -

Radiator. Stairs to first floor accommodation and door to lounge

Lounge - 4.366 x 2.824

Double glazed window, laminate flooring, radiator and coving to ceiling. Gas fire and surround . Door to rear lobby

Rear Lobby -

Doors to dining room, kitchen and understairs storage. Laminate flooring

Dining Room - 4.346 x 2.835

Double glazed window, radiator and coving to ceiling. Gas fire and surround

Kitchen - 3.656 x 3.049

Double glazed window and door. Part tiled walls. Fitted with a range of wall and base units with roll top work surfaces over incorporating a stainless stell sink unit with drainer and mixer tap over. Fitted oven, hob and hood. Door to rear lobby

Rear Lobby -

Doors to Downstairs W.C. and utility room

Downstairs W.C. -

Double glazed window, low level flush W.C. and wash hand basin

Utitlity Room -

Double glazed window, plumbing for washing machine and boiler

First Floor Landing -

Loft access and doors to bedrooms and bathroom

Bedroom 1 - 3.545 to front of wardrobes x 2.401

Two double glazed windows, laminate flooring and radiator. Built in storage

Bedroom 2 - 4.337 x 2.356 to front of wardrobes

Double glazed window, radiator and laminate flooring. Fitted wardrobes

Bedroom 3 - 3.690 x 3.032

Double glazed window and radiator

Bathroom -

Double glazed window and radiator. Fitted with a low level flush W.C., pedestal wash hand basin and walk in shower cubicle

Rear Garden -

Driveway leads to garage and off road parking for multiple cars. Side paved area with lawned area flower/shrubbed garden. Pathway leading to front of property. Paved path leading to side garden with 2 greenhouses with various bushes and shrubbery




New Home: Non New Home

Nearest Stations:

3.92 miles
Skewen
4.16 miles
Neath
4.29 miles
Llansamlet
5.64 miles
Briton Ferry
7.23 miles
Baglan

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

£ 157661.25

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
    £ 4998.75
  • 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

£ 7698.75
  • 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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  %
  %
£
  %

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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