3 bedroom semi-detached for sale

£300,000 Offers in excess of

3

Bedrooms

1

Bathrooms

Floorplan

Scott & Stapleton are excited to offer for sale this charming starter home style semi detached house offered at a realistic price for a quick sale.

This super property has 3 good size bedrooms, 2 reception rooms, fitted kitchen, modern fitted kitchen, full UPVC double glazing & gas central heating.

There is a west facing rear garden extending to approx. 50 backing on to allotments and the property is set well back from the road with a large front garden.

Situated in a convenient location there are an abundance of amenities within walking distance including local schools, shops, parks, sports centre & golf course.

A great opportunity for a first time buyer, downsizing option or long term but to let investment. An early internal inspection is strongly advised.

Accommodation Comprises - UPVC entrance door with double glazed insets, leading to entrance hall.

Entrance Hall - 3.73m x 1.73m (123 x 58) - UPVC double glazed window to side. Stairs to first floor with understairs storage, laminate flooring, double radiator.

Lounge - 4.47m x 3.73m (148 x 123) - UPVC double glazed bay window to front. Laminate flooring, radiator, coved ceiling with ceiling rose. Door to dining room.

Dining Room - 3.58m x 3.15m (119 x 104) - UPVC double glazed window to rear. Laminate flooring, radiator, coved ceiling with ceiling rose. Door to kitchen.

Kitchen - 3.58m x 2.49m (119 x 82) - UPVC double glazed windows to rear & side, half UPVC double glazed door to rear on to garden. Range of base & eye level units with matching drawer pack. Spaces for gas oven, fridge/freezer, washing machine & dishwasher. Roll edge worktops with inset one and a quarter bowl sink unit with mixer tap & matching drainer, tiled splashbacks, laminate flooring, wall mounted Radiant boiler (not tested).

First Floor Landing - 2.62m x 1.91m (87 x 63) - UPVC double glazed window to side. Built in airing cupboard, loft access. Doors to all rooms.

Bedroom 1 - 3.76m x 3.28m (124 x 109) - UPVC double glazed window to front. Radiator.

Bedroom 2 - 3.48m x 3.28m (115 x 109) - UPVC double glazed window to rear. Built in wardrobes, radiator.

Bedroom 3 - 2.74m x 2.21m (9 x 73) - UPVC double glazed window to front. Radiator.

Bathroom - 2.21m x 1.68m (73 x 56) - Obscure UPVC double glazed windows to rear & side. White suite comprising of panelled bath with mixer tap, separate shower over & glass screen, low level WC & wash hand basin in vanity unit with mixer tap. Fitted cupboard to 2 walls, heated towel rail, fully tiled walls, extractor fan.

Front Garden - The property is set well back from the road with a large walled front garden. Pedestrian access to rear.

Rear Garden - Large west backing rear garden extending to approx. 50. Commencing with patio with remainder laid to lawn, greenhouse, shed, brick built outbuilding 84 x 62, outside WC.



Features
  • Freehold

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

£ 250200

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
    £ 7500
  • 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

£ 25200
  • 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

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  %

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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