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£350,000
Bedrooms
Bathrooms
A detached chalet style property situated in a sought after location with the potential for extending with the necessary consent that is offered to the market with no onward chain. The accommodation provides on the ground floor hall, sitting room, dining room, kitchen, bedroom and bathroom. Upstairs, there are two bedrooms. The property is warmed by gas fired central heating by a new boiler installed in June 2024. Outside, to the front the garden is mainly laid to lawn and there is a driveway offering parking and access to the garage. The very generous size rear garden has patio, lawn, various mature shrubs and side gated pedestrian access. Viewing is highly recommended on this home. Durrington has a range of local amenities to include schools, mini supermarkets, petrol station, vets, doctors surgery, swimming pool and public house and is ideally placed for the A303 road network.
Front door to:
Hall
Stairs rising to the first floor, radiator.
Sitting Room
131' (3.99m) x 1010' (3.30m)
Double glazed window to the front elevation, radiator.
Dining Room
1011' (3.33m) x 811' (2.71m)
Double glazed window to the rear elevation, radiator.
Kitchen
111' (3.37m) x 105' (3.18m)
A fitted kitchen with a range of base and wall units, preparation work surfaces, stainless steel sink unit with drainer, gas hob with extractor hood, double oven, plumbing for washing machine and dishwasher, gas fired boiler, double glazed window to the rear elevation, radiator, door giving access to the side.
Bedroom
125' (3.78m) x 105' (3.18m)
Double glazed window to the front elevation, radiator.
Bathroom
Comprising of bath with mixer tap and shower attachment, electric shower, shower screen, wash hand basin, W.C., radiator, wall heater and double glazed window to the rear elevation.
Landing
Bedroom
139' (4.19m) x 11 (3.35m)
Window to the side elevation, radiator, eaves storage.
Bedroom
11 (3.35m) x 103' (3.12m)
Window to the side elevation, radiator.
Outside
To the front of the property the garden is mainly laid to lawn and there is a driveway offering parking with access to the garage. The very generous size rear garden has patio, lawn, various mature shrubs, greenhouse and side gated pedestrian access.
Garage
Double doors to the front, personal door to the side, power.
Council Tax Band D
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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