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£275,000
Bedrooms
Bathrooms
An extended semi-detached house with brick faced elevations under a tiled roof being situated in a sought after location in the village of Durrington. The accommodation provides on the ground floor entrance vestibule, sitting room opening to the dining area, and kitchen/dining room. Upstairs, there are three bedrooms and bathroom. The property is warmed by gas fired central heating and benefits from double glazed windows. Outside, to the front of the house the garden has various mature shrubs with path to the front door. The rear garden offers patio, garden shed, side gated pedestrian access, various shrubs and rear gated pedestrian access. There is a garage situated in a separate block. An internal viewing is essential to appreciate this home. The village of Durrington offers a good range of local amenities to include mini supermarkets, doctors surgery, schools, swimming pool and is ideally placed for the A303 road network that gives access to various major centres.
Front door to:
Entrance Vestibule
Door to sitting room, window.
Sitting Room/Dining Room
Sitting Area
159' (4.80m) x 145' (4.39m)
Window to the front elevation, stairs rising to the first floor, radiator, under stairs storage cupboard, opening to the dining area.
Dining Area
115' (3.47m) x 74' (2.24m)
Window to the side elevation, radiator, storage cupboard, opening to the kitchen.
Kitchen
113' (3.43m) x 8 (2.44m)
Fitted with a range of base, drawer and wall units, preparation work surfaces, fitted gas hob with cooker hood over, built-in electric oven and grill, dishwasher, plumbing for washing machine, one and half bowl sink unit with mixer tap, opening to:
Garden Room/Utility Room
159' (4.80m) x 7 (2.13m)
Fitted base and wall units, preparation work surface, two windows to the rear elevation, door giving access to the rear garden, radiator, two roof lanterns.
Landing
Hatch to loft space (the vendor informs this is partially boarded), cupboard housing Worcester gas fired boiler and slatted shelving.
Bedroom
12 (3.66m) x 92' (2.79m)
Window to the front elevation, built-in double wardrobe, radiator.
Bedroom
1110' (3.61m) x 92' (2.79m)
Window to the rear elevation, radiator, window to the side elevation.
Bedroom
811' (2.71m) max x 62' (1.88m)
Window to the front elevation, radiator, built-in cupboard.
Bathroom
Comprising of bath with Triton shower over, wash hand basin, W.C., ladder rack style radiator, window.
Outside
To the front of the house the garden has a variety of mature shrubs, path leading to the front door and side gated pedestrian access to the rear garden. The rear garden has patio area, various shrubs, garden shed and rear gated pedestrian access.
Garage
Situated to the rear to the rear of the property with up and over door.
Council Tax Band 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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