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£445,000
Bedrooms
Bathrooms
An individual style detached house that is situated in a most enviable location in the older part of the popular village of Durrington. The accommodation comprises of entrance porch, sitting room with wood burner and open fire place, kitchen/breakfast room, study/office, dining room, three bedrooms, two shower rooms and a lovely conservatory. The gardens are to front, side and rear of the property being predominately lawn with various flower and shrub beds, pond, patio area, summer house/store, lean to and garage. The popular village of Durrington provides a comprehensive range of shopping, schooling and leisure amenities with good road access to various major centres to include the nearby A303 road network.
Details:
Entrance porch.
Door to:
Sitting Room
1210' (3.91m) x 123' (3.73m)
Bay window to the front elevation, open fireplace with wood burner, two radiators.
Inner Hall
Radiator, stairs rising to the first floor.
Study/Office
76' (2.29m) x 49' (1.45m)
Window, open hatch to dining room.
Dining Room
121' (3.68m) x 10 (3.05m) max
Patio doors to the lean to, tiled flooring, radiator.
Shower Room
With shower cubicle and Mira shower unit, vanity style wash hand basin, W.C., window, heated towel rail.
Conservatory
22 (6.71m) x 111' (3.37m)
French doors and door to the garden, two radiators.
Kitchen/Breakfast Room
151' (4.59m) x 98' (2.94m)
The kitchen has a range of base and wall mounted units with preparation work surfaces, stainless steel sink unit, window to the rear elevation, oven and hob with extractor hood over, door to the garden, plumbing for washing machine and dishwasher, tiled flooring and gas fired boiler.
Inner Hall
Radiator, tiled flooring.
Shower Room
With shower cubicle, vanity style wash hand basin, W.C., window, heated towel rail, tiled flooring.
Bedroom
121' (3.68m) x 12 (3.66m)
Window to the front elevation, radiator, built in wardrobes and overhead storage units,
Landing
Window to the side elevation, hatch to loft area.
Bedroom
11 (3.35m) x 911' (3.02m)
Windows to the front elevation, radiator, storage cupboard, built-in wardrobes.
Bedroom
113 (3.43m) max x 610' (2.08m)
Windows to the rear elevation, radiator.
Outside
The gardens are to the front, side and rear of the property being predominately lawn with various flower and shrub beds, pond, patio area, summer house/store and lean to. Double gates give access to the front of the property that offers ample parking and access to the garage.
Garage
With up and over door, personal door and window to the side, light and power.
Agents Note
Tenure: Freehold
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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