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£280,000 Offers in excess of
Bedrooms
Bathrooms
OFFERED WITH NO UPDWARD CHAIN this THREE BEDROOM DETACHED FAMILY HOME occupying a CORNER PLOT comes to the market featuring a sought after position within the popular commuter village of Ibstock. In brief the property comprises an entrance hall with ground floor w.c, lounge and open plan kitchen/diner to the ground floor with stairs rising to the first floor landing giving way to three good sized bedrooms including the en-suite shower room and family bathroom respectively. Externally the home enjoys a detached garage, ample off road parking and a low maintenance rear garden. EPC RATING B.
Ground Floor -
Entrance Hall - Enter through a composite front door with inset opaque double glazed panels, comprising timber effect LVT flooring, a cloaks cupboard and stairs rising to the first floor and granting access to the entire ground floor accommodation.
Lounge - 2.95m x 4.95m (98' x 163') - Enjoying a dual aspect with uPVC double glazed windows to front and rear with a further bay window to side.
Guest Cloakroom - Comprising a low level push button w.c, monobloc mixer tap over a wash hand basin, extractor fan and having ceramic tiled flooring.
Kitchen Diner - 2.79m x 4.98m (92' x 164') - Inclusive of a modern range of wall and base units, a one and a half bowl sink and drainer unit, four ring gas hob with splash screen and extractor hood over an electric oven/grill, an integrated fridge/freezer and further integrated dishwasher. Other benefits include ceramic tiled flooring, inset downlights, extractor fan, uPVC framed French doors accessing the rear garden and benefitting from a dual aspect with uPVC double glazed windows to front and side.
First Floor -
Landing - Stairs ascending the first floor landing gives way to three good sized bedrooms including the en-suite and family bathroom respectively and comprises loft hatch, uPVC double glazed window to side, airing cupboard housing the gas fired central heating boiler.
Bedroom One - 2.97m x 3.15m (99' x 104' ) - Enjoying dual aspect with uPVC double glazed windows to front and side and two further fitted wardrobes.
En-Suite - 2.97m x 1.22m (99' x 40' ) - This three piece suite comprises a low level push button w.c, wall mounted wash hand basin with monobloc mixer tap, tiled splash backs and shower enclosure with electric power shower over having tiling to splash prone areas, inset downlights, extractor fan, ceramic tiled flooring, chrome heated towel rain and uPVC double glazed window to rear.
Bedroom Two - 2.95m x 2.90m (98' x 96' ) - Having uPVC double glazed window to front.
Bedroom Three - 2.82m x 1.96m (93' x 65' ) - Having uPVC double glazed window to side.
Family Bathroom - 1.68m x 1.91m (56' x 63' ) - This three piece suite comprises a low level push button w.c, pedestal wash hand basin with monobloc mixer tap, panel bath with tiled splashbacks, a further hand held mixer shower tap, ceramic flooring, inset downlights, extractor fan and having opaque uPVC double glazed window to side.
Outside -
Private Rear Garden - A paved patio gives way to a well maintained lawn, surrounded by part timber closed board fence panelling and part retaining brick wall and facilitated by side gated access.
Front - A well maintained lawn edged with box hedging is bisected by a paved walkway which in turn grants access to the front door beneath a canopy porch whilst a tandem block paved driveway provides off road parking for multiple vehicles.
Detached Garage - 2.90m x 6.02m (96' x 199') - Having both light and power with an up and over front door for access.
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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