3 bedroom town house for sale

£210,000

3

Bedrooms

2

Bathrooms

Floorplan

This MODERN three bedroom town house with master en-suite is ideally located in the centre of Shepshed, ease of access to the local amenities. The property would make an ideal family or rental investment and in brief comprises; reception hall, cloakroom/w.c, fitted dining kitchen, living room; on the first floor a generous open landing space gives way to three bedrooms (with en-suite to bedroom one) and a family bathroom. Outside a low maintenance rear garden and driveway for two cars, located at the rear. EPC Rating B.

Detailed Accommodation - uPVC double glazed entrance door through to the reception hall.

Reception Hall - A welcome open space with balustrade staircase accessing the first floor, radiator, understairs storage cupboard and doors accessing cloakroom oblique w.c, living room and fitted dining kitchen.

Downstair W.C / Cloakroom - Fitted with a white low flush w.c with concealed cistern, vanity with wash hand basin and storage under.

Fitted Dining Kitchen - 5.31m x 2.44m (175 x 80) - The kitchen area has a single drainer sink unit with chrome mixer tap over and cupboards under, fitted units to the wall and base, rolled edge work surfaces, electric hob with oven under and extractor fan over, plumbing for washing machine and space for tall standing fridge freezer, radiator.

Dining Area - To the dining area there is a radiator, uPVC double glazed box bay window, cupboard housing the concealed combination gas boiler with shelving under.

Living Room - 4.57m x 3.35m (150 x 110) - uPVC double glazed window, French patio doors overlooking and accessing the garden, radiator.

First Floor - On the first floor there is a generous open landing space gives way to three bedrooms (with en-suite to bedroom one) and a family bathroom, radiator.

Bedroom One - 3.58m x 2.57m (into recess) (119 x 85 (into rece - uPVC double glazed window, radiator, recess to accommodate wardrobe oblique cupboard, door accessing the en-suite shower room.

En-Suite Shower Room - Has a shower cubicle with thermostatic shower, low flush w.c with concealed cistern, vanity unit with wash hand basin and cupboards under, radiator and a uPVC double glazed opaque window.

Bedroom Two - 2.79m x 2.69m (92 x 810) - uPVC double glazed window, radiator.

Bedroom Three - 3.33m x 1.83m (1011 x 60) - uPVC double glazed window, radiator.

Family Bathroom - Fitted with a modern white three piece suite comprising panel bath with thermostatic shower over, vanity unit with inset wash hand basin, cupboards under, a low flush w.c with concealed cistern, heated chrome towel rail and tiled splash backs with inset shelving.

Rear Garden - Enclosed low maintenance garden to the rear with slabbed patio, gravelled and timber decking areas, raised railway sleeper style planters, gated access leading to the off road parking for two cars.

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

£ 165450

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
    £ 5250
  • 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

£ 7950
  • 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

Adjust these figures

  %

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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