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£475,000 Offers over
Bedrooms
Bathrooms
Overview
'''''NO ONWARD CHAIN'''''
Hidden Cottage is a well presented Freehold detached house over 3 floors, situated in the centre of Marlborough. Accessed via a pretty cobbled lane & entry phone system, this home comprises sitting room, kitchen/dining room, 3 double bedrooms, bathroom, outside office and garden.
Additional information
'''''NO ONWARD CHAIN'''''
Marlborough is famous for its plethora of high quality shops and eateries, most notably Rick Steins restaurant. The local Ofsted Outstanding schools include: The Preshute Church of England Primary School, located 1.2 miles away & St Johns Senior School, 0.6 miles away. Bedwyn, Pewsey & Swindon railway stations, provide regular service to London Paddington and the South West. Access to the M4 junction 15, is approximately 8.2 miles.
TENURE - FREEHOLD.
Hidden Cottage is presented with neutral colours throughout. The sitting room has a telephone point, TV aerial and satellite TV point. The kitchen includes an excellent range of units, integrated dishwasher, washing machine, Bosch oven and a 2nd telephone point. The 3rd bedroom situated in the basement, has further satellite TV and telephone points. To the first floor are the master and 2nd bedrooms. Both have fitted wardrobes as well as views over the garden. The bathroom has good storage including a wall mounted mirrored medicine cabinet, vanity unit, power shower over the bath and glass shower screen. The garden office, built of brick with tiled roof, benefits from heating, numerous power points and a satellite TV point. There is ample storage and both the house and office, have high quality double glazed windows throughout. This charming home would suit a young family, downsizer, those requiring a lock-up-and-leave home, or an Airbnb. The house shares a private access to the property.
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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