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£385,000
Bedrooms
Bathrooms
Reception
We are delighted to present this immaculate 3 bedroom semi-detached property. Raised from the road with some spectacular views.
Extended family Home comprises entrance porch, hallway, cloakroom, spacious open plan lounge / dining room, modern fitted kitchen, sunroom, study/additional reception to the ground floor with three bedrooms and family bathroom to the first.
The property has been recently redecorated by its current owners as well as having the property re-rendered, new roof, guttering and fascia boards. The property has been extended to the side and offers a spacious home study/additional reception.
There is a Sunroom to the rear which looks out over the private garden which has a decked area, patio area with surrounding mature boarders, water feature, rear and side access.
Further benefits to this property include gas central heating, double glazing as well as having a single garage with electric up and over door, power supply, light and a work bench. The garage can be accessed via a rear lane and has a personal door accessed via the rear garden.
Local shops and takeaways are nearby and there are good transport links in the neighbourhood. The Bristol to Bath cycle way is easily accessible for those who wish to take advantage of the miles of the track.
Council Tax is Band "A" payable to Bristol City Council.
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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