3 bedroom end of terrace for sale

£685,000 Guide Price

3

Bedrooms

2

Bathrooms

Floorplan

WOW! This is a most stunning three bedroom house located at the top end of Porters Park at the end of a popular close. The property is located a short walk to all local amenities including the shops, doctors and Shenley Park,

Accommodation comprises three bedrooms (all doubles), two bathrooms (including one ensuite shower room) which have both been recently done, downstairs wc, fully fitted modern kitchen breakfast room (with ample space for a table), quartz worksurfaces, underfloor heating and a water filter tap, a large open plan lounge diner with bi-folds to the full width of the back of the house, (with remote control black out blinds), offering an extensive living space and an additional room currently set up as a utility room/study.

This property is offered in IMMACULATE condition and also benefits from a larger than average sunny aspect south-west facing garden and allocated off street parking.

IMMEDIATE VIEWING IS HIGHLY RECOMMENDED.

EPC Rating Band D.

Entrance Hall -

Wc -

Kitchen - 4.65m x 2.39m (153 x 710) -

Study/Utility - 2.84m x 1.73m (94 x 58) -

Lounge - 5.41m x 4.37m at max points (179 x 144 at max po -

Dining Room - 5.05m x 2.64m (167 x 88) -

Landing -

Master Bedroom - 3.81m x 3.05m into wardrobes (126 x 10 into ward -

En-Suite Shower Room -

Bedroom Two - 3.51m x 3.05m (116 x 10) -

Bedroom Three - 2.82m x 2.31m (93 x 77) -

Family Bathroom -

Rear Garden - approx 12.19m x 7.01m (approx 40 x 23) -

Parking - Driveway for 1 car in front of the property. Additional unallocated parking bays opposite.

Map location is not available for this property.

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

£ 567825

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 17125
  • 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

£ 54075
  • 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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