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£395,000 Guide Price
Bedrooms
Bathrooms
A BLANK CANVAS with this 3 BEDROOM, WIMPY NO-FINES SEMI-DETACHED HOUSE offering SIGNIFICANT SCOPE TO EXTEND (subject to all usual consents) and offered for sale with NO UPPER CHAIN. CLOSE TO ALL LOCAL AMENITIES and PUBLIC TRANSPORT services. UPGRADE WORKS REQUIRED.
Accommodation comprises (all measurements approximate)
UPVC part glazed front door leading to hall, stairs to first floor and fuse board cupboard. Door to:
LOUNGE
4.57m x 3.81m (15 x 126')
Decent quality UPVC window to front with double radiator under. Door to:
KITCHEN
4.57m x 2.54m (15 x 84')
Base and wall units, stainless steel single sink unit with drainer and mixer tap. Gas cooker point and large larder-style cupboard housing gas meter and water main. Under cupboard recesses for fridge/freezer and washing machine. UPVC window to garden.
REAR/SIDE
LOBBY
Large under stairs storage cupboard and further cupboard housing new boiler (fitted approximately 1 year ago). UPVC part glazed door to side.
FIRST FLOOR
LANDING
UPVC double glazed window to side, cupboard housing hot water tank.
BEDROOM 1
3.30m x 2.90m (1010' x 96')
UPVC window to front with radiator under.
BEDROOM 2
3.53m x 3m (117' x 910')
Fitted cupboard. UPVC window to rear with radiator under.
BEDROOM 3
2.67m x 2.39m (89' x 710')
Over stairs cupboard. Window to front with radiator under.
BATHROOM
Part tiled walls. UPVC obscured glass window. White pedestal wash hand basin and bath with shower attachment.
SEPARATE WC
Low level flush WC.
OUTSIDE
GARDEN
Approximately 45ft
Mainly laid to lawn with central pathway. Wooden shed and outside storage cupboard.
GARAGE
Most likely concrete section walls, up and over door to front.
COUNCIL TAX BANDC Three Rivers
FREEHOLD
ENERGY RATING (EPC)TBA
UTILITIES
ELECTRIC:Mains
GAS:Mains
WATER: Mains
SEWERAGE: Mains
BROADBAND:TBA
NOTICE
1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and must not be used when ordering either furniture or carpets.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Slades has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
Lease details, service charges and ground rent (where applicable) have been provided by the client and
should be checked and confirmed by your solicitor prior to exchange of contracts.
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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