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£500,000 Offers in excess of
Bedrooms
Bathrooms
''' CASH BUYERS ONLY '''
Welcome to this impressive 5-bedroom detached residence on Tollfield Road in Boston. This property showcases a thoughtfully designed layout that provides generous and inviting living spaces, perfectly suited to accommodate various family needs and activities.
The home has undergone comprehensive refurbishment with premium finishes throughout, featuring newly installed double-glazed windows, elegant wooden flooring, and quality carpeting. Upon entering, youre greeted by a welcoming entrance hall that leads to a bright, sunlit reception room on the left. The property continues to impress with an attractive dining area flowing into a second lounge space, offering exceptional versatility for new owners. The contemporary kitchen boasts sleek fitted units and stylish worksurfaces, creating a perfect blend of functionality and design.
The ground floor further benefits from a dedicated study and a self-contained annex to the rear, comprising a substantial lounge, newly fitted glossy kitchen, bedroom, and WCideal for multi-generational living or guests.
Outside, the beautifully landscaped garden provides a serene retreat, perfect for summer entertaining or peaceful relaxation.
Upstairs, a generous landing leads to three well-proportioned bedrooms, with two enjoying the luxury of en-suite facilities. The fourth bedroom is conveniently situated in the extension, complemented by a modern family shower room.
This property enjoys an excellent location, with Boston Train Station just an 8-minute drive away offering EMR services. Pilgrim Hospital is merely 2 minutes from the property, while Pescod Square Shopping Centre is under 5 minutes away. For outdoor enthusiasts, Central Park and Skatepark provide pleasant green spaces within easy reach.
Early viewing is highly recommended to appreciate the opportunity on offer.
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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