3 bedroom end of terrace for sale

£375,000

3

Bedrooms

1

Bathrooms

Floorplan

We are favoured with instructions as sole agents to offer for sale this good size end of terrace house being situated within the Chalkwell hall catchment area and convenient for grammer scools and local bus routes. To the ground floor is a spacious open plan lounge/diner, kitchen and conservatory, with the first floor offering three bedrooms and a family bathroom. The property is fully double glazed and benefits from gas central heating via radiators. Externally there is a South backing rear garden and off street parking to the front. No onward chain.

Double glazed door to porch. Further double glazed door leading to:

Entrance Hall - Opaque double glazed windows to front, stairs to first floor, carpeted, wall papered walls to coved ceiling, understairs storage/meter cupboard, wall mounted thermostat, door off on to:

Lounde/Diner - 9.12 x 3.50 to alcove (2911' x 115' to alcove) - Lounge area:
Double glazed bay window to front, carpeted, wall papered walls to coved ceiling, radiator, fire surround with marble inset and hearth and fitted gas fire.
Dining area:
Carpeted, wall papered walls to coved ceiling, fireplace with fitted gas fire, double glazed sliding patio doors leading to:

Conservatory - 2.66 x 1.78 (88' x 510') - Being double glazed and having double glazed side door to rear garden, tiled flooring:

Kitchen - 3.04 x 1.81 (911' x 511') - Fitted with cupboard and draw base units and eye level wall cupboards and rolled top work surfaces, stainless steel sink unit, tiled splash backs, tiled flooring, double glazed windor and leading on to rear garden:

First Floor Landing - Opaque double glazed window to side, carpeted, wall papered walls to coved ceiling, access to loft, door off onto:

Bedroom One - 4.81 to bay x 3.36 to alcove (159' to bay x 110' - Double glazed bay windows to front, carpeted, wall papered walls to coved ceiling, radiator.

Bedroom Two - 4.10 x 3.37 to alcove (135' x 110' to alcove) - Double gazed windows to rear, carpeted, wall papered walls to coved ceiling:

Bedroon Three - 2.52 x 2.05 (83' x 68') - Double glazed orial bay windoe to front, carpeted, wall papered walls, picture rail:

Bathroom/Wc - 3.09 inc door recess x 1.98 (101' inc door recess - Fitted with a white suite comprising panelled bath with electric shower over, shower rail and curtain, wash hand basin vanity unit with cupboards under, closed coupled push button flush wc, heated towel rail, cupboard housing boiler serving gas central heating and domestic hot water system, extractor, opaque double glazed window to rear, vinly flooring, tiled walls:

Externally - 8.02 (263') - South backing rear garden commencing with a patio area to the immediate rear with the remainder baing mainly laid to lawn, covered storage/workshop to side approx 26 in length with secured access to the front of the property, cold water tap, further side access, fencing to boundaries, the front of the property is mainly concreted providing off street parking



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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

£ 312075

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 9375
  • 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

£ 30825
  • 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

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This is the assumed rate of house price inflation.

Final Property Value

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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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