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£850,000
Bedrooms
REFURBISHMENT PROJECT - A fully detached four bedroom character house situated in this most eagerly sought after Marine Estate location. Town and Country Estate Agency hold keys for showing this property with fantastic potential.
' REFURBISMENT PROJECT ' EAGERLY SOUGHT AFTER MARINE ESTATE LOCATION ' WALKING DISTANCE OF LEIGH STATION, LEIGH BROADWAY AND LOCAL SHOPS ' WESTLEIGH SCHOOL CATCHMENT AREA ' 90 APPROX. REAR GARDEN ' GARAGE AND PARKING ' FOUR BEDROOMS ' BATHROOM AND SEPARATE W.C ' LOUNGE AND SEPARATE DINING ROOM ' SPACIOUS KITCHEN ' NO ONWARD CHAIN ' KEYS AVAILABLE FOR VIEWING '
uPVC double glazed lead light Entrance Door to;
uPVC double glazed lead light Entrance Porch, with quarry tiled floor. Oak entrance door and lead light stained glass side panel windows to Reception Hall.
Reception Hall
A most spacious Reception Hall with lead light stained glass window to side, corner fireplace, radiator, uPVC double glazed lead light stained glass window to side, stairs to First Floor, understairs storage and meter cupboard.
Lounge 173 x 119 5.26m x 3.58m)
uPVC double glazed lead light bay window to front, lead light stained glass window to side, Adams style fireplace with marble hearth and breast, two radiators, coved ceiling, picture rails, two wall lights.
Dining Room 135 x 13 (4.09m x 3.96m)
Lead light windows and door to rear, two lead light stained glass windows to side, tiled fireplace, radiator.
Kitchen 176 x 85 (5.33m x 2.57m)
uPVC double glazed windows to rear and side, uPVC double glazed door to side, half tiled walls, radiator. Modern Worcester gas central heating boiler, stainless steel sink unit, plumbing for washing machine.
First Floor
Landing
Loft access, radiator, airing cupboard.
Bedroom One 174 x 119 (5.28m x 3.58m)
uPVC double glazed lead light square bay window to front, two lead light stained glass windows to side, two radiators.
Bedroom Two 13 x 115 (3.96m x 3.48m)
uPVC double glazed window to rear, radiator.
Bedroom Three 109 x 99 (3.28m x 2.97m)
uPVC double glazed window to rear, radiator.
Bedroom Four 123 x 68 (3.73m x 2.03m)
uPVC double glazed lead light window to front, lead light stained glass window to side, radiator.
Bathroom
uPVC double glazed window to side, chrome heated towel rail, bath with separate mains shower and folding glazed shower screen.
Sink unit.
Separate W.C
uPVC double glazed window to side, low flushing suite.
Outside
The Rear Garden measures approx. 90 in depth, there are rear and side patios. Large expanse of lawn, two greenhouses, timber shed, water tap.
Door to Garage and side entrance with door to the Front Garden.
Front Garden
Mainly crazy paved providing off street parking and access to the Garage.
Garage
The Garage has a rear door to the Garden and an up and over door which requires repair.
Agents notes :
EPC Rating - under assessment
Council Tax band - F
Local area flood risk - Very Low
Services - Mains drainage, Gas, Water and Electricity
Tenure - Freehold
Land registry title number - AA67590
Map location is not available for this property.
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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