3 bedroom semi-detached for sale

£365,000

3

Bedrooms

DESCRIPTION SUPRISING GARDENS - 3 double bedroom semi detached set at the end of the cul-de-sac with an entrance porch, spacious hallway, lounge with log burner, dining room, fitted kitchen, modern downstairs bathroom, 3 double bedrooms, a second modern bathroom/shower room, gas central heating and UPVC double glazing. Outside there is a myriad of plants and shrubs offering an eclectic mix of garden space with a large workshop area in the far corner that leads to another area of garden behind. The property has been updated in a number of areas, but would be enhance by dcor and flooring. There is off road parking in the front leading to useful space to the side of the property. EPC Rating D & CTax - C.

ENTRANCE PORCH UPVC & brick build porch leading to the front door.

ENTRANCE HALL a good sized hallway with stairs to the first floor, door to the downstairs bathroom, door to the lounge door to the kitchen

LOUNGE/DINER lounge area window overlooking the front garden, log burner in the fire place with solid timber mantle over, open plan to the dining area with patio door to the rear garden

KITCHEN a modern fitted kitchen with a good range of eye and base units, wood work tops, stainless steel gas hob, extractor and oven, sink and drainer, integrated fridge/freezer, dishwasher, inset lighting, ample room for table and chairs, window to the side door to the rear garden

DOWNSTAIRS BATHROOM modern bathroom with window to the side, WC with high flush, sink, panelled bath with shower and shower screen

LANDING with window on the turn of the stairs, double airing cupboard, loft access, doors to all rooms

BEDROOM 1 window to the rear overlooking the garden

BEDROOM 2 window to the front giving view down the cul-de-sac

BEDROOM 3 window to the rear and second window to the side

SHOWER ROOM modern shower room with window to the side, wc and wash basin built in to the vanity unit, quadrant shower cubicle and shower

OUTSIDE to the front is a pleasant seating area with an array of plants, gated access to a handy side storage area that leads to the myriad of plants inter twinned with seating area and paths that leads to the WORKSHOP and further garden behind.

WORKSHOP offering access from the front and the rear this useful workshop offers various uses and gives access to the extra rear garden area at the back

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

£ 303825

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 9125
  • 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

£ 30075
  • 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

£

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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