3 bedroom semi-detached for sale

£250,000 Guide Price

3

Bedrooms

2

Bathrooms

Floorplan

This semi detached family home provides accommodation arranged over two floors which includes an entrance hall, kitchen, a lounge/dining room with patio doors opening to the rear garden, with the first floor landing giving access to three bedrooms (master with en-suite) and the bathroom.

Benefiting from gas central heating, UPVC double glazing and the remaining 7 years NHBC New home warranty and builder guarantee.

Situated in the small market town of Castle Donington, the property is conveniently positioned for easy access to Nottingham, Derby and Leicester. Local facilities include a range of shops, restaurants, pubs, and doctors surgeries, along with a number of gyms and health clubs.

Viewing is recommended.

Directions

Ayrton Drive can be located off Craner Road Castle Donnington.

Ground Floor Accomodation

Entrance Door

Opening to the:-

Entrance Hall

Radiator, ceiling light point, stairs off to the first floor, doors giving access to the ground floor W/C, lounge diner and also to the:-

Kitchen

Fitted with a range of wall, drawer and base units, tiled splash backs and roll edge work surfaces, stainless steel sink with drainer and mixer tap, Intergrated washing machine, fridge/freezer and dishwasher. Single electric oven, four ring gas hob with extract hood over.

Window to the front elevation, radiator, ceiling light point.

Lounge/ Diner

Ceiling light points, two radiators, understairs storage cupboard, windows to the side and rear elevations and patio doors opening to the rear garden.

Ground Floor W/C

Wall mounted wash basin and low flush toliet. Window to the front and side elevations, and ceiling light point.

First Floor Accomodation

First Floor Landing

Ceiling light point, loft hatch access, storage cupboard housing the combination boiler, doors into three bedroom and the family bathroom

Bedroom One

Window to the front elevation, ceiling light point, radiator, storage cupboard/ wardrobe space, and door into the:-

En-Suite

Hand basin, low flush toliet, glazed corner shower cubical, tiled walls, extractor, radiator, part tiled walls and window to the front elevation.

Bedroom Two

Window to the rear elevation, ceiling light point, radiator

Bedroom Three

Ceiling light point, radiator, window to the rear elevation

Family Bathroom

Three piece suite consisting of a panelled bath, low flush toilet, hand basin, part tiled walls, ceiling light point, extractor fan and radiator.

Outside

The front of the property has a graved area with planted shrubs and a pathway to the entrance door.

The rear garden is lawned with a decking area and raised borders. The garden is fully enclosed with gated access on to the driveway.

The driveways to the side of the property is tarmacked and has space for multiple vehicles.

Council Tax Band

Council Tax Band C. North West Leicestershire District Council.

Amount Payable 2022/2023 1859.72

Referral Arrangement Note

Thomas James Estate Agents always refer sellers (and will offer to refer buyers) to Knights plc, Premier Property Lawyers, Ives & Co, Curtis & Parkinson, Bryan & Armstrong, and Marchants for conveyancing services (as above). It is your decision as to whether or not you choose to deal with these conveyancers. Should you decide to use the conveyancers named above, you should know that Thomas James Estate Agents would receive a referral fee of between 120 and 240 including VAT from them, for recommending you to them.

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

£ 208950

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
    £ 6250
  • 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

£ 21450
  • 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

Adjust these figures

  %
  %
£
  %

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

Adjust these figures

  %

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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