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£291,000 Offers in excess of
Bedrooms
This is a three bedroom detached cottage style property - recently refurbished to a very high standard throughout!. With a large, modern fitted kitchen/diner/living area and utility room/downstairs WC off and a further separate lounge/snug, Off the first floor landing there are three double bedrooms with ensuite shower/WC to master bedroom,plus modern family bathroom/WC. Large garden to the rear/side. with side access, with planning permission for a double-width driveway off Summit Place. Gas central heating with double glazing. Must be viewed! EPC D, Council tax band D. No upward chain.
This property is being sold through our Advanced sales method to provide complete transparency and security for all parties involved - there is a buyers information pack available to download on the website below which provides information including buyers fees, please ensure you read this prior to proceeding with the sale
To offer on the property and download the buyers information pack, all buyers must create an account at advancedlistings.co.uk
TO MAKE AN OFFER & SEE FULL TERMS OF SALE - please visit www.advancedlistings.co.uk
If you are looking to sell your property through our Advanced sales method, giving speed and security of sale, then please contact us!
THE ACCOMMODATION WITH APPROXIMATE ROOM DIMENSIONS IS ARRANGED AS FOLLOWS:
Entrance Hallway . With stairs to the first floor landing and doors leading to:
Front Lounge/Snug 4.88m x 4.29m (16`0 x 14`1).
Family room/ Kitchen 7.8m x 4.27m (25`7 x 14`0). Open plan family room with feature fire place and modern fitted kitchen. The kitchen has matching base units with built in cooker and hob with extractor over. Space and connections for white goods
Utility Room 2.79m x 1.22m (9`2 x 4`0). With sink and storage units
Cloakroom 0.61m x 1.22m (2`0 x 4`0). With low level wc and hand wash basin
First Floor Landing . with doors off to:
Bedroom one 4.32m x 3.35m (14`2 x 11`0).
Ensuite 1.78m x 1.52m (5`10 x 5`0). with low level WC, hand wash basin and corner shower
Bedroom Two 4.57m x 2.59m (15`0 x 8`6).
Bedroom Three 3.58m x 2.79m (11`9 x 9`2).
Family Bathroom 2.57m x 1.4m (8`5 x 4`7). With low level WC, hand wash basin and bath with shower over.
Gardens . With a large garden to rear and side, with gated side access.
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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