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£595,000
Bedrooms
Bathrooms
Nestled on Chapel Road in the charming village of Charlwood, this delightful detached house presents an excellent opportunity for both investors and families alike. The property boasts a generous overall plot, providing ample space for outdoor activities and potential expansion (STPP).
Inside, the home features two inviting reception rooms, perfect for entertaining guests or enjoying quiet family evenings. The three well-proportioned bedrooms offer comfortable living spaces, while the bathroom caters to all your essential needs.
This property is particularly appealing as it comes with no chain, allowing for a smooth and swift transaction. Whether you are looking to invest or seeking a family home with room to grow, this residence offers huge scope to create your ideal living environment.
Charlwood is a picturesque village, known for its community spirit and beautiful surroundings, making it an ideal location for families. With its blend of charm and potential, this property is not to be missed.
Hallway - 4.11 x 1.79 (135' x 510') -
Living Room - 5.66 x 3.64 (186' x 1111') -
Dining Room - 3.59 x 2.69 (119' x 89') -
Kitchen - 2.68 x 2.37 (89' x 79') -
Wc - 1.85 x 1.28 (60' x 42') -
Conservatory - 7.03 x 3.22 (230' x 106') -
Landing - 4.62 x 0.95 (151' x 31') -
Bedroom 1 - 5.68 x 3.63 (187' x 1110') -
Bedroom 2 - 2.98 x 2.68 (99' x 89') -
Bedroom 3 - 2.65 x 2.39 (88' x 710') -
Bathroom - 1.81 x 1.79 (511' x 510') -
Garage -
Rear Garden -
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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