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£315,000
Bedrooms
Bathrooms
Treagust & Co is delighted to offer this beautifully presented two double bedroom, two bathroom semi-detached home with allocated parking and rear garden, set in a cul-de-sac position within this modern development in Denvilles.
The front door opens into the entrance hall with built-in storage cupboard and cloakroom. An opening leads through to the front aspect kitchen which is fitted with a range of wall and base units with a built-in oven and hob. Set to the rear of the home overlooking the rear garden, with French doors opening out, is the sitting/dining room which has a staircase to the first floor with recessed storage area beneath.
On the first floor there are two double bedrooms, with the principal room having an ensuite shower room in addition to the family bathroom found on this floor. Both of which are fitted with white suites.
Outside
At the front of the property there are two allocated parking spaces. A side gate provides access to the rear garden which is laid to lawn with a paved patio seating area, a bark play area at the end of the plot and a garden shed.
Property information
Service charge - 315.91 per annum, paid in 2 instalments
Utilities - mains connected | Gas central heating with combination boiler
Broadband - Ultrafast available
Mobile coverage - 02 & Vodafone - Likely | Three & EE - Limited (Ofcom.org.uk)
The Area
The property is situated just over a mile from Havant town centre which has good high street shopping, a selection of pubs and restaurants as well as leisure facilities to suit all. Warblington railway halt is within easy walking distance and Havants mainline railway station with direct links to London is just a short drive away. Good local infant, junior and secondary schools are also nearby. The property is also ideally placed for easy access to the A27 and the A3(M).
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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