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£288,000
Bedrooms
Bathrooms
Available with no forward chain, we are delighted to offer this comprehensively updated three-bedroom family home, complete with off-road parking and a generously sized southerly facing rear garden. The property has been extensively improved by the current owners, with notable features including a fantastic open-plan kitchen/breakfast room, a newly fitted bathroom suite, new carpets throughout, and neutral decorready for the incoming buyer to make it their own.A side entrance opens into the lobby, with an inner door leading into the hallway, where there is a staircase to the first floor. A door opens into the fantastic open-plan kitchen/breakfast room, which is fitted with a good range of wall and base units, a built-in oven, hob, dishwasher, washer/dryer and extractor, along with space for a dining table and chairs. Situated at the rear of the home, overlooking the southerly-facing garden, is the sitting room featuring French doors opening out to the patio, and a convenient under stairs storage area.On the first floor, the landing has a hatch to the loft space with drop-down ladder. There are three bedrooms, served by a newly installed family bathroom suite and a separate WC.OutsideAt the front of the property, there is off-road parking for two cars. A shared access pathway leads to the front door and continues to a side access gate that opens to the rear garden.The southerly-facing rear garden features a paved patio area, part of which is covered, along with raised brick planters and an adjoining brick store. A picket fence with a gate opens to a generous lawned area.Property information
Utilities - mains connected | Gas central heating
Broadband - Ultrafast available with download speeds upto 1800 Mbps
Mobile Coverage - EE & 02 Likely, Three & Vodafone Limited (Ofcom.org)
The Area
The property is conveniently situated to the north of Havant town centre which has good high street shopping as well as a number of supermarkets, a selection of pubs, restaurants and leisure facilities to suit all and good transport links including a mainline railway station. Park Parade shopping centre is the closest shopping area offering a good range of local amenities. Staunton Country Park, offering delightful walks, a childrens play park, tea room and social activities, is also within easy reach of the property.
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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