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£750,000
Bedrooms
Bathrooms
Set in a sought after, no through road location within easy reach of Havant Town Centre amenities, Treagust & Co is delighted to offer this substantial detached family home with a generous rear garden, garage/workshop and off-road parking. The property is available with no forward chain, and offers a generous 1938 sq.ft of accommodation, with a versatile layout offering up to five bedrooms (one optional ground floor ensuite). The front door opens into a welcoming entrance hall with a staircase to the first floor, a storage cupboard, and a cloakroom. The spacious sitting room enjoys a dual aspect, with sliding patio doors that open out to the garden. An archway leads to the dining room, with an additional door opening into the hallway.The kitchen overlooks the rear garden, and is fitted with a good range of wall and base units, with a built-in double oven, hob, and dishwasher. A handy utility room adjoins the kitchen, featuring an additional sink, built-in units, and a door leading to the front of the property. Completing the ground-floor layout is a front aspect study and a garden room, which could serve as an optional ground-floor bedroom, complete with a modern ensuite shower room.On the first floor, there are four double bedrooms, all with built-in wardrobes. The spacious principal bedroom benefits from an ensuite shower room. The family bathroom is also located on this floor, and features a bath and separate shower cubicle. OutsideAt the front of the property, there is a double garage/workshop with a remote-controlled up-and-over door and a rear pedestrian door. A wall encloses the front garden, with a gate opening to a pathway that leads to the front door. The delightful rear garden is predominantly laid to lawn, with mature borders filled with a variety of shrubs, and a wrap-around paved patio.The AreaElm Road is located just to the east of Havant, 8 miles east of Portsmouth and 8 miles west of Chichester, with easy access to the A27. Havant offers a good range of shops, leisure centres, and a mainline station with fast trains to London and the south coast. Several country parks, including Staunton, Goodwood, and Queen Elizabeth, are just a short drive away, with access to the foreshore being found on foot at the end of Wade Court Road.
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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