3 bedroom end of terrace for sale

£300,000

3

Bedrooms

1

Bathrooms

Floorplan

Welcome to this charming end terrace property located in the vibrant town of Luton, Bedfordshire. Priced at 300,000, this delightful home offers a perfect blend of character and modern convenience.

The property has two reception rooms on the ground floor. The first reception room is a cosy living area, perfect for relaxing with family and friends. The second reception room could be used as a formal dining room, ideal for hosting dinner parties.

The kitchen is well-equipped with modern appliances and ample storage space, making meal preparation a breeze. Upstairs, you will find three generously sized bedrooms, offering plenty of space for a growing family or guests.

Outside, the property boasts a private garden, perfect for enjoying the outdoors during the warmer months.

Located in Luton, Bedfordshire, this property benefits from excellent transport links, with Luton Airport Parkway station providing direct trains to London in under 30 minutes. The town centre is just a short distance away, offering a wide range of shops, restaurants, and amenities.

Luton is also home to a number of parks and green spaces, perfect for leisurely walks or picnics. Wardown Park and Stockwood Park are popular choices for residents looking to enjoy the outdoors.

For those interested in culture and history, the Stockwood Discovery Centre is a must-visit attraction. This museum showcases the history of the local area through interactive exhibits and displays.

Sports enthusiasts will appreciate the variety of facilities available in Luton, including the Inspire Luton Sports Village and the Luton Town Football Club. Whether you enjoy swimming, tennis, or football, there is something for everyone to enjoy.

Overall, this end terrace property in Luton, Bedfordshire offers a fantastic opportunity for buyers looking to settle in a vibrant and well-connected town. With its spacious accommodation and convenient location, this home is sure to attract interest from a range of buyers. Contact us today to arrange a viewing and make this property your new home.

Entrance Hall

Lounge - 105' (3.18m) x 126' (3.81m)

Dining Room - 82' (2.49m) x 89' (2.67m)

Kitchen - 98' (2.95m) x 95' (2.87m)

First Floor Landing

Bedroom 1 - 90' (2.74m) x 96' (2.9m)

Bedroom 2 - 107' (3.23m) x 107' (3.23m)

Bedroom 3 - 96' (2.9m) x 68' (2.03m)

Bathroom - 54' (1.63m) x 48' (1.42m)

W.C. - 58' (1.73m) x 25' (0.74m)



Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 250200

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 7500
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 25200
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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