3 bedroom semi-detached for sale

£310,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

Welcome to number 28, a conveniently placed, well presented semi detached home situated in a well regarded location off Dialstone Lane and offered with NO VENDOR CHAIN.

With three bedrooms (two double bedrooms and a single bedroom/study), a sizeable through lounge/ dining room, a modern spacious extended kitchen, driveway, garage and excellent size rear garden, this home offers an attractive blend of virtues.

Come in! Walk up the drive to the front door. Cross the threshold into the welcoming hallway. Stylish doors to the kitchen and living room are set off by neutral decor and grey laminate flooring.

To your left, step into the through living/ dining room which runs the length of the property. Good sized and naturally lit (with UPVC windows front and rear), the focal point is a floating contemporary style fire place with an electric inset fire. The window to the rear frames the view to the good sized rear garden.

The extended kitchen is modern and airy. It is fitted, for your convenience, with a dishwasher, washing machine, integrated fridge and freezer, an electric oven and a gas hob.

Return to the hall and climb the stairs to the first floor where you will discover the bathroom/w.c., two double bedrooms and an L shaped third bedroom/ study.

If you are the outdoorsy type, the good sized south facing rear rear garden will be of interest.

A driveway runs from the front, extending to the side of the property via a wooden gate and leads to a detached garage. Vehicular access is restricted due to the narrowness of the drive to the side.

EPC: Band D
Council Tax: Band C
Tenure: Freehold

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

£ 258450

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 7750
  • 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

£ 25950
  • 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

Adjust these figures

  %
  %
£
  %

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

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

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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