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£125,000
Bedrooms
Bathrooms
We are delighted to present this terraced house situated in a sought after location. This property is currently on the market for sale and offers an abundance of potential for first-time buyers, investors, and families alike.
The property is in need of modernisation, providing a fantastic opportunity for those looking to put their own stamp on their new home. With a little TLC, this property could become a truly stunning home, perfectly tailored to your tastes and needs.
Inside, you will discover a single reception room, offering a cosy space for relaxation and entertainment. The house also includes a kitchen, ready for you to refit to your exact specifications.
Upstairs, the house boasts three bedrooms, providing ample space for a growing family or for guests. The quirky shaped rooms, characteristic of this corner house, lend a unique charm to the property and promise to be a talking point among guests.
We are delighted to present this charming 3-bedroom terraced house situated in a sought after location. This property is currently on the market for sale and offers an abundance of potential for first-time buyers, investors, and families alike.
The property is in need of modernisation, providing a fantastic opportunity for those looking to put their own stamp on their new home. With a little TLC, this property could become a truly stunning home, perfectly tailored to your tastes and needs.
Inside, you will discover two reception rooms, offering a cosy space for relaxation and entertainment. The house also includes a kitchen, ready for you to refit to your exact specifications.
Upstairs, the house boasts three bedrooms, providing ample space for a growing family or for guests. The quirky shaped rooms, characteristic of this corner house, lend a unique charm to the property and promise to be a talking point among guests.
The property also features a single bathroom, again offering an ideal canvas for you to create your perfect space.
This terraced house is currently tenanted, which might be an appealing factor for investors considering a buy-to-let opportunity in a sought after location.
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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