3 bedroom semi-detached for sale

£290,000

3

Bedrooms

1

Bathrooms

Floorplan

''TRADITIONAL BAY FRONTED SEMI DETACHED FAMILY HOME''THREE RECPETION ROOMS''LARGE KITCHEN DINER''BLOCK PAVED DRIVEWAY''GENEROUS REAR GARDEN''PERFECT FAMILY HOME''FITTED BATHROOM''POTENTIAL TO EXTENDED FURTHER (STPP)''CLOSE TO ALL LOCAL AMENITIES''VIEWING IS ESSENTIAL''

Situated in a sought-after location, this heavily extended traditional three-bedroom semi-detached home on Millfield Avenue offers generous living space, ideal for families.
The property is approached via a block-paved driveway with an adjacent lawned area, providing ample parking. Upon entering, a welcoming entrance porch leads into the hallway. To the front, a charming sitting room benefits from a feature walk-in bay window, while to the rear, a spacious formal lounge enjoys direct access to the rear garden through double doors. The home has been thoughtfully extended to the side, incorporating a fitted kitchen diner and a separate dining room, offering additional versatility for modern living.
Upstairs, the first floor hosts three well-proportioned bedrooms and a family bathroom.
The rear of the property boasts a large, mature garden, predominantly laid to lawn, with a paved patio area perfect for outdoor entertaining.
This fantastic home offers a blend of traditional charm and modern extensions, making it a must-see for buyers seeking spacious living in a desirable setting.

Identification Checks B - Should a purchaser(s) have an offer accepted on a property marketed by Webbs Estate Agents they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your identity. The cost of these checks is 28.80 inc. VAT per buyer, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable.

Entrance Porch -

Hall -

Front Lounge - 3.98m x 3.92m (130' x 1210') -

Lounge - 6.05m x 3.72m (1910' x 122') -

Dining Room - 5.94m x 2.67m (195' x 89') -

Kitchen Diner - 5.29m x 2.70m (174' x 810') -

First Floor Landing -

Mater Bedroom - 3.95m x 3.14m (1211' x 103') -

Bedroom Two - 3.36m x 2.87m (110' x 94') -

Bedroom Three - 2.86m x 2.58m (94' x 85') -

Family Bathroom -



Features
  • 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

£ 241950

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
    £ 7250
  • 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

£ 24450
  • 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

£

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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