2 bedroom park home for sale

£70,000

2

Bedrooms

1

Bathrooms

Floorplan

Dont miss out on this charming detached park home, located on a corner plot with a driveway to the side. The property is available with no forward chain and is situated in the popular Keys Park over-50s development, offering easy access to Peterborough, local transport links, and public transport.

The property comprises an entrance hall with storage space, a fitted kitchen with room for appliances, and double uPVC doors leading to the rear garden area. The spacious living room is bathed in natural light, courtesy of two uPVC double-glazed windows. Additionally, there is a three-piece bathroom, a single bedroom, and a double main bedroom with wardrobe space.

Externally, there is a driveway to the side, providing parking for one vehicle, an outbuilding, and a surrounding lawn area with mature shrub and flower bed borders.

Other features include uPVC double glazing throughout, gas central heating, no forward chain, service fees, and an over-50s age requirement.

For more information or to arrange a viewing, please contact our office on .

Entrance Porch - UPVC double-glazed door to front, carpet, storage cupboard.

Kitchen Diner - 3.61m x 4.09m max (1110' x 135' max) - UPVC double glazed window to front, uPVC double-glazed double doors to rear. Fitted kitchen with fitted stainless steel sink drainer, electric oven, space for fridge, space for freezer, worktop space, vinyl flooring, airing cupboard with hot water cylinder.

Living Room - 3.61m x 4.09m (1110' x 135') - UPVC double glazed window to front and side, radiator, TV point.

Bedroom 1 - 3.61m into wardrobe x 2.59m (1110' into wardrobe - UPVC double glazed window to front, radiator, built in wardrobe space with sliding doors, fitted storage over bed space.

Bedroom 2 - 2.74m x 1.52m (9' x 5') - UPVC double glazed window to rear, wardrobe space.

Bathroom - 1.68m x 1.96m (56' x 65') - Obscure uPVC double glazed window to rear, three piece suite with corner bath, low level WC and wash hand basin.

Outside - Driveway to the side of the property with parking for one vehicle. Outbuilding. Surrounding garden laid with lawn and shrub/flower beds.

Surrounding Area - Parnwell is residential area close to local amenities including a superstore, public houses, doctors surgeries, local shops, schooling and churches. Easy access to A1M, A47, A15 and City Centre. There is a regular bus route to the City Centre. Peterborough is a Cathedral City with good rail and road network links

Services - Water, gas, electricity and drainage are all connected. None of these services or appliances have been tested by the agents.

Fixtures & Fittings - Every effort has been made to omit any fixtures belonging to the Vendor in the description of the property and the property is sold subject to the Vendors right to the removal of, or payment for, as the case may be, any such fittings etc whether mentioned in these particulars or not.

Site Fee - Site fee - 152.13 per month.

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

£ 56950

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
    £ 1750
  • 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

£ 4450
  • 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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