2 bedroom semi-detached for sale

£220,000

2

Bedrooms

1

Bathrooms

Floorplan

This beautifully presented semi-detached home offers the perfect opportunity for first-time buyers to step onto the property ladder. Built in 2020 and just five years old, the property boasts a high-quality finish throughout, generous living space, and a private garden all ready for you to move straight in and enjoy.

As you enter the property, youre welcomed into a bright and inviting hallway with stairs leading to the first floor. Theres a useful understairs storage area, ideal for coats, shoes or cleaning essentials, and doors leading to all ground floor rooms.

At the front of the home is a contemporary fitted kitchen, complete with integrated appliances, sleek cabinetry, and a breakfast bar a stylish and practical space for cooking and casual dining. To the rear, the spacious living room provides plenty of space for both lounge and dining furniture. French doors open directly onto the rear garden, making this a fantastic area for relaxing or entertaining guests. Also on the ground floor is a modern two-piece cloakroom, perfect for visiting guests or young families.

Upstairs, the home offers two generously sized double bedrooms, one to the front and one to the rear aspect, both capable of accommodating a double bed with additional furniture. Completing the upstairs is a modern family bathroom, featuring a white three-piece suite with a shower over the bath, tiled surround, and a heated towel rail for added comfort.

Outside, the front of the property includes two allocated parking spaces. Gated side access leads to the beautifully landscaped rear garden, which has been designed by the current owners to include a large patio area, lawn, and attractive slate borders. This outdoor space is perfect for summer BBQs or enjoying some quiet time in the sunshine.

The home benefits from uPVC double glazing and gas central heating throughout, contributing to its excellent EPC rating of B. With council tax band B, the home is also cost-effective to run.

Entrance Hall - Composite door to front, fitted carpet, radiator, stairs to first floor, understairs store cupboard, access to:

Kitchen/Breakfast Room - 3.76m x 2.77m (124' x 91') - UPVC double glazed window to front, fitted kitchen with a matching range of base and eye level units, wood effect worktops, fitted oven, fitted four ring electric hob, integrated fridge and freezers, integrated washing machine, integrated dish washer, fitted sink drainer, wall mounted gas central heating boiler, breakfast bar, radiator.

Cloakroom - Obscure uPVC double glazed window to side, two piece suite with WC, wash hand basin, radiator.

Living Room - 4.67m x 4.14m (154' x 137') - UPVC double glazed window to rear, single door to rear leading into the garden, fitted carpet, radiator.

First Floor Landing - Fitted carpet, store cupboard, loft access, access to:

Bedroom 1 - 3.56m x 4.14m (118' x 137') - UPVC double glazed window to rear x2, fitted carpet, radiator.

Bathroom - Obscure uPVC double glazed window to side, three piece suite fitted with WC, wash hand basin, bath with shower screen and shower fitted over, fully tiled walls surrounding the bath space, chrome towel rack style radiastor.

Bedroom 2 - 3.63m x 4.14m (1111' x 137') - UPVC double glazed window to front x2, fitted carpet, radiator, store cupboard over stairs bulkhead.

Outside - Outside, the front of the property includes two allocated parking spaces. Gated side access leads to the beautifully landscaped rear garden, which has been designed by the current owners to include a large patio area, lawn, and attractive slate borders. This outdoor space is perfect for summer BBQs or enjoying some quiet time in the sunshine.

Tenure & Tax Band - Freehold. Council tax band B with Peterborough City Council.

Services - Mains water, electricity, gas and drainage are all connected. None of these services or appliances have been tested by the agents. All vendors contribute 11.25 per month to a gardener to maintain the communal grounds at the front of the property.

Marketing Information - Every effort has been made to ensure that these details are accurate and not misleading please note that they are for guidance only and give a general outline and do not constitute any part of an offer or contract.
All descriptions, dimensions, warranties, reference to condition or presentation or indeed permissions for usage and occupation should be checked and verified by yourself or any appointed third party, advisor or conveyancer.
None of the appliances, services or equipment described or shown have been tested.

Investment Information - If you are considering this property BUY TO LET purposes, please call our Property Management team on . They will provide free expert advice on all aspects of the lettings market including potential rental yields for this property.



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

£ 173200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

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
    £ 5500
  • 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

£ 8200
  • 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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