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£795,000
Bedrooms
Bathrooms
Are you somebody who appreciates privacy? On a quiet unadopted road and being detached, this house allows for a private lifestyle, whilst also being within walking distance to the main Hastings hub. Listen to the birds in the tranquil back garden and peer out onto the surrounding greenery from every room in the house.
Looking to downsize or upsize? This home will suite a range of buyers needs. The flexible floorplan has three double bedrooms upstairs (the primary one with an en-suite) and the main family bathroom. There is a fourth bedroom on the ground floor and a potential fifth, both with access to a downstairs W/C shower room. The living room offers plenty of space for furnishings and for the new owners to create their own style. One of the main features of this room is the large sliding door that provides plenty of light and offers access to the private terrace, where to enjoy coffee in the morning or a glass of wine in the evening.
Is cooking important to you? The retro inspired kitchen provides all necessary elements to show off your cooking skills: two built in single ovens, microwave, and a large stylish induction hob, and room for free-standing fridge freezer and dishwasher. There is ample space for a dining table, ideal for gatherings and entertaining.
Green fingered? The tiered garden is perfect for creating a peaceful environment to relax and unwind in, with mature shrubs and trees allowing you not to feel overlooked and providing a further sense of privacy. The patio area is great for entertaining with room for dining tables and has side access.
Need space for multiple cars? The double garage is large enough to drive in and park your car, with remote control garage door and possibility to install an electric car charger. It also has a laundry area for free-standing washing machine and tumble dryer. Access to drainage and pipe works gives potential for a studio space instead. The driveway provides parking space for multiple vehicles.
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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