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27 Arden Road, Worcester. WR5 3BD
£265,000 Guide Price
Bedrooms
Bathrooms
Reception
A lovely semi detached house which is in immaculate condition and located in a quiet cul-de-sac location in St Johns. This spacious family home has been totally re-furbished in recent years. Features include UPVC double glazing throughout and gas central heating. The kitchen is spacious and has lots of storage. The dining room flows nicely into the lounge which has door leading to the spacious garden which has plenty of sun. The family bathroom has been updated to a lovely standard and all the carpets are neutral in colour. There is a garage to the side and driveway giving ample parking. This beautiful house is an ideal family home or LANDLORD investment.
Agents Note
The property is currently rented out to lovely tenants so a landlord investor can buy with sitting tenants. Rental yield approx 4.5%
If a non investor buys the property, the tenants will be given 2 month's notice to vacate at the appropriate time.
Please call 01905 630600 or email [email protected] to book your viewing
HomeXperts are open until 8pm weekdays & 5pm weekends
DO YOU HAVE A PROPERTY TO SELL? HomeXperts have a large database of registered buyers. Call us for a chat to find out why we are Exceptional.
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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.
27 Arden Road, Worcester. WR5 3BD
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