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27 Arden Road, Worcester. WR5 3BD
£425,000
Bedrooms
Bathrooms
Reception
This beautifully presented four-bedroom detached family home is perfectly located within walking distance of Worcester Hospital. Ready for immediate move-in (subject to references), this property is in excellent condition throughout and offers spacious, modern living.
The accommodation includes:
A large open-plan kitchen & family room, perfect for entertaining
A separate utility room for added convenience
A spacious lounge offering a relaxing retreat
A cloakroom on the ground floor
Upstairs, the master bedroom boasts a generous en-suite, while the light and airy family bathroom serves the additional three well-proportioned bedroomssome featuring fitted wardrobes for extra storage.
Externally, the property benefits from a private driveway with parking for two vehicles and a low-maintenance rear garden, complete with a luxurious hot tubideal for unwinding after a long day.
This fantastic family home is situated in a sought-after location with excellent transport links and local amenities nearby.
NO ONWARD CHAIN
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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