3 bedroom house for sale

£389,995 Offers in excess of

3

Bedrooms

1

Bathrooms

2

Reception

Ideal Properties is delighted to present this beautifully refurbished three-bedroom terraced house for sale in the highly sought-after Nunnery Lane area of Luton. This stunning home has been renovated to an exceptional standard, offering contemporary living with high-quality finishes throughout.

Upon entering, you are greeted by a bright and spacious living area, designed to provide comfort and functionality for modern family life. The property boasts a brand-new kitchen, featuring sleek cabinetry, high-end appliances, and ample storage space, making it perfect for cooking and entertaining. The newly fitted bathroom has been elegantly designed with modern fixtures and stylish tiling, ensuring a luxurious feel.

The three well-proportioned bedrooms offer generous space, making this an ideal home for families, professionals, or investors looking for a high-spec property in a prime location.

Externally, the property benefits from a beautifully landscaped rear garden, providing the perfect outdoor space for relaxation, childrens play, or hosting guests. At the front, a private driveway offers off-road parking, ensuring convenience and security.

For added peace of mind, the home is equipped with CCTV and a burglar alarm system, enhancing safety and security.

Located in a desirable residential area, this home is within easy reach of excellent local amenities, schools, parks, and transport links, making it an attractive option for those seeking both comfort and convenience.

This exceptional property offers a stylish, secure, and well-connected lifestyleearly viewing is highly recommended!



Property additional info

Lounge: 127 x 105

Kitchen/ Diner: 16 x 1111

Bedroom 1: 137 x 11

Bedroom 2: 1111 x 1010

Bedroom 3: 85 x 84

Nearest Stations:

0.98 miles
Leagrave
1.77 miles
Luton
2.78 miles
Luton Airport Parkway
4.75 miles
Harlington
7.16 miles
Harpenden

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

£ 324445.875

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
    £ 9749.875
  • 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

£ 31949.625
  • 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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