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20 Portsmouth Road, Hampshire, SO19 9AB
£975,000 Guide Price
Bedrooms
Bathrooms
Reception
Upon entering, you are greeted by a spacious entrance hall leading to a lounge with a feature fireplace and bay window overlooking the front garden. The modern open plan kitchen/diner with island/breakfast bar is ideal for entertaining, boasting a double Bosch oven, Bosch induction hob, integrated dishwasher, and undercounter fridge. The property also includes an office/study, or potential fifth bedroom, a utility/boot room, and a downstairs shower room.
Upstairs, you will find 3 generous double bedrooms, with the master bedroom featuring built-in wardrobes. The fourth bedroom is also a decent sized room. Two bathrooms, one with a walk-in shower and one with a traditional bath tub, provide ample convenience.
Outside, the mature gardens encompassing 0.3 of an acre provide a tranquil setting, with a driveway for numerous vehicles, a caravan, and an electric car charging point. A workshop accessible from the garden leads to a double carport at the front of the property. There you will alos find access to the annexe, constructed in 2020 and finished to an incredible standard with a bright open plan lounge/diner kitchen, modern jack and gill bathroom and large double bedroom. The annexe has 18 solar panels and is heated by air heat source pump.
Located in Burridge, this village offers easy access to the M27, M3, Southampton, Winchester, and Fareham. The local recreation ground is home to the village's cricket club, while nearby Whitley Shopping Village and Park Gate centre cater to all your retail needs.
This well-loved family home is now available for sale, offering the perfect blend of character and modern living - an opportunity not to be missed! Viewings are highly recommended.
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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