2 bedroom park home for sale

£170,000

2

Bedrooms

2

Bathrooms

1

Reception

Floorplan

MCKINLAYS PARK HOMES NOW RELEASE FOR SALE THIS 38' X 20' TINGDENE HAYDEN CLASSIC PARK HOME THAT WAS SITED IN 2005. THIS DOUBLE GLAZED AND MAINS GAS CENTRALLY HEATED OVER 50'S HOME BOASTS AN EN-SUITE SHOWER ROOM, A GARAGE AND A WEST FACING GARDEN. THE HOME WILL BE FOUND IN SUPERB ORDER BOTH INTERNALLY AND EXTERNALLY. PLEASE CALL TO BOOK YOU VIEWING TODAY.

THE ACCOMMODATION BRIEFLY COMPRISES


KITCHEN, DUAL ASPECT LOUNGE/DINER, HALLWAY AND CLOSET SPACE, FAMILY SHOWER ROOM, BEDROOM ONE WITH BUILT IN WARDROBES AND AN EN-SUITE SHOWER ROOM, BEDROOM TWO WITH BUILT-IN WARDROBES.

OUTSIDE

A SUNNY WEST FACING PANEL FENCE ENCLOSED PATIO SET GARDEN. OUTSIDE TAP AND ACCESS TO THE GARAGE.

GARAGE- FITTED WITH POWER AND LIGHT A PEDESTRIAN DOOR AND UP AND OVER VEHICULAR DOOR.

THIS SITE IN NORTON FITZWARREN IS IMMENSELY POPULAR AND AS SUCH WE DO NOT EXPECT THE HOME TO BE ON THE MARKET FOR LONG, WITHIN VERY EASY REACH OF LOCAL AMENITIES SUCH AS SHOPS, POST OFFICE, DOCTORS, PUBS, TAKEAWAYS AND OF COURSE THE COUNTY TOWN OF TAUNTON, THERES LITTLE WONDER WHY SO MANY PEOPLE WANT TO DOWNSIZE TO MOVE TO THIS WONDERFUL OVER 50S PARK SITE.

ACCOMMODATION

EXTERNAL: 38' X 20'

LIVING ROOM/DINING ROOM: 5.8M X 3.4M (19 7 X 11 4)

KITCHEN: 3.7M X 2.7M (132 X 96)

BEDROOM 1: 3.7M X 2.1M (12 X 77)

BEDROOM 2: 2.9M X 3.45M (96 X 114)


FURTHER INFORMATION

GROUND RENT 193.59 P.C.M

COUNCIL TAX BAND: A

PETS ALLOWED

10% SITE RETURN FEE UPON RE-SALE

SOLD WITH THE 2013 PARK HOME ACT

OVER 50'S ONLY




Disclaimer

Every care has been taken with the preparation of these Particulars but complete accuracy cannot be guaranteed. If there is any point of particular importance to you, we will be pleased to check the information. These Particulars do not constitute a contract or part of a contract. The Fixtures, Fittings and Appliances have not been tested and therefore no guarantee can be given that they are in working order. Photographs are reproduced for general information and it cannot be inferred that any item shown is included in the sale
Whilst every attempt has been made to ensure the accuracy of the floor plan contained here, measurements of doors, windows, rooms and any other items are approximate and no responsibility is taken for any error, omission, or mis-statement. This plan is for illustrative purposes only and should be used as such by any prospective purchaser. The services, systems and appliances shown have not been tested and no guarantee as to their operability or efficiency can be given.

Nearest Stations:

1.77 miles
Taunton
9.68 miles
Bridgwater
12.05 miles
Tiverton Parkway
15.22 miles
Highbridge and Burnham
15.96 miles
Honiton

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

£ 134450

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 4250
  • 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

£ 6950
  • 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

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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

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This is the assumed rate of house price inflation.

Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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