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42, Taunton, TA1 1UD
£129,950
Bedrooms
A BEAUTIFULLY PRESENTED TWO-BEDROOM PARK HOME ON THE POPULAR OVER 50`S RESIDENTIAL SITE OF HOME FARM PARK IN ILMINSTER.
THIS REFURBISHED PARK HOME COMPRISES OF TWO BEDROOMS, BATHROOM, OPEN PLAN LOUNGE/KITCHEN & PLENTY OF STORAGE CUPBOARDS. THIS RENOVATED HOME BENEFITS FROM A HOST OF ENERGY SAVING FEATURES INCLUDING NEWLY INSTALLED EXTERNAL INSULATION THAT CAN SAVE UP TO 65% ON FUEL COSTS, A NEW COMBI-BOILER, CENTRAL HEATING SYSTEM, LED LIGHTING AND DOUBLE GLAZING. THE EXTERNAL RENDER HAS A 25-YEAR GUARANTEE.
NEW FLOORING AND CARPETS THROUGHOUT. A NEW CONTEMPORARY KITCHEN AND BATHROOM, FULLY REWIRED AND CERTIFIED ELECTRICS.
THE ACCOMMODATION BRIEFLY COMPRISES
ENTRANCE HALL, OPEN PLAN LOUNGE DINER AND ADJOINING KITCHEN, FAMILY BATHROOM, MASTER BEDROOM WITH BUILT IN WARDROBE, BEDROOM 2.
OUTSIDE
A DRIVEWAY, GARAGE WITH POWER AND LIGHT CONNECTED.GARDEN AREAS WITH EXCELLENT NATURAL LIGHT AND A GOOD DEGREE OF PRIVACY AND FAR REACHING RURAL VIEWS.
ACCOMMODATION
LOUNGE/KITCHEN/DINER: 6.86M X 5.92M (22'6 X 19'5)
MASTER BEDROOM: 3.57M X 3.27M (11'9 X 10'9)
BEDROOM 2: 2.85M X 2.63M (9'4 X 8'8)
BATHROOM: 4.47M X 2.20M (14'8 X 7'3)
OUTSIDE
GARAGE: 6.14M X 2.53M (20'2 X 8'4)
FURTHER INFORMATION
OVER 50'S ONLY
PETS ARE ALLOWED -FUTHER DETAILS TO FOLLOW
SOLD WITH THE 2013 PARK HOME ACT
GROUND RENT 180.00 P.C.M WATER & SEWERAGE INC - T.B.C
COUNCIL TAX BAND: B
10% RETURN TO SITE UPON RE-SALE
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.
42, Taunton, TA1 1UD
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