2 bedroom park home for sale

£200,000

2

Bedrooms

2

Bathrooms

2

Reception

Floorplan

WE ARE DELIGHTED TO OFFER FOR SALE, THIS TRULY IMMACUALTE 40 X 20 PATHFINDER LIGHTHOUSE, MANUFACTURED IN 2017. SITED ON A GENEROUS PLOT AT THE EDGE OF THE EVER-POPULAR BEAUFORD PARK AT NORTON FITZWARREN.

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.

AS SPECIALIST PARK HOME ESTATE AGENTS WE ARE THRILLED TO HAVE SUCH A HIGH QUALITY, LIGHT, MODERN AND SPACIOUS PARK HOME TO OFFER FOR SALE.

THE ACCOMMODATION BRIEFLY COMPRISES

LARGE DUAL ASPECT LOUNGE/DINER, MASTER BEDROOM WITH WALK-IN WARDROBES & EN-SUITE SHOWER ROOM, DOUBLE BEDROOM 2, MODERN KITCHEN WITH INTEGRATED APPLIANCES, SHOWER ROOM AND UTILITY ROOM

OUTSIDE

FRONT ASPECT

A SUPERBLY SITED PLOT WITH A MIXTURE OF BLOCK PAVED DRIVEWAY AND SHINGLES PLUS PRIVATE PARKING,THE HOME HAS A VERY ATTRACTIVE GRAVEL PLANTED FRONT ASPECT WITH A MIXTURE OF MATURE SHRUBS & POTTED PLANTS.

FLOOR TO CELLING WINDOWS GIVE THE HOME THE NAME OF LIGHTHOUSE AND AS FAR AS NATURAL LIGHT IS CONCERNED, IT CERTAINLY DELIVERS.

REAR ASPECT

ENCLOSED BY GOOD QUALITY HIGH LEVEL FENCING PERFECT FOR PETS, THE REAR GARDEN IS A TOTAL JOY WITH ITS EASE OF MAINTENANCE AND SUNNY ASPECT, A PATIO SEATING AREA BUILT FROM NEW COMPOSITE DECKING AND BEAUTIFULLY PLANTED BORDERS MAKES FOR A VERY PRIVATE SPACE. A NEWLY BUILT SECURE LARGE CONCRETE SHED COMPLETES THE HOME.


ACCOMMODATION

KITCHEN 3.21M X 2.59M (10.5 X 8.5)

UTILITY ROOM: 1.36M X 2.45M(4.5 X 8.1)

LIVING / DINING ROOM: 5.72M X 6.15M X 2.77M(18.8 X 20.2 X 9.1)L-SHAPE SEE FLOOR PLAN

BEDROOM TWO: 3.26M X 2.71M(10.7 X 8.9)

BEDROOM ONE: 2.96M X 2.81M(9.7 X 9.2)

EN-SUITE: 1.63M X 1.49M(5.3 X 4.8)

BATHROOM: 1.57M X 1.53(5.2 X 5.1)

FURTHER INFORMATION

GROUND RENT 156.17 P.C.M

COUNCIL TAX BAND: A

PETS ALLOWED

10% SITE RETURN FEE UPON RE-SALE

SOLD WITH THE 2013 PARK HOME ACT

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

£ 157700

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
    £ 5000
  • 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

£ 7700
  • 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

£

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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