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Gloucester House,, Peterborough,, PE2 8AN
£450,000
Bedrooms
Bathrooms
Reception
*NO CHAIN * MUST VIEW* Next Move Estate agents are pleased to offer this stunning re-furbished three bedroom detached bungalow located in the desirable location of Stamford close to shops and schools with a cul-de-sac location in brief comprises of entrance hall, lounge, re-fitted kitchen/diner, re-fitted bathroom, utility room, cloakroom, three double bedrooms, garage, ample off road parking, landscape garden, NEW BOILER, GREAT ACCESS TO FIELDS, STAMFORD LOCATION , MANY MORE EXTRAS.EPC has been ordered and will be added to the advert once completed. Entrance Hall Radiator, loft hatch, stone flooring. Re-Fitted Kitchen18.03ft x 13.00ft Windows to front and side, door to side, re fitted wall and base units, sink, built-in oven and hob with extractor over, integrated fridge/freezer, radiator, stone flooring. Lounge15.09ft x 12.13ftWindow to front and side. TV point, feature fireplace, radiator.CloakroomFrosted window to side, radiator, stone flooringUtility Room5.02ft x 5.09ftDoor to side, base units, space for washing machine and dishwasher/tumble drier, stone flooring.Bedroom One12.04ft x 14.01ftWindow to rear, door to side, radiator.Bedroom Two10.08ft x 10.04ftWindow to side, radiator.Bedroom Three12.01ft x 10.01ftWindow to rear, radiator.BathroomFrosted window to side, deep panelled bath with shower over, WC, wash hand basin, heated towel rail.OutsideThe property provides ample block paved off road parking with laid to lawn and patio area with gated access to a field behind for casual walks.
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.
Gloucester House,, Peterborough,, PE2 8AN
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