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Gloucester House,, Peterborough,, PE2 8AN
£400,000 Guide Price
Bedrooms
Bathrooms
Reception
*NO CHAIN *HAMPTON GARDENS* MUST VIEW * Next Move Estate Agents are pleased to offer this five bedroom detached home in brief comprises of an open entrance hall benefitting from under stairs storage and easily accessible living room. The kitchen/dining room comes fitted with integrated dishwasher, fridge/freezer, breakfast bar and further benefits from patio doors leading to rear garden. The upgraded granite worktops are sleek and modern yet easy to maintain and clean. Utility with integrated washing machine and space for tumble dryer. Ground floor WC complete with WC and hand wash basin.
To the first floor is five bedrooms, four of which are doubles. Master bedroom with built in, sliding door wardrobe and en suite complete with double shower, wash hand basin and WC. Bedroom two with mirrored, built in wardrobe and bedroom three with cupboard over the stairs. Bedroom five is a good sized single which is perfect for a small bedroom or study. Family bathroom benefits from bath with upgraded shower, WC, wash hand basin and heated towel rail.
To the front of the property is parking for up to two cars, access into the garage and front garden laid to lawn which can be made into additional parking. Side access into the rear garden which is also mainly laid to lawn.
A short walk away from Hampton Gardens Secondary School as well as large park with green space, basketball area & children's play area. Local amenities include shops and restaurants and closely located to London Road which leads to the A1. Peterborough train station is also a 10 minute drive away. Early viewing is a must!
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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