2 bedroom terraced for sale

£150,000 Fixed Price

2

Bedrooms

2

Bathrooms

1

Reception

Floorplan

Property Matters Online are delighted to present to the market this modern two-bedroom MID TERRACED VILLA situated within the sought after Annick Grange development, recently completed by the quality builder Persimmons Homes.


The accommodation is presented is immaculately presented throughout and is formed over two levels with the lower level comprising front facing lounge which in turn gives access to the rear facing kitchen which houses an ample range of base and wall units with complementary worktops and upturns. Breakfast area, integrated gas hob, electric oven and extractor fan. Plumbing for automatic washing machine. Two-piece downstairs cloakroom. The upper-level accommodation houses the two bedrooms and three-piece family bathroom comprising wc, wash hand basin and bath with overhead thermostatic shower.

The accommodation further benefits from two parking private parking bays to the front, an easily maintained and fully enclosed rear garden with paved patio and lawn. Double glazing. Gas central heating.

LOCALITY

The property is ideally located, not far from the A78/A71 which is the main Irvine - Kilmarnock and Irvine - Ayr road link.

Local shops are close by and provide the necessary day to day requirements. The nearby town centre also offers a good range of high street shops, supermarkets, retail parks, leisure centre and all professional facilities.

There is an extensive choice of both primary and secondary schooling available in the Irvine and Kilmarnock area. Private schooling is available at Wellington in Ayr and in Glasgow. Irvine has 2 main secondary schools with the new, state of the art, Greenwood Academy (built at the end of 2007) within catchment area.

The A78 from Irvine to Kilmarnock gives easy access to the recently upgrated and refurbished A77 - M77 motorway link and all main arterial routes. This provides easy access for the commuter with links also accessing in a southerly direction towards Ayr, Girvan, the Ayrshire coast and in a Northerly direction toward Glasgow. The West Coast of Ayrshire and its beaches are only a few minutes away.

Irvine has a mainline rail station with a comprehensive service to Glasgow and the main west coast line south.

Prestwick International Airport is close by and Glasgow Airport, being the main route for all the major tour operators, is only approximately 22 miles away.

Ayr is approx. 16 miles away and is Ayrshire's foremost town offering a good range of high street shops, supermarkets, recreational and professional facilities. In addition there are a number of well-renowned restaurants.


Room Sizes (Approx.)

  • Lounge:4.10m x 4.01m (134 x 132)

  • Kitchen:2.92m x 2.76m (96 x 89)

  • WC:2.93m x 1.09m (96 x 36)

  • Bedroom 1:4.10m x 2.51m (134 x 82)

  • Bedroom 2:4.11m x 2.25m (135 x 74)

  • Bathroom:1.94m x 1.92m (64 x 61)

Viewing Arrangements: By appointment only contact agent.

PARTICULARS Property Matters Ltd for themselves and for the sellers of this property whose agents they are, give notice that the particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a contract and that no person in the employment of Property Matters Ltd has any authority to make or give any representation or warranty whatever in relation to this property. Intending purchasers must satisfy themselves, by inspection or otherwise, on all matters.

OFFERS Offers must be submitted in Scottish legal form to the sole selling agents. Formal note of interest should be registered prior to offering. A closing date will only be notified to parties who have registered interest through their solicitors. The seller reserves the right to accept any offer at any time

Nearest Stations:

1.36 miles
Irvine
3.55 miles
Kilwinning
4.1 miles
Barassie
4.26 miles
Stevenston
4.59 miles
Kilmaurs

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

£ 118950

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
    £ 3750
  • 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

£ 6450
  • 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

Adjust these figures

  %

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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