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Office One The Greystones, Green End Road, Huntingdon Cambs, PE28 5ST
£165,000
Bedrooms
Bathrooms
Reception
You enter the property into the hallway, which has a door to the lounge and stairs leading to the first floor. The lounge has a window to the front of the property, door to the understairs cupboard and door to the kitchen. The kitchen has a door and window to the rear utilty room, there is also a door to the downstairs bathroom. The kitchen comprises of a range of wall and floor mounted units. There is a stailess steel oven and hob with matching hood extractor. There is space for a fridge freezer. The utility room has space for a washing machine and a tumber dryer. There is a worktop in the utility room and UPVC windows and a door to the rear. The bathroom has a white three peice suite with shower over the bath. There is a frosted window to the rear. Unpstairs there are three bedrooms. The master bedroom is located at the front of the house and has a window to the front. There is a utility room, which has a small basin, toilet and shower. The second bedroom is located to the rear of the property with a window looking over the garden. The third bedroom is also located at the back of the property and looks over the rear garden. the rear garden is mainly laid to lawn with fencing surround. There is a patio area to the rear. The front of the property is laid to gravel and is ideal to park a car.
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.
Office One The Greystones, Green End Road, Huntingdon Cambs, PE28 5ST
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