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101 High Street, Gloucestershire, GL20 5JZ
£525,000
Bedrooms
Bathrooms
Reception
Wilkinson SLM are proud to present this substantial four/five bedroom detached home on a larger than average corner plot situated in a quiet cul-de-sac location close to Tewkesbury Nature Reserve.
To the front there is parking for several cars and an electric vehicle charging point.
This property has the potential to be used for dual family accommodation, a multi-generational family home, HMO or Airbnb and offers considerable Work From Home possibilities.
The main house begins with an entrance hall, two reception rooms, one currently being used as a lounge the other as a dining room with log burner.
The kitchen has a range of floor and wall cabinets, a dishwasher, range cooker and integrated fridge.
A further hall leads to the utility area and a further reception room currently being used as a study. This could be used as a ground floor bedroom with potential for an ensuite.
On the first floor there are two bedrooms and a family bathroom. The main bedroom benefits from a dressing area, fitted double wardrobe and an ensuite.
A substantial metal framed conservatory, double glazed, heated and insulated serves as a link to the annexe.
The ground floor of the annexe has a reception room, a shower room and a further room currently being used as an office but with the potential to be a converted to a kitchen. On the first floor there are two further bedrooms.
Outside is a courtyard garden, a gravelled area with decking, a steel framed gazebo, log storage and access to a tool room with attic space over.
The main garden has a decked area with adjacent pond. There are additional paved and gravelled areas, lawn and a further decked area. This is all surrounded by a selection of fruit trees, bushes and well established border planting.
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.
101 High Street, Gloucestershire, GL20 5JZ
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