This property is located in a quiet residential and we are sure it will attract a lot of interest from couples and families alike.
The accommodation is accessed via the entrance hallway where there is a staircase to the first floor and a door leading you into the open plan kitchen and lounge area, with a stylish range of units with a maple finish and chrome fittings and a golden musk composite counter top which incorporates a dual drainking sink with mixer tap and space for a large gas fitted oven with a cooker hood above. There is space for an upright fridge freezer, plumbing for a washing machine and dishwasher. The lounge area also has a large french door allowing access to the spaceous rear yard.
Beyond the lounge and kitchen area is the first bedroom which can be converted into a comfortable second lounge are has been modernised with oak laminate flooring and sublte feature wall and a great amount of natural light.
The first floor landing has a large open space leading to each of the three double bedrooms, a bathroom and shower rooms.
The bathroom has a modern suite with the fitted units incorporating a WC with toilet and a pedastal basin. There is also a bath with glass panel. The room has a chrome heated towel rail and a window unit providing additional ventilation.
The shower room has a modern suite with a fitted conrner shower unit with curver glass shower doors, toilet and vanity unit.
The front of the property offers on street parking.
The rear yard offers a large open space suitable socialising and BBQ's, with a decking unit in one corner of the yard.
For any further information, please feel free to contact us.
Tenure : Freehold
Council Tax Band : A
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Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
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.
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.
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.
| Tax Band | % | Taxable Sum | Tax |
| less than £125k | 0 | ||
| £125k to £250k | 2 | ||
| £250k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
| Tax Band | % | Taxable Sum | Tax |
| less than £125k | 3 | ||
| £125k to £250k | 5 | ||
| £250k to £925k | 8 | ||
| £925k to £1.5m | 13 | ||
| rest over £1.5m | 15 |
| Tax Band | % | Taxable Sum | Tax |
| less than £300k | 0(2/5)* | ||
| £300k to £500k | 5 | ||
| £500k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
