This property is located in a sought after part of the town 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 bay windowed lounge. This bright and airy room has a fireplace to the centre of the room with a gas heater.
Beyond the lounge is the kitchen which has been modernised and offers a stylish range of units with a cream finish to the door fronts and a granite laminate work surface above which incorporates a dual drainer sink with mixer tap and also a four burner gas hob which has an cooker hood above. Integrated within the units is a single oven/grill. There is space for an upright fridge freezer, plumbing for a washing machine.
The conservatory is double glazed throughout and has a polycarbonate style roof covering, a single door with stepped access to the side and single door to the rear opening into the rear garden.
The first floor landing has built-in storage and doors leading to each of the two double bedrooms.
The bathroom has a modern suite with the fitted units incorporating a WC with concealed cistern and a wash hand basin. There is also a corner unit shower with sliding glass doors. The room has a single panel radiator and a window unit providing additional ventilation.
The front of the property offers off-road parking as well as gated access to the side of the house where there are steps leading down into the rear garden where there is a large open area that creates perfect barbecue space. The lower portion of the garden is laid to lawn and mature planting.
Virtual viewings upon request.
Tenure : Freehold
Council Tax Band : B
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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 |
