Here is an immaculate family home which has been well looked after by the current owners for a number of years.
Internally this good sized three bedroom home has lots on offer for any new buyer with the addition of a fully reburbished and modern kitchen and bathroom.
The ground floor offers entrance hall, lounge and kitchen diner whilst the first floor has three good sized bedrooms and refurbished bathroom.
New carpets and flooring, PVCu double glazing throughout and a neutral decor are additional benefits to this fabulous home.
This really does offer an ideal opportunity for a first time buyer or investor being priced at just £99,950.
Viewings are available immediately and are highly recommended.
LOUNGE 15ft x 12ft Window to front, feature fireplace with electric fire inset, hearth and surround, new carpets, television point, door to kitchen diner.
KITCHEN DINER 10ft x 19ft Window and patio doors to rear, range of wall and base units in contemporary high gloss finish with matching splash backs and complementary work surfaces, integrated washer/dryer, dishwasher, oven, microwave, electric hob and fitted extractor, one and a half sink and drainer, space and plumbing for further white goods, understairs storage, new modern laminate flooring.
BEDROOM ONE 10ft x 12ft Window to front, laminate flooring, fitted storage, television point.
BEDROOM TWO 9ft x 11ft Window to rear, laminate flooring, television point.
BEDROOM THREE 9ft x 8ft Window to front, laminate flooring.
FAMILY BATHROOM 6ft x 8ft Window to rear, fully refurbished with walk in shower, low flush w.c., vanity enclosed wash basin, chrome heated towel rail, tiled walls and floor.
OUTSIDE The property sits in a cul-de-sac position with the front offering a low maintenance garden mainly laid to lawn with resin pathways enclosed by brick walling. The rear of the property is laid to resin enclosed by wood panel fencing.
This property sits within walking distance of many local amenities including local shops and Schools and is within easy reach of the M180.
Tenure : Freehold
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 |