A remarkable detached family home which is being brought to the market by us here at JC Property. This generously sized property is available for purchase for just £150,000 and early viewings are certainly recomended. This home has been lovingly mainatained by the current owners which sits in a convenient location for Schools and amenities. Internally the accomodation offers a large entrance hall, good sized lounge/diner, downstairs w.c and kitchen whilst the first floor has three bedrooms and family bathroom. The property also benefits from new carpets throughout, a combination boiler, double bay front, off road parking and, privately enclosd gardens giving further appeal to this fablous home. Contact JC Property in Scunthorpe for further details and to arrange a viewing.
Entrance Hall; Door to front, stairs to first floor, doors to w.c, kitchen and lounge/diner.
Lounge/Diner; Bay windows to front and rear, feature fireplace to lounge with marble back and hearth, open fireplace with marble hearth to the dining room.
Kitchen; Two windows to side, window to rear, door to rear, range of wall and base units with complementary work surfaces and splash backs, integrated oven and hob with fitted extractor, single sink and drainer, breakfast bar, space and plumbing for white goods.
Downstairs W.C.; Low flush w.c., vanity wash basin, tiled walls.
Firts Floor Landing; Window to side, hatch to loft, doors to bathroom and three bedrooms.
Bedroom One; Window to rear, fitted wardrobes.
Bedroom Two; Bay Window to front.
Bedroom Three; Window to front.
Bathroom; Window to side, three piece suite comprising:- panel enclosed bath with electric shower over, pedestal wash basin, low flush w.c., fitted storage, chrome heated towel rail, tiled walls and floor.
Gardens; The front of the property allows for off road parking and gives access both sides to the rear garden via private gates. The rear garden is laid to lawn with a raised patio area enclosed by brick wallling and wood panel fencing for privacy.
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 |
