Having had the current owner dwell here for many years, this has been a family home which has been lovingly maintained and now offers any new owner the potential to turn this into a modern, contemporary living space in keeping with the tradition this three bedroom semi-detached home offers.
Similar properties in the area have undergone an extension to the rear and, an extension into the roof space to allow for a four bedroom family home and this could be no exception. There is an abundance of outdoor space to the rear allowing for such improvements whilst internally the property briefly comprises:- entrance hall, living room, dining room with three bedrooms and bathroom to the first floor. There is plenty of off road parking to the front with rear access to the detached garage and garden via an alley way.
The property has PVCu double glazing throughout and is available for immediate viewings with a vacant possession and no chain.
Entrance Hall; Door to front, stairs to first floor, door to dining room.
Dining Room; Window to rear, double doors in to lounge, door to kitchen.
Kitchen; Door and window to side, window to rear, range of wall and base units with complementary work surfaces and splash backs, integrated oven with electric hob, fitted extractor, single sink and drainer, door to under-stairs storage.
Lounge; Bay window to front.
First Floor Landing; Doors to bathroom and two bedrooms.
Bedroom One; Window to front.
Bedroom Two; Window to rear.
Bathroom; Window to side, door to bedroom three, three piece bathroom suite.
Bedroom Three; Window to side.
Outside; The front of the property is laid to concrete allowing off road parking for multiple vehicles enclosed my mature hedgerows with a personal gate giving access to the rear. The rear of the property is laid to lawn with a large garden pond, decorative seating areas, garden shed and detached garage.
Access to the garage is available to the rear of the property.
The property boasts PVCu double glazing throughout.
Viewing is essential to realise the pottential that this property has.
Property Walkthrough: https://youtu.be/l5rSE5RvWLI
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 |