This superb two bedroom ground floor apartment is
now available to the market offering no chain and great value for money.
With a desirable layout, this property differs
from many others in the area, and offers a great opportunity for an investor or
first time buyers..
The property has been
rented for the last couple of years and could be an ideal investment
opportunity with a sitting tenant with a current rental estimate of £525.00pcm,
or could be an ideal opportunity for a first time buyer.
There is a good sized entrance hall, which offers access to all rooms, a good
sized lounge with dining area, separate kitchen with integrated appliances,
bathroom and two double bedrooms.
This property has been maintained by the current owners offering an ideal
opportunity for any investor or first time buyer.
Other benefits to note are UPVC double glazed windows throughout, gas fired
central heating, secure entry and allocated parking.
The property is ideally situated for access to local schools including the very
popular St Peter and St Paul CofE Primary School, play areas, an abundance of
shopping facilities and nearby links to the M180.
Property Details:
Entrance Hall with
fitted storage cupboards, doors leading to two bedrooms, bathroom, lounge and
kitchen.
The lounge is situated to the rear, with windows to rear gardens, includes at television
point and sockets.
Kitchen is located to the front, and includes a range of wall and base units
with complementary work surfaces and tiled splash backs, one and a half sink
and drainer, four ring hob and fitted extractor.
Bedroom 1 is located
to the rear, includes a Window to rear gardens, fitted wardrobes, aerial socket
and sockets.
Bedroom 2 is located to the front, with double glazed window, aerial point and
sockets.
Bathroom is central to the property, includes a three piece suite comprising:-
panel enclosed bath with mixer shower over, low flush w, c pedestal wash basin.
Call or email us today to book your viewing!
Council Tax Band B
Tenure : Leasehold
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 |
