Ground Floor
The property is entered via an entrance hallway with stairs rising to the first floor, useful under-stairs storage cupboard and access to the principal living accommodation.
The generous lounge measures approximately 4.31m x 3.34m (extending to 5.44m max) and provides a bright and comfortable living space with attractive flooring and feature fireplace.
To the rear is an impressive open-plan kitchen/dining room measuring approximately 7.26m x 3.18m max, fitted with a range of wall and base units, laminate work surfaces, inset sink unit with mixer tap, gas point for cooker and space for additional appliances. The dining area provides ample room for family dining and entertaining.
Ground floor WC is off the Kitchen.
Leading from the dining area is a sun room measuring approximately 2.23m x 2.95m, featuring laminate flooring and uPVC double glazing.
Beyond this is a conservatory measuring approximately 2.95m x 2.50m, of uPVC double-glazed construction with tiled flooring and pleasant views over the rear garden.
First Floor
The landing provides access to all bedrooms and the family bathroom.
Bedroom One measures approximately 3.59m x 2.97m (into fitted wardrobes) and benefits from built-in storage.
Bedroom Two measures approximately 3.30m x 2.66m and includes fitted storage cupboards.
Bedroom Three measures approximately 3.29m x 2.33m and is ideal as a child’s bedroom, guest room or home office.
The family bathroom is fitted with a panelled bath, wash hand basin and low-level WC, with complementary wall tiling and uPVC double-glazed window.
Outside
To the front of the property is a paved driveway providing off-road parking and access to the single garage, together with a lawned garden featuring a variety of shrubs, plants and flowers.
The single garage measures approximately 5.27m x 2.59m.
A useful side access leads to the attractive rear garden, which is mainly laid to lawn and enjoys a selection of mature plants, flowers and shrubs, creating a pleasant outdoor space for relaxation and entertaining.
Key Features
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 |
