The traditional accommodation briefly comprises;
Entrance Porch
An inviting access space with double glazed window and door.
Hall
Having the stairs up to first floor landing and door to;
Dining Room (4.25m x 4.20m)
Front aspect views through double glazed window, central heating radiator and attractive tiled fireplace.
Lounge (5.27m x 3.32m)
Rear aspect with double glazed window and French doors out onto the vast rear garden and open views. Central heating radiator and wooden feature beams to ceiling.
Kitchen/Diner (3.00m x 4.52m)
Fitted with a range of units and contrasting worktops, integrated electric oven, hob and grill, plumbing for dishwasher and central heating radiator. The floor has tiling with feature beams to ceiling and spacious table and chairs area. With access to;
Utility Room (3.02m x 2.23m)
Home of the wall mounted combi boiler, fitted units and sink with rear aspect. Having plumbing for washing machine, space for under counter fridge, central heating radiator and tiling to floor.
WC
Ground Floor WC
Landing
Central heating radiator and storage cupboard.
Bedroom One (4.20m x 4.23m)
Double glazed window, central heating radiator and storage cupboard.
Bedroom Two (4.32m x 3.02m)
Double glazed window and radiator.
Bedroom Three (2.73m x 3.32m)
Double glazed window and radiator.
Bedroom Four (2.35m x 2.43m)
Double glazed window and radiator.
Bathroom (3,02m x 2.36m)
Currently fitted with a four piece suite comprising; panel enclosed bath, WC, pedestal wash hand basin and Shower cubicle. With storage cupboard and double glazed window.
Garage (7.42m x 4.60m) & Driveway
Extensive garage space with vaulted ceiling space for storage. Electric roller shutter door and access from the utility room.
Extensive Gardens with Views
Very attractive open views to extensive rear garden space. The garden is a beautiful mature, private area.
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 |
