Entrance Reception
Generous access are with storage cupboard and Oak effect laminate flooring.
Lounge area (open plan) 3.21m x 5.49m
Fantastic modern open plan area with the Oak effect laminate flooring carrying through, uPVC double glazed window, two radiators and uPVC double glazed door to garden. Under stairs storage cupboard and stairs to first floor landing.
Kitchen Dining area (open plan) 3.40m x 3.12m
Range of modern fitted units in a cream finish with contrasting worktops, integrated gas hob, stainless steel splashback with extractor, electric oven built in with microwave, integrated fridge/freezer and plumbing for washing machine. The space is complimented by Oak effect laminate flooring, under unit lighting, radiator and uPVC double glazed window.
Ground floor WC
Low level WC, wall mounted wash hand basin, uPVC double glazed window, radiator, extractor and oak effect laminate flooring.
Landing
Radiator and boiler cupboard.
Bedroom One 3.11m x 3.71m
Two uPVC double glazed windows, radiator, built in wardrobe with sliding frosted doors.
En-Suite Shower Room
Double cubicle with multi jet shower, low level WC, wall mounted sink unit, heated towel rail, modern grey tiling to floor and walls, extractor and uPVC double glazed window.
Bedroom Two 3.11m x 2.17m plus recess 0.90m
UPVC double glazed window and radiator.
Bedroom Three 2.15m x 3.19m into recess
UPVC double glazed window and radiator.
Bathroom
Modern white suite comprising, panel enclosed bath with shower above, wall mounted sink unit, low level WC, uPVC double glazed window, shaving point, extractor and heated towel rail.
Garden
Lengthy Driveway
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 |
