Entrance Hall
Ground Floor WC
Low level WC, Sink, radiator and window.
Lounge/Dining Room 8.40m (27'7") x 3.05m (10')
Window to front elevation and two wall mounted double radiators. With electric fireplace with ornate timber. Door opening to kitchen and patio doors opening to the conservatory.
Conservatory 4.36m x 2.42m
Full uPVC double glazing and double doors leading to the enclosed rear garden.
Kitchen 5.18m (17') x 2.68m (8'10")
Window to rear elevation and wall mounted double radiator. Fitted with a range of wall and floor units with tiled splashbacks. Fitted sink/drainer and mixer tap. Integrated gas hob, electric cooker and extractor. Integrated fridge/freezer and plumbing for washing machine.
Landing
Open bright space with large window to side elevation. Doors leading to bathroom, bedroom 1, bedroom 2 and bedroom 3.
Bedroom 1 4.34m (14'3") x 3.08m (10'1") max
Window to front elevation and wall mounted radiator. Built in wardrobes with sliding doors.
Bedroom 2
3.91m (12'10") x 3.04m (9'11")
Window to rear elevation and wall mounted radiator.
Bedroom 3 3.01m (9'11") x 2.47m (8'1")
Window and radiator
Bathroom
Two windows to side elevation and heated towel rail. Full white fitted bathroom suite with corner bath and walk in shower.
Garage
Fitted with automated electric roller door.
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 |
