ENTRANCE HALLWAY
Entrance to this wonderful family home is accessed via a double glazed door to the front which enters a welcoming hallway. The hallway features laminated flooring, stairs to the first floor landing featuring a double gazed window, two useful storage cupboards and an additional cupboard to the under stairs recess.
KITCHEN 3.50m (11' 6") x 2.40m (7' 10")
LOUNGE THROUGH DINING ROOM 7.31m (24' 0") x 3.17m (10' 5")
Offering substantial living space, the lounge through diner features wood effect laminated flooring, two radiators and a duel aspect with two double glazed windows to the front and rear elevations which permit a wealth of natural light into the floor area.
FIRST FLOOR LANDING
The first floor landing features access to the three bedrooms and family bathroom whilst providing a wealth of space with two useful walk-in storage cupboards.
MASTER BEDROOM 3.80m (12' 6") x 3.04m (10' 0")
The well appointed master bedroom positioned to the front of this wonderful home provides a double glazed window and a radiator.
SECOND BEDROOM 3.05m (10' 0") x 2.92m (9' 7")
The second double bedroom located to the rear of the property comprises of a double glazed window, radiator and splendid double wardrobes.
THIRD BEDROOM 2.90m (9' 6") x 1.30m (4' 3")
The third box bedroom located to the front of the property features a double glazed window and radiator.
BATHROOM 2.27m (7' 5") x 2.09m (6' 10")
Well presented, this family bathroom features paneled bath with an overhead shower and an accompanied glazed shower screen, a low level w/c and a pedestal hand wash basin complete with mixer tap fitments. Other amenities include two double glazed windows and a radiator.
EXTERNAL
To the rear there is a patio area and lawn with a brick built storage shed that has a power outlet supplied.
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 |