Entrance Hallway
3.02m x 2.81m - 9'11" x 9'3"
UPVC Door, stairs leading to first floor landing, storage cupboard, radiator, tiled flooring, under stairs storage cupboard
Cloaks/Wc
2.00m x 0.73m - 6'7" x 2'5"
Low level w/c, wall mounted sink, double glazed window to the front elevation
Kitchen
3.47m x 2.84m - 11'5" x 9'4"
Fitted with a range of Howdens wall and base units with complementing work surfaces, Gas Hob, Electric Oven, Extractor hood, stainless steel sink with drainer and mixer tap, splash back tiling, plumbing for washing machine, space for fridge/freezer, storage cupboard, tiled flooring, double glazed window to the front elevation
Dining Room
3.25m x 3.14m - 10'8" x 10'4"
Patio door to the rear garden, double glazed window to the rear elevation, coving to ceiling, radiator
Living Room
3.60m x 3.25m - 11'10" x 10'8"
Double glazed window to the rear elevation, radiator, coving to ceiling
Landing
Double glazed window to the front elevation, two storage cupboards
Bedroom One
3.70m x 3.25m - 12'2" x 10'8"
Double glazed window to the rear elevation, radiator
Bedroom Two
3.63m x 3.25m - 11'11" x 10'8"
Double glazed to the rear elevation, radiator, coving to ceiling
Bedroom Three
2.15m x 1.80m - 7'1" x 5'11"
Fitted with a three piece suite comprising of; panelled bath , pedestal hand wash basin, low level w/c, splash back tiling, towel rail, tiled flooring, double glazed window to the front elevation
Externally
To the Front;Fully enclosed paved garden area with several trees including an apple tree, shed and gate accessTo the Rear;Garden area Additionally there is ample on street parking
Tenure : Freehold
Council Tax Band : A
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 |
