Trading Places are pleased to have on the market this superb family accommodation which is well presented throughout. In brief the property comprising: - Entrance hall, the added benefit of a ground floor WC, bay fronted dining room with doors opening to a spacious lounge leading to Conservatory and a kitchen/utility room. To the first floor there are three bedrooms and a modern family bathroom.
Externally: -Neat lawned garden to the front and double gates opening to a privately enclosed well maintained rear garden with a summer house which has power and light and a separate patio area. Detached garage.
Entrance Hall
UPVC door opening to a light and airy hallway with window to side. Open spindle staircase leading to the first floor. Radiator. Laminate floor.
Ground Floor WC
Fitted with a WC.
Reception One 3.60m x 4.08m
Double glazed bay window to front elevation. Built in gas fire. TV Point. Laminate floor. Double doors opening to the rear lounge.
Reception Two 3.38m x 3.96m
TV Point. Radiator. Ceiling coving. Double glazed patio doors opening to the Conservatory.
Conservatory 3.38m x 3.91m
Double glazed Conservatory with patio doors opening to the garden. Laminate flooring.
Kitchen/Breakfast Room. 2.49m x 6.55
Fitted with a range of wall and base units with contrasting worktops and tiled splashback incorporating a single drainer sink unit with mixer tap. Gas cooker with oven below and extractor above. Space for free standing fridge freezer. Double glazed window to rear and side elevation. Utility area with base units and plumbed for washing machine. Door to side. Ceiling spotlights and Tiled floor.
Landing
Double glazed window to side elevation. Access to all first-floor rooms.
Bedroom One 3.15m x 4.46m.
Double glazed bay window to front elevation. Radiator.
Bedroom Two 3.49m x 3.01m
Double glazed window to rear elevation. Radiator.
Bedroom Three 2.40m x 2.64m
Double glazed window to front elevation. Radiator.
Bathroom 2.06m x 2.66m
Double glazed frosted window to rear elevation. Modern white bathroom suite comprising: - roll top bath with centre taps and a separate shower cubicle. Pedestal wash hand basin and a low-level WC with push button flush. Part tiled to compliment.
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 |
Firstly, let’s begin with a few details about you