TRADING PLACES are pleased to have available this three good sized quasi semi-detached property which benefits from gas central heating system-combination boiler. Double glazed windows/exterior doors. 14' Front lounge. 16' kitchen/dining room. Bathroom with shower-separate WC. Good off road parking facilities. Enclosed, lawned garden to the rear. Conveniently situated for local amenities. Within easy reach of Humphrey Park Station.
TO THE GROUND FLOOR
Entrance Hall
With a radiator and a double glazed entrance door. Double glazed window to the
side. Stairs lead off to the first floor rooms with a storage area below and
with a double glazed window.
Lounge
14' 4'' x 12' 10'' (4.37m x 3.91m)
With an electric fire and radiator and a double glazed window to the front.
Kitchen/Dining Room
16' 1'' x 8' 2'' (4.90m x 2.49m)
With a single drainer stainless steel sink unit with mixer tap and a good range
of base and wall cupboard units and working surfaces incorporating an oven, hob
and extractor. Tiled areas, spotlighting and a radiator. Double glazed double
doors lead out to the rear garden. Tiled areas and space for appliances. Ample
room for a table and chairs. Walk-in storage area off where the combination gas
central heating boiler is located.
TO THE FIRST FLOOR
Landing
With a double glazed window to the side.
Bedroom (1)
12' 9'' x 11' 8'' (3.88m x 3.55m)
With a radiator and a double glazed window to the front.
Bedroom (2)
9' 10'' x 9' 10'' (2.99m x 2.99m)
With a radiator and a double glazed window to the rear.
Bedroom (3)
8' 8'' x 7' 3'' (2.64m x 2.21m)
With a radiator a double glazed window to the front.
Bathroom
With a white suite comprising panelled bath and wash hand basin with storage
space below. Double glazed window to the rear, tiled decor and a ladder
radiator. Over the bath shower with a rail and curtain fitted.
Separate WC
With a low level WC, tiled decor and a double glazed window to the rear.
Outside
To the front of the property are off road parking facilities, whilst, to the
rear is an enclosed, lawned garden.
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
