Trading Places are pleased to have available this lovely well-presented family property which boasts a spacious open plan kitchen/diner. The property has the added benefit of a ground floor WC.
On entering the property through the hallway there is ground floor WC off the hallway and a bay fronted lounge open to a fantastic open plan modern kitchen/diner with patio doors opening to the rear garden. To the first floor there are three bedrooms and a modern family bathroom.
Externally: - Driveway to the front and a lovely enclosed rear garden with separate decked patio area. Detached garage.
Entrance Porch
Double glazed entrance porch.
Hallway
Open spindle staircase leading to the first floor with understairs cloakroom. Two radiators
Ground Floor WC 0.90m x 1.00m
Fitted with a WC and wash hand basin.
Reception One 3.30m x 5.50m
Double glazed bay window to front elevation. Feature fireplace. TV Point. Radiator. Open to
Kitchen/Diner 5.40m x 5.00m
Fitted with a range of modern white gloss wall and base units with contrasting worktops and tiled splashback, incorporating a single drainer sink unit with mixer tap. Electric induction hob with oven below and a chimney style extractor above. Separate Breakfast bar. Plumbed for washing machine. Radiator. Velux windows. Open plan to dining area with double glazed patio doors opening to the rear garden.
Landing
Double glazed window to side elevation. Access to all first-floor rooms.
Bedroom One 3.80m x 3.10m
Double glazed bay window to front elevation. Fitted wardrobes. Two radiators.
Bedroom Two 2.60m x 3.30m
Double glazed window to rear elevation. Radiator.
Bedroom Three 2.10m x 2.40m
Double glazed window to front elevation. Radiator.
Bathroom 2.10m x 2.40m
Double glazed frosted window to rear elevation. white bathroom suite comprising: - panel bath with shoer over, vanity wash hand basin and WC.
Tenure : Leasehold
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
