In brief this spacious accommodation briefly comprising: - Entrance Hall, bay fronted reception room with double sliding doors opening to the dining room and a fitted kitchen with breakfast bar. To the first floor there are three bedrooms and a family bathroom and stairs leading to the loft room (bedroom four) which has a WC and wash handbasin.
EXTERNAL
Large driveway to the front with room for off road parking for five cars and to the rear is a generous size rear garden laid to lawn with large decking sun area.
ENTRANCE HALLWAY
Composite front door opening to hallway with open spindle staircase leading to the first floor with understairs storage cupboard. Double panel radiator. UPVC double glazed window.
RECEPTION ONE 3.62m x 4.21m
UPVC double glazed bay window to front elevation. TV Point. Ceiling coving and double panel radiator. Sliding wood glass panel doors opening to the rear reception rom.
RECEPTION TWO 3.61m x 4.23m
UPVC double glazed patio doors opening to the rear garden. Double panel radiator.
KITCHEN 6.26m x 2.02m
UPVC double glazed window to front and side elevation. Fitted with a range of shaker style wall and base units with contrasting worktops. Integrated four ring gas hob and a chimney style extractor fan above. Electric oven housed in unit and plumbed for washing machine and dishwasher. Integrated fridge freezer. Breakfast bar. Tiled floor
LANDING
Double glazed window to side elevation and access to all firs floor rooms and family bathroom.
BEDROOM ONE 4.12m x 3.39m
UPVC double glazed bay window to front elevation. Fitted wardrobes. Double panel radiator. Wood laminate floor.
BEDROOM TWO 4.24m X 3.61m
UPVC double glazed window to rear elevation. Fitted wardrobes and single panel radiator.
BEDROOM THREE 2.30m x 2.03m
UPVC double glazed window to front elevation. Fitted wardrobes and single panel radiator. Wood laminate floor.
FAMILY BATHROOM 2.08m x 3.06m
UPVC double glazed opaque window. Three-piece bathroom suite comprising: - corner bath, pedestal wash hand basin and WC with push button flush. Half tiled walls to compliment.
2ND LANDING
UPVC double glazed window. Built in storage over stairs.
LOFT ROOM 5.31m x 4.34m
Currently used as a bedroom with Two UPVC Velux windows. WC and Wash hand basin.
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
