TRADING PLACES WELCOMES THIS NICELY PRESENTED TWO BEDROOM SEMI DETACHED HOUSE TO THE MARKET.
Well-presented throughout this accommodation briefly comprising:- entrance hall, two reception rooms (one being used as a 3rd bedroom) and a fitted kitchen. To the first floor there are two double bedrooms and bathroom with separate WC.
Externally:- Driveway to the side and enclosed paved garden to the rear with garden shed.
Hall 9.14 x 3.41
UPVC double glazed panel door with glass inlay. Alarm Box. Radiator. Staircase leading to first floor. Laminate floor.
Reception One / Currently being used as a Bedroom 3.32 x 2.96
Large UPVC Bay fronted window to front elevation. TV point. Radiator. Wall mounted modern electric fire.
Reception Two 4.39 x 3.49
TV Point. Wall mounted modern electric fire. Built in storage. Wood laminate floor. UPVC double glazed tilt and turn patio doors opening to the Conservatory.
Kitchen 17.2 x 3.23
Modern white kitchen fitted with a range of wall and base units incorporating a single drainer with mixer tap. Plumbed for washing machine. Space for free standing fridge freezer. Space for electric cooker. Extractor fan. UPVC door to rear elevation.
Conservatory 2.35 x 2.01
UPVC double glazed window and French doors opening to the rear garden. Laminate floor.
Landing
UPVC double glazed window to side elevation. Radiator. Loft access.
Bedroom One 3.97 x 3.0
UPVC double glazed window to front elevation. Double panel radiator.
Bedroom Two 2.58 x 3.90
UPVC double glazed window to rear elevation. Double panel radiator.
Bathroom
Double glazed frosted window to side elevation. Panel bath with Triton shower. Pedestal wash hand basin. Extractor fan. Ceiling spotlights. Radiator. Part tiled.
Separate WC
UPVC double glazed window to side elevation. Low level WC Part tiled walls.
Externally
Driveway to the front. To the rear is an enclosed block paved garden with garden shed.
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 |
