**TRADITIONAL STYLE 1930'S THREE BEDROOM SEMI DETACHED WITH NO CHAIN**
Trading Places are pleased to have on the market this fantastic family property.
On entering the property there is a light and airy hallway with staircase leading to the first floor. To the first floor there are two double bedrooms with a 3rd bedroom as a box room. Modern family bathroom.
Location: The property is set in a great location for all local amenities and within walking distance to good local schools and parks.
Reception One 7.33m x 3.50
Double glazaed bay window to front elevation. TV Point. Radiator.
Dining Room 2.97m x 2.54
Double glaed window to side elevation. Laminate floor.
Kitchen 2.84m x 1.99m
Fitted with a range of walll and base units incorporating s stainless sink with mixer tap. Electric hob with oven below. Double glazed window to rear. PVC back door to access the garden.
Landing
Double glazed window.
Bedroom One 4.15m x 3.37m
Double glazed bay window to front elevation. Radiator.
Bedroom Two 3.22m x 2.88m
Double glazed window to rear elevation. Radiator.
Bedroom Three 2.13m x 2.10
Double glazed window to front elevation. Radiator.
Bathroom
Double glazd frosted window. Three piece white bathroom suite comprising:- panel bath with shower over, pedestal wash hand basin and WC.
Garden
Gated driveway to the front. Garage and enclosed garden to the rear.
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
