LOVELY WELL-PRESENTED FAMILY THREE BEDROOM TERRACED WITH GARAGE AND ATTRACTIVE GARDEN TO THE REAR.
Trading Places are pleased to have on the market this generous size accommodation. Briefly comprising: Entrance hall, Lounge/Diner with double patio doors and fitted kitchen. To the first floor there are three bedrooms and a family bathroom. Externally: Garage to the front and a well-maintained family garden to the rear which is mainly laid to lawn with separate patio are.
Entrance Hall 1.8m x 3.8m
Alarm Control, staircase to the first floor with understairs storage.
Lounge/Diner 8.6m x 5.4m
Double glazed patio doors to the rear elevation. Feature ceiling coving and dado rail. TV Point. Laminate floor.
Kitchen 2.5m x 2.7m
Double glazed window to rear. Fitted with a range of wall and base units with contrasting worktops and tiled splashback, incorporating a single drainer sink unit with mixer tap. Four ring gas hob with oven below and extractor fan above. Plumbed for washing machine and space for free standing fridge freezer. TV Point. Laminate floor.
Landing - Access to all first-floor rooms
Bedroom One 3.6m x 3.7m
Double glazed window.
Bedroom Two 2.7m x 3.7m
Double glazed window.
Bedroom Three 2.3m x 2.2m
Double glazed window. Loft access.
Bathroom 1.7m x 2.5m
White bathroom suite comprising: - panel bath, pedestal wash hand basin and WC. Tiled to compliment.
Double glazed window. Tiled to compliment.
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
