Entrance
This splendid semi rural property is accessed via a composite double glazed door, entering the initial inviting space with radiator and gloss tiled flooring to the hallway.
Hallway
Having stairs up to the first floor, radiator and access to the Lounge, Kitchen/Dining room, WC and Garage.
Lounge 4.35m x 3.05m
This first main reception is front aspect with large upvc double glazed window, giving frontal views and a upvc double glazed window to the side aspect, over the garden. The room has laminate flooring, storage cupboard and radiator.
WC
The ground floor facilities include a low level WC, vanity wash hand basin which is in a high gloss grey modern finish, tiling to floor, spotlights to ceiling, extractor and radiator.
Kitchen/Dining Room 7.15m x 3.37m
This very impressive and spacious room covers the full width of the house to the rear aspect. The light units are complimented by grey granite worktops, integrated sink unit with mixer tap, electric oven with halogen hob, microwave, dishwasher, fridge and freezer. The tiling is carried through the full room into the dining area, there's spotlights to ceiling, radiator, upvc double glazed windows and French doors to the rear garden. An ideal social and cooking space to entertain.
First Floor Landing
Having a upvc double glazed window, storage cupboard and spotlights to ceiling.
Bedroom 3.03m x 3.33m
Double Bedroom with upvc double glazed window and radiator.
Bedroom 3.34m x 3.95m
Double bedroom with upvc double glazed window and radiator.
Bedroom 2.60m x 4.46m
Double bedroom with upvc double glazed window and radiator.
Bedroom/Lounge 2 4.35m x 3.24m
This room is very versatile with far reaching field views from the corner double glazed large window, with a storage cupboard and radiator. This could be a further bedroom if required or a second floor lounge.
Family Bathroom
An attractive space with panel enclosed bath with shower above, vanity wash hand basin having a grey high gloss finish, low level WC, grey tile splashback, feature artificial grass wall, heated towel rail, extractor, upvc double glazed window and spotlights to ceiling.
Second Floor Landing
upvc double glazed window
Master Bedroom 6.42m x 4.38m
Wow ! what a space this is, with walk in wardrobe, radiator, two double glazed windows and two velux double glazed windows allowing plenty of light into the room.
En-suite Shower Room
Larger than the average shower room space this shows a double cubicle with multiple shower attachments, low level WC, vanity wash hand basin in a high gloss grey finish, tiling to walls and floor, extractor, heated towel rail, upvc double glazed window and spotlights to ceiling.
Garage with Utility Area
The garage has power and light with garage door and a spacious utility area housing a sink unit, plumbing for washing machine, units for storage and wall mounted boiler.
Gardens and Driveway
The garden wraps round the back and side of the house, giving plenty of private space to enjoy. Lawned with a raised patio area and pergola to entertain and relax in bbq season. The front has driveway space for multiple cars with views over farmland.
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 |