Entrance Hall
Access vis uPVC double glazed door, radiator and stairs up to first floor landing.
Lounge 3.51m x 5.92m
uPVC double glazed bow window to front, uPVC double glazed window to side, laminate flooring throughout, two radiators and under stairs storage cupboard.
Kitchen 2.37m x 3.17m
Fitted with a modern range of units having under unit lighting and spotlights to plinth. Fitted with integrated fridge/freezer, dishwasher, electric oven and hob, extractor, microwave and black sink unit with extendable mixer tap. There is plumbing for washing machine, spotlights to ceiling, uPVC double glazed window and door to rear garden, with underfloor heating.
Landing
Spotlights to ceiling and access to;
Bedroom One 2.87m x 3.09m
Fitted with a range of wardrobes, uPVC double glazed window and radiator.
Bedroom Two 2.91m x 3.54m
A further double bedroom with uPVC double glazed window, radiator and stairs to loft.
Bathroom
Modern three piece suite with panel enclosed bath, low level WC and vanity wash hand basin fitted into an attractive storage area. The shower is off the mains gas supply above the bath, with spotlights to ceiling, heated towel rail and uPVC double glazed window.
Loft-Maximum measurements of 3.45m x 4.53m
Velux window, boiler cupboard, decorated tastefully.
Garden
Having undergone much expense to step the garden into three sections showing, a ground floor patio area with pizza oven, up to a decked seating area, then at the top of the garden is two wooden built sheds with power and lighting, All decorated with various potted plants flowers and shrubs.
Garage
Currently converted into kennels, this space can easily be transformed back to a working garage. Having up and over garage door, uPVC double glazed window and door, power and light.
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 |
