A good-sized three-bedroom mid-terraced property occupying a convenient cul-de-sac location just off Kings Road and across the road from Longford Park.
To the ground floor, the entrance features a composite front door and double-glazed window, stairs leading to the first floor and access doors to the lounge and kitchen areas. The through lounge/dining room has new vertical radiators and double-glazed windows at both ends of the room, and an open fireplace.
The kitchen includes a single modern black matte sink unit with a mixer tap, a range of base and wall cupboard units, working surfaces incorporating an oven, hob, extractor fan and plumbing for a washing machine. There is also a radiator, a double-glazed window to the rear. It features understairs storage and a useful pantry, and a wall-mounted 'Vaillant' combination gas central heating boiler. A UPVC door provides access to the outside.
On the first floor, the landing includes a loft access point. The bedrooms are all double bedrooms, the first bedroom featuring two large windows to the front of the property. The third bedroom looks out onto the garden and greenery. The bathroom is well-appointed, featuring a freestanding bath, a wash hand basin with storage below, a low-level WC, and a separate walk-in shower. There are double-glazed windows to the rear, tiled decor, and a chrome radiator, along with an extractor fan.
Outside, there is an enclosed garden with a lawn and patio at the rear and a driveway for off-road parking at the front.
Council Tax - B
Tenure - Leasehold - Ground rent £25 per year - 974 years left on the lease
Utilities - Octopus Energy
Chain - Vendors will be purchasing a property
Disclaimer * (While every effort has been made to ensure the accuracy and completeness of the information, Trading Places and the seller makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the information contained in this advertisement for any purpose and any reliance you place on such information is strictly at your own risk. All information should be confirmed by your Legal representative) *
Tenure : Leasehold
Council Tax Band : B
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
