Trading Places is delighted to offer this beautifully presented two-bedroom terrace property, showcasing a blend of modern features and classic charm. The home benefits from UPVC double glazing throughout, providing excellent insulation and soundproofing, while the gas central heating ensures warmth and comfort year-round.
Upon entering, you are greeted by a welcoming entrance hall that leads to two generously sized reception rooms. These versatile spaces offer a range of possibilities, whether used as living and dining areas, or perhaps a home office and lounge. The heart of the home, the modern kitchen, is designed to a high standard with contemporary fittings, making it both practical and aesthetically pleasing for any home cook or entertainer.
Downstairs, the property also features a cellar, currently used for storage. This space offers additional functionality and could potentially be adapted to suit other needs, such as a workshop or further storage.
Moving upstairs, the first floor accommodates two spacious double bedrooms, each providing ample room for furnishings and personal touches. These rooms are light and airy, creating a calm and relaxing atmosphere. The highlight of the upper floor is the stunning four-piece bathroom suite, which includes a bathtub, separate shower, sink, and toilet. The modern design and thoughtful layout make this bathroom both luxurious and functional.
Externally, the property is street-fronted, offering easy access and a welcoming facade. To the rear, there is a lovely, private, enclosed courtyard, ideal for outdoor relaxation, dining, or gardening. This outdoor space adds to the property's charm, providing a quiet retreat from daily life.
This two-bedroom terrace combines traditional style with modern comfort, making it an inviting and practical home.
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 |
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