JC Property presents this chain free three-bedroom mid terrace home in the village of Keadby, and located on Station Road.
The property is situated in the centre of the popular village of Keadby, on the outskirts of Scunthorpe. The location of the property offers a great location to a number of shops / post office, and is within easy walking distance from the local school, playing fields, and local doctors. The train station is also a short walk away.
The property itself offers three double bedrooms, an open plan lounge, kitchen and recently installed shower room. To the rear is a low maintenance garden, and detached garage with a workshop.
The ground floor includes a large through lounge / dining room with a built in log burner, the kitchen has also recently been upgraded and includes an integrated hob and cooker, and under stairs unit.
The rear shower room also used as a wet room, includes a shower, toilet and sink unit and tiled throughout. There is also a small utility area ideal for a washer and dryer.
The first floor, which is accessed via stairs from the living room, benefits from, three double bedrooms, the main bedroom which is located at the front of the house.
The house is fully double glazed and gas central heating, plus the additional benefit of a log burner.
· No Chain
· Investment opportunity
The property has an EPC rating of E, and a council tax band of A.
Viewings can be arranged by contacting JC Property on 01724 487297.
Tenure : Freehold
Council Tax Band : A
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 |
