Davlyn, hall lane, wrightington, wn6 9el

£600,000 Offers over

4

Bedrooms

1

Bathrooms

2

Reception

GREAT LOCATION LARGE FRONT AND REAR GARDENS FREEHOLD VIEWINGS ARE ESSENTIAL ON/OFF DRIVEWAY FOR MULTIPLE CARS - FAMILY SIZED DETACHED PROPERTY - NO CHAIN - LARGE GARAGE AND WORKSHOP/UNIT -

Borron Shaw is pleased to offer for sale this detached family home in Wrightington. It comprises of: -Two Lounges, Kitchen, Dining Room, Utility, Four Bedrooms and Family Bathroom. It benefits from double glazing throughout. Externally it sits on a very large plot with front and rear gardens and driveway parking. This is a great property for families and viewings are highly recommended but dont delay as properties in this area dont stay available for long!!!

Lounge One (129 x 228) Double glazed bay window, UPVC double glazed window and radiator.

Lounge Two (141 x 128) Feature fireplace and surround and a radiator

Kitchen (15 x 117) Double glazed window, tiled wall and floor. Built in worktops, one and half sink unit, electric hob and over, range cooker, plumbing for dishwasher.

Utility (159 x 69) Plumbing for washing machine, single sink unit and built in base units with worktops.

Dining room (148 x 149) Double glazed bay window.

Bedroom One (14 x 117) Double glazed window, radiator and built in wardrobes.

Bedroom Two (123 x 128) Double glazed window and built in wardrobes.

Bedroom Three (141 x 105) Double glazed window, radiator and built in wardrobes.

Bedroom Four (87 x 122) - Double glazed window, radiator and built in wardrobes.

Bathroom Double glazed window, tiled wall and radiator. Corner bath, W/C, handwash basin, bidet.

Front gardens - On and off driveway driveway, mature landscaped gardens.

Rear gardens - Mainly lawned with paved patios, large garden shed/unit, mature plants and trees border fence boundries.

Garage: Large brick garage with storage/workshop to the rear.


Nearest Stations:

0.4 miles
Appley Bridge
1.95 miles
Gathurst
2.26 miles
Parbold
3.72 miles
Hoscar
3.74 miles
Orrell

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 497700

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 15000
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 47700
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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