5 bedroom detached for sale

£599,950 Offers over

5

Bedrooms

3

Bathrooms

2

Reception

Floorplan

Description: A beautifully presented five bedroom detached house, which has been refurbished throughout, offering new flooring, a newly fitted kitchen/diner and bathroom, lounge with log burner, study providing ideal space to work from home, two en suites, a south-facing rear garden and off road parking with a detached double garage, situated in the sought after estate, The Oakalls, Bromsgrove.

The property is approached via a block paved driveway providing off road parking with access to the detached double garage.

An attractive porch leads into the good-sized welcoming hallway with doors off to; a downstairs wc; lounge with inset log burner and stone surround; study with fitted cabinetary providing ideal space to work from home; newly fitted kitchen/diner with French doors to the rear garden, breakfast bar and integrated dishwasher, fridge, freezer, double oven, induction hob and extractor over; and the handy utility room with door to the rear garden.

Stairs from the hallway lead up to the first floor landing with doors radiating off to; double bedroom two with a built-in wardrobe and en suite shower room; double bedrooms three and four; bedroom five; and re-fitted family bathroom with a shower situated over the bath.

Further stairs lead up to a second floor landing with a door to; the master bedroom with fitted wardrobes and a modern en suite shower room.

Outside, the property enjoys a south-facing rear garden with an outdoor tap, paved patio and lawn with planted border to fenced boundaries.

Kentmere Road is located in the sought after and popular modern development The Oakalls, with good access to the motorway network within close proximity to Bromsgrove high street. Bromsgrove itself offers a range of convenience stores, supermarkets, restaurants, leisure centres, schools, and other services including doctor and dentist surgeries, a library and a popular golf club, and is an ideal town for growing families.

Room Dimensions:

Hall

Downstairs WC

Lounge: 15' 3" x 12' 3" (4.65m x 3.75m)

Kitchen/Diner: 22' 7" x 10' 11" (6.90m x 3.35m) max

Utility Room: 7' 9" x 5' 2" (2.38m x 1.58m)

Study: 9' 8" x 6' 6" (2.95m x 2.00m)

Double Garage: 18' 8" x 16' 10" (5.70m x 5.15m)

Stairs To First Floor Landing

Bedroom Two: 14' 0" x 10' 8" (4.28m x 3.27m)

En Suite: 7' 4" x 6' 2" (2.25m x 1.90m) max

Bedroom Three: 11' 2" x 10' 8" (3.42m x 3.27m)

Bedroom Four: 10' 9" x 10' 7" (3.30m x 3.25m)

Bedroom Four: 10' 0" x 7' 11" (3.05m x 2.42m)

Bathroom: 7' 11" x 7' 0" (2.42m x 2.15m)

Stairs To Second Floor Landing

Master Bedroom: 17' 4" x 12' 11" (5.30m x 3.95m)

En Suite: 10' 7" x 7' 2" (3.25m x 2.20m) max

Nearest Stations:

0.74 miles
Bromsgrove
3.08 miles
Barnt Green
3.56 miles
Alvechurch
4.77 miles
Redditch
5.24 miles
Longbridge

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

£ 497658.75

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
    £ 14998.75
  • 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

£ 47696.25
  • 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

Adjust these figures

  %

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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