4 bedroom detached for sale

£725,000 Offers over

4

Bedrooms

Floorplan

Summary: This stunning and impressive four double bedroom detached executive home, is offered with three reception rooms, a well appointed breakfast kitchen, two contemporary en suites and family bathroom, a landscaped rear garden, driveway and double garage, and is situated in a quiet no through road, opposite Bromsgrove Cricket Club, in a modern development in Aston Fields, near Bromsgrove train station.

Description: The accommodation, which boasts new flooring, underfloor heating to the hall, kitchen, dining and family rooms and new dark wood internal doors, briefly comprises:- Driveway and Double Garage with Electric Door, Hall, Downstairs WC, Lounge with Marble Feature Fireplace and Large Bay Window, Well Appointed Breakfast Kitchen with Breakfast Island and Integrated Fridge/Freezer, Dishwasher, Double Oven, Gas Hob and Extractor, Utility Room with Pantry, Dining Room with Patio Doors to Rear Garden, Family Room with Patio Doors to Rear Garden, Stairs to First Floor Landing, Master Bedroom with Large Bay Window, Walk In Wardrobe and Stunning En Suite with Walk In Shower Enclosure and His 'n' Hers Vanity Unit, Double Bedroom Two with Contemporary En Suite Shower Room, Double Bedrooms Three and Four, and Contemporary Family Bathroom with Shower over Bath.

Outside: Outside, the property enjoys a landscaped rear garden with a paved patio with steps up to a further paved sitting area and a lawn with a bark chipped play area and raised beds to fenced boundaries.

Location: Aston Fields is a small village located to the west of Bromsgrove. With close proximity to the M5 (junctions 4 and 5), M42 (junction 1), and Bromsgrove train station within very easy distance. The village itself enjoys a number of amenities, independent shops and eateries, and a well sought after Middle School. In addition, the property also benefits from being within South Bromsgrove High School Catchment.

Nearest Stations:

0.19 miles
Bromsgrove
3.63 miles
Barnt Green
3.76 miles
Alvechurch
4.34 miles
Redditch
5.95 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

£ 600825

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 18125
  • 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

£ 57075
  • 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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