3 bedroom detached for sale

£535,000 Guide Price

3

Bedrooms

2

Bathrooms

Floorplan

DESCRIPTION:
This detached house is located in one of Andovers most sought after roads on the south side of the town within catchment for the popular Anton School and within easy access to the town centre and The Clatfords. Built in 1928, the accommodation has many character features and comprises entrance porch, hallway, cloakroom, sitting room with open fireplace, a 24ft kitchen/dining room, cellar, master bedroom with en-suite shower room, two further double bedrooms, a study/cot room and a bathroom. Outside there is parking to the front leading to a garage whilst to the rear there is a good sized, mature and secluded garden.

LOCATION:
Andover offers a range of shopping, educational and recreational facilities including a college of further education, a cinema, theatre and leisure centre. The mainline railway station runs a direct route to Londons Waterloo in just over an hour whilst the nearby A303 offers good road access to both London and the West Country.

ACCOMMODATION:
Entrance porch with window to side and door into:

HALLWAY:
Stairs to first floor and stairs down to cellar. Doors to:

CLOAKROOM:
Window to side. Wash hand basin and WC.

SITTING ROOM:
Windows to front and side. Fireplace with open fire.

KITCHEN:
Window to rear and door to garden. Range of eye and base level cupboards and drawers with work surfaces over and inset ceramic sink with drainer. Inset gas hob with extractor over and eye level double oven. Space and plumbing for washing machine and dishwasher. Space for further appliances and open plan aspect to:

DINING AREA:
Window to side and French doors to garden.

CELLAR:
Wall mounted boiler and hot water tank. This is currently a very useful area for storage but could offer a variety of uses.

FIRST FLOOR LANDING:
Loft access and doors to:

MASTER BEDROOM:
Windows to front and side. Feature cast iron fireplace and door to:

ENSUITE SHOWER ROOM:
Shower cubicle, wash hand basin, WC, heated towel rail and extractor fan.

BEDROOM 2:
Windows to side and rear.

BEDROOM 3:
Window to rear.

BATHROOM:
Window to front. Panelled bath with shower over, wash hand basin and WC.

OUTSIDE:
To the front there is a gravelled area offering parking, access to the garage and a gate to the rear garden.

GARAGE:
Up and over door, power and personal door to garden.

REAR GARDEN:
Nestled in serene seclusion, this generous, mature garden is a true sanctuary of tranquillity and privacy. The recently added expansive patio, perfectly positioned adjacent to the house, invites leisurely afternoons and vibrant gatherings, with elegant steps leading down to a lush, well-tended lawn adorned with a variety of shrubs and trees. To one side, a charming pergola equipped with power offers an ideal spot for a hot tub or cosy outdoor retreat, complemented by a handy shed for storage. Beyond, the garden gently transitions into a peaceful wooded area, creating a harmonious blend of cultivated beauty and natural woodland, making this outdoor space an enchanting haven for relaxation and enjoyment.

TENURE & SERVICES:
Freehold. Mains water, drainage, gas and electricity are connected. Gas central heating to radiators.

Features
  • Freehold

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

£ 444075

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
    £ 13375
  • 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

£ 42825
  • 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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