4 bedroom semi-detached for sale

£525,000

4

Bedrooms

1

Bathrooms

2

Reception

A fabulous completely renovated four bed family home now available for sale. Imagine a private lounge, plus a huge open plan family room and kitchen. Four bedrooms with a superb family bathroom, superb garden space , and an integral garage. Be the first to see this wonderful home. The finishing touches are top quality and include underfloorheating to the ground floor, double glazing, security system and newly laid carpets. Call now.

Entrance 2.03 x 1.8 m (68 x 511 ft)
With a Rock entrance door and double glazed windows. Staircase to the first floor with a glass balustrade. Underfloor heating throughout the home.

Ground floor w.c. 2.1 x 1.43 m (611 x 48 ft)
Vanity unit with wash hand basin, low level w.c. LED dimmable track lighting, heated towel rail, tiled floors.

Lounge 5.08 x 3.66 m (168 x 120 ft)
Formal lounge with a double glazed bay window to the front, integrated speaker, down lighters, wet underfloor heating and radiator.

Open Plan Family Room and Kitchen. 6.63 x 7.35 m (219 x 241 ft)
Having a modern range of matt finish base, wall and drawer units with complementary Quartz work surfaces incorporating a 1 1/2 under slung sink unit with mixer tap and further instant zip hot water and distilled water tap, integrated Neff appliances comprising induction hob, oven with grille function, a warming drawer with microwave function, a dishwasher, an American style Hisense fridge and freezer, two separate wine coolers, LED dimmable track lighting, integrated speaker system, down lighters, two Velux skylights, bi-folding doors offering access to the rear garden, wet underfloor heating and tiled flooring.

Utility Room 2.36 x 2.08 m (79 x 610 ft)
Range of matt finish base, wall and drawer units with complementary Quartz work surfaces incorporating an under slung sink unit with mixer tap, Samsung washing machine and separate Samsung tumble dryer, downlighters, gas central heating radiator, wet underfloor heating and tiled flooring.

Bedroom One 4.35 x 3.39 m (143 x 111 ft)
Double glazed bay window to the front elevation, downlighters and gas central heating radiator.

Bedroom Two 3.51 x 3.45 m (116 x 114 ft)
Double glazed window to the rear elevation, downlighters and gas central heating radiator.

Bedroom Three 4.78 x 2.1 m (158 x 611 ft)
Double glazed window to the front, downlighters and gas central heating radiator.

Bedroom Four 2.15 x 1.9 m (71 x 63 ft)
Double glazed window to the front, downlighters and gas central heating radiator.

Bathroom 1.82 x 4.06 m (512 x 134 ft)
Having free standing bath unit with mixer tap, a walk-in shower with shower head and separate rain shower head, his and hers wash hand basins with mixer tap and vanity cupboard, low level WC, heated towel rail, integrated speaker system, built in AquaVision TV, LED dimmable track lighting, LED Mirror, wet under floor heating, fully tiled walls and tiled floor and a double glazed window.

Landing Access
Access to the spacious roof void via a Slingsby ladder.

Integral Garage
With up and over doors.

Rear Garden
Lawned garden, with decorative borders and a patio at the rear of the property.

Mortgage Calculator

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

Monthly Payment: £2,270.45

Total Interest: £292,362.38

Overall Total: £817,362.38

Amortization For Monthly Payment: £2,270.45 over 30 years ( Based on 3.20% Interest )

YearInterest Principal Balance 
2025£16,645.43 £10,599.98 £514,400.02 
2026£16,301.21 £10,944.20 £503,455.82 
2027£15,945.81 £11,299.60 £492,156.22 
2028£15,578.88 £11,666.54 £480,489.68 
2029£15,200.02 £12,045.39 £468,444.30 
2030£14,808.87 £12,436.55 £456,007.75 
2031£14,405.01 £12,840.40 £443,167.35 
2032£13,988.04 £13,257.38 £429,909.97 
2033£13,557.52 £13,687.89 £416,222.08 
2034£13,113.03 £14,132.38 £402,089.69 
2035£12,654.10 £14,591.31 £387,498.38 
2036£12,180.27 £15,065.14 £372,433.24 
2037£11,691.05 £15,554.36 £356,878.87 
2038£11,185.94 £16,059.47 £340,819.40 
2039£10,664.44 £16,580.98 £324,238.43 
2040£10,125.99 £17,119.42 £307,119.01 
2041£9,570.07 £17,675.35 £289,443.66 
2042£8,996.08 £18,249.33 £271,194.33 
2043£8,403.46 £18,841.95 £252,352.39 
2044£7,791.60 £19,453.81 £232,898.57 
2045£7,159.87 £20,085.55 £212,813.03 
2046£6,507.62 £20,737.79 £192,075.23 
2047£5,834.19 £21,411.22 £170,664.01 
2048£5,138.89 £22,106.52 £148,557.49 
2049£4,421.01 £22,824.40 £125,733.09 
2050£3,679.82 £23,565.59 £102,167.50 
2051£2,914.57 £24,330.85 £77,836.65 
2052£2,124.46 £25,120.95 £52,715.70 
2053£1,308.69 £25,936.72 £26,778.98 
2054£466.44 £26,778.98 £0.00 

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

£ 423,325

Mortgage Loan to Value

81%

Gross Yield

12%

Annual ROI

35%

Annual Rental Profit

£ 28,594

Cumulative Rental Profit

£ 285,944

Cost of Purchase

£ 29,575
  • Stamp Duty
    £ 13,750

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

  • Refurbishment Budget
    £ 13,125
  • 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

£ 34,406
  • Mortgage Interest
    £ 19,050

    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)
    £ 8,316
  • Letting Fee
    £ 240
  • Maintenance
    £ 6,300
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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

£ 586,538
  • Final Equity Profit
    £ 300,595

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

  • Cumulative Rental Profit
    £ 285,944

    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

£ 855,170

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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