5 bedroom detached for sale

£995,000

5

Bedrooms

4

Bathrooms

3

Reception

Welcome to this luxurious five-bedroom detached house nestled in the private and sought-after location of Formby Village, Liverpool. This stunning property boasts a spacious and opulent interior, featuring a media room, a fabulous primary suite, and a breathtaking kitchen with bi-folding doors. The south-facing gardens offer a tranquil retreat, complete with an outdoor kitchen and terrace - perfect for entertaining or relaxing in the sunshine .Set in approximately one third of an acre with a southerly facing rear garden

Features include a private study, formal dining room, opening to a large family room, gymnasium/games room with sauna and steam room. A fabulous solid ash staircasewith glass balustrade lead to four large bedrooms, three of which have en-suite bathrooms.

To the second floor we have the primary suite with a lounge, Veluxbalcony, dressing room and spa like en-suite bathroom with jacuzzi.

With its prime location and an array of amenities at its doorstep, this exceptional property presents a rare opportunity to embrace a luxurious and prosperous lifestyle in the heart of Formby Village. Dont miss out on the chance to make this exquisite residence your own.

HALL 195 x 86 ft (5.92m x 2.59m m)

STUDY 114 x 103 ft (3.45m x 3.12m m)

DINING ROOM 1310 x 108 ft (4.22m x 3.25m m)

LOUNGE 1711 x 1311 ft (5.46m x 4.24m m)

KITCHEN 29 x 138 ft (8.84m x 4.17m m)

GARDEN ROOM 34 x 213 ft (10.36m x 6.48m m)

LAUNDRY ROOM 74 x 64 ft (2.24m x 1.93m m)

GAMES ROOM/GYMNASIUM 19 x 168 ft (5.79m x 5.08m m)

SAUNA AND STEAM ROOM 610 x 55 ft (2.08m x 1.65m m)

FIRST FLOOR BEDROOM 1711 x 12 ft (5.46m x 3.66m m)

EN-SUITE SHOWER ROOM

BEDROOM 2 17 x 104 ft (5.18m x 3.15m m)

EN-SUITE SHOWER ROOM

BEDROOM 3 168 x 107 ft (5.08m x 3.23m m)

EN SUITE SHOWER ROOM

BEDROOM 4 1311 x 83 ft (4.24m x 2.51m m)

SECOND FLOOR PRIMARY SUITE 2111 x 2111 m (6811 x 6811 ft)
SITTING AREA

BEDROOM 13 x 128 ft (3.96m x 3.86m m)

DRESSING ROOM 13 x 88 ft (3.96m x 2.64m m)

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

£ 814575

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 24875
  • 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

£ 68325
  • 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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