3 bedroom detached for sale

£485,000

3

Bedrooms

2

Bathrooms

2

Reception

Welcome to this stunning extended three-bedroom detached house located in the sought-after Handlake Drive, Liverpool, L19. This fabulous property offers an enviable lifestyle with its prime location and a host of amenities nearby. The property boasts an en suite bathroom, open plan extended family lounge and kitchen, a separate sitting room, gardens, and driveway parking, making it an ideal family home. With an asking price of 495,000.00, this residence is an exceptional opportunity for discerning buyers seeking a blend of modern living and convenience.

Conveniently situated within close proximity to a selection of popular schools, including Booker Avenue Junior School (0.93km), Booker Avenue Infant School (0.93km), this property is perfect for families. For higher education, Liverpool John Moores University (1.88km) and The City of Liverpool College (2.02km) are easily accessible.

Embrace the opportunity to live in this vibrant area, surrounded by a plethora of attractions, nightlife spots, and leisure options. With its exceptional features and unbeatable location, this property presents an enticing prospect for those seeking a harmonious blend of comfort and convenience.

Entrance Hall
Grey laminate floors and black radiator. With access to the ground floor cloakroom with low level w.c, stylish wash hand basin with black taps and dully tiled wall and floors.

Lounge 4.7 x 3.49 m (155 x 115 ft)
A bright front facing room with square pane double glazed window, laminate flooring and radiator.

Open Plan Family Room and Kitchen 7.943 x 5.58 m (261 x 184 ft)
A bright and spacious extended room with bifold doors to the garden elevation, under floor heating and a central marble finish island in white with black finish.

Extended Kitchen 5.23 x 3.78 m (172 x 125 ft)
Fashionably fitted with white units with black finish. This stylish kitchen has a central entertaining island, Neff oven, hob and grill. Built in fridge freezer and other utilities

Staircase to the first floor
With a spindled staircase and double glazed window to the side elevation.

Master Bedroom 3.41 x 3.56 m (112 x 118 ft)
With a square pane double glazed window facing the front elevation, radiator and coving. A really attractive room.

En-Suite
Tiled walls and floors finish this room tastefully. A complete wet room, with shower, low level w.c and designer wash hand basin.

Bedroom Two 3.51 x 2.74 m (116 x 812 ft)
With a double glazed window to the garden elevation and radiator.

Bedroom Three 3.38 x 2.19 m (111 x 72 ft)
With floor to ceiling built in wardrobes, an ideal third bedroom, nursery, or dressing room.

Bathroom
Beautifully fitted with a free standing bath with golden finish taps and radiators, square wall mounted wash hand basin and low level w.c. Fully tiled walls and floors to compliment the suite.

Garden
Mainly laid to lawn with perimeter fencing and a sunny aspect.

Front Elevation
With a drivewat to the side of the house and manicured flower beds to the front.

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

£ 402825

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
    £ 12125
  • 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

£ 39075
  • 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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