4 bedroom detached for sale

£1,000,000 Guide Price

4

Bedrooms

2

Bathrooms

2

Reception

Floorplan

GUIDE PRICE 1m - 1.1m Well presented four bedroom detached family home located in sought after village of Flax Bourton with 0.5 acre of gardens.

Description
Built in the 1930s Tall Timbers is a well presented and charming four bedroom detached family home. The property sits centrally in grounds of approximately 0.5 acres and is beautifully surrounded by a backdrop of mature trees. It is located on the fringe of the sought-after village of Flax Bourton that boasts an excellent primary school and village pub. Surrounded by stunning countryside it is an ideal base for walking and cycling alike and benefits from being a short distance from Long Ashton and Backwell. The property has been tastefully renovated throughout by the current vendors with the accommodation laid over two floors. The ground floor consists of a beautiful kitchen / breakfast room, living room, dining room and downstairs WC. The upstairs offers four bedrooms, with the master benefitting from an en-suite shower room and a large family bathroom. Outside there are large substantial gardens to the front and rear with off street parking for multiple vehicles.
Location
The village of Flax Bourton is situated some five miles to the south west of the city of Bristol, proving an extremely convenient position for the commuter. Flax Bourton offers an active village community with a village hall, public house, church and well-tended cricket pitch and is extremely popular with families. Schooling is provided at the Flax Bourton Church of England Primary School which has recently received an outstanding rating from Ofsted, whilst the village is firmly in the catchment for the well-renowned Backwell Secondary School. There are a number of independent schools available locally including the Downs Preparatory School in nearby Wraxall and Fairfield School in Backwell. Within Bristol itself there are a number of highly regarded independent schools including Clifton College, Bristol Grammar and QEH. A number of recreational facilities are close at hand for those that enjoy walking, cycling or riding with miles of bridleways, public footpaths and acres of open countryside on the doorstep. There are several excellent Golf Courses nearby along with a David Lloyd Health & Leisure Centre situated within 4 miles in Long Ashton. Nailsea provides an excellent spot for your Waitrose or Tesco shop whilst Backwell and Long Ashton provide the more day-to-day conveniences. Access to the city centre along the A370 (Long Ashton bypass) proves to be an excellent link road. Cambridge Heights is within close proximity to childrens play park at nearby Farleigh Green and Festival Way cycle path providing a safe cycle way to Nailsea and central Bristol, whilst Nailsea/Backwell railway station is around 2.5 miles away. This station provides access to Bristol Temple Meads and onto London Paddington. Access to the motorway network at Junction 19 of the M5 motorway is within six miles whilst Bristol International Airport is situated approximately seven miles away.


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

£ 818950

Mortgage Loan to Value

%

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
    £ 25000
  • 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

£ 68950
  • 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

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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