5 bedroom detached for sale

£750,000 Offers over

5

Bedrooms

5

Bathrooms

Floorplan

ARC HOMES are delighted to offer FOR SALE this absolutely stunning Edwardian detached property with an additional detached dwelling, positioned on Woodlands Drive, one of Athertons most sought after and rarely available positions. This incredible family home has recently been refurbished, with no expense spared to a beautifully high standard and is a credit to the current owners. The property is located in a quiet and exclusive area with superb woodland surroundings & views. With the added benefit of a detached bungalow in the rear gardens, this would be ideal for those looking for an amazing family home with an annex or those looking to work from home. With lovely gardens, ample parking and a flawless finish, early viewing is highly advised. Entry is via a spacious welcoming hallway which provides access into the well proportioned sitting room. An impressive family room sits to the rear and incorporates lounge, dining and kitchen areas with bi folding doors bringing the outside - inside. The kitchen area is finished to a high standard with central island and a range of appliances. The hallway and family room benefit from underfloor heating. A handy separate utility room and downstairs cloakroom completes the ground floor. The stunning first floor landing leads to three fantastic bedrooms and a gorgeous bathroom. The master bedroom is simply outstanding providing excellent space and boasting a vaulted ceiling, hidden dressing room and modern en suite. To the second floor is a further double bedroom finished with sky light windows and a shower room. Outside, the drive up to this property is beautiful given the picturesque Woodland spot. A driveway leads to the side towards the rear gardens providing ample off road parking. The enclosed rear gardens have been landscaped, are well presented and house the fantastic detached dwelling. This building has also been refurbished and boasts a well proportioned sitting room, modern kitchen, double bedroom and a modern shower.

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

£ 621450

Mortgage Loan to Value

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Gross Yield

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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
    £ 18750
  • 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

£ 58950
  • 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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