5 bedroom detached for sale

£1,150,000 OIRO

5

Bedrooms

3

Bathrooms

4

Reception

Floorplan

Summary: An impressive and generously proportioned residence of approximately 3,247 sq. ft boasting four reception rooms, five double bedrooms, three sizeable bathrooms, double garage and south westerly rear garden. The property is located on a superb private plot within an exclusive luxury development on one of Barnt Green's prestigious roads.

Description: The accommodation comprises: Enclosed porch, grand entrance hall, guest cloakroom, formal dining room, office and charming living room with gas feature fire. The generous open plan kitchen/dining room is equipped with granite worktops, Leisure range cooker, integrated NEFF dishwasher, NEFF microwave and also features a family lounge area with gas inset fire. Adjacent the kitchen lies a conservatory with under floor heating and spacious utility room (with access to both the garden and garage).

The first floor features an airing cupboard, sumptuous master bedroom suite with an abundance of wardrobe space and en suite bathroom, principal guest bedroom with integrated wardrobes and en suite bathroom, three additional double bedrooms (all with built in wardrobes) and family bathroom.

Outside: Externally, the property boasts an attractive south west facing rear garden with extensive lawn, various seating areas, pond, shed and a wide variety of shrubs and mature trees. Parking includes a block paved drive to the fore as well as an integrated double garage.

Location: Barnt Green is a delightful village offering a variety of amenities including local shopping facilities, cafes, two popular gastropubs, doctor's surgery, two churches, dentist, St Andrews First School and train station. 4 White House Drive itself is located approximately 1.4 miles from the village centre and is conveniently located for many fine walks, including the renowned Lickey Hills Country Park. There are also many sporting facilities including a cricket club, Blackwell Golf Club, Barnt Green sailing club and many other societies including local orchestra, the Midland Sinfonia. There is easy access to M5/M42 motorway links, Birmingham Airport and Birmingham City Centre is approximately 10 miles away. Further local schooling includes Blackwell Infants School, Lickey End First School (both with 'Outstanding' Ofsted Status), Alvechurch First and Middle School, North and South Bromsgrove High as well as Bromsgrove Independent School.

Room Dimensions:

Living Room: 22' 7" x 14' 5" (6.89m x 4.40m)

Dining Room: 13' 1" x 11' 2" (3.99m x 3.42m)

Office: 12' 0" x 8' 2" (3.67m x 2.51m)

Kitchen/Diner/Family Room: 20' 0" (max) x 21' 0" (max) (6.10m x 6.42m)

Utility Room: 7' 1" x 12' 3" (2.17m x 3.74m)

Conservatory: 10' 6" x 8' 0" (3.22m x 2.46m)

Double Garage: 18' 2" x 18' 4" (5.55m x 5.61m)

Stairs To First Floor Landing

Bedroom One: 15' 10" (max) x 18' 8" (4.83m x 5.71m)

En Suite: 7' 9" x 10' 2" (2.37m x 3.11m)

Bedroom Two: 18' 2" (max) x 18' 4" (5.54m x 5.61m)

En Suite: 7' 5" x 10' 2" (2.27m x 3.11m)

Bedroom Three: 13' 2" x 11' 3" (4.03m x 3.43m)

Bedroom Four: 12' 6" x 12' 5" (3.83m x 3.80m)

Bedroom Five: 9' 4" x 12' 5" (2.85m x 3.80m)

Bathroom: 14' 0" (max) x 7' 8" (max) (4.29m x 2.35m)

Please read the following: These particulars are for general guidance only and are based on information supplied and approved by the seller. Complete accuracy cannot be guaranteed and may be subject to errors and/or omissions. They do not constitute a contract or part of a contract in any way. We are not surveyors or conveyancing experts therefore we cannot and do not comment on the condition, issues relating to title or other legal issues that may affect this property. Interested parties should employ their own professionals to make enquiries before carrying out any transactional decisions. Photographs are provided for illustrative purposes only and the items shown in these are not necessarily included in the sale, unless specifically stated. The mention of any fixtures, fittings and/or appliances does not imply that they are in full efficient working order and they have not been tested. All dimensions are approximate. We are not liable for any loss arising from the use of these details.

Nearest Stations:

0.97 miles
Barnt Green
2.32 miles
Longbridge
2.42 miles
Alvechurch
3.36 miles
Northfield
3.52 miles
Bromsgrove

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

£ 950200

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

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
    £ 28750
  • 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

£ 87700
  • 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.

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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.

Notes

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