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£875,000
Bedrooms
Bathrooms
3791 Sq Ft, Detached Triple Garage A magnificent five bedroom detached family home offered with spacious accommodation to include, lounge with inglenook fire place, dining room, home office space, well appointed kitchen, spacious orangery added by current owners, two en-suite bathrooms, principal bathroom and guest WC, detached triple garage (with workshop), owned solar panels, generous off road parking with electric charge point, delightful wrap around gardens and situated in the prestigious development of similar properties, set within the idyllic area of Bordesley, Redditch.
The accommodation briefly comprises:- An inviting entrance hall, a dual aspect lounge with brick built inglenook fire place and access to the rear garden, a study/home office with bespoke fitted storage/work space (please note our client has advised there is high speed fibre broadband direct to the property), a second reception/dining room providing a more formal setting, a modern fitted kitchen with a range of integrated appliances island, access to the grounds and access to the Orangery. The orangery provides a magnificent extension to the property with space to relax or socialise. A rising staircase leads to the first floor and offers the master bedroom with fitted wardrobes and en-suite bathroom, a second double bedroom with walk in wardrobe and en-suite bathroom, an additional two well proportioned bedrooms with bespoke fitted storage and the principal bathroom. An additional staircase leads to the second floor and offers the fifth double bedroom with fitted furniture and Velux windows.
Outside - Set within a generous plot the front aspect of the property is approached by generous off road parking, access to the detached triple garage with workshop, electric charge point and access to the main residence. The rear garden offers a tranquil extension to the property and an ideal space to dine or entertain with wrap around patio, timber canopied area housing a hot tub, pond, neatly maintained lawn, separate decked seating area, an array of well stocked feature flower beds, summerhouse and garden shed.
Garage - 6.01m x 2.81m (198' x 92')
Games Room - 5.63m x 4.94m (185' x 162')
Workshop - 5.31m x 2.79m (175' x 91')
Lounge - 6.64m x 5m (219' x 164') max
Dining Room - 3.73m x 3.46m (122' x 114')
WC - 1.98m x 1.48m (65' x 410')
Study - 3.75m x 3.82m (123' x 126') max
Kitchen - 5.71m x 4.33m (188' x 142') max
Conservatory - 12.29m x 5.13m (403' x 169')
Stairs To First Floor Landing
Master Bedroom - 6.1m x 3.51m (200' x 116') max
Ensuite - 2.5m x 2m (82' x 66')
Bedroom 2 - 4.58m x 3.42m (150' x 112')
Ensuite - 3.19m x 1.76m (105' x 59')
Walk in Wardrobe - 2.13m x 1.57m (611' x 51')
Bedroom 3 - 4.26m x 3.51m (1311' x 116') max
Bedroom 4 - 3.19m x 2.4m (105' x 710')
Bathroom - 2.33m x 2.31m (77' x 76')
Stairs To Second Floor Landing
Bedroom 5 - 6.8m x 3.99m (223' x 131') max
Agents Note: Some images have been digitally enhanced for illustration only.
Map location is not available for this property.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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