5 bedroom detached for sale

£330,000

5

Bedrooms

Floorplan

The Property also offers traditional features including front bay windows and feature large stained glass to front of the property and first floor landing.

The property boasts excellent size rooms as well as 4 double bedrooms plus 1 single/office with the added benefit of 2 separate sitting rooms, open plan kitchen and dining room along with a good size private garden, conveniently accessed from the rear French doors.

There is also off road parking on the gravelled driveway for several vehicles.

The property benefits from being within minutes of the Pilgrim Hospital, Boston High School, and several excellent primary schools.

There is no onward chain.

Open entrance porchway with original quarry tiling and leaded glass door

Hallway with engineered oak flooring. Understairs storage cupboard with wall hooks and electric meters.

Front Sitting Room: 11€™1€ x 6€™6€ (3.4m x 2.0m).

Traditional original bay window with leaded lights, solid wood window sills.

Marble hearth with fitted living flame gas fire. Built-in deep storage cupboard in alcove with feature spotlight on dimmer.

Open plan Breakfast Kitchen leading onto additional Dining Area: 15€™5€ x 23€™7€ (4.7m x 7.2m at widest points).

All built -in appliances. Electric hob with extractor, Neff split level double oven and separate grill, built-in dishwasher and fridge. Range of fitted wall and base units with marble effect work tops and drawers. Ceramic double sink with waste. Additional separate glass cabinet and work surface. Space for breakfast table and chairs. Spot lights and tiled floors.

Separate Dining Area:

Spacious area with plenty of room for a larger table and chairs, patio doors to garden, tiled floors and spot lights.

Glazed door leading to Utility Room

Utility:

Worktop with space underneath for washer and vented for dryer. Tiled floor and access to rear of garage.

Separate W.C. with glass basin, tiled floor and spot lights.

2nd Sitting Room/Family Room: 18€™0€ x 12€™9€ (5.5m x 3.9m).

Looking onto the garden with French tilt and open door.

Engineered wood flooring, built-in cupboard housing wall mounted gas boiler, radiator, spot lights and side alcove.

The stairs from the hallway feature original front leaded oval window with alcove and shelving.

Staircase leading to landing to bedrooms 1,2 & 5 as well as the main bathroom.

Family Bathroom:

Good size with bespoke range of fitted cupboards.

Built-in vanity unit with storage and drawers, tiled to splash back, built-in airing cupboard, fully tiled to shower area with mains shower over bath and glass screen.

W.C. wall mirror, heated towel rail and tiled to floor.

Bedroom 1: 11€™9€ x 9€™10€ (3.6m x 3.0m).

Original bay window with leaded lights and solid wood window sills.

Built-in full length mirrored sliding wardrobes with hanging space, over head storage, shelving and drawers.

Bedroom 2: 11€™9€ x 8€™6€ (3.6m x 2.6m).

Double to rear, with hardwood window sills.

Bedroom 5: 9€™6€ x 6€™2€ (2.9m x 1.9m).

Good size single currently used as an office, engineered oak flooring and wall shelving.


Staircase leading to landing to shower room and bedrooms 3 & 4.

Loft access boarded with light and pull down ladder for access.

Landing - Featuring original full length arched leaded window with secondary double glazing.

Separate shower room/2ndbathroom:

Modern large glass walk-in shower, built-in W.C. vanity wash hand basin with storage, tiled to splash back, extractor/spotlight, heated towel rail and non-slip flooring.

Bedroom 3: 13€™5€ x 7€™10€ (4.1m x 2.4m).

Double to front, with leaded lights and solid wood window sills.

Bedroom 4: 13€™6€ x 8€™7€ (4.1m x 2.6m).

Double to rear with solid wood window sills.

External:

Totally private large rear garden with high hedges for screening and good size lawn.

Private paved patio area with fold away awning.

Built-in brick BBQ area.

Metal storage shed and wooden shed.

Side access gate.

Garage with potential to convert to an additional room with power, lighting and shelving. Internal access.

Access to the front of the property is via a large gravel driveway providing extensive parking for several vehicles, hard standing etc.

The property is screened to the front by hedging.

EPC rating: D. Council tax band: C, Tenure: Freehold,

Map location is not available for this property.

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

£ 274950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 8250
  • 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

£ 27450
  • 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

£

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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