4 bedroom detached for sale

£335,000

4

Bedrooms

Floorplan

Property has been finished to a high standard and benefits from having bespoke features including solid oak furnishings, bespoke radiators and decorative coving.

Property is approached via block paved driveway with parking for several vehicles.

Upon entering the property there is a welcoming hallway with oak staircase, Engineered oak to floor.

Walk in shower room off hallway with mains fed shower, hand basin and WC. Fully tiled walls and floor. Door leading to garage.

Lounge: (5.9m x 3.5m). With feature brick fireplace housing large wood burner and having tiled hearth. Bay window overlooking front. Carpet to floor.

Dining room: (3.8m x 3.4m). Entered via oak double doors with feature cast iron radiator. Carpet to floor.

Study: (3.3m x 1.8m). With integrated storage and desk, feature cast iron radiator. Carpet to floor.

Kitchen: (4.8m x 3.4m). With range of wall and base units, Belfast sink with mixer tap over and tiled splash back. Feature brick surround with extractor sits above electric range cooker. Integrated small gas hob, fridge-freezer, steamer and dishwasher. Breakfast bar, tiled to floor.

Utility: Situated off kitchen with range of wall and base units, stainless steel sink with mixer tap over. Plumbing for washing machine and space for fridge-freezer. Door leading to rear garden, tiled to floor.

Oak staircase with exposed brick wall leading to spacious landing with oak beam features. Carpet to floor.

Main Bathroom: With bespoke 3 piece suite comprising raised bath, hand basin and WC. Fully tiled walls, carpet to floor.

Bedroom 1: (5.8m x 5.6m). Large spacious double with en-suite. Integrated storage space and view to front of property. Carpet to floor.

En-suite: Comprising raised walk in shower with mains fed shower, hand basin and WC. Fully tiled walls and floor.

Bedroom 2: (3.9m x 3.4m). Double with en-suite, carpet to floor.

En-suite: Walk in shower room with mains fed shower, hand basin and WC. Fully tiled walls and floor.

Bedroom 3: (3.8m x 2.8m). Double with carpet to floor.

Bedroom 4: (3.5m x 3.0m). Double with airing cupboard and storage. Carpet to floor.

Gas central heating and double glazing throughout.

External:

Block paved driveway to front with parking for several vehicles.

Fully enclosed low maintenance rear garden mainly block paved with additional lawned areas and mature shrubs to border.

Garage: (5.6m x 2.9m). With power and lighting, up and over oak electric door and door leading into property.

EPC rating: 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

£ 279075

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
    £ 8375
  • 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

£ 27825
  • 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

Adjust these figures

  %
  %
£
  %

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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