Ringwood Road, Bear Cross, Bournemouth, Dorset, BH11

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Available / For Sale

Blackstone Estate Agents Limited

1440b Wimborne Road, Kinson, Bournemouth Dorset

4 bedroom detached for sale

£500,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

This 4 Bedroom, 2 Bathroom Detached Family House offers Good Sized Accommodation and boasts a Home Office/Study, Conservatory, Double Garage, Off-Road Parking and Gardens. The Property is offered in Good Order Throughout and Viewing is a Must!

The accommodation with approximate room measurements comprises:

ENTRANCE PORCH Recessed Entrance Porch with entrance step. Frosted stained glass composite double glazed door leads to:

ENTRANCE HALL Solid oak wood flooring, central heating radiator, power points, telephone point, wall mounted central heating thermostat (NT), coved and artexed ceiling, ceiling light point. Doors leading to:

LOUNGE 1610 x 1110 Feature focal point Purbeck stone fireplace with hardwood mantle shelf, double panelled central heating radiator, UPVC double glazed window to front aspect, power points, TV aerial connection, solid Oak wood flooring, coved and artexed ceiling, ceiling light point. Archway leading to:

DINING ROOM 1111 x 1111 Double panelled central heating radiator, solid oak wood flooring, power points, UPVC double glazed double opening french doors giving access to Conservatory, coved and artexed ceiling, ceiling light point.

CONSERVATORY 118 x 97 (max. measurements) Cavity brick plinth with UPVC double glazed windows to either side and rear aspects, UPVC double glazed double opening french doors giving access to rear garden, power points, pitched reinforced polycarbonate roof.

HOME OFFICE/STUDY 811 x 810 Central heating radiator, UPVC double glazed window to front aspect, power points, telephone point, coved and artexed ceiling, ceiling light point.

KITCHEN/BREAKFAST ROOM 159 x 9 Fully fitted kitchen, part tiled walls, single drainer bowl and a half sink unit with swan neck mixer taps and cupboards and drawers under, further and extensive range of both floor and wall mounted cupboards and drawers with complementing high gloss roll edge worktop surfaces, concealed Vaillant gas fired central heating boiler (NT), fitted water softener (NT), plumbing for dishwasher, extractor hood (NT), UPVC double glazed windows to rear aspect, double panelled central heating radiator, telephone point, ceramic tiled flooring, coved and artexed ceiling with spot lighting.

UTILITY ROOM 9 x 54 Central heating radiator, power points, electric trip switches, coved and artexed ceiling, ceiling light point, space for fridge/freezer. Frosted UPVC double glazed door leading to:

REAR ENTRANCE LOBBY UPVC double glazed construction with pitched reinforced polycarbonate roof, floor mounted cupboard with worktop over, space and plumbing for washing machine, space for tumble dryer, power points, wall light point. UPVC double glazed door giving access to rear garden.

DOWNSTAIRS CLOAKROOM White suite comprising low level WC, wall mounted vanity wash hand basin with mixer taps, frosted UPVC double glazed window to side aspect, coved and artexed ceiling, ceramic tiled flooring, ceiling light point.

From Hallway, stairs to:

FIRST FLOOR LANDING Loft entrance to roof space with fitted loft ladder, power points, built in airing cupboard housing pre-lagged hot water cylinder with fitted electric immersion heater and slatted shelving for linen over, central heating radiator, UPVC double glazed window to front aspect, coved and artexed ceiling, smoke alarm (NT), ceiling light point. Doors leading to:

BEDROOM 1 136 x 12 (max. measurements) Superb range of built in wardrobes with hanging rail and shelving, inset dressing table unit with drawers under and shelving and cupboards above, further matching built in wardrobes with part mirror fronted doors, hanging rail and shelving and further storage cupboards over, central heating radiator, power points, TV Aerial connection, UPVC double glazed window to front aspect, coved and artexed ceiling, ceiling light point. Door leading to:

EN SUITE SHOWER ROOM/WC Fully tiled walls with dado border relief tile, fully tiled shower cubicle with fitted shower valve and spray (NT), glazed sliding shower door, pedestal wash hand basin, low level WC, central heating radiator, frosted UPVC double glazed window to side aspect, coved and artexed ceiling, ceiling light point.

BEDROOM 2 12 x 114 (max. measurements) Built in wardrobes with hanging rail and shelving, storage cupboards over, adjoining over bed storage cupboards, built in matching dressing table unit with drawers under, central heating radiator, power points, UPVC double glazed window to rear aspect, coved and artexed ceiling, ceiling light point.

BEDROOM 3 125 x 810 (max. measurements) Superb range of built in wardrobes with hanging rail and shelving, storage cupboards over, matching dressing table unit with drawers under, central heating radiator, power points, UPVC double glazed window to front aspect, coved and artexed ceiling, ceiling light point.

BEDROOM 4 96 x 810 Central heating radiator, power points, UPVC double glazed window to rear aspect, coved and artexed ceiling, ceiling light point.

FAMILY BATHROOM/WC Fully tiled walls with dado border relief tile, modern panelled bath with TRITON TOPAZ electric shower over (NT), shower rail and curtain, pedestal wash hand basin, low level WC, central heating radiator, frosted UPVC double glazed window to rear aspect, coved and artexed ceiling, ceiling light point.

OUTSIDE

FRONT GARDEN Approached via a single wrought iron gate. Steps lead down to the property, garden is basically tiered and laid to lawned areas with well stocked flower and shrub borders, paved pathway giving access to property.

REAR GARDEN A feature of the property, provides a large degree of seclusion. Immediately abutting the property is a good sized paved patio area which has outside lighting and an outside water tap. The remainder of the garden is basically laid to artificial lawn with well stocked flower and shrub borders. Located in the corner is a timber pergola-type construction then a further shingled hardstanding area which is ideal for outside dining. There are 2 timber garden storage sheds, a timber side gate giving access back to the front garden and a further timber gate leading to the Garage. Double opening gates lead to potential further off-road parking.

GARAGE 1511 x 158 The property is conveyed with a large brick built double garage, of brick construction, fitted with electric light and power, wall mounted shelving and electronic metal up and over door. Further Off-Road Parking facilities are provided in front of the Garage.

TENURE Freehold PROPERTY TAX BAND D

SERVICES/UTILITIES AND MATERIAL INFORMATION:

Mains Gas: Yes
Mains Electric: Yes
Mains Water: Yes
Mains Sewerage: Yes
Broadband: Yes
Broadband Speed: Max1000 mbps
Mobile Signal: Good
Solar Panels: No
Asbestos Risk: Low
Flood Risk Area: Low
Flood last 5 yrs/How: No
Community/Service Charge: Vendor unaware of any.
Restrictions or Easements: Vendor unaware of any
Parking Off-Road Parking, Double Garage
Construction Standard
Chain/Timescale: A.S.A.P.

The above Services together with associated equipment and fitted appliances (if included) have not been tested by Blackstone Estate Agents and are subject to each of the Authorities own Regulations. Blackstone have inspected the property solely for the purpose of preparing the property particulars and have not carried out any survey. We have looked into the material information above but cannot confirm total accuracy so any interested party is highly recommended to carry out their own investigations or survey to satisfy themselves on any matters that are specifically important to them.

DIRECTIONS From the centre of Kinson, proceed along the main Wimborne Road in a westerly direction to the Bear Cross roundabout. At the roundabout take the 1st exit into Ringwood Road. Continue to the Clockhouse roundabout then double back (4th exit) back into Ringwood Road. Turn immediate left into the Service Road and No. 1036 is located on the left hand side.

UPVC Double Glazing, Gas Central Heating (NT), 4 Bedrooms, 2 Bathrooms, Fitted Kitchen, Conservatory, 2 Linked Reception Rooms, Ground Floor WC, Home Office/Study, Gardens, Off-Road Parking, Double Garage, Viewing Recommended, Ideal Family Home, Sole Agents.



Features
  • Freehold

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £2,162.33

Total Interest: £278,440.36

Overall Total: £778,440.36

Amortization For Monthly Payment: £2,162.33 over 30 years ( Based on 3.20% Interest )

YearInterest Principal Balance 
2025£15,852.79 £10,095.22 £489,904.78 
2026£15,524.96 £10,423.05 £479,481.73 
2027£15,186.49 £10,761.52 £468,720.21 
2028£14,837.03 £11,110.99 £457,609.22 
2029£14,476.21 £11,471.80 £446,137.42 
2030£14,103.68 £11,844.33 £434,293.10 
2031£13,719.06 £12,228.96 £422,064.14 
2032£13,321.94 £12,626.07 £409,438.07 
2033£12,911.93 £13,036.09 £396,401.98 
2034£12,488.60 £13,459.41 £382,942.57 
2035£12,051.52 £13,896.49 £369,046.08 
2036£11,600.25 £14,347.76 £354,698.32 
2037£11,134.33 £14,813.68 £339,884.64 
2038£10,653.28 £15,294.73 £324,589.91 
2039£10,156.61 £15,791.41 £308,798.50 
2040£9,643.80 £16,304.21 £292,494.29 
2041£9,114.35 £16,833.66 £275,660.63 
2042£8,567.70 £17,380.31 £258,280.32 
2043£8,003.30 £17,944.71 £240,335.61 
2044£7,420.57 £18,527.44 £221,808.17 
2045£6,818.92 £19,129.09 £202,679.07 
2046£6,197.73 £19,750.28 £182,928.79 
2047£5,556.37 £20,391.64 £162,537.15 
2048£4,894.18 £21,053.83 £141,483.32 
2049£4,210.49 £21,737.52 £119,745.80 
2050£3,504.59 £22,443.42 £97,302.38 
2051£2,775.78 £23,172.23 £74,130.14 
2052£2,023.29 £23,924.72 £50,205.43 
2053£1,246.37 £24,701.64 £25,503.79 
2054£444.22 £25,503.79 £0.00 

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

£ 402,700

Mortgage Loan to Value

81%

Gross Yield

12%

Annual ROI

35%

Annual Rental Profit

£ 27,219

Cumulative Rental Profit

£ 272,185

Cost of Purchase

£ 27,700
  • Stamp Duty
    £ 12,500

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 12,500
  • 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

£ 32,782
  • Mortgage Interest
    £ 18,122

    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)
    £ 7,920
  • Letting Fee
    £ 240
  • Maintenance
    £ 6,000
  • 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

£ 558,932
  • Final Equity Profit
    £ 286,747

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £ 272,185

    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

£ 814,447

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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