4 bedroom detached for sale

£340,000

4

Bedrooms

'GUIDE PRICE 330,000 - 340,000' Located within walking distance to Newport High School and Chuckles Nursery, as well as amenities on Malpas Road including Tesco, this property offers both convenience and an idyllic lifestyle for families. With easy access to the M4 corridor and close proximity to well-regarded schools, this residence encapsulates the essence of the perfect family home.

Discover the epitome of family living with this exceptional 4 bedroom detached house, situated in the sought-after residential area of Heol Senni. Boasting a tranquil exterior, this property is designed to impress with its modern amenities and spacious layout. The ground floor features two generous living areas, perfect for entertaining or relaxing, a well-appointed kitchen diner with integrated appliances, and a convenient downstairs WC for added comfort. The versatility of the lounges allows for a snug, playroom, or office setup, catering to your familys needs with ease. Upstairs includes 4 well-appointed bedrooms, with the master boasting an en-suite with shower cubicle. An additional full white family bathroom ensures convenience for all members of the household.

Step outside to a sun-trap garden, ideal for families to enjoy, with patio doors leading from the larger living room to enhance the indoor-outdoor flow. The property also benefits from a rhine outside space surrounding the house, offering a peaceful ambience for your daily retreat. Situated on a corner plot, this residence offers ample parking with a driveway for up to 3 vehicles and a detached garage, catering to your practical needs effortlessly.

Book your viewing today to experience the epitome of modern living in this tranquil and sophisticated setting.


EPC Rating: B

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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

£ 283200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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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
    £ 8500
  • 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

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£

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

£ 28200
  • 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

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  • 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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