4 bedroom semi-detached for sale

£700,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

LAST PLOT REMAINING - VIEWING HIGHLY RECOMMENDED

The Meadow, as the name suggests, is surrounded by open fields and countryside, just off a quiet lane that links directly to the Abingdon Road. These ready to move into homes offer stylish living space and are finished to the highest specification with excellent Eco-credentials, garage and generous garden. Lavender House is one of four semi-detached homes that may look similar from the front but internally each one has a unique style and feel. Offering spacious accommodation across two floors with potential to extend into the loft if so desired these fabulous homes are filled with natural light through Smart Visofold 1,000 bifold doors to the rear and Infinity Flush Casement windows throughout.

Each home brings together traditional construction, outstanding modern day comforts and energy saving design. The Meadow delivers way more than the customary nod in the direction of eco-friendly living, resulting in a seldom seen A-Rated Energy Performance Certificate. At the centre of this incredibly efficient home is a Mitsubishi Ecodan air source heat pump that gently heats the ground and first floor with under floor heating. This system also provides the domestic hot water which is backed up by an electric immersion heater and a PV solar boost. The roof mounted solar panels with inverter and export metre ensures your home will run smoothly, efficiently and cost effectively throughout the year.

The professionally designed Benchmarx kitchens have quartz work surfaces and a range of soft close cupboards and drawers at base and eye level with built in Siemens A-Rated appliances as standard. A Fohen 4:1 tap delivers your standard hot and cold water, filtered drinking water and instant boiling water. Main living areas are gently lit by LED recessed downlighters. The house also benefits from high speed fibre broadband.

The engineered oak fire doors complement the feature oak balustrades and hand rails to the staircase, creating a welcoming central reception area. The generous porcelain tiling in the bathrooms with the Grohe taps and shower fittings create a boutique hotel feel of simple yet top quality luxury living. Amtico flooring on the ground floor, excluding the lounge. Deanes Fitted wardrobes in the principal bedroom and bedroom 3. Each roof space has been constructed using Attic Trusses making conversion of the loft space more cost effective to future proof your stay.

The gardens are fully turfed and offer perfectly proportioned outside space seldom seen with new homes in this day and age.


EPC Rating: A

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

£ 580200

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

£

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
    £ 17500
  • 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

£ 55200
  • 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

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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