5 bedroom detached for sale

£500,000 Offers over

5

Bedrooms

3

Bathrooms

Floorplan

Brown & Cockerill Estate Agents are delighted to offer for sale this bespoke and individual four/five-bedroom detached home set within a secluded and private location on the edge of Newbold Upon Avon offering a versatile layout ensuring the space meets a variety of needs, combining both comfort and functionality.

Built by a renowned local builder Warwickshire Design & Build with a reputation for quality craftsmanship, the property comes with the reassurance of a 10-year warranty.

Surrounded by mature trees and hedging, the property priovides an exceptional level of privacy. Its prime location is just a short distance from the village centre of Newbold Upon Avon which offers a range of amenities to include shops, stores and excellent schooling for all ages.

The property is approached via an oak-framed entrance porch leading into a well lit double-height entrance hall with travertine tiled flooring. There is a spacious lounge/dining room with patio doors opening onto the rear garden, a ground floor bedroom five/family room, bathroom with contemporary white suite, fitted modern kitchen with range cooker, integrated appliances, gas range, quartz work surfaces and a separate utility room.

The first floor features four well-proportioned double bedrooms with each room offering flexibility, making them suitable for use as office or home-working spaces as needed. The en-suite bathroom and family bathroom bathroom are both finished with contemporary white sanitaryware, showcasing high-quality fixtures throughout.

The property has been designed to be environmentally friendly and cost-effective in terms of energy usage. The property offers Upvc double glazing, underfloor heating throughout the ground floor and gas-fired central heating to radiators to the first floor.

Externally, the property is approached via a private driveway which provides access and hardstanding to the front and an oversized single garage, with an electrically operated roller door for easy access and added convenience. The gardens extend to the side and rear with sandstone pathways and patio to the rear making an ideal entertaining space.

The vendor is offering the property for sale with no onward chain.

Gross internal area: 179m (1927 ft).

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

£ 415200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 12500
  • 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

£ 40200
  • 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

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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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