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£575,000 Offers over
Bedrooms
Bathrooms
Brown and Cockerill Estate Agents are delighted to offer for sale this modern five bedroom detached property located in a sought after development in the popular residential location of Hillmorton, Rugby. The property is of standard brick built construction with a tiled roof and benefits from all mains services connected.
There are a range of amenities available within the immediate area to include a local convenience store, hairdressers, newsagents, hot food takeaway outlets and regular bus services. Nearby Rugby town centre offers a wealth of shops and stores, public library, churches of several denominations, supermarkets and many restaurants/cafes, takeaway outlets, public houses and there is excellent local schooling for all ages.
The property is conveniently situated for easy commuter access to M1/M6/A5/A14 road and motorway networks and Rugby railway station operates a mainline intercity service to London Euston in under an hour and Birmingham New Street.
The accommodation is set over two floors and in brief, comprises of an entrance hall with an impressive oak staircase rising to the first floor landing, storage cupboard and doors off to the ground floor accommodation. There is a dining room to the front elevation and a separate loungewith a feature fireplace with aremote control gas fire and there are French doors opening onto the rear garden. The modern kitchen/breakfast room has a central islandand benefits from under floor heating and has a range of built in appliances. In brief, these includes a Neff Circotherm oven with slide and hide doors and further Neff steam oven, induction hob, dishwasher, coffee machine and American style fridge freezer, The separate utility roomhas a Belfast sink, space and plumbing for an automatic washing machine and tumble dryer with a pedestrian door opening onto the side of the property and further door giving internal access to the garage. There is a ground floor cloakroom/w.c. fitted with a vanity unit with inset wash hand basin, wall hung w.c. and Bisazza mosaics.
To the first floor, the landing gives convenient access to part boarded loft space with lighting connected. The master bedroom has fitted oak wardrobes and floating oak shelves and benefits from an en-suite shower room fitted with a double shower enclosure, wall hung wash hand basin and concealed cisternw.c. with flush plate. Bedroom two also benefits from en-suite facilities to include a shower enclosure, concealed cistern w.c. with flush plate and wall mounted wash hand basin. There are three further well proportioned bedrooms and a family bathroom fitted with a three piece white suite.
The property benefits from hardwood double glazing, gas fired central heating to radiators and home multimedia wiring.
Externally, to the frontthere is a driveway providing ample off road parking and leads to the integral garage with electric door and electric vehicle charging point. The enclosed rear garden has external power and water connections and is predominantly laid to lawn with a paved patio area to the immediate rear and an additional decked area, both are ideal for al fresco dining and entertainment.
Early viewing is highly recommended to avoid disappointment. The property is being offered for sale with no onward chain.
Gross Internal Area: approx. 151 m (1625 ft).
Please see attached sheet for detailed and comprehensive information regarding fixtures and fittings.
Map location is not available for this property.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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