4 bedroom detached for sale

£499,950

4

Bedrooms

2

Bathrooms

Floorplan

Brown and Cockerill Estate Agents are delighted to offer for sale this beautifully presented four bedroom detached period home which has recently undergone a comprehensive programme of renovation and improvement, combining character features with contemporary finishes to create a truly stunning family home.

Located on the desirable Paddox estate in Rugby, this property provides excellent access to all local amenities. The well-regarded Paddox Primary School and Ashlawn School are both within walking distance, along with Sainsburys Local, Aldi supermarket, Maddens convenience store and a parade of further independent shops and stores. Rugby Railway Station offers commuters a direct intercity mainline service to Coventry, London Euston and Birmingham New Street in under one hour.

In brief, the well-planned accommodation comprises an entrance hall with original chequered tiled floor, a charming lounge with bay window anda striking open-plan kitchen/dining room boasting high-quality cabinetry with soft-close doors and drawers, complemented by luxurious quartz worktops and a full range of integrated appliances to comprise of a built-in oven, combination microwave, island with induction hob and modern extractor, full-size fridge/freezer, integrated dishwasher and a wine cooler - all from leading premium brands. Leading off from the kitchen/dining room is a separate utility room with fitted storage, a well-appointed ground floor shower room with contemporary white suite and agenerous extended double bedroom with bi-fold doors that open out onto the rear garden. To the first floor there are three additional bedrooms and a stylish family bathroom fitted with a premium contemporary suite.

Modernised to exacting standards, the home benefits from uPVC double glazing throughout and gas fired central heating to radiators.

To the rear, the garden has been designed with lifestyle and functionality in mind, including a bespoke home office pod ideal for remote working or creative pursuits. There is off road parking to the front along with a useful store which has a remotely operated roller door.

Offered for sale with no onward chain, this superb home offers a rare blend of period charm, modern luxury, and practical living. Early viewing is highly recommended to fully appreciate all that this impressive property has to offer.

Gross internal area: 1410 ft (131m)

PERSONAL INTEREST

We are required under the Estate Agents Act 1979, and the provision of Information Regulations 1991, to point out that the client we are acting for on the sale of this property is an employee of Brown & Cockerill Estate Agents and is therefore a connected person as defined by that Act.


Construction Type

Traditional Brick Construction

Map location is not available for this property.

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

£ 415158.75

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

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
    £ 12498.75
  • 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

£ 40196.25
  • 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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